Browsing: Management

Every business during the course of its existence will experience a near death experience. This is a period characterized by harsh business conditions; low sales, low morale, low cash, low market share, and low innovation. Some recover from this and bounce back stronger than before, and some don’t.

MANAGEMENT 101: How To Organize Your Business For Sustainable Growth. After all is said and done, the day-to-day activities of a business purely rest on the competence of management. It’s possible for a business to have a great leader and a great product, but without great management practices in place, the business cannot exist for long. It’s possible for a business to be started by an unusual entrepreneur, but without great management in place, the whole business can easily fall apart!

BUSINESS HEALTH CHECKUP: 7 Warning Signs Of A Dying Business. Every dying business sends out certain warning signs before the eventual collapse. The death of a business is not as sudden as many tend to assume. Just as there is no such thing as overnight business growth, there is no such thing as overnight business collapse.

Business DNA: Why Your Company’s Success Desperately Depends On It! The DNA of a business determines what kind of a company it will be, the basis of its operations and its outcomes. It gives the broad picture of what the business will look like, what will guide its actions and what type of goals it will seek to achieve. They represent the soul of the business, what enables the company to function as a unique living entity.

All entrepreneurs create businesses.
But all entrepreneurs are not created equal.
Ever wondered what separates great entrepreneurs from mediocre ones? Ever wondered what makes entrepreneurs like Richard Branson of Virgin, Oprah Winfrey, Jeff Bezos of Amazon, Sam Walton of Wal-Mart, Tony Tsei of Zappos and the legendary Steve Jobs of Apple extra-ordinary?

There are certain “must have” pillars that are crucial to the success of every business. This is a matter of fact. When these fundamental pillars are lacking in any business, success is often unattainable. Identifying and applying them to your business, is what this unusual article is all about. For your guaranteed success in business, you must have a purpose that is completely focused on satisfying the customers by creating unique and useful products or services that meet their needs and solves their problems.