Management Archives - Page 10 of 10 -

Management

business systemisation

Systemisation – How and when to get the maximum benefit

Michael Gerber, the famous author of the E-Myth books, talks about identifying what needs to be done, testing it to determine the results, and then breaking it down into tasks so simple, that almost anyone can do it. You then systemise and document it so that the business can be effectively operated by anyone on …

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needs a board of directors

Why every business needs a board of directors

The role of the Board of Directors is to represent the shareholders’ interests in the day-to-day affairs of the company. In major organisations, the diverse backgrounds of the board members would provide a breadth of experience in all areas of business to advise the CEO and ensure company decisions are geared towards achieving strategic objectives. …

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business lesson

Business Lesson: Its not what you know. It’s the Application of it that counts.

Cultures around the world generally respect their elders, as they have a wealth of wisdom acquired through their life experiences which can serve as a great business lesson. There are many things that we can learn from them, especially the lessons that they have already gone through, in the hope that we don’t make the same …

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growing existing business

The secret of growing your existing business – look for ways to do things better

I have had the privilege of working with many businesses across a range of industries, all with growth in mind. From time to time I get asked to summarise my observations on what would make a business successful and what can help with growing existing business. After the umpteenth time of being asked, I decided …

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Outsourcing: To Outsource Or Not To Outsource?

The current global economic conditions have compelled the majority of business owners to cut into their budgets. The big question has become ‘how to make fewer dollars go further?’ The most recent data releases, however, show that employers are not letting people go in droves: that would be counter-productive.  More strategic choices are called for …

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grow your business

Tips To Grow Your Business

The ability to grow your business without limits is called scalability. In the traditional bricks and mortar business, this usually meant more staff, more physical resources, and expansion via geographic, physical expansion. Here are some ways to grow your business without investing in bricks and mortar or more people and infrastructure. 1. Viral online marketing One …

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empowered team

Creating An Empowered Team

Are you a team player? That is a question you often hear corporate business managers asking their staff or team leaders. But the question should be directed at the entrepreneur and small business owner also. In fact, it may be the first question a business coach will ask when working with a small business owner.

Empowering Your Team

Empowering Your Team

It is important to understand that a well chosen team of employees forms an important nucleus for the organisation. A business that is earning a profit without empowering team members has untapped powerhouse potential. Get the right people on the team, give them the tools they need to succeed and the right to use those tools including decision-making authority, and the results can be simply astonishing. Unfortunately many small business owners don’t understand how to go about creating this ideal team and that is where business coaching can be so important.

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