Alec Blacklaw, leading Strategic Advisor to business owners, shares 5 top tips that leading businesses employ to enjoy and maintain their success.
It starts with a dream. A passion to improve the outcomes for people. A product, a service, an idea that will make sure that people get a better result or experience.
Once the dream evolves and takes shape flesh out the vision and alternate strategies to achieve the big picture. Understand the structure that will be required, designing the culture of the organisation to allow it to differentiate and engage with the target audience. You need to stand out.
Take action and put in place the critical success factors for the business. Talking only gets you so far; time for the rubber to hit the road.
Measure and manage the important things on a regular basis to make sure you are on track. Watch the trends, the dashboard and take corrective action quickly.
Understand and manage your cash flow. Reward your people for excellent performance.
Always look to improve on what you are doing . One step at a time. Engage . Dont rest on your achievements – continue to invest in yourself, your people, your products and services , your brand.
Sharpening the saw every day and week . It’s a journey not a destination.