One: Remain focused
Focus and purpose are essential in successful of business management. It can be hard to stay objective when closely tied to your business, because assumptions, habits and bias all get in the way of constructive decision-making. Two: Innovate These are great times to be thinking differently and looking for new ways to maximise company performance and to add value to your relationship with clients. Three: Embrace Change There is a competitive advantage in being able to adapt to change. Many SMEs are now looking to utilise technology as a means of workflow management, empowering customers and adding value to a relationship. Make sure you keep rebuilding your company and use all the new technology tools that make sense for your company. Four: Up-skill your team Seek to up-skill you talent so that they can bring more value to you and your clients. Select a development programme that offers clear links to ROI and provides a bespoke approach for your organisation. Five. Be clear about what value you bring to clients What makes customers buy from you? Are you unique? Would you survive if there was a carbon copy company out there? Make sure you keep the value proposition in the forefront. I read this paper recently and decided to try to share it - it arises out of an Economist Intelligence Unit survey which polled business decision-makers from North America, Western Europe and Asia-Pacific across a wide range of industries and company sizes.
The main findings were that:
Download the paper free here: http://graphics.eiu.com/upload/eb/Oracle_Decision_making_WEB_FINAL091202.pdf |
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