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Digg it UP - What Business Are You In?
Business Success: Luck or Hard Work? of his time developing his people while most executives spend 25% or less time.A very large percentage of businesses fail within a few years of opening. A lot of websites on the internet have been abandoned and can be considered failures. When people fail at things the first thing the look at is how hard they worked. If someone fails at so 2. Walk the talk. Employees often hear executives talking the talk, but these very same executives fail to apply this talk to their daily behavior. Does Your Income Reflect Your Effort? “What business are you in?” This is common question heard from local chambers to networking events throughout the country. Standard replies include manufacturing, production, retail, sales or professional services.The one thing almost all the women I meet have in common is that they are too smart for their own good! This is probably true for you, too!If you have great ideas all the time and are very passionate about what you do, and you can never seem to get every However, even though most companies’ successes are the result of their employees’ efforts, employees are not considered part of the business. The focus is the outcomes of their efforts and not the individuals producing those very same outcomes. In the Spring of 2001, Jack Welch, now retired CEO and President of General Electric (GE) stated that GE was “in the people development business.” By focusing on developing the potential of each employee, Welsh believed the outcome was a stronger, more creative and higher performing company. If you wish for your company to become a “people development business,” the following suggestions may assist you. 1. Spend more time in people development. Welch spent 75% of his time developing his people while most executives spend 25% or less time. 2. Walk the talk. Employees often hear executives talking the talk, but these very same executives fail to apply this talk to their daily behavior. Business Incorporation Explained hough most companies’ successes are the result of their employees’ efforts, employees are not considered part of the business. The focus is the outcomes of their efforts and not the individuals producing those very same outcomes.Business incorporation is a form of legal arrangement open to any business. There are advantages and disadvantages to the corporate form of business which is why you need to consult with your lawyer and accountant to determine if incorporation is the form that In the Spring of 2001, Jack Welch, now retired CEO and President of General Electric (GE) stated that GE was “in the people development business.” By focusing on developing the potential of each employee, Welsh believed the outcome was a stronger, more creative and higher performing company. If you wish for your company to become a “people development business,” the following suggestions may assist you. 1. Spend more time in people development. Welch spent 75% of his time developing his people while most executives spend 25% or less time. 2. Walk the talk. Employees often hear executives talking the talk, but these very same executives fail to apply this talk to their daily behavior. Sit Down Meals Or Buffet? n the Spring of 2001, Jack Welch, now retired CEO and President of General Electric (GE) stated that GE was “in the people development business.” By focusing on developing the potential of each employee, Welsh believed the outcome was a stronger, more creative and higher performing company.Christmas parties are a great time to get everyone together, and have a great time, imbibing massive amount of liquor, destroying piles of food, and dancing enough to kick up a storm. When it comes to setting the party up, there is the debate of whether to let t If you wish for your company to become a “people development business,” the following suggestions may assist you. 1. Spend more time in people development. Welch spent 75% of his time developing his people while most executives spend 25% or less time. 2. Walk the talk. Employees often hear executives talking the talk, but these very same executives fail to apply this talk to their daily behavior. Abandoning The Poverty Mentality Syndrome tronger, more creative and higher performing company.Copyright 2006 Dr. Eileen Silva“Conference calls are too expensive.” “I don’t have the money to attend the conference.” “I can’t afford to advertise.” “I’m not making the money John (or whoever) is making, so I’m not able to do X, Y, Z.”I’ve hear If you wish for your company to become a “people development business,” the following suggestions may assist you. 1. Spend more time in people development. Welch spent 75% of his time developing his people while most executives spend 25% or less time. 2. Walk the talk. Employees often hear executives talking the talk, but these very same executives fail to apply this talk to their daily behavior. Business Systems - Not Just For Big Business of his time developing his people while most executives spend 25% or less time.When I mention business systems to you, what comes to mind? Do you think of an IBM mainframe computer sitting in a big room in the middle of your building? Do you think of expensive, highly specialized software? That’s what many small business owners imagine. 2. Walk the talk. Employees often hear executives talking the talk, but these very same executives fail to apply this talk to their daily behavior. 3. Hire better. Look for employees who are better than you. If progress is your objective, why would you hire someone less intelligent and with less potential? 4. Create a culture that supports your employees. The entire organization needs to understand the expectations and feel comfortable in communicating new ideas to management. 5. Trim the non-performers with care. Without a fair evaluation process that is uniformly practiced, non-performers are detrimental to the organization and the other performing employees. Termination should be handled with care and support. 6. Ensure alignment of goals. If everyone within the company identifies the same top 3 organizational goals, then you understand the value of your people in helping you secure your vision through these goals or as the often heard phrase in today’s business world “Everyone is rowing in the same direction.”
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