Have you ever seen your CEO or owner walking to the delivery boy on the office door to receive the pizza and bring it back to his hard working team to gather them around for a pizza break?Have you ever seen your CEO walking towards his employees giving each of them hi-fis even on the smallest achievement? If yes, then you are working with the most amazing leader who has a vision to grow his idea into a business.
It is a very common observation that children below the age of five learn, grasp and imitate things very quickly. Even more common is that households having a five year old at home keep discussing the ability of the child to learn, grasp and imitate quickly. Sustaining such curiosity for knowledge, learning and grasping ability is very important while he/she grows older. Most successful people have achieved professional success only because they imbibed those skills into their routine and are never tired of learning new things. In other words traits like relentless thrust for knowledge, constant push for excellence and innovation are very common among successful business men in the country.
A business consultant is often perceived as an external party with no knowledge of the client's business, complicates simple issues and provides impractical solutions to a problem. This leads to most of the consultants' recommendations being overlooked without actual implementation. In this post, we would like to discuss how to benefit from a consultant's recommendations so as to ensure that the purpose of hiring a consultant is efficiently served.
It is a well accepted fact that identifying and retaining talent is the most critical aspect of a fast growing business. Having the right set of people with the right skills at the right time is important in executing a company's business plans and achieving scalability for product or service. However, it is equally important to realise that dealing with talent hiring and retention is no cakewalk for expanding businesses. Leaders need to be sensitive towards understanding the key challenges in building teams and develop strategies in overcoming the same. Some of these are highlighted here to help entrepreneurs and growing companies understand the issues that need to be tackled in building coherent teams.
Clear vision and ability to focus on the big picture are qualities that all CEOs must possess. Big picture approach will ensure that organizations are prepared to not only execute their plans in the short term but also focus on initiatives that contribute to long term growth and sustainability of business performance.
Well, it is a little difficult to answer when posed with this question, ‘Is old staff impediment to growth’? However, we will try to critically evaluate the arguments in favour of and against, to logically deduce a conclusion.
Small organizations usually possess distinct advantages when compared to their bigger counterparts such as simpler organization structures, hands on involvement of the business owner, faster decision making, flexibility to adapt to changes very quickly, ability to fulfil the demands of niche markets and highly motivated employees trying to satisfy customers' needs.