Management Tips & Tricks
Why tricks ?
Well, because I believe many of these thoughts are going to elicit the reaction – “that is no brainer”. Precisely the kind of reaction one would have when a magician’s methods are revealed.
But honestly, I am facing writer’s block. The thoughts are swirling in my head and I can form the sentences in my mind, but when I start typing, they seem to disappear into thin air. I am trusting that if I keep up these introductory posts, the rest of it will follow 🙂
Here are some thoughts I hope to build on in the coming days, weeks, months :
– Being approximately right is much better than being accurately wrong
– Matter can neither be created nor destroyed. This is applicable to far more areas than physics. It applies to your business too in terms of sales, profits, customers, etc.
– A corollary to the above is that business is a zero+ sum game. There is the + in all business, but that does not come easy.
Well, that is a start … And something to continue building on
March 4th, 2009 at 12:03 pm
Would you say that the current economic crisis is bringing us “back to basics” ?
In the sense that there are simple, well publicised “rules” for running a business (generating cashflow, increasing order intake, not running down profits for the sake of sales, etc) and the companies that follow these rules will tend to perform better in tough times.
Is it not the same with leaders ? The business bestsellers, “Good to Great” and “Built to Last”, talk about leaders who stick to the basics, drive business performance and lead from the front with great humility. Are these not the leaders that will succeed in the current times ?