After involving in business for about 20 years, I just realized that this is the most crucial and important issue that need to be managed efficiently by all entrepreneurs.
Before this, my understanding was that in order to start the business, first we have to set the new business direction, a new vision and strategy for the company, and then finally to get people committed and adjusted according to this direction. This is found to be totally wrong. If you have a good and excellent business direction, the best strategy in the world but not the good quality team members, your business can only give benefits while you are managing the company yourself. Even at that time, you may start to feel the pain when some of the implementations were not done according to the standards that you have drawn out in detail. These things happen when the subordinate or you team members are not the right persons to take the tasks. When you give them facilities and flexibilities in order to facilitate the work, they use this for some other agendas and become addicted to it. There is no way for you to take it back....there will be the withdrawal syndrome (like taking out drugs from the drug addicts. See here).
There are two most important steps to be taken:
1. Get the right people.
2. Make sure they remain to be the same. Do not do something that will change them from Good to Bad.
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