A strong foundation is a great asset when starting a business. Analysis of internal and external forces and the competition in particular are fundamentally important to business success. It is the first stage in developing and implementing a successful business strategy. Different strategies that may be adopted will become apparent in the process on the basis of these findings and a variety of planning styles will also present themselves. Making the most of the competitive advantages you have indentified is important and also working on and protecting reputation and image can make a big difference especially if you have to adopt a 'doing more with less' strategy.
Leadership that inspires and gives assurance through words and deeds and guards against complacency will make a deep impression. It should give relevance and meaning to things. Showing basic knowledge and skills and some meta-qualities and a basic disposition 'to do' co-operatively will impress staff rather than a distant top down autocratic style. An autocratic leader, or any kind, may be deposed and replaced given the opportunity. A good leader or founder will attract the people and other resources to establish something good.
No comments:
Post a Comment