Thoughts of the Day

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Thoughts of the day   An Offer from Anne Rolfe: Mentoring Works – Mentoring News 6 Ways to Mentor Your Team for Productivity Would your team answer “yes” to these questions? If not, start mentoring them so they do. We have a clear and compelling purpose. There is a reason to work together. We have a common goal, whether it is the solution to a particular problem, a challenge to be overcome or a contribution we make. Our mission inspires and appeals to our individual values. We know what success looks like. There are specific things that are measured to show how how we are tracking. Outcomes are defined and measured and we can see the results, daily, weekly or at least monthly. We know what’s expected of us. Each of us knows our role. We are clear about what to do and why it’s important. Procedures are important, but we understand it’s about the outcomes rather than the process, so we can take the initiative to solve a problem or get the result. Standards of performance are clear so we can see whether we are meeting them or not. We get individual guidance. Praise and recognition for a job well (more…)

The Power of Vision.

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The Power of Vision is what serves several purposes in an organisation. First and foremost, it captures the organisations future intent. In other words, it paints a picture of what the company intends to become, not what it is today. This topic has been written about by Authors, Songwriters and Preachers so it is not new. The Power of Vision by Joel Barker – Star Thrower Distribution.   Myles Munroe: ‘The Power of Vision’   The Power Of A Vision – Jesus Culture, Power of a Vision | Leaders Living Life Fully – Eternal Leadership The Power of Vision | A Sermon | Pastor Taiwo Kayode — House On … A Common red line through just the few I have highlighted here. A vision should stand the test of time and perpetuate the enterprise over a long period of time. A vision can serve a multiple of purposes: A vision bonds. Companies are populated with individuals possessing a diversity of skills, languages, cultures and personalities. A vision can give people a common cause and direct their energies towards a unifying goal. A vision inspires. Although corporations measure their progress over time with numbers – growth, profits, or both- numbers do (more…)

IN THE NEWS

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IN THE NEWS SAY OF THE DAY “All life is an experiment. The more experiments you make the better.” – Ralph Waldo Emerson    5 Ways to Start a Business Part-Time While Holding a Day Job Full-Time. 5 Ways to Start a Business Part-Time While Holding a Day Job Full-TimeYou know you want to start a business, but you can’t shake those financial pressures – rent or a mortgage, a car payment and maybe you have kids. Even young people have responsibilities after all. But tack on the fact your business idea will surely take time to catch on, and starting up can seem even further out of reach. You are a perfect candidate to become a part-time entrepreneur. While not ideal for every young trep – jumping head first into the start-up pool can be a preferred route – getting the business up and running before letting go of a regular paycheck may be the best course. Here are six ways to make the transition into entrepreneurship a smooth one: 1. Find balance. Of course, this is what being a part-time entrepreneur is all about. Can you start up and maintain your commitment to your full-time responsibilities? If you get (more…)

BSC Designer

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Use the reasonably priced BSC Designer to Create Professional Scorecard with an Online Wizard Answer simple questions – build a professional strategy map in 6 minutes. Designing a strategy scorecard for the first time might be complicated. With a new Strategy Scorecard Wizard, one can create a balanced scorecard by following a few simple steps. The whole process is intuitive and doesn’t require any special expertise. The wizard will ask about your: • Business goals, • Performance metrics, • Initiatives and will compile them together on the scorecard. In the end, you will be able to save the results of the Wizard into your account at webbsc.com, or create a new one. Once the balanced scorecard is in your account, you can customize it further according to your needs, export to an Excel spreadsheet, or export strategy map as a picture. Learn more about Strategy Map Wizard. BSC Designer If you need help with this, please contact us. Contact us Now for a special offer Contact Us [contact-form-7 404 "Not Found"] Share this:FacebookLinkedInTwitterGoogleSkypeLike this:Like Loading... (more…)

Different Types of Business Strategies

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Different Types of Business Strategies are available to any startup or a business. Basic Approach to Strategic Planning A critical review of past performance by the owners and management of a business and the preparation of a plan beyond normal budgetary horizons require a certain attitude of mind and predisposition. Some essential points which should to be observed during the review and planning process include the following: Relate to the medium term i.e. 2/4 years Be undertaken by owners/directors Focus on matters of strategic importance Be separated from day-to-day work Be realistic, detached and critical Distinguish between cause and effect Be reviewed periodically Be written down. As the precursor to developing a strategic plan, it is desirable to clearly identify the current status, objectives and strategies of an existing business or the latest thinking in respect of a new venture. Correctly defined, these can be used as the basis for a critical examination to probe existing or perceived Strengths, Weaknesses, Threats and Opportunities. This then leads to strategy development covering the following issues discussed in more detail below: Vision Mission Values Objectives Strategies Goals Programs Strategic statements can be defined as broad indicators of the direction(s) in which a business (more…)