Step #1: Organize With The 4 Cornerstones of Business
Each business has its own unique story. But one thing that all small business owners have in common is the need to wrap their hands around the total enterprise: where it is, where it’s going, and how to get there. One effective way to accomplish this is to think of the four cornerstones of a small business:
1. People
2. Management Process
3. Assets & Resources
4. Money
People refers to having the right person in the right place. This cornerstone includes a consideration of leadership development, staff training, and all the skills involved in interviewing and evaluation.
Management Process refers to effective decision-making and taking action. Included in this cornerstone are business strategy and creating a motivating environment.
Assets & Resources, beyond plant and equipment, includes such intangibles as corporate competencies, brand image, and databases.
Money, from the standpoint of general business consulting, refers to how it is allocated and the return calculated in such areas as media, presentation materials, web development, content generation, as well as salaries.
Though simple, this four cornerstone approach is far from simplistic, and provides a user-friendly framework to managing the small business.
Step #2: Grow With The 3 Action Steps
1. Identify necessary knowledge, skills, experience, people, and disciplines.
2. Acquire these growth components.
3. Manage your investment in growth components into profit-producing assets.
Step #3: Manage With The 3 Disciplines
1. Strategy
2. Measurement
3. Experimentation
Step #4: Accelerate With The 3 Processes For Growth
1. Consulting: Consulting is a fancy name for business assistance. Are consulting services right for your business? Call now for a free consultation.
2. Project Management:Project management takes on many forms, and depends upon specific objectives. Have a project in mind? Call us and let us suggest an approach.
3. Training:Training is at the core of building an organization of excellence. Discover the benefits of training.