Defining your business’s core values is vital for its growth, expansion and success. Your company’s shape, vision and culture are all contingent upon rock-solid values, as is its overall architecture.
When starting a business, the most crucial element of your business model should be creating a core value system that will resound within your organization. Core values define where you are and where you want to go, what types of employees will be a good fit for the organization, and how these elements can work together for success, now and in the future. A core value system is an integral part of an Entrepreneurial Operating System, as it helps define the key components of your organization for management and progression.
The last ten years have been tumultuous for business. In 2005, how could anyone predict the next ten years? The good news is you don’t need to predict the future to set high quality goals.
Business execs once gathered in the boardroom; asking the secretary to keep the coffee flowing while holding all non-emergency calls.
With virtual meetings and video conferencing, executives get their own coffee and it doesn’t seem possible to get through a meeting without a host of trivial interruptions -- mostly digital in nature.
The average person checks their digital device once every six and a half minutes. We’re constantly on the phone, trying to get off the phone or waiting for the next call to come in. Our personal computing devices are the "third hand" our parents wished they had – holding calendars, phone books, important documents and photos – or viral videos of the precocious toddler singing the Twelve Days of Christmas backwards while standing on his head.
Good business strategy involves assessing all the components of your organization to see how each one fits into the overall goals and objectives. This also includes the people that work for your company. In addition to having a vision in place, the leadership team should have a core value structure that will establish the culture and shape the mindset of the entire organization to ensure you not only have the right people working for your company, but they are committed in helping drive its success.
As a leader in your organization, creating a culture of cohesiveness that will help move the company forward is a high priority. Although change is inevitable in every business setting, getting the leadership team on the same page can be challenging. Taking the strategic approach to get everyone working together towards the same goal is key. Effective business management is a process that needs an outlined approach for effective results. How can you accomplish this and get exactly what you want from your organization? Here are a few tips: