Showing posts with label Inc. Show all posts
Showing posts with label Inc. Show all posts

Tuesday, November 12, 2013

Structure for Growth


Structure for Growth at Inc

As the company, you might find a need for a structure and system.  But you might find this stifling to have a committee, to ask for bid, to come out with manual.  Before, you can decide alone or you do not need procedures and manual.  But system does make a company reduce cost and make all things scalable. Structure is no quick fix. Whether you’re creating a policy, procedure, or system, view it as an experiment. Put it in place, and then assess the results. As you system meets reality, you may need to tweak it--or throw it out completely and try something else.

Here as some mistakes that  you can make as you scale up:
Inconsistent implementation. Once you have something that works, make sure it’s used consistently throughout your organization. Be careful--employees may drift back to an old method or previous status quo.
Going overboard. Too much structure can be just as dangerous as not enough. Policies and procedures should not feel like a prison and reduce your employees’ ability to think. Strive for balance and be open to employee innovation.
Not looking back--or ahead. Periodically review policies and systems, and adjust them as your company grows. Ask yourself whether your structure still achieves what you need it to. Think about what your organization needs to look like in five years. Will your structure help you achieve that architecture?



Sunday, June 30, 2013

How to make things happen?

From Inc by Lews Mckewon | June 26, 2013

It is a typical story; a management team that once was laser focused on getting things done suddenly finds itself in dead water;  the motors and rotors are running but nothing gets moving or done.  What must it do to restore action and execution.

Be the third of person who make things happen (the first do not know what happens;  the second watches things happen - is a spectator only;  doesnt care.

l.  Separate planning and doing meetings.  The planners and visionaries might be ticked off by the doing thing.  Get the processors and the operators separately.

2.  Get a thing done.  Depart from the memo and discussion:  sign a PO, have  design, print the tarp, see sample brochure or product prototype.  Show something concrete that has taken place. Do not leave the room without action.  Call somebody who can get things done

3. Add accountability to the plan:  who will do it, when he will do it and submit results and what are the repercussions for non submission  Read more on getting things done

From mediocre to awesome customer experience - from Inc.

From Inc. by Kevin Daum | June 18, 2013

The aim of every marketing campaign, or MVP of products is to be unique and memorable;  from Seth Godin, to be a stand out.  To be remarkable, If you cant do it then you become ignoreable.  And as if you do not exist in the marketplace.

For the customer experience, you must be awesome.

How do you create awesomeness?

Three characteristic of awesome experience:  (PMM)

1  Positive

2. Meaningful

3.  Memorable

     How to make the experience memorable?:

    l.  Fulfill a need

   2.  Entertaining

   3.  Create the unexpected


Avoid business costly business mistakes - practice due diligence and commit contracts in writing

Let us promote entrepreneuralism

From Inc by Jean Bilik | June 20, 2013

Philippines   |  June 30, 2013

You are a start up entrepreneur;  your heart is on fire and your sales is on a roll and everything is positive.  You are  very positive and you come across all types of people who want to share your success;  some are real but some are street smart who are out to rip you apart.  (not just your pocket)

Jean, the CEO of Knock knock was bilked to the tune of $l.5 million by a mentor and a friend who brokered her manufacturing in China.  She did not watch her transaction with the friend close enough.  Some of her advice so that you will not be gypped:

l.  If it sounds too good to be true, well it is...

2.  Put all contracts into writing, make all conditions prices terms very clear in unmistakeable  terms and language;

3. Only the paranoid survive;  there are no friends

4.  Ask for original documentation (on line processing may be good but you can be fooled)  ask for original vouchers, invoice, deposit slips

Read more on avoiding business mistakes.>>>

Friday, December 7, 2012

Success Means Learning to Let Go



---------- Forwarded message ----------
From: Inc. Small Business Success <newsletters@inc.com>
Date: Tue, Dec 4, 2012 at 3:04 AM
Subject: Success Means Learning to Let Go





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