APRIL 20209Personal and professional integrity shape a leader's reliable nature which will help in building a team for a long runnesses to achieve higher revenues in future. If an organization grows, em-ployees also grow with it and vice versa and to achieve this, one should work with employees by un-derstanding their needs and show-ing appreciation. Practicing `Boss-ism' de-motivates and hurts self respect of the team. Never goof up with the com-mitments and facts as it leaves a lasting bad impression about the person; eventually affecting the organization.Mixing up several businesses can also prove detrimental. Adding multiple verticals in a short time might lead to a stagnant situation as it spreads out the resources too thinly for any growth to take place. Know How's from the Real Life Instance Every business is facing disruptions in today's dynamic digital economy and how one deals with these chal-lenges is determined by an individ-ual's skills leading to results unique to the said individual. Some tested strategies which are helpful are:Data management helps in de-livering immediate values and can help scale upwards and outwards towards the business growth. An-alytical processing of data reveals hidden facts which again highlight the importance of technology. Striking the right balance between stability and agility is essential and digital transformation will always power your organization. Review meetings and trainings are important and should be orga-nized at frequent intervals. Providing good environ-ment according to your business needs will always strengthen the work capability of your employ-ees and will clearly reflect in your balance sheet. Adapting creativity or hiring creative people will encourage your spark with added value ideas. As stated, innovation and tech-nology play an important role in this era. Ideas and finance alone do not guarantee success. Strategies for proper execution and imple-mentation are important factors for success. One of the best examples for this is "Google"This techno power house is known for its innovation and tech-nology with successful strategic thinking and implementation. Many IT organizations offer high salaries to their employees, but Google uses, in addition to salary, lifestyle strategies to sell potential employees on idea of work coupled with fun. With slides leading down-stairs to the cafeteria, free all-you-can-eat buffets, dog-friendly of-fices and quirky seating including boats, massage chairs, bean bags and ski gondolas, Google knows how to attract positive attention. Their strategy does not stop her as they provide their engineers with time to work on side projects. The innovative and creative ideas re-sulting from this 20 per cent of the engineers' time has yielded half of Google's new offerings annually.Conclusion - EO - Helping Entrepreneurs Transform the WorldEntrepreneurs are creators, creators of products that change our lives, creators of employment opportu-nities, creators of wealth and more. Entrepreneurs' Organization (EO) is non profit the exists for Entre-preneurs. At EO we are a universal community, with one language 'En-trepreneurship.' Being the only or-ganization exclusively for entrepre-neurs, every program and product we have built is designed for the 'En-trepreneur' More than twelve thou-sand members are here to support you through peer to peer learning. EO is your instant connect to twelve thousand different experiences, twelve thousand best practices to share and twelve thousand oppor-tunities to tap into. Every aspect of an entrepreneur's life is touched by EO programs. Learning is our bed-rock, we learn from the best in the world on topics of our choosing and in a way that's most impactful. We learn from speakers, workshops, peers, virtual libraries, direct expe-riences and more. EO Universities transformed not only how I think about business but my family and relationships. Personal responsibil-ity is my gift from our most coveted education program, the Global lead-ership Academy. I am personally so thankful for the once in lifetime experiences EO have given me; I could never have experienced them otherwise. Forum gives him his per-sonal board of advisors who under-stand him deeply and support him unconditionally without judgment. I joined EO to network and build a better business; it gave me back a whole new life.
<
Page 8 |
Page 10 >