TO LEAD YOU MUST KNOW WHERE YOU ARE GOING
In the book
Alice- Would you tell
me, please, which way I ought to go from here?
Cat- That depends on
where you want to get to.
Cat- Then it doesn’t
mater which way you go.
Cat- Oh you’re sure to
do that if you only walk long enough.
That conversation is a most important business lesson. No business decision should be made unless
the goals have been defined, stated, and all participants informed. To make a profit, grow, not fail, etc. are
not goals that will gain the support of employees, venders, lenders, and the
advisors necessary to survive in today’s business environment. Just like
Many business owners/operators work hard and have great ideas. Still first year startups fail at 80% per year. The desire, resources, and energy are not enough. The control and management of these factors is what determines the success or failure to achieve the economic performance necessary to justify the investment of time, ideas, money, and resources. To manage and direct the resources available the entrepreneur must produce and communicate the goals. These goals are refined and modified as time and conditions change. This is the true measure of management skills.
Once a clear statement of goals has been produced and communicated the process becomes the solution of problems. The world is filled with smart people that can solve problems but do not want to risk. The business owner takes the risk and manages the resources to produce the goals and economic rewards. Leadership is simple if you know where you are going. Without a clearly defined goal the energies and resources are wasted in many directions. Leadership and management produce the focus for a team oriented efficient organization.
Ken Roys, CEO
BTF Management Consultants Inc
866-385-1900 Toll Free
713-983-7904 Fax
www.btfmanagement.com