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How Not to Lose in Business

It’s back to business basics
As business changes and demands gets tougher, your business must still work and run on all four cylinders! Work well, work fast, work lean and produce results. You still need 11 players out on your football field, backed by coaches, management, sales, marketing, accounting, trainers, administration, and leadership. You can’t get it to work without all the parts necessary to run your team. Without all the required parts operating efficiently, you’ll eventually lose your business to your banker, suppliers, competitors, bonding company, or the creditors
Attempting desperate moves and eliminating people, managers and systems required to manage a successful business won t deliver the results you need to sustain your viable business. In today’s fast paced competitive environment, your old customer pipelines won t feed the profit machine and your old-school management techniques won’t work. ....

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Follow These 8 Must-Lead Processes to Achieve Your Business Goals

Image: Getty
When I think of Thomas Edison ruling out 9,999 ways to get a light bulb to work before arriving at the 10,000th one that did, I am reminded of the expression that genius is 1 percent inspiration and 99 percent perspiration.
The same concept applies to business strategy the idea of what a company should do to achieve rapid growth is the 1 percent. It s the 99 percent dubbed strategy execution that determines whether you achieve your ambitious growth goals.
In my 2019 book,
Scaling Your Startup, I wrote about the Seven Scaling Levers such as building growth trajectories, sustaining culture, and redefining job functions.
Until February 9, when I interviewed Mahesh Rajasekharan, CEO of Rockford, Illinois-based Cleo Communications a supply chain software as a service provider that counts Walmart and Amazon among its customers I had not seen such a comprehensive example of another key scaling lever: holding people accountable. ....

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