Knowing where you want to take your business is important if you want it to succeed. It's easy to get bogged down in the day-to-day running of things and neglect your business plan. Use these ten steps as a prompt to review your goals.
- Review your business plan - Regular assessment of your business plan enables you to measure your progress and test your development strategy. Are you achieving your goals? Are you using your strengths to make the most of your opportunities? Reconsider where you want to be this time next year and decide how you'll get there.
With Enterprise Change Management, effectively managing the people side of change becomes more than a business practice; it becomes a core competency, competitive differentiator and cultural value of the organization.
In evaluating current change management maturity, there are five key areas to consider:
- Leadership: What is the current level of leadership support for change management?
- Application: How broadly and effectively are change management processes and tools being applied on the projects and initiatives in your organization?
The Council approved yesterday the informal agreement reached with the European Parliament on a regulation on mutual recognition of protection measures taken in civil matters upon request of the person at risk.
On the basis of this agreement, the European Parliament will proceed to a plenary vote on the proposal in a few weeks’ time and the Council will adopt the proposal soon after the European Parliament's vote.
Once formally adopted, the regulation will enter into force on the twentieth day following that of its publication in the Official Journal and shall apply from 11 January 2015.
There is a quiet leadership revolution going on, a shift in the
definition of success from “what” to “how.” In times of major change,
the underdog has a strategic opportunity to end up on top. In this
revolution, the women-in-leadership underdogs have a unique opportunity
to capitalize on it and use it to define our leadership careers – to
play a leadership role in the revolution, so to speak – or miss our
chance at squeezing out from under the dominant culture that keeps women
and men (both!
Transformational leaders exercise power differently from transactional leaders. Transactional leaders tend to use sources of positional power (their ability to reward and punish based on their positions). This is based on having power, a strong position in the hierarchy. Transformational leaders tend to use personal power (ability to inspire and motivate). This is what is seen as being powerful.
The pace of change in human behavior and paradigms isn’t keeping up
with the technology and connectivity changes we’re seeing.
The success of a business can be traced back to its
leaders. Edwin H. Friedman said,"Leadership can be thought of as a
capacity to define oneself to others in a way that clarifies and expands a
vision of the future."
It is important to recognize the positive and
effective attributes in each leader, but it is also important to be aware
of obstacles that may be looming in the distance.
Successful leadershipdevelops over time, and can only be improved when business leaders know how to
diagnose and treat leadership inhibitors.
Good ideas are essential for innovation, but they are not enough on their own. Successful innovation isn't just about creating something new - it means delivering the new product or service in the right way.
1) Discover inflection points. A positive inflection point is a game changer that has the power to propel you forward. Expert innovators are able to sense the potential in inflection points before they take place, and then ride these dramatic shifts toward four strategic targets: growing your base, increasing the offerings your customers buy, generating loyalty, and moving you up-market.
1. Know your personal brand.Entrepreneurs must interact effectively with others. Successful
entrepreneurs know themselves well and can perceive others accurately.
Having strong talent in this domain
enables entrepreneurs to connect and interact with employees, customers,
suppliers, and investors in a way that results in positive business outcomes.
This demand is relevant when the business is established and entrepreneurs are
likely to conduct negotiations, influence others, and motivate employees.
Embed sustainability into your management processes will deliver improved ROI and generate new business.
Sustainability is changing how
businesses work and compete. Many leading companies realise that an innovative
CSR strategy, aligned with goals and resources, delivers a competitive edge.
This competitive edge has seen many companies increase their ROI plus realise
and take advantage of opportunities in new markets.
How you can achieve all these
successes for your company:
- Taking a
piece-meal approach rather than extending
the program across the entire organization.
quality improvement efforts to one area
such as production, excluding other areas like accounting, personnel or
business as usual - announcing a quality
program but failing to follow up on the commitment and remaining focused
on cost reductions and production volumes.
changes in reward (compensation)
resulting in behavior that is contradictory to the quality effort.