Wednesday, January 21, 2015

Are You in the Business of Business Management?


“Management is, above all, a practice where art, science, and craft meet” Henry Mintzberg, author, Managers, Not MBA’s -2004

The 21st century’s global marketplace asks every business manager to become an expert in every facet of the business arena.    The leader who makes it his or her business to manage business must underscore that fact when seeking to assemble the best team possible for any organization.  
Simply put, the man or woman who makes it their business to manage businesses must keep Mintzberg’s quote firmly in mind.  They must draw from every area of the business world, get the best talent, and then, for the most part, let their talent do what they do best.
Here are the three ingredients that lay a firm foundation for those who are in the business of business management.
1)      The Science  Driven Environment  
The secret to a science driven environment is employee engagement.  But, just knowing this secret won’t make it so.   Those who are in the trenches of business management need to set up clear strategic initiatives that create a success driven environment,  where the most talented employees are empowered to do what they do best.
The keys to the creation of this environment are planning, and clear and concise communication between managers and employees.   Studies show that the best way to develop this type of communication plan is to align the leadership goals of ownership teams with the talents and skills of the employees.    And to lay out readily available information for employees to source while making central decisions concerning customer relations, sales, production, research and development, and measurements.
The creation of a success driven environment is a little like writing the first business plan for a company with one huge difference.  The company has already taken off and there are measurable results, procedures, policies and competitors to review. 
This environment will excel under the review of those actions that are already a part of the business management model that has been constructed.  Review, reassess, and set forth new goals for the talent that is working for you to stretch towards.
2)      The Art of Preventing  Early Obstacles
 Empower your employees by supplying them with the tools they need to fulfill the mission of your company.     As was stated in the Science Driven Environment, review is a vital and necessary component when facing down obstacles that may stand in the way of the empowerment of employees.  
How does the business manager review the company processes, and help employees become engaged in the success of the company?  How does he motivate employees, who, upon review, are found to lack the crucial motivation that will enable them to bring forth their greatest talents?  How does he reduce employee sickness and reduce a culture of chaos into one of consistent high-quality service and increased productivity?
As successful business managers know, it all lies in the installation of third eye consultants who can objectify the processes of a business and remove or prevent these obstacles before they appear.

3)      Craft Every Positive or Negative Opportunity
The oversight of a business management team is a necessity when it comes to spotting high-priority opportunities.  These opportunities can come in either a positive or negative manner.  A positive opportunity can by highlighted by the talented employee who sees the demand for a niche product in their company arsenal and exploits that area.  The smart business manager gives that employee his head to create and develop.   He or she can provide an improvement strategy to bring this positive development to fruition.  
A negative input can turn into a positive area for growth in a company where a business manager has clear assessment processes, best practice models, systems, and benchmark performance mark-ups keyed into their everyday work life. 
What does it mean to craft every positive or negative opportunity?  It means exactly that.   Take those opportunities, and put them in a place where they are scrutinized, assessed, and led to growth.   Your cash tree will be filled and overflowing, and your employees will be engaged in a work-driven environment where they love to come to each and every





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