How can business best plan for growth and success in these tough economic times? Creatively tapping into the talent pool that exists due to the current economic times is an excellent first step. Business should also make better use of the experience and creativity of staff and even clients.
In general terms, a good business plan is a “must read” for all people involved with the company.The three most common audiences are your banker, your investors, and your staff — the people charged with executing it.
Changes in business practices can be a real challenge to Managers as they work with their employees to embrace the changes. Staff are often resistant to any change. Look for those who see your vision and embrace it — they will be your champions.
A business can either thrive or struggle based on how you utilize talent. Know how to analyze your employees to best match them with teams and responsibilities within the organization.
You should always assume your level of authority is out of balance with new work responsibilities, be it a situation encountered in a new position or a new project.