Greatmindbuz

  Business strategy The strategy defines the long term goals of the business. Strategic management provides overall direction to the enterprise. It is the identification of the purpose of the organization and the plans and tactics required to achieve the defined strategy. According to Wikipedia, Strategic management defines the major initiatives taken by a company’s top management on behalf of owners, involving resources and performance in internal and external environments. It includes specifying the mission, vision and objectives and developing policies and plans designed to achieve these objectives, and allocating resources to implement the policies and plans, projects and programs. Strategic management is an ongoing process that evaluates and controls the business in which the company is involved. It used to be the case that businesses had a one year plan, including a budget, a five year plan and a ten year plan .These defined the medium and long term goals of the company and w...

  Topic:  Successful entrepreneurs tend to have certain behaviours;- Personal They accept responsibility for their actions. They do not rely on others to take decisions for them, or to make their ideas work. If they have a Vision, they, and only they, can implement it. They have a can-do approach, to business and to life. They often create a culture around them of likeminded people They don’t prevaricate, they face facts, (having checked their accuracy) accept them, and deal with them. They accept failure with the same attitude-they just dust themselves off and move on. And learn lessons from it. They have passion and belief in what they are doing. They don’t procrastinate, they have an idea, a vision, and they grasp the opportunity They are always alert to new opportunities They see problems as opportunities They set themselves deadlines, sometimes audacious ones! And they are not perfectionists. They launch on the deadline with what they’ve got and accept they may have to fu...

      Topic:  How To Orientate Yourself In a new Role You should have a formal induction covering all the immediate practical  information you need. If not, ask for information such as “What is the fire drill procedure”, “where can I get lunch”, “what about car parking”? Get passwords and login details for email and any other systems you need to access. Make a note of them! It is useful to have a small, pocket or handbag sized notebook on you at this stage to note down things you need to remember, or follow up. Using one will probably massively improve your performance. Or else use the calendar and notes function in your phone or tablet -but do remember to follow up! You will probably have a meeting scheduled with your manager, where they will be able to provide guidance. If not, ask for one. If you are senior enough to have a secretary or assistant, then it would be reasonable to assume they will be able to guide you through a lot of  the difficulties you ...

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