Has a Negative Growth Effect on Business
= too close for comfort
you stifle the creativity of your associates through
micro-management practices then your company pays in lost
kills the spirit of your associates quicker than a boss or
supervisor standing over every move that needs to be made each
some space. Everyone needs breathing room. Donít spend your
day trying to see who you can catch goofing off at the water
cooler. Statistics indicate that all of us need a break from the
OF A PLAN
is one result of running your business without a plan. No one
has a clue so at best someone has to call every move. Failure to
share the vision means focus is missing.
your "Mom" used to say, there is unrest in the
"troops". The "Natives" are restless. Why?
No one understands the benefit. "Whatís In It For
Me" is always on our mind (WIIFM).
firms get into trouble because no one took the time to put a
business plan together. Verbal ideas "maybe" but it
takes a lot of time to put a full-blown business plan on paper.
Itís so easy just to run by the seat of your pants.
management is NOT a good idea for growth. Statistics indicate
that nine out of ten new businesses do not exist at the end of 5
years. Some are gone in 3 months while a few "hang" in
for 2 or 3 years before going "belly" up.
happens? Too often everyone is working IN the business rather
than working ON the business plan and itís implementation.
in business takes leadership. There will always be the need for
someone on the" white" horse. A LEADER! This person
seldom spends his/her time micro-managing anything.
of us have seen a committee work hard on a project that simply
got bogged down for lack of consensus.
on a committee run project you still need a leader. A person who
is respected for their leadership qualities and one who gets
consensus among his/her peers.
succeed, the company management has to give "room"
(time) to the project committee for it to have
"discussion" periods. To develop an investigative
review process. To make recommendations.
get input and suggestions for revision/change. To finalize the
Micro-manager faces a real challenge because of "turf"
control. Allowing others to make decisions and give in-put into
goal setting is foreign to him or her.
rise to the surface of the micro-manager. In many situations
their position can be in jeopardy. Few companies need a
Company wise enough to hire talented associates needs to be even
wiser in managing and sharing the vision. Paint with a wide
sweep and a far reaching brush. Give the BIG picture and let the
associates work out the details.
than micro-managing the business youíll spend executive time
working ON your business not IN your business. As a business
owner you are the VISIONARY. Goal setter. Pace setter. Buck
Monteith spent 32 years as co-owner of several franchises
and a personnel/staffing business. Every year, his firm
placed hundreds of job candidates in their dream job.