There are many misconceptions about management. Some would say that anyone can be a manager, others - that only someone who obtained a PhD could do a good job of it. Neither of these extremes is true and both statements are misleading.
Good management is about putting in place a good system of procedures and following them in your daily business life. Once you develop a healthy habit, it will become a second nature to you. A good management system should include a minimum set of procedures to insure the consistency of outcomes. It should feature the following:
- Strategy
- Commercial Management
- Marketing
- Operations Management
- Financial Management
- Accounting/bookkeeping
- Organisational Management
- Problem solving
- Personal develoment
Another aspect of management is often overlooked by a small business operator: when you are closely involved with your business on a daily basis, your perspective becomes quite limited, whereas the routine reigns supreme. After a certain time, your business becomes stale and starts losing ground to competition. And you, as a business owner, wouldn't be able to see what is wrong with it. After all, you are doing everything the same way as before and it used to work.
It is important to get feedback from someone outside of your business. A fresh eye will pick up issues that are not obvious when looking at them from within. Our engagement usually involves a brief audit of your business that allows us to identify areas of improvement. Based on the audit results we put on the table a plan of actions for you to consider. Once you agree to it, we develop and put systems and procedures in place and work with you to make it easy for you to adopt them on a daily basis.