Business Organization Strategy

6 replies
Can anyone give me proven organization strategies/methods in business?
#business #organization #strategy
  • Profile picture of the author VanessaB
    Google "J. Paul Getty". That would be a good place to start.

    Dani
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  • Profile picture of the author ddistco
    Read Jack Welch's book. HE turned around General Electric and created the largest profitable corporate profit after he took over the failing company
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    Mark Coble
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  • Profile picture of the author ddistco
    Jack welch and hos story on GE is proven and documented. His philosphy worked like a charm...
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    Mark Coble
    Skype: mark.coble
    Local Search Marketing Services
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  • Profile picture of the author e.calabio
    The organization strategies/methods I'm looking for is in the building a business area. Strategies/methods that will give a starting point in organizing my ideas, schedule, etc. I know the tools that can be used are the mind maps... How about the strategies/methods?
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  • Profile picture of the author TheWealthSquad
    Building a business is different than organizing a business. As your business grows it will go through phases so one answer won't be sufficient.

    Start up
    Cash Flow is king - Rule #1
    Rule #2 Always follow Rule #1
    Positive cash flow is the only thing that will allow you to survive and grow.

    Vision - The fundamental destiny of your efforts are determined by your vision. If you don't have one, you will flounder instead of racing to success. It doesn't have to be complicated. Southwest Airlines vision was created on the back of a napkin. Liberty Tax was the same way. Great companies start with a vision and build the rest around it.

    Strategies
    1) Always hire people who are better than you are. Don't let your ego get in the way. Surround yourself with people who will push your company to the highest it can go.
    2) Keep it simple - Develop a simple system. They don't break, require less people, and are more easily leveraged.
    3) Create a list of core principles. These are the one that you won't be able to sleep at night if you violate. Hire people who match them.
    4) Create value - if you create value for your clients you have a chance at long term success. Value is defined in their mind not yours.
    5) Market to people who see the value in your products. If you don't market it, you get no cash flow. See Rule #1

    Now that may not be what you are looking for. Those are fundamental principles that you can build a business own.

    Do some study on Lean systems, kaizen, six sigma. Continuous improvement needs to be in the culture you create to maintain long term success.

    Scale your system to as large as you want it but remember at each stage you may have to go through some learning pains. No company that starts in a garage ends up the same when it gets to Wall Street.
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