. my essential question is what factor most contributes to the effective management of a small corporation? my first answer is with effective communication departments will not misinterpret one another and will operate as one cohesive unit so that the corporation will be most profitable. in my mentor ship i witness a problem where i got to experience a real scenario with misunderstanding between an employee and my mentor in a job site where profit of 2,000 dollars were lost. communication also comes in with clientele, making sure that everyone is up to date with the job plan. but to first get the job, an article called
" successful business communication: it starts in the beginning" by Amy Anderson give three question when trying to sell a product.
1. Is what you want to talk about going to be painful?
2. How long is it going to take?
3. When you are done talking, what do you want from me?
my second answer is as a corporation organization must be evident through all departments in order to provide the best service. when it comes to organization every person and department. by person i mean the employees, they need to stay clean and organized so that they have all their equipment, know what plans are for what jobs, continue to the next task. by departments i mean for example in my mentor ship and their yard. having the equipment put in separate piles and on a place where you don't struggle to get if its used more. as for the office organization more in invoices, bills, accounts, employee payroll, suppliers files, expenses and revenue. in a article from clearly business, they assist with their way of organizing everything is programs on the computer while having a copy on a printed file.
my third and best answer is hiring people who have dedication, collaborate as a team, can be most profitable to the corporation. this is my best answer because in ties into the other two answers. having an the perfect employee who can communicate with other and stay organized, can increase their productivity leading to more profit in the future. in the book good to great, jim collins gives reason of great leadership, which allowed for the bigger corporation to make the leap of good to great. having dedication, allows for the boss to focus on other problems of the business knowing the task will be complete with out him being on top of them. as long as they get great with others no problems can be a result of this, also working producing more product. the employee is the what runs the company. having the right trust worthy, and has the same vision for the company helps improve the corporation.
. i don't have a main thing that really helped me make all my answers. it was evenly divided by my mentor-ship, and the research checks. as i progress in my mentor-ship, my mentor would explain to me some processes of his business. for example he stated that " to have a successful business, any business, you need the right team. people who you can give your trust, people who can finish what they started". i understood having the good people, it made sense, that where my research came into to play, in the book good to great in ch. 3 Jim Collins explains how paying an employee higher than others inst the answer, the answer is who you pay. an employee who has an educational and good amount of experience helps the leader focus on the financial section of his business. sin simpler words my mentor supports my research, and my research supports my mentor.
. my mentor has tough me some great things, brought me along in the life changing situation that Im not allowed to talk about, mainly for the security of his business. but he is a busy man. the struggle for me to get his interview was more difficult, not a big problem. was having trouble coming up with a eq that fit the general need for all the corporations. but found it easier to focus only on my corporation of construction
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