Powerful Executive Strategies
April 20, 2009 | jcme | Comments 0
One of the most important parts of your job as an executive is setting the tone for your company. More than anyone else, it’s up to you to determine what direction your company is going to go.
Just like you navigate your Mercedes-Benz through the streets of the city, so you must navigate your company to a bright future. Here are some proven strategies you should follow to do so:
- Forget the past. The past offers some valuable guidance, but don’t let it determine your destiny.
- Think globally. No domestic market is big enough to contain your dreams. As boundaries erode, make sure your business is ready.
- Make drastic changes when needed. Shake things up before you have a crisis. Don’t be afraid of drastic internal change.
- Rely on the power of information management. Make sure you’re wired, and that you have the structure of systems you need to be successful.
- Recognize and capitalize on your core competencies.
- Empower employees to make decisions, and to manage their own affairs.
- Redefine your quality standards. No matter how admirable things may be, they can always be improved.
- Look for shorter cycle times and quick decisions. Shorter cycles mean higher profits.
Filed Under: Weekly Corner
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