Today we start Discipline #3 on How You Professionalize the Business - specifically Leadership and Management. Our first show tahes the topic of Leadership and brings together centuries of research and application to a few simple rules you can follow. Everything to day and next week on Management are time tested.
PROFIT RADIO - "A Network of Entrepreneurs for Entrepreneurs"
We introduced the 5.15.80 Model at the beginning of the Season. It was a combination of research into small business performance and our practical experience from the last 2 decades. You could go to any area around the global with a market based economy and randomly select 1,000 companies, here is the distribution you would find: 5% or 50 companies that own their markets, 15% or 150 companies that are making money, and 80% or 800 companies that are barely surviving.
This series is about how to move from one level up and our concern in this series is the 80%, not how you get here - that story would be too ugly. The focus now is how to create a long-term future for the business and join the 15%.
LISTEN > ENGAGE > APPLY
We are going to cover the 3 methods of Professionalizing the Business required in the early stages to take it to the next level.
Disciplines to Date
Key Issues - Owner Perspective:
What You Need to Know
I spent several years running a leadership and management program for supervisors, managers, and executives. The following list is a summation of that experience and growing several companies as an executive. Once you have started developing your skills for the role, here are some rules for leading and managing.
What You Need to Do
Rules of Leadership - The Leading of People
Next Week - Part 2: Discipline 3 of 5.15.80: Professionalize Leadership & Management - Rules of Management
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