Reviewing Jim Collins no Morten Hansen’s book called, “great by choice” “Picture a successful player that he needs to practice, be ready to show his skills; follow coach’s instructions to be a star,” said Jim Collins no Morten Hansen to equip business people. Why did they write this book? To see why some companies thrive in uncertainty and others do not To see why some companies flourish during chaos What are they bringing to motivate business people? They quoted Amundsen saying, “Don’t wait until there is unexpected storm to discover that you need more strength and endurance.” In other words, you need to be equipped with knowledge, and be surrounded by people who know how to run business, so that when the storm comes it won’t wash away your business. You prepared all the time; it is difficult to get ready for ‘war’ when already it strikes. Knowledge about business you are doing equips you when you have to draw from deep reservoir strength. Even when the condition turns in your favour, you push harder. Affiliate with people who know how to be down and out and rise again Be aware of the following when you run a business It’s not only that leaders are risks takers, and have vision but are disciplined There is a belief that says, “Living in a fast world” always requires “fast decisions” is a good way to get killed. Companies that are doing well succeed because there are no unnecessary competition. Uncertainty, chaos and luck –why some thrive despite them all? What can you do to make your business run smoothly? Be creative, disciplined and respect yourself. Avoid disasters Choose carefully people you want to work with If it happens that your business sinks, don’t forget the one who picked you up. What destroys businesses? Lack of creativity Lack visionary Lack ambition Scared of taking risks Last word to business people Prepare yourself in time. pursue Don’t be hasty During the storm, make sure that your business does not fall behind or left to die Know about economy, the weakness and the strength of the rand. Know about the markets, and how to market your business Know about technology Don’t be clueless about politics, and the role politics play in businesses.
Posted on: Thu, 02 Oct 2014 05:42:50 +0000
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