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You must be creative and expert in the area of your business.
To be successful boss and manage busiess with less cost, one has to be so much accommodative to the the subordinates, have listening ears and treat them as if the business venture is their family enterprise. With this they will have a sense of belonging and put their best efforts in realization of organization objective. He should strive hard to iculcate the spirit of participatory management of the affairs of the organization.
Thanx I respect every answer I get..They all helfull :)
Increase cash inflow, control the expenses and give time to the lower line
You have to be an expert in project management
Dear Breezy, if you could better explain the kind of work/business the Boss deals with and the number of people/projects the Boss manages, I guess the ambiguity can be avoided.
A simple rule to successfully run of every business is to reduce capital and operating cost and increase in sales on net basis.
• Principle One: Directly Observe Work as Activities, Connections, and Flows
• Principle Two: Systematic Waste Elimination
• Principle Three: Establish High Agreement of What and How
• Principle Four: Systematic Problem Solving
• Principle Five: Create a Learning Organization
