Success by Talent
I am a massive fan of encouraging fresh thinking and innovative ideas. Only those businesses which encourage this mantra really grow sustainably, keeping up with the times and changes which, nowadays, are more rapid than they have ever been.
With this advent of technology going from the " something to think about" to " we must have" in taking transformational business forward, you should also compliment with people who understand it but more importantly know how to use it!
This means being able to put into the context of business value and business impact. The mindset to consider technology in terms of :
How ....
will it get me ahead of competition?
will it reduce cost to serve?
improve time to market?
extend my business hours?
extend my audience and trading environments?
improve brand profile?
increase payments and fulfilment?
enhance the customer experience?
If you are , shall we say politely "old school" then you too may be in catch up in how best to squeeze progress from the above. However an experienced head can converge business strategy with a younger more "technology age" head to create a compelling proposition.
The good old fundamentals of running the business with a fast moving, dynamic and visionary younger business head which not only understands business but also technology and social media platforms to achieve the above is indeed compelling. After all, they will be setting a strategy based on current and more up-to-date business understanding.
This is the talent to nurture, to cystrallize the dynamism with the strategic business head. A good leader will take such talent and challenge them to push harder and wll extend, in a practical managed fashion, extend the boundaries of their responsibility. It is of course important to give a level of free rein- enough to enable them to put ideas into play but with the ability to rein back where they need some guidance.
The faster you can mould such talent, the faster your business will achieve success in the points above. You have created the foundation for growth, now let the designers of tomorrow's business place go out and draw the landscape!
With this advent of technology going from the " something to think about" to " we must have" in taking transformational business forward, you should also compliment with people who understand it but more importantly know how to use it!
This means being able to put into the context of business value and business impact. The mindset to consider technology in terms of :
How ....
will it get me ahead of competition?
will it reduce cost to serve?
improve time to market?
extend my business hours?
extend my audience and trading environments?
improve brand profile?
increase payments and fulfilment?
enhance the customer experience?
If you are , shall we say politely "old school" then you too may be in catch up in how best to squeeze progress from the above. However an experienced head can converge business strategy with a younger more "technology age" head to create a compelling proposition.
The good old fundamentals of running the business with a fast moving, dynamic and visionary younger business head which not only understands business but also technology and social media platforms to achieve the above is indeed compelling. After all, they will be setting a strategy based on current and more up-to-date business understanding.
This is the talent to nurture, to cystrallize the dynamism with the strategic business head. A good leader will take such talent and challenge them to push harder and wll extend, in a practical managed fashion, extend the boundaries of their responsibility. It is of course important to give a level of free rein- enough to enable them to put ideas into play but with the ability to rein back where they need some guidance.
The faster you can mould such talent, the faster your business will achieve success in the points above. You have created the foundation for growth, now let the designers of tomorrow's business place go out and draw the landscape!
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