The majority of entrepreneurs are not great business managers, and as their baby grows and especially if it is growing rapidly, the business will need to establish its first management team.
As this management team will lay the foundations for the future success of the business, it is important that the right choices are made, and the right functions are put in place to complement the entrepreneur's strengths and support their vision for the business.
This excellent article, discusses the importance of establishing a management team as early as possible, and it identifies the key roles that usually need to be filled so that the company has a sound management team to guide future growth.
For IT Project success, senior management support should be on every project manager’s list of critical factors. In my experience, (New post: Why Senior Management Support is a Must for IT Project Success?
[ For practical reasons, I decided to integrate the contributions of this topic in: "Business know-how" - 01-27-2012 ]
Networking is about meeting and building relationships with people for a purpose. It’s that last part that counts in the definition, the purposeful part. Otherwise we’re all just socializing, which is what much of it amounts to anyway because if you don’t know your purpose, it’s pretty difficult to achieve it.
That’s fine if you just enjoy socializing for the sake of socializing (and, actually, the best social networkers are people like that usually). However, if you’re spending marketing dollars and the prosperity of your business depends on the success of your social networking, you’d better do a bit more than socialize.
1. The Question You’d Better Answer First Why are you interested in social networking? To build your business? How, exactly?Do you sell online or just promote online? Are you locally, nationally, or internationally focused? Do you want people to talk about your business online, share your links, spread the word about you, learn more about you, recommend you, sign up for a program, get a free sample, get your e-newsletter, read your blog, interact with you, ask questions, get a membership, order a product, pay for a service, refer you to their friends?
The world of work is changing faster now than at any point in history. And executive education needs to develop at exactly the same dizzy pace to keep up. So how is the business school experience being reshaped?