Hi Vijay Mistri here.
So here is a question that I recently got
from an entrepreneur in Dubai.
And he asked me that the economy is getting
bad, Vijay, how can I grow my company during these tough times?
Now this is a common question which many organisations
globally have. Many businesses globally have.
And here are just some insights I want to
share with you. There are very many others but at present
I just want to share 3 key insights.
First and foremost, make sure that you have
the best-in-class team with you at all times.
Because here's the thing, If you have one
dragger or if you have one person who is dragging
the whole system in your business than you
need to weed that person out as I put it.
And why do you really need best-in-class team?
Is because your highest leverage, I believe
is your team.
That is where you will unleash maximum potential.
So, that is the first and foremost.
The second point which I would like to just
share with you is, re-evaluate what you are...
As we prepare to move into the year 2020, many challenges surface due to the uncertainties. At the same time, we must not forget the opportunities we have at present.
In this video, I share 5 value drivers leading to becoming a highly successful entrepreneur. These are only a handful out of a list of drivers but can make an impact to the growth of a business.
1) Segregation: Having core distinctions between macro and micro drivers is critical for any size of business. Ensuring that every 4 to 6 weeks, entrepreneurs step back to link long term to short term will result in more clarity and thought leadership.
2) Tick Tock: Highly successful entrepreneurs use their time sparingly. They avoid distractions and irrelevant meetings and discussions. These entrepreneurs have laser sharp focus on the leverage drivers and delegate effectively. As we move into 2020, new activities, new opportunities and challenges will unfold. You have to be extremely careful where you spend your time.
As we keep facing disruptions and uncertainties, change is now a constant. To achieve leadership excellence, a shift in mindset and actions is vital. I have observed many companies fail due to lack of sound leadership skills. On the other hand, I have seen companies which grow due to a few habits and discipline leaders demonstrate in their day to day activities.
The purpose of this article is to enable you to move to a higher platform which will impact effectiveness and growth.
Step Back: Leaders need to step back and observe what is happening. There was a retreat I facilitated for a mid-sized service company. The retreat was for owners, executives, and the management team. Over a two-day period, each leader was given time to simply reflect, observe and share their perception. After the first day, the whole group was energised as new insights started emerging. This whole experience resulted in new approaches at board and management level. While execution is vital to forge...
Game changing insights enabling you to achieve standards of excellence in everything you do