Many times, you can greatly improve your management practices by learning from other occupations. Today, we discuss how to manage your business like a pilot by focusing on 4 key elements of piloting a plane: planning, aviating, navigating and communicating. Each of these principles has application in the business environment so stick with us as we help you learn some new ways to address old management problems.
Twenty-five percent of all new managers today admit they are not ready to manage what they are responsible for. As a result, they struggle to gain respect, authority and demonstrate the ability to be effective in their role.
If you do too many tasks and work at the grass roots level, you are working in your business. Successful owners learn to work on their business by incorporating specific leadership and management techniques to optimize their own resources and free themselves up to be more strategic.
Financial management is an important part of every business operation. Understanding your own financial management needs and who best can handle them for your business is an equally important decision. In this episode, your Business Wingmen Steve Smith and Will Robertson interview the CEO of Ingenio Solutions, Jean Latu. Jean is an experienced accountant and CFO and explains the different roles and when you would need one vs the other.
With unemployment at an all-time low and outside hires generally costing more, business owners should begin developing their key employees to take on greater roles. When you promote from within, you are walking your talk about employees working hard and getting opportunities to advance. Few things will motivate the entire workforce more than seeing the best amoung them get promoted.
In this episode, we dive into the universal problem of focus and concentration as it relates to running and building your business. This is a worldwide epidemic and it's largely self induced! Businesses lose billions of dollars each year from lack of productivity, low energy, poor decision making and short attention spans all do to lack of focus. Listen in as Steve Smith and Will Robertson discuss ways to improve focus.
In this episode, your business wingmen interview Bill Black, the first certified exit planner in the US and the host of the Exit Coach Radio Show.
In today's episode, we take on the best ways to solve problems. Being a great problem solver is at the heart of being a successful entrepreneur. Elon Musk, Mark Zuckerberg and Richard Branson all consider themselves to be great problem solvers. Business owners, entrepreneurs, managers and executives face and deal with problems daily.