023- Management Practices that Avoid Disasters

---

Too many business owners and operators focus on managing for normal everyday occurances without considering events that could cause real harm or alter the course of the business.

0:45  The goal of management is to insure that resources are coordinated so that the flow and efficiency of the business will be consistent and profitable.  Unfortuneately, many inexperiened or ineffective managers don't prepare for situations that could take the business way off course or damage the company financially.

1:15   How does the listener benefit?  (expand focus in terms of the listener)
This episode provides the listener (manager) with real situations to look out for and prepare to avoid or minimize so that major problems don't get out of control.  Learn to take more initative for finding weakness in your organization.
 
2:00   Discussion points: (8:00 mins)

1. Are you focused on the right areas (use of a dashboard)
2. Do you know what to look for that might be a future landmine?
3. Determining how to address potential 'ticking time bombs'

 
10:00 Tips for improving in this area or overcoming this problem: (7:00 mins)

1. Unexpected employee departure
2. Imbalance in client list
3. Letting your culture stagnate
4. Realization of lack of accountability

 
17:00 Final Take-aways: (2:00 mins) Problems that can happen, will happen at some point.  Will you be ready to solve them without loss to your business or enduring a setback that could have been prevented.  Part of great management is to stress test all your processes and people too bring potential weaknesses to the surface.
 
19:00 Closing comments: (show promotion, next episode, events, etc.)
Let's tee up the topic for the coming week.
 
20:00 Show ends