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.