Management by Objectives Increases Effectiveness

What does it mean to be a manager? While the skills to be an effective manager are many and the exact mix of skills necessary will vary from job to job and sector to sector, most writers on business and management agree that successful management involves the planning, organising, leading and controlling of resources, including personnel, to efficiently and effectively achieve organisational aims.

If you do any of these things, then you are a manager, whether or not the word “manager” appears in your official job title. However, many managers, especially ones new in the role, don’t feel well-prepared for the job and consequently, need advice and guidance in how to begin to fulfill their new role in a way that is effective and satisfies the requirements of superiors.

Know that, although there are no absolute measures of managerial effectiveness, nevertheless there is broad agreement that when a manager satisfies the aims and goals of the organisation he or she works for, effectiveness has been achieved. The problem is in defining exactly what these aims and goals are and then laying out a format of standard operating procedures that managers can follow to become more effective in achieving them.

One such way is the KPI, or Key Performance Indicator, a well-known approach where the job requirements of a management role are specified in a list of qualities, skills and outcomes written down on paper, with important ones subdivided into smaller subgoals with a numerical target attached, such as number of units sold, percentage increase achieved or number of times completed in order for the manager’s performance to be deemed satisfactory.

In particular, one of the most famous versions of the KPI solution is the “Management by Objectives” approach of Peter Drucker, the renowned writer on management issues. This is where the aims and goals of the organisation are arranged and presented as “Objectives” that must be fulfilled and then managers are evaluated on how well they contributed to the achievement of those objectives.

The downside to this approach is that it is often very difficult to apply in the real-life workplace. Typically, many problems arise and a whole range of issues complicate the achievement of these objectives, which can sometimes suggest that the idea itself is not all that great. However, the general consensus in business is that it is felt to be a practical construct and a useful description of “how things ought to be done”, even if things do not actually always end up being done exactly as the model describes. So, despite its difficulty in application, Drucker’s Management by Objectives remains an excellent way to envisage the goals of an organisation and create a template of performance for managers to strive for, while also acting as a map that guides the organisation in the achievement of its aims and the development of its future business trajectory.

In addition, Drucker also delineates eight practices that all effective managers follow -

1/ They ask “what needs to be done”

2/ They ask “what is right for the enterprise”

3/ They develop action plans

4/ They take responsibility for decisions

5/ They take responsibility for communicating

6/ They focus on opportunities

7/ They run productive meetings

8/ They think and say “we” rather than “I”

These eight practices of effective managers can be grouped into 3 areas – the first two practices give them the knowledge they need to do their job; the next four allow them to change this knowledge into action; the last two make sure that the whole team or organisation is responsible and accountable (not just the individual manager).

So a commitment by organisations to implement, at least as a broad framework, Drucker’s Management by Objectives and a commitment by managers to perform the eight practices described above will lead to greater movement towards organisational goals and a marked increase in managerial effectiveness.

Why We Need a Mobile Small Business Portal Website for Future Entrepreneurs

It seems as manufacturing jobs have migrated to other countries and as retail jobs have been slowing due to online sales that more and more jobs are in the service business. Having participated in this sector during my career as an entrepreneur I noticed the need for consultants and advice. When starting a service business there is much to learn and more often than not, you cannot find it in an MBA class. So what is a start-up service entrepreneur to do, considering they will probably start by working out of their home and going to the client’s home or business to do the work?

Well, I believe we need better Portal Websites for exactly this purpose. If someone were to start an online resource like this, I’d sure be willing to help them out and I am sure other veteran service industry folks would also, think how many people formerly of the mobile service business are on LinkedIn? Maybe they can steer interested people to your Blog, writings or offerings – that is if you were to take up the cause and start such a website? Do you have a Mobile Business Portal website now? Do you run a mobile service business and think you could help others across the nation in your sector?

It seems mobile businesses need a lot of back-office stuff (accounting, scheduling, software, routing, incoming tele-marketing) and franchisors of mobile business models need franchise buyers. People getting out of the military are EXTREMELY SUITED towards mobile businesses being ‘take-action’ types and they follow business plans and business models, manuals and instructions well, making them more successful in Biz Ops, Franchises or start-up mobile businesses with the right set of instructions and network behind them?

Most start-up mobile businesses need help and funding, so a portal website could capitalize on these needs? Is that kind of what you are doing? Personally, I have many business plans for mobile businesses, and there are other places to find marking plans, so maybe all of these should be on one website?

Now then, currently, I am retired and not really promoting anything, although I do believe in mobile enterprises due to cost-structure and ROI, just as I like “Internet Businesses” and online retail, it just makes so much sense to me for so many reasons. I’ve put a lot of thought into this whole ‘mobile business” thing over the years, in hindsight of what I had done, and also with regards to all the experiences and success I’ve had doing it. I’d be happy to pass that information on to the next group of entrepreneurs, and I guarantee you, I am not alone.

It wouldn’t be hard for some smart entrepreneur to build such a resource for the millions of mobile business operators in America. Think on it.

Creative Business Advertising for Your Grand Opening

The key to a powerful grand opening is having a lot of people attend who are excited to hear about your product and can’t wait to finally have your company open for business to meet their needs and help solve their problems. In the months and weeks leading up to your company’s first day, as many people in your surrounding area as possible need to see your business name, understand where you are located, and what service you will be expertly providing. Here are some ways to build anticipation and excitement, and to spread the word throughout your local Florida community with creative advertising…

Particularly in Florida where so much time is spent outdoors all year long, one idea is to have a custom printed banner designed announcing your grand opening. A professional printing company can make a very clean, attractive, durable banner that can be made in any dimension and can be hung virtually anywhere. This is a great way to start on your brand marketing campaign.
And if the message you have printed on the banner does not use the words “grand opening”, it can be used over and over again in the future for many years of Florida outdoor advertising. While these types of banners hold up very well for quite a few years of use, they last even longer in Florida where they don’t have to contend with the ice and snow during the winter months. Months and years after your company’s first day has gone by, your custom banner can still be hauled out and strung up as a part of your on-going business advertising.
Another creative advertising idea for your grand opening is to use those same types of custom banners and take them with you out into your community. Set up a booth at Florida outdoor concerts, sporting events, neighborhood block parties, carnivals, parks, community centers, and other opportunities for outdoor business advertising. Anywhere your local community is, your custom banner needs to be.
Another creative advertising idea is to use vinyl window clings or car wraps. This is a constantly mobile business advertising technique that never requires asking permission to be put up. Most business owners prefer the window clings as they are cheaper to have made and leave no permanent mark on the car. This also means that it can be changed out to fit the brand marketing season of your company, beginning with announcing your grand opening party and then moving on to seasonal sales and other promotions. The most common issue with this type of Florida outdoor advertising is that the location of the company being promoted is not included. It may seem silly to have directions printed on a car, but if potential customers see your business name but don’t know where to find you, what good is it?
One final idea for some creative outdoor advertising is to always wear your business id/nametag whenever you are out in your local Florida community. Be sure it looks professional, is not cluttered with too much information, and is easy to read with some sort of catchy saying or slogan to make people curious.

How to Create a Brand Professional That People Want to Get Behind

Have more than a blog and a social media account.

In case you desire to generate a significant impact as a business online, having a blog and a social media account is definitely not enough. What is crucial is to be aware that there has to be a brand behind that blog and social media account. There have to be something that make people feel is a whole, not just a bunch of posts and comments that are not tied together. Having a logo doesn’t automatically makes your site a brand. To have a real brand you have to comprehend what’s behind all the text you can write, it’s like the essence that is deep of your whole platform, it is that little something that makes it special. Once you have a brand you’ll have fans, in order to achieve that you need to create yourself and image, that image you create needs to get exposure.

When can you conclude you have a brand.

You may ask yourself, if I have my site logo, and it doesn’t is the brand, then what is it? Something is pretty obvious, a brand without a name is not a brand. When you register your company you give it a name right? That name will be your online site’s name at the same time. The big company Google, says, that brands are more successful at SEO nowadays, at the same time from the user’s perspective sites with brands can be seen as even more professional than sites with no brands defined. A good example for this: if you call your site “Sports World”, it will work much better than just calling it “Sports Articles”.

Visual language of your brand.

Something that is also very important in this concept is having “visual language” in your site. After your logo has been created, the next step is selecting the colors and also images that relate to your business brand and are the basis of your brand’s logo. At the moment you have all these elements, you have to combine them into everything else you develop to your site. For example if your logo has the colors black, brown and gray, then your website needs to use these colors, same for your social media accounts, it’s about expanding your visuals to everything that you create from now on for your business.

Your Mission Statement.

So, the work doesn’t end there. Now you need to be able to create what is called as “The Mission Statement”. This is the more important aspect of your brand. Some experts say this mission statement is what to need to be defined first. “The Mission Statement” is just a short paragraph that explains what is your business about. Basically what you do and the reason behind it. This includes the goal you have, the vision and also the commitment you put to make it works. After you define this, you’ll have a better vision of what your business is about and based on that you’ll get the inspiration you need to create the elements of your business, the logo and the name are a couple of them. At this point you made your business name and your logo stand for something, thus now people can stand behind you and your business.