The big S’s, or, more explicitly – strategy, structure, skill, staff, system, style and shared value – form an important basis for businesses in any domain. When an entrepreneur, owner, or CEO ensures that each of those elements is rock solid, the business is guaranteed to run well. This slide deck can give you the tools necessary to review each one of those elements and make sure their integration is timely.
People are what make a company. Ensuring a robust organization model and well-trained staff is a guarantee to achieve great operations, innovations, and problem-solving. When everybody has a defined role and set of skills, the organization can work like a well-oiled machine with seamless processes.
A business with a robust sense of style, which can help both employees and customers identify with it, stimulate affective commitment and performs better than those who don’t have one. This goes past branding, encompassing elements such as culture and policies.
For-profit business can be blinded by money and operate in unethical ways, which can harm the society, environment and even the business itself. It is critical to establish a set of values that can help the business navigate through tough financial times and help in the making of decisions in sensible scenarios. It also has the impact of creating a positive image of the company as customers are more likely to buy and invest in an ethical company which benefits the world besides the services it provides.
Comprehensive frameworks are essential for both small and large businesses
Whether your company has 10 employees or 10,000 employees, adopt a framework that can ensure growth
Establish a long-term strategy
While day-to-day activities should focus on short term profits, establishing a long-term strategy can provide a good frame for future success
Invest in skills
Keeping your staff up to date with the correct skillset required in the industry benefits all parties. It helps companies by being in the top performers
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