Latest posts by Anita Simiyu (see all)
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A successful business just doesn’t come by. How you run your business will determine very much whether or not you will achieve your goals.
Building a successful business depends highly on your investment in the right team, your passion, investing in the right tools for your company and employees, not forgetting, the freedom granted to your employees in developing a personal brand.
Investing in the Right
You cannot build an empire on your own and you definitely cannot do all work on your own. You will need the right team from the beginning. As I have said before, dedicate time to finding the right hire. Invest enough time in the hiring process to get a focused, innovative and goal oriented team. So create a network and build the best team you can find. A multi-talented and skilled team is more likely to be productive.
A skilled team is likely to be more productive if they are left to exercise freedom in developing personal brands. This of course has to be allowed within the constraints of company policy and the intended goal.
Allow your employees flexibility in innovation of products and in their skills and services. Trust that you hired the right skilled team and allow them to work their magic. Do however ensure that you do not compromise the core values upon which you build your business.
Invest in the right Tools
Every industry is different. For you and your employees to achieve the maximum potential for your business, you will need to provide everyone with the appropriate tools.
You will need to have the right technological tools appropriate for each member of the team. The marketing team requires different tools from the finance or human resource team.
Take into Account each Step
You can start and grow a business in a day. Building a successful business, like building successful relationships is a process. It takes time and you have to invest time, money, and great effort. You need a plan from the start.
A step-by-step plan that will ensure you do not sprint through or hop from place to place to without ensuring proper development of each stage. “Build a system for the long-haul focusing on small-connected steps.”
Focus on your Passion and Purpose
Despite what you may think, your business will be a reflection of you. If you build it out of love, passion and purpose, it will reflect something beautiful, well developed through skill and care.
When you build a business based on passion and a purpose to provide the best products and services for your customers, you will have achieved a great deal in providing a prized enterprise to your customers.
Build a Friendly Environment
Build a free and friendly working environment for your employees. Create a place of value that employees find easier to work at and a place that customers enjoy not only the products but the services rendered that keeps them coming back.
Work towards developing a meaningful environment for your employees and customers.
Take Care of Your Physical and Spiritual Health
Ensure that above everything you have balance in your life. If you are happy and healthy then everything else is likely to fall in place. So exercise and eat healthy.
Ensure the health and satisfaction of your family. This way, you won’t have to sacrifice your family, spiritual, physical or mental health for the sake of building your business. You need satisfaction in all areas of your life to ensure maximum growth.
Identifying Employee Potential is Vital to your Startup
A productive employee is one whose potential has been fully tapped into, an employee who enjoys doing what he or she does. It is important to note that a performing employee is not necessarily a high potential employee. Sometimes your potential employee might not be giving results as expected because their potential has not been noticed and made use of.
A high potential employee will demonstrate future potential for growth, fresh, creative thinking, hold a standard of positive exceptionality and is very quick in learning and embracing change.
So, why should a company identify employee potential?
- Proper Human Resource allocation
A company can realize its full potential simply by proper utilization of its physical, human and financial resources.
In identifying your employee potential, you are able to place each individual in their rightful position. This results in productivity among employees and ensures improvement in organizational performance.
Proper allocation of employees also saves the company from losing some if not all of its productive employees who are quite a huge asset to the company.
- Maximum productivity
Maximum productivity is achieved when an employee’s potential is put into full use. A potential can only be put into full use when it has been identified
Employees are able to give their best when they enjoy what they do. A potential employee is as important to your company as a performing employee, both need to be recognized as important and given equal attention to ensure they reach their maximum production.
Maximum productivity equals good returns.
- Motivation of employees
Employee performance is directly linked to employee motivation.
When an employee recognizes a task as important, he/she approaches it with eagerness and keenness and sees to it that it is completed to the best of his/her ability.
Identifying an employee’s potential enables you to place them in a field that they enjoy working in and they are motivated to fulfill personal goals which positively reflect on the company’s goals.
- Company’s success
I would want to assume that the success of any company is vital to anyone who wants to start or has an already established company.
Don’t we want to see our companies receiving positive recognition among people or ‘flourishing’, if I may use that word? Then it is simple, find what your employee’s potential is and exploit it.
You are able to exploit your employees potential once you have identified it, this assures you of maximum productivity from the employees who are motivated to give results because they are positive about what they do.
- Satisfied Customers
A satisfied customer is an important resource to your company and equally reflects on the returns.
You can only have satisfied customers when your employees are happy to serve them. The attitude of employees towards their job is likely to affect the outcome of their work. A negative or positive attitude is likely to trickle down to the customers.
Satisfaction of your customers will only come about when your employees are well matched with their area of interest which happens when their potential has been identified.