Tuesday, May 25, 2010

The Success Mantra

The success mantra of a successful business is not about possessing the Best Product in the world but about following the correct strategy. Great vision followed by brilliant execution by a competent team is the simple strategy that is sure to pave ones path to Success.
The vision statement should not only consist of an overrated exercise but doing the right actions by ceasing the right opportunity. The best aspect about your vision is that it should aim at changing the world and creating a smarter world. The vision should be such that it should be worth execution. If you believe in the vision you have for your company then you’ve managed to achieve your first goal. Now comes the hardest part that is to get others to believe in your vision too.
Intense goal orientation is the characteristic of every successful entrepreneur. The process of consensus building on a vision statement among the company promoter group will stand them in good stead. The need to have a vision statement is an obvious one and requires little elaboration: if you don’t know where you are going you will never reach there! Most importantly for the successful execution the right goals should be set up. The goals should be quantifiable and include deadline and sales volume. For goals to be effective, they have to be always clearly communicated to every single person.

A competent team forms an indispensable part of the success mantra of an organization. An average leader with a lesser vision of the skills needed to execute on the business plans, rarely looking beyond the hard skills required for the tasks to be undertaken. A great leader looks beyond the immediate skill set required. He looks for tomorrow’s leaders today, for his company’s future ambassadors who will take the company global. It is now recommended that instead of a leader “hearing out” his team’s views and taking a decision, a better way would be to allow for the team’s group dynamism to manifest itself. This requires a leader to listen to his team members, allowing for a consensus building process to take place. The team will then be able to conduct themselves in a positive atmosphere of inclusiveness. Thus is written the success story which starts with big dreams possessing a clear vision of your goal and achievements, which are to be strategically executed and achieved by a proficient team in the pursuit of their goal.

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