What is Good Management
Management of most small to medium businesses is well below par.
Good management is the key to successful companies.
Management is a strict discipline for clear deliverables at every level of the company.
The critical issue is to have good management strategies in place updated at least quarterly.
Management strategies should include:
- Financial
- Cash flow
- Employees
- Suppliers
- Customers
- Inventory
Part of management is to keep all employees disciplined and focused on the main game. Be clear about how everyone involved with the company clearly understands how they contribute to its overall success.
For more information on Management Strategies, click here.