Join the champions and the most successfully managed enterprises by making these three changes in your life and business activities
Here are the 3 changes every businessman must make in order to join the champions of the best managed and most profitable businesses:
1. You must transform yourself from technical expert to master strategist.
2. You must transform yourself from an instinctual decision-maker to a fact-based decision-maker. The key to success in business is to manage by fact rather than expediency:
2.1 Gather information 2.2 Weigh the costs and benefits 2.3 Assess the risk 2.4 Take action
3. You must transform the business from a partnership model to a functional responsibility decision-making model. The person with functional responsibility must make all the decisions within their area of responsibility. Owners should be involved only when the risks are high.