Sanjay Shah | SME Business Coach | +91-9322 23 33 23
Customized Coaching to GROW Your SME Business To The Next Level. (Strategy, Marketing, Branding, Systems & Processes)
I was talking to the CEO of a private equity firm. I was curious to know how they evaluate firms. Among various criteria, he mentioned an intriguing one. He said, “We try to find how many life members are there in the company.” “Who are the ‘life members’?” He said, “Those who have been with…
A business requires human resources of various types who possess a range of skills a business needs. These skills vary according to the function and level of the role. In all functions, junior levels need execution skills, whereas senior levels need managerial and leadership skills. At senior levels, the business leaders themselves may have some…
Business decisions come in all shapes and sizes. They affect different types of stakeholders differently. Thoughtful leaders ensure that when the decisions are made, they are well-rounded in which the interests of those absent are also considered. Starbucks ex-chairman and CEO Howard Schultz has said “At Starbucks, in all weekly senior leadership meetings and quarterly…
If a good employee wants to leave because of a good offer she has received and to retain her you match the offer, should you also match the salaries of old, incompetent employees? No. Be firm. You may be afraid that they will leave. Don’t worry. The incompetent will not get a similar job anywhere…
If everybody in our company is less qualified than us, how can the company go beyond the frontiers of our abilities? In such situations, our company will always remain constrained by our limitations. Large companies have hundreds or thousands of people who are more qualified and more experienced than their owners. If we can bring…