BECOMING FAST IN THE NEW NORMAL ECONOMY

In the new business environment innovation is vital to sustain a healthy economy. The source of innovation is intellectual capital - working knowledge that employees carry in their heads about products, customers and how they work together. Managers translate this expertise into profits by applying proven best business practices.

A business does not have to be an e-commerce or a dot com to reap the benefits of the new economy. It does have to be fast - to have momentum and velocity in bringing new products to market and responding to customers. In this new business environment management dances with changing technologies and engages nurturing the intellectual capital of the talent it controls.

 

Management is responsible for creating and sustaining the company reality. If management is weak then employees will fill the vacuum with their own agendas and fragment the company's performance.

Weak managers destroy viable companies by their inability to manifest a cohesive reality.Staff talent is unused or dissipated and the enterprise loses momentum.

 

 

 

 

Recovery is difficult, expensive and sometimes impossible.

Staff talent is unused or dissipated and the enterprise loses momentum. Recovery is difficult, expensive and sometimes impossible. In the current marketplace where the talented employee has the advantage, management must be wise, clearheaded and mature in their vision.

Intellectual capital, technology and management are three areas every successful company applies focused attention to become profitable or attractive to investment capital.

A new paradigm of internal business relationships is two fold. First, management is the customers of the staff. Second, management provides opportunities and technology for staff to apply talents, skills, expertise and knowledge and demonstrate performance. Work is project-based where the resources are managed for completeness, correctness, effectiveness and profitability by both the management and the staff. Management and staff share customers and are each others customers.

Successful companies embody best business practices, professional management, distinct performance standards, provide current technology and proven systems and procedures. In this new business environment manufacturing, construction, trade, services and even government is being called on to evolve in order to attract and retain the best talent.

The purpose of management is to support the staff who serves the customers. Enterprises in this new business environment do not have time for, nor will a talented staff tolerate petty grievances, power politics or mismanagement. So-called brain drain is seldom about money, it is more often about lack of challenges or management shortsightedness.

Having the right team is more critical than ever. Management must treat every employee as a unique set of skills and applications. Every employee must be disciplined, focused and capable of initiating, following through and completing projects within parameters. Both management and staff are team oriented - they share common goals.

The challenge for management and staff is in thinking about intellectual capital. Concurrent with the relentless drive of new technology is the exponential growth of knowledge and application. Management must encourage, support and reward employees expanding their expertise. Employees need to maintain an appetite for new knowledge and apply it for the enterprise. In this new work environment company culture is built on the context that if you are what you know, you're obsolete. The continuous- learning/beginners-mind is addressed by management as a strategy to sustain economic viability. Expertise can be translated into investment cash in this new business environment.

A fast company creates and effectively applies new knowledge or new technology first. We live in the electronically mediated global economy where geographic and many cultural boundaries have been erased. Location is no longer a barrier. The company with a concentration of smart management comfortable with technology and nurtured intellectual capital will attract global challenges and opportunities and be enormously profitable.

CREATING A COHESIVE REALITY BY DEVELOPING STRONG MANAGERS

Investing in your company's management by establishing a one-on-one relationship with an experienced coach.

The commitment begins with an in-depth evaluation of the manager's strengths and weaknesses. The coach guides the owner through this process.

It is followed by an owner and manager-employee meeting . The evaluation is presented and the coach is introduced.

The manager-employee hears from the owner, in no uncertain terms, that the performance of the employees under their charge will be measured and that the manager will be responsible for that performance.

The coach is introduced by the owner as the manager's trainer, who accepts the directive and direction.

The owner supports the coach, both financially and authoritatively.

The process is not easy or pleasant.

The result will be a forged (not forced) cohesive reality.

Contact Dale Bruder to begin the process.

Call 520-331-1956

 

DALE BRUDER DYNAMIC STRATEGIST Communication Links Voice/Text 520.331.1956 strategy@dalebruder.com

1996

PROFILES IN COACHING

A Spa and Hair Salon

An OEM Manufacturer

An Embroidery Production Shop

An Upholstery Workroom

A Custom & Production Cabinet Maker

A Court Language Translator Service

A Preschool & Day Care

An EFT Therapist

A Limousine Service

A Biofeedback Provider

A Language Instructor

 

 

ENTERPRISES THAT BENEFIT BY MY COACHING

Abracadabra Restoration

Academy of Leadership and The Arts

Alarm Solutions

Andrew Avella

Arizona Audiotronics

Arizona House of Graphics

Arizona Open Land Trust

Asian Institute of Medical Studies

Asian Trade Rug Company

Arrow Land Survey

Atkinson's Cabinet Shop

Daniel H. O'Connell PC

Deed and NoteTraders

ELF Products

Empowering Local Communities

Focus Productions

Funzalo Records

Gadsden Company

Alex Holland

Jeff Hampton

Hosanna Electric

La Estancia LLC

MB Development

Maribelle Cakery

Mike's Artist Managment

Pelstar Computers

Prime Home Services

Sonoran Translators

Time & Time Again Antiques

Tres English

Tucson Embroidery & Design

Tucson Networking Association

Unique Upholstery & Design Center

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High value benefits. Click on Vitalizing Enterprises

Chief Strategy Officer Discussion Group on Linkedin. Members are from 3 of the 4 global economic regions.

When you are challenged by the economic, social, cultural and technological push-pull forces and need someone to stand with you, I am ready to be your coach.

520-331-1956

Engagements

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Dynamic Professional Practice Create the environment that suits your ambition

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Ongoing Advise and Consul - The Depth & Span of Mastery Contact Dale Bruder for a beginning consultation

ON LINE COURSES

Business Intelligence Seminar- Primary and Secondary Market Analysis in a New Economic Age

FREE WORKSHEETS

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PUBLISHED PAPERS

Staff's are Profit Centers

Coaching the Executive

Fast Economic Engines

Leaders are Evolved, Not Born

Action Management for the Next Business Upturn

Strategic Planning

 

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All content copyright Dale Bruder unless attributed to others ©2012

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