Bsiness Ppt

7/29/2019 Bsiness Ppt

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50 Steps To Business Success

Presented by

Vicky Mhatre

Sachin Methree

Parag Nikumbh

Vinod Ray

Darshan Kondalkar

Swapnil Pawar

Samar Pandit

Atit Sukhe

1



What makes a Leader?

Leaders are born with the qualities to lead

leadership behavior is learned remains a long-

standing debate certain level of intelligence

and personality to lead social behavior, passion.



These are Five steps of leader Skills :

DEVELOP A CLEAR VISION

LEADERSHIP STYLE

RISK TOLERANCE

SOUL MATE

OBJECTIVES INTO SMALLER GOALS



Fundamentals of Annual Triage

ANNUAL PLANNING PROCESS : Planning is used in every type

of business and industry, service

or manufacturing, and regardless of size. A business as a ship, triage is

like an automatic ballast system, keeping things running smoothly on the

journey.



Continue

CORPORATE MISSION; Business plans arecomposed of three pillars: mission statements, specific

Functional goals, and detailed action plans to achieve

those goals. Corporate mission statements depict a

company's raison d’être, its reason for being in business.Typically a four- or five-line general statement of

corporate values or direction, it becomes the corporate

constitution.



Ludwig Inc.

Functional Planning

Quality control action plan

Production action plan

Marketing sales action plan

Personal action plan



Product Intuition Is Worth a Thousand

Hours • Continuously Assess Customer Satisfaction

• Appoint a Leader for Customer Satisfaction

• Analyze Competitor Advantages

• Eliminate Company-Created Barriers to

Market

• Establish Customer Service Teams

• Empower Customer Service Teams to Drive

• Customer Satisfaction



Secrets to Expense Reduction

• Prepare Financial Forecasts Annually

• Compare Actual Performance to Forecasts on

a Monthly Basis• Identify Corrective Actions

• Stretch Your Revenue Goals

• Demand Price Reductions from Vendors

• Identify Expenditures to Eliminate

• Reduce Operational Breakeven



Barriers to Profitable Growth

• Ensure Action Plans Are Compatible

• Eliminate Products with Poor Profit Contributions

Evolution or Revolution?

•

Analyze Your Readiness for Change• Ensure Each Initiative Has an Agent

• Appoint a Leader of Change

• Prepare Resource Plans to Implement Change

•Ensure Subjects of Change Contribute to

•Implementation



Prepare Resource Plan to Implement

Change

• Change implementation is introduced as a step withinoverall business

• Change planning becomes accepted practice. The more

normal change Planning becomes, the more it isexpected by those affected - leading to less resistance

with time.

• Including change goals and action plans during annual

triage forces a congruent approach to goal setting.

• Annual business planning, which milestone dates to

monitor progress, provides a natural climate to follow

up implementation.10



Pillars of Organization Alignment

Successful Change Implementation

The Culture to Support Achievement

Organizational Mission, Stratgies, Goals and

Action Plans

Personal Career Goals

11



Drivers of Process improvement

Superior Customer satisfaction

Identify business processes to be improved

Implement Competitive strategies to satisfycustomer values

Eliminate major difference betweencompany & customer values



To determine whether business processes respect

customer values, leaders must look across silo

boundaries.

To ensure plans are based on customer needs,

each process must be traced through each silo todetermine how well those needs are met, and at

what cost and level of efficiency.



Leadership

"To get others to come into our ways of thinking, we

must go over to theirs; and it is necessary to follow in order to lead.“

By William Hazlitt

Here Managers were police,

Ensuring employee performance, product quality, and customer service were in

line with both the corporate mission and company goals and action plans..

Here Leaders, with their visions, became the church; managers, with their

ability to govern, became the state.

Less time and energy will be spent controlling and directing.

More time will be spent training, monitoring, and leading. Employees will

be empowered to a greater extent, given guidelines of conduct rather than

strict rules.



The process of developing a leadership plan requires some soul-

searching.

What vision is required for success?

Are all employees inspired to move annual planning toward the

vision?

Which employees need coaching?Am I properly rewarding people for results I expect of them?

These are just a few of the questions visionaries must ask themselves

each

year. Your answers will provide insight into your leadership

strengths and

weaknesses.



Leadership Powertrain



Ethics develop conscience. Conscience encourages appropriate

behavior. Appropriate behavior brings

stakeholder respect. Stakeholder respect supports profitable growth.

Companies without ethics cannot sustain continuous

improvement. They have no way to determine what's right,

wrong, and fair when dealing with customers, employees,

creditors, and shareholders.

Locked in vertical silos and focused on

departmental allegiance, these companies fail to put customer satisfaction ahead of internal politics.



Spirit, as an element of leadership, plays two important

roles at once. It is the source of the vision, the desire,

and the belief that drive a leader to follow his dreams.

leadership spirit is the confidence and strength that

leaders experience when they apply manageable bites

with patience, consistency, discipline, and ethics.

Implementing revenue and profit improvement goals

demands patience.

Calculating risk of decisions demands patience.

Managing demands patience.



Personal Pillars Supporting the Spirit of

Successful Leaders



Leaders who have discipline also know the importance of

consistency.

Leading one successful year's business activity requires discipline, but leading every year successfully — the goal of any good leader

— demands consistency.

Ethical leaders reap their rewards in the form of esteem,

reputation, trust, and, as a result,sustainable business success.

The discipline, the consistency, and the ethics to execute

manageable bites, the proven path to business success.



Conclusion • To succeed in business today, you need to be flexible and

have good planning and organizational skills. Many

people start a business thinking that they'll turn on their

computers or open their doors and start making money -only to find that making money in a business is much

more difficult than they thought. You can avoid this in

your business ventures by taking your time and planning

out all the necessary steps you need to reach to achievesuccess.

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