4
1 BUSINESS QUOTIENT Forget I.Q / E.Q. Think B.Q. -Find Real Business leaders! Why some people without any formal business degree from reputed universities develops big companies within few years ? like Bill gates,Dhirubhai Ambani & all most founders of Major Big Business Houses . While on other hand some well qualified business professionals from reputed management institutes could not do the same while having high IQ that’s why they got their admission in reputed universities after qualifying their tough entrance examination. Does Business success requires high IQ based on many top CXO level vacancies filled by HR? Let’s see some other situations?????????????? SITUATION 1 A top organization having highly qualified business Leader / employee carrying high IQ, capable of making complex business analysis, calculations / made a launching plan expecting great success of new brand, but after launching it failed badly. Like in most Mobile Handsets Brands where big MNC are showing same trends.

Pharma Consultant

Embed Size (px)

DESCRIPTION

Strategic Business Consulting services @ The Consultant http://theconsultants.net.in Mob+91-8587067685 FMCG | LED LIGHTING | PHARMA | DURABLES | POLITICAL CONSULTING

Citation preview

Page 1: Pharma Consultant

1

BUSINESS QUOTIENT

Forget I.Q / E.Q. Think B.Q.

-Find Real Business leaders!

Why some people without any formal

business degree from reputed universities

develops big companies within few years ?

like Bill gates,Dhirubhai Ambani & all most

founders of Major Big Business Houses .

While on other hand some well qualified

business professionals from reputed

management institutes could not do the

same while having high IQ that’s why they got their admission in reputed universities after qualifying

their tough entrance examination.

Does Business success requires high IQ based on many top CXO level vacancies filled by HR?

Let’s see some other situations??????????????

SITUATION 1

A top organization having highly qualified business Leader / employee carrying high IQ, capable of

making complex business analysis, calculations / made a launching plan expecting great success of

new brand, but after launching it failed badly. Like in most Mobile Handsets Brands where big MNC are

showing same trends.

Page 2: Pharma Consultant

2

SITUATION 2

Marketing Department of a established organization claiming a good understanding of topogeographical

consumer behaviour & their need, launched a promotional campaign targeting to hit E.Q of consumers

expecting high yield by campaign, but overall consumers denied to accept the offerings. As happening

with most of FMCG newly launched brands.

SITUATION 3

A well reputed PR agency having expertise in Social Activities, launched an activity to socialising the

brand image by using their SQ EXPERTISE, but results went into favor of competitors. Like in Delhi

Current election BJP was washed out.

SITUATION 4 A highly qualified & experienced CFO promoted as CEO but could not run the same

company as effective as he was running the Finance department.

——————————————————————————————————————

What You think? What may be reason for failure? Although all were having very high IQ /EQ / SQ.

De facto- gaining desired business results is complex process and required very complex set of ability

rather than just IQ /EQ / SQ.

Our studies shows that most of employers are happy to higher an

employee having high IQ or one step ahead high EQ/SQ.

But Above all those, business challenges required more

advance ―Q‖ and for business oriented task ―BQ‖ – Business

Quotient is right parameter for same.

As we know that it is employees of companies who analyse the business

environment, develop plan and deliver results. So if our employee is

carrying right BQ more will be chances for success.

Let’s See what different kind of Challenges is faced by business leaders ……..

A true Business leader is really required by organizations to manage today’s complex business

competition.

As above picture shows that, a leader has to

analyze & take decision on different verticals. As shown

above an employee having only high IQ / EQ or

SQ definitely will not be able to perform with as

much accuracy as it may be required & this is only

reason why often we fails even having best

Management talent .

Hunting / recognizing a True Business leader &

Page 3: Pharma Consultant

3

hiring /retaining / promoting them are a micro specialized area for HR / Managers.

Most of employees leave the employment when their output or companies input is not matched as per

pre decided / expected norms. This situation naturally comes when employee / employers are not able

to deliver becoz they could not manage every dimension of complex business verticals/ factors as

shown in above pictures, resulting an frustrating organizational environment.

ANALYSING & DECIDING ―BQ‖ LEVEL OF AN EMPLOYEE:

To recognize an employee having high BQ level is again a micro analysis procedure and requires the

close observation of employee’s activities. For the same a detail modus operandi has been developed

by us to segregate the TRUE BUSINESS leader. However the detail can’t be discussed here but few of

guiding tips may be provided……………….

1. Put a complex business situation puzzles which is of more standard level against level of

employee. I.e. a front liner sales executive handling single town may be given a task to make

geographical market segmentation of entire state which is really a task of mid management

employee.

2. Similarly Top level employees may be given task related with too low level. I.e. a marketing

head may be given a task to go in market & handle actual objections of small shopkeepers. Not

joking – if compare they will yield less results than executive level employees.

3. Observe closely ur employees that along with routine job, which employee is contributing to

other verticals by his suggestion to such problems which really does not belong to his expertise area

but gives expert solutions.

4. Make a training session (not teaching / coaching session) – throw the case studies which

are not related with their expertise area (becoz their expertise area efficiency u know

already).Observe that without any clue which talent is penetrating the problem more deeply &

effectively.

5. Prepare any complex business plan but do not complete it. Let your other targeted

employees should complete the remaining part of plan. Analyze the best plan which covers all

aspects (rather than employees own expertise area) of business. ————————– One example

is here to understand….. ——-A company was not having enough budgets for advertising in small

non result yielding towns. Matter was discussed among open forum and very cost effective idea

came from a non-marketing department employee which was agreed by happily by management &

this idea was just get printed small advertisement material to fix on back side glass of car coming on

petrol pumps .In this way, car will be turned into moving advertisement van for company not only in

small town but also for rural town.

6. Check out the frequency that how many times employee provided effective solutions & how

many times it was accepted by management. Maintain a record for annual evaluation of

employee.Many more are there. ( For Micro Strategic details plz contact Author)Hope by this

article, organizations will start thinking beyond IQ / EQ to find real business leader which will be

helpful to minimize manpower turnover & maximize the productivity of organizations.

Page 4: Pharma Consultant

4

CONCLUSION:

OUTSTANDING BUSINESS PERFORMANCE REQUIRE HIGH B.Q – RATHER THAN IQ / EQ.

It is quite possible that a 14 years old Road side hocker/sales boy may have high B.Q rather

than CXO level employees.

HIGH IQ PROFESSIONALS MAY LEAD IN DIFFERENT LIMITED & MONOTONOUS ENVIRONMENT,

BUT A COMPLEX & EVER CHANGING ENVIRONMENT i.e. BUSINESS ENVIRONMENT REQUIRES

HIGH B.Q.

This Concept of B.Q is totally new & it is never discussed before it anywhere, but is really useful

for identifying real business leaders.

This is now demand of time to replace the out-dated IQ / EQ / SQ concepts by BQ while analysing the

possibilities of business potential in a personality becoz business environment itself has been changed

from traditional to complex.

For the same a detail studies have been made by us on this Innovative corporate topic and we

can offer our services to required corporates..

Come Out From Struggle Phase Of Business!

Lead The Market With Leaders Of Strategy!

INTRO || About Us » || Consultancy Verticals » || Industries » || Political Consulting || Innovations »

FMCG || Consumer Durables || Led Lighting || Pharmacy & Cosmetics || Political Consulting

Entry To Indian Market || e-Commerce & Digital Marketing

Facebook || LinkedIn || Twitter || YouTube

Share Success - Like Innovations On Social Media