Top 10 Tips for Women Business Leaders
Managing in Uncertain Times
1. - Stay flexible: In a climate in which the only constant is change, it pays to be agile. Reexamine your mission and strategies frequently to make sure you’re responding to changing times.
2. - Devour data: Knowledge is more important than ever when changes come at lightning speed, so stay in touch with customers and industry trends.
3. - Be (somewhat) humble: It’s important to realize you don’t have all the answers. In that spirit, seek new solutions from multiple sources, including employees and customers.
4. - Communicate: As a woman business leader, you play an important role as your firm’s “evangelist.” Enlist the support of all stakeholders – including staff, customers and suppliers – to ensure success.
5. - Plan for contingencies and be proactive: Many businesses were unprepared for the last crisis, and few will be prepared for the next. Plan for emergencies. Address problems before they become crises.
6. - Insist on candor and stay involved: Create an atmosphere in which problem-solving is more important than finger-pointing, and insist on honesty. Don’t forget that in troubled times, employees are anxious too. They may also have valuable information. Be visible and accessible.
7. - Keep your organization flat: Multilevel companies are less agile. Improve your reaction time with a flat organizational structure.
8. - Cross-train your talent: Multitalented employees give your business an edge because they help you react quickly to changing demands. Make sure each staff member can perform multiple roles.
9. - Assess your team: Complacency is the enemy of success. Continuously evaluate your team, rewarding top performers and improving (or terminating) those who aren’t contributing.
10. - Use your judgment: Follow your instincts, and remember that prospects that sound too good to be true probably are.
Read the full article at: http://www.roxannejoffe.com/2013/03/managing-in-uncertain-times-top-10-tips-for-women-business-leaders/
Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.
Houston business coaching.
Business consulting for women entrepreneurs in Houston, Advice for women entrepreneurs, Business Coach in Houston, Growth strategies for small business, Business continuation for women, Growth for women-owned businesses, Houston business coaching, Financial strategies for small business, Small business consulting in Houston, Business management consultant, Business, Consulting, Women, Entrepreneurs, Houston, Coach, Growth, Strategies, Coaching, Continuation, Owned, Owner, Financial, Consulting, Management
