How to Be Ahead Of Others in Business

How to Be

Ahead Of Others in Business

You Have the Key

A dream of every CEO to be the name in the market, state, Country and the world, a head of every one. Be the name that occurs to everybody, everywhere, everytime and be the first in Google search.

First requirement of being ahead of others is: what you want to be; what you want to achieve: clarity of thought, only then the action will follow. Half-baked and copied ideas do not help; you should be you, not anybody else. Originality of thought is a great advantage that culminates into congruence of desire and deserve belief-a rock solid of your journey.

“Decide what you want … believe you can have it, believe you deserve it, believe it’s possible for you.”              

                                                  – Rhonda Byrne

Have the courage to follow your heart and intuition. They somehow already know, what you want to become.

                                                          Steve Jobs

Optimism key to success. “I shall succeed” attitude is must for achieving something extra than others. 

“I have become my own version of an optimist. If I can’t make it through one door, I’ll go through another door – or I’ll make a door. Something terrific will come no matter how dark the present.”                                          

                                         Rabindranath Tagore

Vision statements hang beautifully framed in the receptions of the Organizations. Are they real, no they were got drafted from scholars to show off big. Real vision is thinking of the Owner CEO. Keep your vision simple, straight forward and understandable by those who to have follow it with their toil and tears, make sure they do it. 

You need a very, exceptional clear vision. And to me, a vision is something that you can say in one sentence. The fewer the words the better."                             

                                                      -Ron Johnson

Strategy & Tactics: Strategy is a long term action plan to achieve. Decide what you will never do for example short cuts of dishonesty and bribe. Tactic is younger brother of strategy. Tactics relate to a specific goal.

 “Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.”                                                                           

                                                  Michael Porter

“Strategy without Tactics is the slowest route to victory: and Tactics without Strategy is the noise before defeat.”                                                                                     

                                                            Sun Tzu

Determination firm and solid, is the next important ingredient of success; a clear understanding that difficulties, failures, breakdowns, stumbles, challenges are stepping stones that lay the foundation of success tales.

“Real leaders are ordinary people with extraordinary determinations.”

                                      - John Seaman Garns

Detailing the object; vein by vein and bone by bone, vitals and ancillaries, blood and water, joints and jerks, step by step, stage by stage; in-depth and exact detailing ensure ease and clarity in achieving the target.

The secret of getting ahead is getting started. The secret of getting started is breaking your complex overwhelming tasks into small manageable tasks, and starting on the first one.

                                                                     Mark Twain

Execution is the essence of a goal. Always remembers Mercedes standards, “The Best or nothing”. How to achieve this goal – keep your eyes and ears wide open. See beyond sight and listen what is not audible, walk to odd destination at odd times, do with your hands what the juniors are required to do by giving orders; study the real problems of those who work with hands, no compromises & no concessions for quality whether staff or products. We should have the best of stuffs. TQP and TQM of highest standards.

“Execution is the ability to mesh strategy with reality, align people with goals, and achieve the promised results.”

                                                      Larry Bossidy

Have a system of market intelligence; must know what others are doing – rather one should know before others start- only then one can be ahead of others. Counter check every bit of information coming to you, study seriously the sieved information and see how you can jump ahead of others.

"If you really want the key to success, start by doing the opposite of what everyone else is doing."                                 - Brad Szollose

Technology giant and a magic lamp, adept & adopt, otherwise flight is ready for you. Must know the latest developments, trends and adaptations in and outside your field. It is more important know to what is happening to the relevant technology outside the field. Match product technology with consumer needs, likes and pocket.

Research means to search again what you are doing – in all spheres – technical, administrative, work-force, financial, operational, marketing, methods and procedures. Do not limit this important activity to technical and products variants and new ones. Always have a dedicated research wing: paid and outsourced is always risky and many a times fruitless costly exercise.

Think Tanks sessions within and outside, national & international to generate odd even ideas and thinking without limitations may look alien to many; are source of something new. Keep an eye on the Think Tanks outside your area and not related to your product.

Work Force They are living machine, who see and listen, the circumstances & environment, outsiders & insiders, suppliers and users, goodwill and anger among masses and markets. They are most important assets that give most important inputs: how to get these input that depends on how smart is the management to intermingle with them positively and intuitively.

Motivation: Motivation is spark for action. Why people should work out of the way, go extra mile every time for every job. This is important not only for the work force but the managers also who are the driving force in implementation of decisions and policies. All men must feel pride in being part of the organization. Those who are internally motivated and at peace with themselves are an asset encourage them.

"You get the best efforts from others not by lighting a fire beneath them, but by building a fire within."

                                                       - Bob Nelson

Market is a place where our products are examined by rich and poor, knowledgeable and new, interested and causal above all by disinterested and bartered for money and it gives our organization a push to move forward. In fact market is the pivot around which whole economic activity moves. It is study into the thinking of consumers, their needs, values, capacity, and respect for your product. CEOs must go to the market themselves as most ordinary customers to find out what market stands for their product.

Resources include financial and others. Healthy resources free of encumbrances are always a source of strength; create goodwill and enhance credibility among peers and thus create further resources that can help at difficult times. Banks and financial institutions help those who themselves are sound. Never use personal resources for institutional needs that creates administrative indiscipline.

Inventory anywhere, in raw materials, finished products and even cash is a silent killer: these things should be kept to the optimum level as per the scale of production, marketing and capital investment. When situation is beyond control dispose them off quickly otherwise they depreciate as well as become obsolete: a total loss.

Investments normally in fixed assets like land, buildings, Govt Bonds and gilt-edged securities provide stability and a security during emergencies. Some business house create secret reserves by under-valuing assets, the practice has pros and cons, but they do provide safety and security. Prompt payments are the handles that reduce costs by strengthening negotiating powers.

In addition, investment in men is very important; continue to add to the personality of each employee by providing him training in various aspects of his job; even on the job trainings provide employees an insight into intricacies of the job. Keep the employees involved and engrossed. Take care of their dreams and advancement.

 "Job training empowers people to realize their dreams and improve their lives."

                                         Sylvia Mathews Burwell 

"Most of life is on-the-job training. Some of the most important things can only be learned in the process of doing them. You do something and you get feedback - about what works and what doesn't. If you don't do anything for fear of doing it wrong, poorly, or badly, you never get any feedback, and therefore you never get to improve."

                                                              Jack Canfield

C.E.O. Chief Executive Officer, a dream with many; the man who matters, who runs the business with passion:  a driving force: important since the time immemorial and even today: one of the great reason for failure of most of public sector undertakings in India. The Masters said about CEO:

          Yatha Raja Tatha Parja.                      Chankaya

As we look ahead into the next century, leaders will be those who empower others."                                                

                                                                 Bill Gates

"Leadership is unlocking people’s potential to become better."  

                                                                Bill Bradley

"The true mark of a leader is the willingness to stick with a bold course of action — an unconventional business strategy, a unique product-development roadmap, a controversial marketing campaign — even as the rest of the world wonders why you're not marching in step with the status quo. In other words, real leaders are happy to zig while others zag. They understand that in an era of hyper-competition and non-stop disruption, the only way to stand out from the crowd is to stand for something special."

                                                                          

                                                                        -Bill Taylor

A CEO is liver, load and fulcrum all in one; of every situation. He has to fill up the gap always where one is missing. He must set the ball in motion, move it forward and score the goal too.

CEOs are extraordinary people: they have to be store house of X factors, always ready to solve with integrity, devotion, dedication, smartness and in time:  if you are not than not fit to be a CEO of the category companies look to find.

To me, business isn’t about wearing suits or pleasing stockholders. It’s about being true to yourself, your ideas and focusing on the essentials.          

                                                  Sir Richard Branson