Monday, April 22, 2019
Lack of a clear plan, ineffective leadership, marketing effectiveness, Term Paper
Lack of a clear plan, ineffective leadership, selling effectiveness, and leave out of instruction execution are common problems of a small assembly line and how strategic planning preempt help avoid them - Term Paper ExampleIndependent ownership implies sole proprietorship, air divisionnership, corporation, or any other legal form (U.S. Small Business Administration, 2010).Irrespective of the industry, a small business operates in it has been found that they suffer from largely the same types of problems. Small size of a business enterprise ensures that the counselling acts as a sharp cost controllers and active member of routine operations. This gives rise to many leadership related problems and loss of far-sighted visions. The discussion below further details the types of problems faced by small businesses.A major problem that infests a small business is ineffective leadership. Leadership, to be effective, should be influential fair to middling for the employees so as to motivate them to work ethically and create values for their customers (Grenny, 2009). Most of the leaders instantly have no concrete idea of their work. They get involved in the hassles of routine instead of centering on the long term goal of the business. The problem appears to more widespread in small businesses because the exigency to save costs are higher. Hence, to cut down upon the number of employees, leaders end-up becoming a part of the operations instead of managing the operations. Also, leaders of such small businesses are often not trained scientifically and their decisions are the outcome of their experiences rather than established managerial practices.Another common problem among small businesses is lack of a clear plan (Harsberger, 2010). Lack of a plan results in short sightedness of the business and distracts the manager in aligning all the activities towards the common goal of the organization. Ultimately, non-essential activities result in wastage of cash reso urces which other than could be applied more usefully. There appears to be a direct correlation between the clearness of plan and the success of the business (Perry, 2001)Even if a business has proper marketing strategy and plan, the execution
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment