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Business strategy
What guides you in making managerial decision?
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[QUOTE="Deleted member 51169, post: 155747"] One of the reasons why most businesses crashes even before the demise of the CEO is poor managerial skills. One thing is to start a business, another thing is its sustainability. Growing up in the slums of my city where most business crashes at the peak of its growth, I noticed that the inability of any business to generate gains solely lies on the management especially the CEO - giving credence to the aphorism "unease lies the heads that wears the crown". To be a good manager of any establishment, there are so many realities which we need to outline here: *There are always hawks and whales out there to swallow up your business; competitors will use different strategies ranging from the legal to the illegal, to sure the outsmart you. *A sustainable business is not solely build on family or blood ties; this act has ruin so many businesses. The defuncted Diamond Bank of Nigeria could be cited as an example of such act. To be good at management, you need to see yourself as a solider in a battlefront. No solider goes to war without his ammunitions. Aside having mentors, they books you also read helps to shape you into the realities of the capitalist world of business. Here are the books that guides to managerial skills. *48 Laws of power *The Mafian manager *Art of war *The Prince. What books guide you to make managerial decisions? Is it just intuition or family ties? [/QUOTE]
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What guides you in making managerial decision?
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