Business Strategies

All posts tagged Business Strategies

Ethics and Mindful Behavior

Published July 21, 2014 by Mayrbear's Lair

timthumb

It seems that we are constantly being bombarded with news reports of unethical behavior. What is unnerving for many of us, is that the level of misconduct is so alarming, that it comes as a shock to many of us, that these events are even occurring in the Twenty-first Century. Incidents like: (a) human trafficking, (b) government agencies controlling women’s rights, (c) world leaders who engage in tactics of genocide, and (d) corporations that mindlessly destroy and contaminate the environment in their endless pursuit to make a profit. What perplexes many of us, is that the more advanced and educated humanity becomes in fields like science, archaeology, and technology, that the special interest groups who are fearful of evolution and changes these innovations pose, become more vocal and work even harder to maintain their fixed views. In fact, some factions are so fixed in their positions they will mindlessly engage in whatever tactic they can out of sheer desperation to cleave on to their core beliefs, no matter how primitive or outdated those views are.

burger biter

For example, years ago in a private conversation, I shared my reasons to another individual why I made a conscious choice to stop eating meat when a complete stranger overheard me. This man was so overcome with emotion from my story that he felt compelled to address me. He did so however, in a defiant manner that caught me completely off guard. He was so moved by my story that it inspired him to go out and find the biggest, fattest, juiciest burgers he could to devour. I was dumbfounded that my personal dietary choice upset this person so much that he felt a need to exact revenge by eating a burger! It was clear that my conscious choice to eliminate meat from my diet for health reasons, was quite upsetting to this man. In fact, it was apparent that my being a vegetarian made this person so distraught, that he felt: (a) a strong need to make his views known loudly, (b) was motivated to take a defiant action, and (c) did so with an intent and determination to “show me a thing or two” by purchasing the most expensive piece of beef he could find to consume as an act of revenge. I was also vexed that because of his limited perceptions, he thought his actions would upset me. I can’t imagine what his response would have been if I had taken an active role in trying to convert him or others to become vegetarians as well!

I was now trying to process why this man had such a strong reaction to my being a vegetarian. It was evident that this was a man that had “communication boundary” issues in addition to his fixed position and passion about eating meat. When I was conducting extensive research for my eBook, Breaching Communication Barriers (2013) I discovered that one reason we experience difficulty penetrating these barriers is the level of maturity, or immaturity, that exists between the parties who are engaged in transmitting a message (Berry, 2013). In this case, my private communication to a friend sparked an intense emotional reaction from this man, which in turn triggered his negative response to a total stranger. This incident revealed how a person with fixed beliefs becomes closed minded and even combative when their deep rooted belief systems are questioned. In other words, this guy was so rigid in his views that he was willing to engage in a strategy of attack to defend his perception of reality regardless of the outcome.

stubborn

At times, like many others, I can become a stubborn creature as well when it comes to change. Like most, my first response is usually fear and negativity. How will this affect me and my family? How much change is involved? Will I have to make new life choices and change my behavior as a result? Experts in the field of psychology postulate that the initial negative response to change is typical in human behavior. For example, when the concept that the earth was at not the center of our solar system, scientists were incarcerated for daring to make such bold statements that went against what the church authorities dictated during that time in man’s history. Was this a position the church held due to limited knowledge and ignorance? Or was this, as some conspiracy theorists purport, a concerted effort by the leaders during that period to keep the masses level of education at a minimum so leaders could manage and control them more easily?

One thing is certain, without implementing some kind of code of ethics to help in the decision making process, behavioral misconduct will continue to escalate. It is clear that to continue on a path of evolution with positive outcomes, we must work collectively on creating opportunities to grow and prosper in an ethical manner. In his book, Work: How to Find Joy and Meaning in Each Hour of the Day, Zen master Thich Nhat Hanh (2013) suggests that one way to achieve this is to engage in strategies to develop programs and systems that encourage ethical and mindful behavior. These include tactics like: (a) learning how to deal with strong emotions, (b) maintaining good relations with other people, (c) keeping channels of communication open, and (d) avoid creating negative and oppressive atmospheres that pose a threat to others or the environment (Hanh, 2012). These are a few simple and effective strategies that can help us shift into making more mindful decisions with our actions.

On Wednesday we will take a closer look at what mindfulness is and identify different practices that can help support mindful behavior. That’s it for this time. Until then … keep working on your leadership and organizational skills!

References:

Berry, M. A. (2013). Ethics in the Real World. USA: Kindle Direct Publishing.

Hanh, T. N. (2012). Work: How to find joy and meaning in each hour of the day. Berkeley, CA: Parallax Press.

********

“It doesn’t matter what you say you believe – it only matters what you do.” ― Robert Fulghum

********

Memorial Day Weekend Holiday Special!

Published May 24, 2014 by Mayrbear's Lair

memorial-day-sale_1399863643

Today our promotional campaign with  Amazon.com shines the spotlight on our featured booklet, “The Value of Strategic Management.” It reveals insights to effective leadership skills and examines strategies that top performers implement to successfully manage an organization more efficiently. This material can provide a powerful motivational key; one that will unlock a treasure of innovative ideas by examining how successful top performers achieve their desired outcomes more effectively. Whether you are a business owner or a householder, this booklet has valuable organizational management information for everyone! Get  your copy today for free!

Saturday Special MM Memorial Day sale amazon.com 2014 Graphic ad

Stayed tuned for tomorrow’s spotlight … and have a fun holiday weekend y’all!

********

Not many can admit their fears, but those who can, lead a fulfilling life of happiness knowing they hide nothing and need not to. – Cyrus Corteise

********

Business Growth Strategies Conclusion

Published May 16, 2014 by Mayrbear's Lair

wpid-stress2

When it comes to organizational strategic management, not all experts agree that growth will always yield positive outcomes. Hess (2012) points out, for instance, that growth can cause staff members anxiety and stress. In the eyes of the employees, for example, growth can be perceived as having to learn new processes, changing controls, and incorporating a new culture. In addition, it can create risks, effect quality outputs and result in financial structural changes. Furthermore, it can affect customers negatively and even destroy a company’s reputation. 

new-coke-formula-604

When Coca-Cola engaged in a growth strategy that included changing their formula, for example, the general consensus was why change something that already worked? As a result of this tactic, rather than achieving the desired outcome they hoped for, consumers were not supportive of the new strategy and Coke went back to their original formula. In other words, if growth strategies are not implemented and managed competently, growth can contaminate a company’s value and in extreme cases, even bankrupt them (Hess, 2012).

723BiggerNotBetter_537268739

In short, bigger is not always better because of the complexities involved. The bottom line is that growth is change, plain and simple. If managed properly with efficient systems devised to operate at maximum outputs, it will decrease the likelihood of errors that occur which can in turn, result in the production of evolutionary outputs. This can transpire, as long as the firm and its staff members acknowledge that running a successful business is a continual learning process; one which requires discipline, efficient methodologies, and effective systems that are in place to support the firm’s intentions and vision. In conclusion, the best growth strategies are well-planned because they provide the clearest road maps that will lead a company to higher performance outcomes more quickly because of the processes and systems that are set in action to support them.

 That’s it for this week! Have a great weekend and keep searching for innovative ways to keep organized!

********

 Readers are plentiful; thinkers are rare. – Harriet Martineau

********

References:

Hess, E. (2012). Grow to greatness. Stanford, CA: Standford University Press.

Why Implement Business Growth Strategies?

Published May 12, 2014 by Mayrbear's Lair

garden_watering

The best growth strategy for an entrepreneurial venture or a small business is a well-planned one. In fact, there are many studies to support that this tactic is more likely to result in positive outcomes and higher performances. Liker (2011) for example, postulates that growth strategies are implemented because they enable companies to improve considerably and in a shorter period of time.

business-model-examples

This can be achieved by developing a framework that encourages perpetual growth which in turn, helps a firm achieve some of the following outcomes:

  1. A significant upper hand in operation excellence in a relatively short amount of time.
  2. The development of programs that target and eliminate waste which also result in cost reductions. 
  3. Smoother operations with respect to receiving and delivering orders. 
  4. The ability to adapt to changing markets and consumer needs easier rather than respond from a reactive position. 
  5. The development of a teachable business model that all employees can learn to understand and implement.
  6. The ability to develop a significant competitive edge (Liker, 2011).

In other words, effective growth strategies enable continuous improvements at a firm while eliminating waste. On Wednesday’s post will take a look at how systems play a role in growth strategies with respect to organizational management.

Until then … let’s continue our work together and stay organized!

********

“True stability results when presumed order and presumed disorder are balanced.” — Tom Robbins  

********

References:

Liker, J. (2011). Design for Operational Excellence. New York, NY: McGraw-Hill.