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New! Management Related Articles by M1 Affiliates
(new articles added bi-monthly)

Winning@Business
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A simple effective strategy and a management process that gets everyone working together to grow your business is the result!

Winning@Retail -
Stocking only the mechandise that will sell is crucial to avoiding costly markdowns. Winning@Retail can give you the purchasing edge.

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All the World is a Stage

Peter Drucker, the renowned marketing expert who recently passed away, explained the unique position of the bystander to a business. Like a theatergoer watching a live performance, a bystander has the freedom to act and a perspective that is not available to the people putting on the play. A bystander can talk with owners and employees in ways that they cannot talk with each other. A business consultant is -- and must remain -- a bystander to the business. That is a significant part of the value he brings to a company.

Often business owners are convinced that they are growing their businesses effectively and have no need for a bystander. They fail to see the story their
employees are seeing. They attribute their own success to their personal brilliance and not to a rising economy or market. When the market turns, the economy
drops, conditions change, competitors appear on the scene -- these are the plays that will close. The audience will leave. The bystanders will have gone long ago as they saw the real situation occurring outside the theater.

The businesses that listened to the bystander adapted, adjusted and conformed to the new situations. These are the plays to which the audiences have gone to enjoy the show!


Management One® -- Reaching around the Globe

Management One® continues to grow geographically and now has a presence in England. M1 is in nearly every state and has extended its influence in five countries. Why is it that the Winning@Retail and Winning@Business processes are so successful and spreading worldwide?

Many small businesses are originated based on the owners' skills and dreams, and the attempt to make it work comes after the fact. Management One® products are based on experience and what makes companies successful. The structuring is based on a skeletal framework and, from there, with each individual client, the flesh is added to the skeleton. The process is consequently customized to match the needs of each organization.

Over the years, Management One® has helped a very wide spectrum of organizations function at a higher level and aided in their increased success. These groups range from Fortune 500 companies to high school football teams, from large retailers to small shop owners and from lumber companies to funeral homes. The wide assortment gives credence to the strong processes that bolster an organization's basic structure.


You must be a Cheerleader!

The good news is you don't have to wear a short skirt and wave pom poms in the air. You have to be a different sort of cheerleader as a manager or an owner and it is a very important role within your business. Management One® teaches measurement and accountability, but without the encouragement and recognition of what is going well, the process can take longer to implement. Positive reinforcement works.

It is critical to measure and use the measurements to reward those who are doing well. That may mean recognition in a newsletter, sending letters of congratulations home so the whole family can see the accomplishment, maybe taking successful people to dinner or even a pizza party in their honor. Rewards do not have to be huge bonuses or costly actions, rather small, meaningful expressions have a profound impact. People will repeat behavior that is recognized and rewarded. Visibility by the owner is valuable. Everyone likes positive feedback. Unfortunately this is one action that cannot be delegated -- you have to do it, often and well. Go team!


Quote of the Day

"HAPPY HOLIDAYS TO EVERYONE!" -- Evan Wise and Marc Weiss, Managing Directors of Management One®

 

Copyright Management One 2005