4 Business Actions To Achieve Lasting And Positive Alterations

From this post in YFS, Stuart Hayes explores the key elements of great leadership and how these aspects work together to produce positive and lasting change. As an experienced leader, he utilizes this formula to deliver the transformation involving a practical four step procedure.

1st ACTION -- ASK THE HARD QUESTIONS

ACTION 2-- FEELING THE MOTIVE

ACTION 3-- DESIGN A SIMPLE PLAN OF ACTION

ACTION 4-- ACCOMPLISH POSITIVE & SUSTAINABLE CHANGE

And after considerable detail on these four points he sums up making positive change to your business like this:

Notably, as leader, the code of conduct or 'context' you establish around your team and also its behavior is fundamental to their capability to stick together and achieve outcomes.

Why a Business Plan is Important

Many young people starting a business usually do so as a gut feeling. It is good to be inspired but there is more to business than just happy feelings. You need a plan. This is where it also gets hard as many do not believe they need a business plan when they are so sure of themselves.

Recently someone asked me why they needed a business plan if they were getting all the funding they needed from friends and relatives. It sounded to me as if they were thinking of a business plan as just a fund-raising tool. In fact, a business plan is much more than that: It's a tool for understanding how your business is put together.