The Facts of Business Life (51 page)

BOOK: The Facts of Business Life
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benefits of
building/maintaining teams
by example
common goals and
company cultures and
defining reality
determining objectives
in exiting transition
maintaining success
motivating employees
ownership and opportunity
realities of
self-analysis
survival to success level
in team building
vision for

The Leadership Challenge
(Kouzes and Posner)

Lombardi, Vince

Long-term plans

Lovell, James A.

Low-hanging fruit

McDonald's

Maintaining success (Level 4)

accounting and finance
achieving objectives/goals
analysis, planning, and implementation
asset protection and
attracting the customer
benefits of control
benefits of knowing business
benefits of marketing
benefits of protecting assets
building/maintaining team
business knowledge and
control of employees
control of information
control of processes
control of product
how company competes
how company operates
information gathering
keeping the customer
leadership and
management and
marketing and customers
marketplace as war zone
planning and people
products or services that you sell
protecting people
protecting products or services
selling the customer
successful owner
tangible and intangible assets

Management

competitive analysis
exiting a business
financial performance and customers
leadership and
processes/procedures

Managing for Dummies
(Nelson and Economy)

Market information

Market share

Market turf

Marketing

assessment of opportunities
at ownership and opportunity level
benefits of
costs and
creating company's DNA and
customers and
elements of
from survival to success
internal marketing
macro concepts of
maintaining success and
monitoring the results
moving on level
niche marketing
realities of

Marketing research

Marketplace reputation

Marketplace as war zone

benefits of understanding
creating company's DNA
financial strength as defense
from survival to success
how business competes
how business operates
maintaining success
moving on and
ownership and opportunity level
products or services for sale
realities of
understanding of

Mental concept

Microsoft

Mission statement

Moving on (Level 5)

accounting and finance
achieving objectives/goal
analysis, planning, and implementation
asset protection
attracting the customer
benefits of control
benefits of planning
business knowledge and
control of employees
control of information
control of processes
control of product
employees and
gathering information
how business competes
how company operates
keeping the customer
leadership and
management and
marketing and customers
marketing research
marketplace as war zone
planning and people
products/services you sell
protecting employees
protecting products/services
protecting tangible/intangible assets
questions for consideration
selling the customer
successful owner
succession process
teams and

Nelson, Bob

Net profit

New market entrants

Niche markets

Nike

Objectives

On Becoming a Leader
(Bennis)

Opportunities

evaluation of
finding right opportunity

Opportunity evaluation

Ownership control

Ownership and opportunity (Level 1)

achieving objectives or goal
analysis, planning, and implementation
asset protection
attracting the customer
benefits of knowing business
building/maintaining a team
control and
control of information
control of people
control of processes
control of product
customers
developing the individual
finding right opportunity
gathering information
how business operates
keeping the customer
knowing the business
leadership and
management and
marketing and
marketplace as war zone
people and
planning and
products or services you sell
protecting employees
protecting products or services
risk vs. reward
selling the customer
tangible/intangible assets
without leadership

People.
See Employees

Pfizer

Physical concept

Planning

analysis, planning, and implementation
art and science of
benefits of
determining where business is headed
employees and
goals and objectives
information gathering
long-term plans
moving on and
people and
realities of
as science and art
short-term plans

Planning levels

Policies and procedures

Posner, Barry Z.

Potential buyers, criteria for

Preparing for the future

Price strategy

Pricing

Process control

Product control

Product/services, protection of

Profits, as sufficient

Quality definition

Real estate assets

Return on investment (ROI)

Risk

Sales information

Self-analysis

for ownership fit

Selling process

Services

Seven Habits of Highly Successful People
(Covey)

Share sale

Short-term plans

Social media

Strategic planning

Strengths and weaknesses

Successful owner

Succession plan

Survival to success (Level 3)

accounting and finance
achieving objective or goal
analysis, planning, and implementation
benefits of control
benefits of planning
benefits of protecting your assets
building/maintaining a team
business knowledge and
business owner
control of information
control of people
control of processes
control of product
employees
how business competes
how company operates
leadership and
management and
marketing and the customer
marketplace as war zone
planning and
product/services you sell
protecting people
protection of assets
protection of product/services
tangible/intangible assets

Takeover

Tangible/intangible assets

ownership and opportunity

Teams

binding elements/chemistry of
building/maintaining of
creating atmosphere for
developing individuals in the company
exit plan and

Threats

Tickle process

Training

Vision

Walton, Sam

Warrior mentality

Working smarter

X factor

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