Strategies for Managing Directors

2017 - THE YEAR OF COMMON SENSE - PART ONE Kim Radok January, 2017

It is said that common sense is not so common these days. Perhaps there is something to that thought when you review what business people are doing.

As a business owner or senior manager, perhaps now is the time to reconsider making 2017, "The Year of Common Sense".  Why not; almost every year seems to be designated for something these days.

One of the hardest things to do is to accept the reality of what is happening around you and find a way to make sense of it to benefit your business aspirations. This year will be no different, as turbulence in the business environment is now the new normal.

So, where would a business owner start thinking and applying the rule of common sense to their business operations?

My first focus, would be on self. We are often told to work on our business, not just in our business. Business can be a lonely place and we often act the same old way because it is comfortable, even if not the best way of doing business. Therefore, perhaps it is time to work on yourself in an effort to be a better business person.

From there, I would look at how you sell and then get paid for your goods and services. If you are not sure how to move forward. find a range of mentors who can help. Do not be afraid to ask for advice from marketing or sales, credit or accounts receivable, accountants or risk management professionals. To be a better business person you need to seek assistance in those areas of business where you are not so comfortable or lack essential skills.

Once you gain greater confidence and understand how business really works, then you gain an understanding on how important common sense is in business.

In my next blog, I will provide specific examples you may wish to consider where a common sense approach soon becomes evident in growing a more successful business.

If you would like to know more about how common sense is a vital part of business success, contact

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