Friday, May 10, 2019

Team building and small business Essay Example | Topics and Well Written Essays - 2750 words

police squad building and small line of merchandise - Essay ExampleThe present study would focus on the judgment of group building. Team building and self directed workers within the business industry have penetrated everyplace the years. Many businesses around the world ar incorporating the issue of team building their business development. The philosophy skunk team work suggests that business managers mash workers into groups that work cohesively in order to achieve business objectives. If team members are not to be cohesive they will fail to work and lessen business activities, and a non productive team fails to bring benefits to the organization and can easily give out to the collapse of business. It is for that reason that managers are accountable for all factors that ensure that the teams are well managed for effective business production. Successful business managers cognize that building a team spirit is the core for small business development. Team building is base on the daily routines that occur within the small business. Good business team just does not occur on their own they are built by business managers. The notion of building and ontogeny a well structured team is critical to the ongoing survival of a small business. This meaning that the process of coming up with a strong team that can work positively towards achieving the business objectives, leads to development of small business. For the business managers, to develop a good team they have to consider slaying of each individual as they work to achieve business objectives.... Secondly balancing short marches results against long term capabilities, and growth opportunities, third balance performance expectations, and lastly balancing the motives of human behavior. low-spirited business Sustaining business development means adopting business strategies and activities than the need to meet the attainments of the business, and all its stake holders which lead to sustaining and enha ncing the resources that will be needed in the future. Research studies show that successful business managers do percent certain character traits (Stokes, 2006). These character traits do help them take control of their small business, and to ensure that these businesses flash with a lot of success. These small business managers apply different marketing strategies to ensure that they get the purpose market for their goods. For them to achieve a better marketing strategy they need to plan and set hind end goals after which they implement the planned strategy (Fuller, 2006). For these to take place successfully the small business hence requires a well built growing team that is critical to the ongoing process of the small business, therefore, this composing evaluates the statements that building and growing a well structured team is critical to the ongoing survival of a small business Small business face numerous challenges due to in effective worry making the business not t o fit in the difficult challenging markets and cope with the growth patterns in the market. These challenges are normally influenced by the following challenges (Wickhalm 2006). Inadequate accounting systems Poor location Lack of marketing skills Lack of a capital budget Inadequate provision for contingencies Lack of management skills Excessive stocktaking Incompetence

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.