It’s a big dream for every entrepreneur is to build a great business empire with long lasting growth and effective working environment,but in practical world for most of the entrepreneurs it remains a dream even thought they are masters at their respective fields.The main reason for this is they solely depends on people.
For building long term business organisations the main strategy to consider is building systems with core values from the initial stages of business and ensure that the organization’s people following them consistently and efficiently.
People may come and may go depending on their desired remuneration,own skill and competency but the systems are constant,in fact those are the backbone for any business organisation.The life of one business house is equally proportional to the quality of systems developed by the entrepreneurs.Entrepreneurs who are celebrated as the successful and inspirational are the one’s who developed value based systems and who transforms their people according to the systems.
It’s more important to remember that mere development of systems is not necessary but make sure that those are effective,value based,transparent and easy to follow.For knowing the status it’s recommended to implement internal control and checking systems in timely manner.Both internal control an checking systems should be suitable to the nature and size of the business organisation.
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