The 5-S Structure-
The success of a business venture is based upon the strength
of its foundational pillars. How you organize
your business determines the extent of
your success.
Here are my 5 –pillars ,to guide you when you want to launch
a business, as well as growing your business.
Sort
Sorting means: grouping your ideas to line up with your
vision ,it determines why and how your business is unique ,What and how can you offer the market a
better service? Creating your own brand -in line with your vision.
Let’s say you want to open a restaurant ,and there are a lot
of restaurants around, how do you sort your ideas to publish your Brand-Your vision.
Set
The second pillar is; Setting your business ,at this stage
you move your vision from paper to reality. It’s a practical way of establishing
your fundamental structures.
Looking at your financials , your marketing plan and all
logistics involved in your venture. Set means getting ready to launch your
business.
Making sure that all the foundational parameters are taken good care of-
Reassess your strengths
and your weaknesses ,your advantages and disadvantages.
Develop your self to meet the your business needs.
Prepare for the launch-
Shine
Now you are at the point of launching your business , your
ideas should get to the people in all simplicity.
Wise people know that a good start ends ,with the best
finish-
And it applies very well during a business launch.
Shinning is putting your marketing plan to work, proving to
your customers why they need to do business
with you.
This pillar involves good marketing strategies, that are
implemented to produce results-
To convince your
customers why you are the best.
Standardize.
The forth pillar involves setting a bench mark for your
business ,setting targets on the drawing board.
Laying down clear business operating principles for yourself
and your co workers.
Outline clearly the procedures to be taken in an
decision to be taken ,eg –hiring and
outsourcing services.
All employees should conform to the standards that are
clearly laid out.
Creating business standards creates a One –team Spirit, focus-and minimizes time wasting.
Good standards also improves the quality of your work .
Sustenance.
The last pillar is, sustenance, a high level of quality-
management is required to ensure that the set standards are
always followed.
Entrepreneurs are creators while ,managers are mentors,
managers ensure that that the set
standards are followed.
To run successful venture you need entrepreneurial skills as
well as managerial skills.
Becoming successful
and maintaining success are too
different things. It all counts for hard work and discipline to build a long
lasting empire.
The wise know that success is not an accident, it takes faith ,focus and hard work. These 5 –pillars are
guidelines to keep you focused and help
you build a successful business empire.
Author
Munetsi Zunguzira.
0027732657202.
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