Strategy + Structure + Conduct = Performance
Could success in business be reduced to a simple formula?
Perhaps each component of this formula embodies the critical elements that drive success. And perhaps without all three pieces of the formula, the other two simply do not have enough inertia to carry a business to success.
After looking closely at more than 1,000 businesses over the past four decades, after analysing what makes some businesses successful and why some come up short, after helping countless business owners understand and appreciate where and how they can improve, and watching them succeed, I reckon this formula has merit.
1. Strategy
It seems obvious… and every business owner knows that they need to take time out from their day-to-day routine to look objectively at their business.
Founder of Platypus Junction Group
11 个月Yes????