Vision is knowing who you are, where you're going, and what will guide your journey.
Ken BlanchardRead
Values-based business behavior is no longer simply an interesting option - it's crucial to your survival. Once you understand your mission and values, you have a strong basis for evaluating your practices and aligning them accordingly.
Interpretation
Values-driven behavior in business is essential for survival and alignment with mission.
In today's competitive environment, businesses must prioritize their core values and mission in order to thrive. When organizations understand what they stand for, they can effectively assess their practices and ensure that their actions are consistent with their fundamental beliefs, leading to greater coherence and purpose in their operations.
In practice
In a corporate training session focused on ethics, this quote can be used to emphasize the importance of aligning business practices with company values.
Vision is knowing who you are, where you're going, and what will guide your journey.
One of the topics I'm most passionate about is servant leadership - the greatest leaders recognize that they're here to serve, not to be served.
Servant-leader ship is all about making the goals clear and then rolling your sleeves up and doing whatever it takes to help people win. In that situation, they don't work for you, you work for them.
Congratulations offer more potential than cash. The amount of available cash is limited, but managers have an unlimited supply of congratulations. It's important to pay people fairly, but managers also should heap on congratulations and feed people's souls.
If your employees are disengaged, and they don't take care of your customers, it doesn't matter how good your strategy is - your customers will still go somewhere else.
The biggest obstacle that stalls leaders' growth is the human ego. When leaders start to think they know it all, they stop growing.
There are two kinds of businesses: The first earns 12%, and you can take it out at the end of the year. The second earns 12%, but all the excess cash must be reinvested - there's never any cash. It reminds me of the guy who looks at all of his equipment and says, 'There's all of my profit.' We hate that kind of business.
If you don't drive your business, you will be driven out of business.
Cutting prices or putting things on sale is not sustainable business strategy. The other side of it is that you can't cut enough costs to save your way to prosperity.
Today, if someone showed me a five-year plan, I'd toss out the pages detailing Years Three, Four and Five as pure fantasy Anyone who thinks he or she can evaluate business conditions five years from now, flunks.
It is very difficult to get people to focus on the most important things when you're in boom times.
I've said it for four decades - work 'on' your business, not just 'in' your business!
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