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Created on: January 23, 2009
Companies today have a flaw that's been growing for centuries: delegating. The heads of companies and various CEO's are constantly questioned about their conduct and work ethics. Their only answers are reports passed up to them from lower subordinates, and when questioned about such details they have no clue. The business head or CEO has to get out of their office, and get their hands "dirty" with the details of their job, and in the present business structure, they don't.
The Nitty-Gritty
The nitty-gritty details of a business are the details that drive a company forward. From the purchasing to the customer service, breaking down the responsibilities of each money making part of the job should be overlooked by the CEO. The details should be from weekly to monthly and in great detail, not a report that "sums it all up" by someone who is paid an hourly wage to fill reports and compile them. Whether a dollar is lost, or millions are lost, it should have been recognized by the head of the company before it gets out of hand. The problem, there-in lies.
High executives are too busy earning a salary even as a business goes under, that is a grave mistake. A business head should be more involved in their business. The "foreword movement" should always be steady. If the executive has the ability to control the entire business structure rather than delegating to lower subordinates, the problems would be minute in comparison. Why? The details are updated weekly, and by knowing all the details of that business and seeing where exactly the money is lost or is going, it can fixed before getting out of hand.
The Solution
The business needs to rely on all it's workers. Even Henry Ford knew everything about his company. From the floor plans, to the machinery and each function. By understanding the smallest and greatest details of the business, success is imminent. Asking workers for input on how to speed up work, change the way something is manufactured, etc. These little details can help push a company foreword. The problem is, the cushy chairs in the office are too comfortable. With university plaques on the wall, the failing companies CEO just looks on with a "better than thou" attitude. If it was me, I'd fire him.
A business has to be loved by the persons running it. Whether they give thought to the workers who rely on their jobs to feed their families, or the fact that they want to be successful themselves. The foreward movement of a business is the only direction it should be going. Enhancing it's products, improving manufacturing, lowering expenses, chasing the numbers, and bringing lower prices to the customer. Businesses today, except in the computer industry, seem to lack on these necessities. From the medical field to the automobile, we should be moving ahead and far more advanced than we are today.
The struggle that stands in our way, is the oversight and regulations that drive the costs up for businesses to even get off the ground. Legislation needs to lose their grip, and companies need to push foreword rather than holding themselves back with the fear of demise. Lower costs, convince the companies that they get their supplies from to lower costs. Then, and only then, can the business thrive in any economy. Todays companies need to step out of the box, don't just look at things and accept the cost for doing things. Try to lower it through negotiation, even with the threat to take business elsewhere. There is a very good reason why the computer industry will thrive infinitely, they keep the costs going down. That is the very core reason why companies are failing today and the need for inner change is very apparent.
Learn more about this author, Marshall Brown.
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