H.I.G.H. F.I.V.E. STRATEGY TO BE SUCCESSFUL IN business

HIGH-FIVE Your way to be successful in any Business endeavor- Simply follow this 8-Step Strategy:

Hiring the right employees/resources: There can be no worst thing as hiring the wrong people for the wrong job. Hiring the right employees/ right resources is the key to have a strong base for the company from the very beginning. Hiring right people will not only reduce your long term costs of operations, but will also make way for efficient work culture where everyone is passionate about what they do and all of them strive to create a better future for the company they work in- every single day.

Instilling company values: Every new job we take, there is little to no instillation of company values and processes- and that’s the reason why so many of the employees who are not well aware with the values and processes, end up doing things their own way- which hampers the overall productivity of the company. Instilling company values every now and then programs the employees minds and keeps them on the right track, as visualized by the company.

Generating Roadmaps: Without a Clear Roadmap, companies and organizations tend to get side-tracked from their actual vision and thus end up reaching somewhere else. A clear, concise Roadmap for each business mission should be created within the company with well defined steps that need to be taken to achieve it. Be it a week-long task or an year-long, Generating roadmaps is the most efficient way to handle any business task with maximum affect.

Hearing about the roadblocks and acting on them: Many a times organizations fail to perform because they tend to ignore the roadblocks ahead of them and are more inclined towards hiding the facts than acting upon them. It takes a lot of courage to hear about the roadblocks from your management / employees / customers and acting on them. But if a company opens itself up to Hearing about roadblocks and begins to act on them, they will clear many passages that would otherwise have hinderance in their natural growth potential. Employees have the first hand information about the actuall roadblocks in the business process and listening to them can lead to breakthrough advances in a Business.

Following up on the tasks- Once a task is set up and delegated to the right people, Following up is the most important things all managers in a company need to do. If a task is given out and there is no follow up from any one, then there is a high possibility that the task will go unchecked, hence possibly leading to irreparable errors. Following up on the tasks ensures that the task that was asked to be carried out is reaching all its checkpoints within the roadmap and has no delay in execution of any kind.

Interacting openly with the employees- One of the major things that leading companies of today are adopting is Interacting openly with the Employees. It is a form of a culture where anyone is welcome to come up and discuss his or her thought processes with the seniors or management. It is the right way of enabling loyalty in your employees, as the more empowered they are to share their thoughts, ideas and feelings about the company, the more loyal will they be for the organization if their voices are heard correctly.

Verify Work of Each Individual- Every individual that you hire in your company should have his work verified by the immediate head. Verification of work means setting up KPIs, checking that an individual is performing as per the goals set upon him by his seniors, checking the quality of work performed, checking the total number of hours taken to complete the task (and comparing it with the average amount of time is takes to complete the same task), are some of the things that organizations must adopt so that they can have a clockwork setup of verifying results of each individual in the company.

Execute tasks by deadlines: No task should be set up to be executed having a particular deadline for it. In this fast paced economy where each business is trying to grow on multiple platforms, there is literally tons of tasks that each entrepreneurial effort requires in order for the businesses to be successful. Executing tasks by deadlines means that if there are N number of tasks that are required to be done at any juncture, there must be an equal N number of deadlines for those tasks as well. Not creating deadlines for tasks is a weakness which should be worked upon by any organization who wants to have a High-Five moment every now and then amongst its employees.
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