Leading Your Business


Business demands fluidity, which requires leaders to embrace change and take risks. Put simply, if you’re not ready to lead change then you’re not ready to lead full stop. Mark Zuckerberg once said, “In a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks,” and he was right. Leadership is not a static endeavour. Successful managers not only acknowledge the need for business development but also are willing and able to navigate their team through change.

1.Create a plan.

Every business requires change in order to survive. If a company doesn’t innovate and react to changing market demands, it will collapse. But make sure to not to make changes just for the sake of it. Before embarking on a journey of transformation you must have a solid business plan. Identify the areas of the business that need to be updated and put a plan in place for its execution.

2. Understand the end goal.

It’s critical to understand the end goal and objectives before starting out. Ask, Where is the company today and where does it need to be? A change leader must have the confidence and capability to change track, though, if another path looks clearer and makes more sense. Listen to employees, be bold enough to adjust the direction the company is headed toward and dispense with pride if another route makes more business sense. The path for change and innovation is not set in stone. 

3. Communicate clearly.

Communication is king when it comes to corporate change. From Day 1 it’s critical to have all members of the team be behind the leader. Be sure to keep everyone fully abreast of developments and ensure that employees understand the end goal.  Keeping the lines of communication open and involving employees in the change process makes it more likely employees will get on board. Give them the opportunity to share ideas, concerns, comments and suggestions throughout the period of change. Corporate change should be an exciting, rewarding and worthwhile experience, with effective communication being critical.

4. Identify key players.

People react differently to a transformation in the workplace and the leader's duty is to identify change advocates as well as potential saboteurs. Get key players on board from the beginning and take the time to walk them through the anticipated changes.
These team members are likely to be instrumental when new processes are put into practice and can encourage sceptics to participate and help sustain the morale of the rest of their departments.

5. Delegate tasks.

Leading from the front is important. But an individual leader cannot implement change alone. Delegate tasks to individuals across the team and assign firm deadlines for completion. Be sure to follow up with each individual and provide support when necessary.
While going through this period of change, be on hand to answer questions, provide guidance and offer support. By giving people responsibilities, more will get accomplished as others are encouraged to take ownership of the prerequisites for change.

6. Set realistic objectives.

The leader should not set up himself (or herself) and the department for failure. During a period of change it's reasonable to expect key team members to put in extra time and effort, but set realistic targets. If the expectations are too high, not only will quality be compromised but also deadlines won't be met, morale will plummet and people will become alienated.

7. Manage expectations.

The worth of any business leader can be measured simply by analyzing his or her ability to manage expectations. When leading a department through change, managing expectations is more critical than ever. Clarify what is expected from employees, and conversely figure out what they expect from the leader.

8. Hold people accountable.

Hold employees accountable for implementing change. To do that, equip them with the proper tools, talent, resources, responsibility and authority necessary for finishing the race. 

9.Managing Employees

Employee Handbooks
The company employee handbook is one of the most important communication tools between your company and your employees. Not only does it set forth your expectations for your employees, but it also describes what they can expect from the company. It is essential that your company has one and that it be as clear and unambiguous as possible. Make certain that it is written in an understandable language which makes the company's policies accessible.
The company employee handbook and related personnel policies are usually the first formal communication that you will have with an employee after they join your team. Make sure the first impression is a good one. Similarly, in the event of a dispute or poor performance review, this will be the first place that the employee turns.

What Should an Employee Handbook Include?

The most effective employee handbooks cover the following topics

  • Non-Disclosure Agreements (NDAs) and Conflict of Interest Statements
  • Anti-Discrimination Policies
  • Compensation
  • Work Schedules
  • Standards of Conduct
  • General Employment Information
  • Safety and Security
  • Computers and Technology
  • Media Relations
  • Employee Benefits
  • Leave