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Business Book Guide - Literature review Example

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Summary
This paper describes how the book equips the user with the ability to face the various business situations by comparing them to real life do or die scenarios faced by trainees in the armed forces and how it helps the reader to overcome personal inhibitions and limitations to achieve the desired business…
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Business Book Guide
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Download file to see previous pages Once you have full commitment from your own self, it is important to trust others as everything cannot be achieved by your efforts alone. We are social beings and cannot work individually all the time. In a business scenario, our partners are our clients, our team members, colleagues from other departments like IT and finance, external suppliers and so on. Hence, any business operation can work well if its members work as a team of individuals who trust each other. As a pilot depends on his team member to provide him the support system to take the right decision while keeping the focus on flying, in the same way, a business manager needs support from other departments and team members. If he doesn’t trust any of the partners, say team members, he might overburden himself with unnecessary responsibilities which others can perform. This might leave him with no time to focus on other important tasks which he alone is good at.
More action than words
           Once complete trust has been achieved, it is important to embark on action plan rather than focus only on keeping oneself and others motivated. Motivation without action does not stand through the test of time. One needs to resolve to act to achieve the business goals keeping the following important key performance ingredients in mind: Consistency of effort is the key to success in any business case. If, as a manager, you are publishing sales data on a weekly basis to drive sales, then it is important to carry on with this activity consistently over a long period of time even after achieving particular target sales level. Any deviation from this would lead to the non-achievement of the required goal. All hurdles that come in the course of following a set action plan to achieve a target should be faced with confidence and presence of mind. You need to think out of the box solutions for the problems you are facing. All your efforts should be focused on achieving the desired goal and this focus should be maintained until the end. ...Download file to see next pagesRead More
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