Monday, June 6, 2011

Question on Running a Business per the WSJ

Question:
Soon to embark upon a new, Senior level managerial position with a new company (employer), what are the three (3) most important objectives that one should seek to achieve in their first 90 days; and why?

Answer:
1) Learn the business. Understand the financials, operating statistics and competitive advantages of each and every strategic business unit; 2) Build personal relationships with key business and functional leaders, particularly your peers and boss(es); 3) Determine the critical strengths, weaknesses, opportunities and threats among your department staff, particularly, the leaders. These are the top three; I think the reasons why are obvious.


Comments, Corrections, Omissions, References
Note 1. The above was posted recently on an online forum of the Wall Street Journal. This would seem appropriate advice to any new board member. After all, being on the board of managers of an HOA is achieving a senior managerial position in a business, isn't it?

No comments:

Post a Comment

Please leave a comment!

Note: Only a member of this blog may post a comment.