Business consultants are always eager to offer up advice about what business owners should do, and what they should avoid doing. The short and sweet of it is this: Business owners should always stay actively engaged in the day-to-day operations of their enterprise.
It’s less about management style and more about engagement. Business leadership spans the full spectrum including a laissez-faire approach through autocratic management styles. Depending on the nature of business operations, one may be more conducive to productivity than another, although this is not ironclad.
In management school, they teach that planning, organizing, leading, and controlling (POLC) are the core tenets of effective business management.…
Continue reading