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A dreamer to the core. A thinker. A writer. A marketer. A poet. A management guru in the making! A keen observer of business, organizations, leaders, society, economic environment, consumers, and innovation. A confirmed maverick who loves to turn conventional wisdom upside down!

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Thursday, March 30, 2006

Entrepreneurial Gyan

Some entrepreneurial gyan from Eric Flamholtz, author of Growing Pains, is posted on The Entrepreneurial Mind blog. Read the full post here.

Snapshot of the gyan:

"What you can't measure, you can't manage."

Set a specific quantitative goal for your business and develop a plan to get there.

Niches are not always small -- they are defensible positions within a market.

A mission should have a qualitative and a quantitative component.

Companies compete not just with products and within markets, but through their operating systems, management systems, and culture.

"You make your own luck by being prepared."

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