A key business management habit that should be encouraged within an organisation is the sharing of ideas, processes and insights. The company has a published plan based on stages for this process (for example; Stage 1 – Ideation, Stage 2 – Assessment, Stage 3 – Feasibility, Stage 4 – Development, Stage 5 – Commercialization, Stage 6 – Sustainment), in order to get the WiWi from one stage to another.
If you have assigned tasks to your employees and everyone is working individually, then you have completely failed their expectations even though the project was completed. Ideation is a part of the WiWi project, but has its own separate time, cost and objectives.
Management achieves its objectives by, with, and through the people. The Ideation Stage Project Manager manages the critical path tasks, people and budget, and in turn delivers the Ideation Stage Project to the Project Customer. Trust your employees to carry out the tasks you set them, and use your talents in business management and leadership to push the business forward.
They are the ones who will find the right people to form a team that will perform the actions necessary to achieve the goals. While this type of business management review is daunting and relatively time consuming, it is extremely important to commence early and in a coordinated manner.
Many organizations will do business with ISO 9001 compliant companies that are not ISO 9001 certified. It is the time of disruptive innovation and brands like Uber and Air BnB have found growth only through great business ideas and business strategies. Business management, in simple terms, is the managing of a business or company.