Wednesday, May 18, 2016

Dr Maurice Pisciottano-Factors to consider for effective business management






Introduction 

The success of any business is determined by the quality of management. To manage anything means that you need to acquire various skills to help you through as stated in the Grow with Dr. Moe educational program. A properly managed business does not only make the business owner successful but also those around him/her. According to Dr Maurice Pisciottano, there are various factors you need to consider for you to effectively manage your business. They include:

a) Communication
Communication is the foundation of any successful business. The effectiveness of communication between business owner, customers and those you are working with. Creating a good relationship requires effective communication skills.

b) Personnel management
This refers to the management of those rendering services in your business. In a Mechanical Motion Therapy, proper management encourages your staff to be more productive and be more enthusiastic when performing their duties. Fair payment of salaries and giving those allowances and bonuses as appreciation packages helps your business to be more successful.

c) Resource management
This is how well the resources available are managed. Resources include goods or services for sale, capital and profits made. This also includes production management. This means you have to have set strategies to ensure production makes profit and you have planned on how the profits will be invested either back into the business or otherwise. This will ensure growth in the business as well as the owner.

Conclusion  
One of the most common mistakes that businessmen make is mostly in the area of management. Some it’s due to lack of enough information while others it’s out of ignorance. Dr Moe Pisciottano notes that if more emphases were put on learning the skills of business management, success in business is a guarantee to anyone. These factors if well applied will help you run your business successfully and enable those around you to grow as you grow.

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