The Small Business Forum
Prologue (contd)
- The problem of SMEs is not finance or access to credit, as some seem to think. Finance or resources is the last thing you think about after the market, interest and skills.
- The challenge in management is to identify employees’ strengths and motivate them to improve for the mutual benefit of both the organisation and the workers themselves.
- Delegation is crucial for business growth.
- Technical skills alone may not lead to business creation. It requires entrepreneurial skills.
- Integrity is key to sustainable success in business, and may be described as “The Big I.” It may be defined as “What you do when alone and completely certain that nobody has any chance of ever finding out what you did”.
- Among employees, it is better to have a total incompetent than a person of no integrity. The latter could do more damage to the organisation than the incompetent could ever do.
- Some things are by fate or misfortune; integrity is by choice. It is also by role modelling. Your workers are likely to act with integrity if they observe you doing so.
Comments, Questions and Suggestions welcome.
drkibuka@thesmallbusinessforum.co.ke
+254-729524219
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