All of us are trained to work for successful organizations. Our business schools prefer to use cases of companies to teach us business management. In most of the cases we are taught about the "a rise and fall of organizations". We are hardly taught on how to create jobs or wealth but how to work for somebody or a group of people who have created jobs or wealth.
The following is the corporate evolution process to point out the missing steps.
1. Founder and His Dream
The first step is the dream or the vision. Behind the dream or the vision is a man. The vision will take its root from the personality of the Dreamer. His culture, the core ideology or what is usually referred to as "purpose and values". He must first establish what he wants to do which can make him happy. This is the dream or vision that must be turned into reality to create wealth.
2. Capital Formation Setup
This is the stage at which a structure is put together including the "seed capital" to actualize the dream. This does not mean that at this stage you must have "cash". Your capital may be "skill, gift, credit worthiness, goodwill, friends, customers" or things in lieu of cash. This is the stage at which if you do not have all those listed above, there may be need for you to work for somebody and SAVE some money for a certain period before you go back to your dream. But it is important to know at this stage that "your dream cannot die". Many people like to use this stage as an excuse to keep their dream somewhere. But since the dream is yours, nobody can actualize it like you. Joseph dreamt and it came to pass. Martin Luther King dreamt and it came to pass. It is always wrong to use capital as an excuse. You have to work and create the capital.
3. Slippery Stage
This is critical survival stage when the organization will crawl, walk, stumble, fall, rise, fall again and finally stand firm. This is the stage during which faith, persistence and tenacity of purpose will see you through. It is not an easy stage. More than 90% of companies do not pass this stage. That is the reason why jobs are scarce.
4. Success Stage
This is also known as the maintenance stage. Our educational curriculum is designed to prepare us for this stage. The general idea is to educate us well to be suitable for successful companies to employ us. This may explain the reason why many of the founders of great companies "successful or unsuccessful" are bold and daring people with little education. Asa Candler, the founder of a big industry was a clerk in a drug store.
5. Creative Stage
This is an interesting stage. This is the stage when consultants begin to show interest in your business, especially when you are becoming famous. This is the stage when they will sell ideas such as "expansion, diversification, re-engineering and acquisition" to the organization. This is the stage where globalization will interest the company. Weak managers must not be hired to man the pinnacle at this stage. They may run company down.
The following is the corporate evolution process to point out the missing steps.
1. Founder and His Dream
The first step is the dream or the vision. Behind the dream or the vision is a man. The vision will take its root from the personality of the Dreamer. His culture, the core ideology or what is usually referred to as "purpose and values". He must first establish what he wants to do which can make him happy. This is the dream or vision that must be turned into reality to create wealth.
2. Capital Formation Setup
This is the stage at which a structure is put together including the "seed capital" to actualize the dream. This does not mean that at this stage you must have "cash". Your capital may be "skill, gift, credit worthiness, goodwill, friends, customers" or things in lieu of cash. This is the stage at which if you do not have all those listed above, there may be need for you to work for somebody and SAVE some money for a certain period before you go back to your dream. But it is important to know at this stage that "your dream cannot die". Many people like to use this stage as an excuse to keep their dream somewhere. But since the dream is yours, nobody can actualize it like you. Joseph dreamt and it came to pass. Martin Luther King dreamt and it came to pass. It is always wrong to use capital as an excuse. You have to work and create the capital.
3. Slippery Stage
This is critical survival stage when the organization will crawl, walk, stumble, fall, rise, fall again and finally stand firm. This is the stage during which faith, persistence and tenacity of purpose will see you through. It is not an easy stage. More than 90% of companies do not pass this stage. That is the reason why jobs are scarce.
4. Success Stage
This is also known as the maintenance stage. Our educational curriculum is designed to prepare us for this stage. The general idea is to educate us well to be suitable for successful companies to employ us. This may explain the reason why many of the founders of great companies "successful or unsuccessful" are bold and daring people with little education. Asa Candler, the founder of a big industry was a clerk in a drug store.
5. Creative Stage
This is an interesting stage. This is the stage when consultants begin to show interest in your business, especially when you are becoming famous. This is the stage when they will sell ideas such as "expansion, diversification, re-engineering and acquisition" to the organization. This is the stage where globalization will interest the company. Weak managers must not be hired to man the pinnacle at this stage. They may run company down.
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