This is a column written by our representative, Kazuaki Sawada, detailing the insights he has accumulated in the field of business revitalization, management improvement, and bank relations.
The related link this time is "The Reasons Executives Do Not Act for Overall Optimization." The content, which involves the president showing the policy and criteria for judgment, and supporting execution by delegating roles and authority to executives, connects to the idea of "working together until the person in charge becomes independent, even after deciding on a new business."
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Please use this as hints for management decisions, such as building a management foundation, improving management quality, cash flow management, bank relations, business succession, and restructuring after the appointment of the second or third generation. Additionally, feel free to contact us with any questions or inquiries when putting this into practice.
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A harsh business environment can become an opportunity to create new ventures if we shift our perspective. The president of Company K, who is skilled at launching new businesses, emphasizes the following two points: 1. The president decides what to do. While leveraging the wisdom of executives and employees, the president himself clarifies "what he wants to do" and "why he is undertaking it," and determines the direction. 2. Move together until the person in charge becomes independent. Instead of completely delegating the new business, the president also engages on-site to support problem-solving and execution. New ventures do not grow merely by presenting a concept. It is crucial for the president to articulate the purpose and create a system where responsibilities can be entrusted while working alongside the person in charge. Related article: Reasons executives do not act for overall optimization https://www.consulting-network.jp/column-23-executives-overall-optimization Next time, I will share the "strategy of discarding."
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Our company is a group of professional consultants who value practical insights born from responding to corporate needs. With practical management know-how and a strong belief, we solve management challenges and achieve everything from startup support, reconstruction and revitalization support, growth expansion support, and business continuity support to building a solid management foundation.
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