[Management Column Vol. 110] Let's Become Executives with a High Management Awareness

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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 second or third-generation leaders. Additionally, feel free to contact us with any questions or inquiries when putting this into practice.

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For a company to continue growing, it is essential to have executives who share the same management mindset as the top leadership. There are four necessary conditions for this: 1. Aligning direction with the top Develop the habit of considering how the president would make judgments, including the background and objectives behind those decisions. 2. Performing at a higher level Delegate tasks to subordinates instead of taking everything on oneself, allowing executives to focus on management challenges. 3. Cultivating strategic thinking Clarify what needs to be done and always be aware of NOW (current responsibilities), NEXT (the next step), and NEW (future challenges). 4. Developing a sense of balance Assess the balance between offense and defense (sales and profits, profits and expenses, assets and liabilities), environmental changes (market, demand, competitor trends versus the company), future and present (future vision versus current reality), and management resources (efficient balance of people, goods, money, and information). Executives are not merely department managers. They should have a broad view of the entire company and act as the embodiment of leaders who create the future alongside the top management. Next time, I will discuss "anticipatory management."