How to run business successfully

You need to undertake some activities like Planning, Organizing, Leading and Controlling (POLC) for the purpose of archiving a goal, this is called a strategic management.

First, you need to set a goal and plan how to achieve them. Activities can be planned to achieve long-term goal (eg: become market leader within 10 years) or short- term goal (eg: increase sales by 5% this year).

Next, you need to organize your employee and other necessary resources to carry out the plan. For example, you can design some tasks to your worker and set the due date of the task to them to so that they can help you to achieve the goal. It is necessary that to develop an organization structure so that your employee know who they should approach whenever they face bottleneck.

Followed by leading process. Whenever your employee is lack of motivation in work (maybe because they are having some argument with other colleagues). The supervisor or manager will need to motivate his/her employee so that the employee will be motivated to work. For example, by giving them year-end team bonus if they can achieve the target that set for that year.

Lastly, for the controlling process, you need to compare the actual result with the targeted plan. If employees are achieving the target this year, then it will be good. However, if your employees cannot hit on the target, you will need to take some action (maybe you can discuss with them why they can’t achieve the target and maybe because your expectation is too high) so that you can set an achievable goal for next year. This will let your employee will feel that they are valuable to work for the company (because you listen to their voice) and they will work more harder next year.