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Are These Ten Business Laws Useful for You?

December 5, 2019

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Photo by Ben White on Unsplash

I’ve had success, failure and success again in my business endeavours over the last thirty odd years.

For the last two decades I’ve been an effective executive coach and have learned that the following ‘laws’ help not only me, but also my clients.

Are they useful for you?

My Top 5 Laws of Business Leadership

  1. Model the values to influence the right culture, because culture is the biggest determinant of success.
  2. Achieve clarity, certainty and commitment by all to the vision, so we know where we are headed and why.
  3. Coach for continuous performance improvement, we love being better.
  4. Treat your people as you would your customers, as you would yourself.
  5. Grow new leaders, because your time is up sooner than you think!

My Top 5 Laws of Business Management

  1. Measure both lag and lead indicators, so we can both advance and measure in alignment with our vision.
  2. Refresh all systems and processes, for they decay rapidly.
  3. Distinguish between growing like cancer versus growing like nature. Cancer grows until it consumes the host then dies. Nature knows there are times to rest, recover and run.
  4. Innovate with customer input, so they will relate to your product or service.
  5. Simplify strategically, so we don’t cut off our nose to spite our face.

If we were to limit ourselves to only five laws, which of the above would you keep?

Which would you replace, and with what?

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