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Mastery of business systems
We all know the McDonald's model of doing business and its success. Let's now look at it in more detail. McDonald's is in the fast food industry. It has a system for making the food exactly the same every time. It also has a system for the restaurant layout, management, supply management, accounting and anything else a business needs to run smoothly. Here comes the interesting part. McDonald's is run by teenagers. Its success isn't contributed to how smart kids are these days. Systems are responsible for any and all of its good fortune. The reason why teenagers are able to run it, is simply because those business systems tell them how to, at every step of the way.
In order for a business to be really successful, systems need to be put in place that will make this business efficient and profitable, regardless who's running it, otherwise this business becomes just another J.O.B..
We always must seek a balance between innovative spirit, creativity and logical, practical approach to doing anything - especially in business. This applies pretty much anywhere else in life as well. Business systems are just another example of this principle.
New Word of the Day
Here some more articles:
- Another great story
- A story of business success through a great idea.
- Open Call For Project MastermindX
- We are building the biggest mastermind group in the world.
Based on the post about the power of mastermind groups, I had a great idea of putting together biggest mastermind group in the world. Just imagine what kind of power this kind of undertaking could bring to its participants. Can you say a ?think tank on steroids?.
Some great reads:
What do you think?
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