Saturday, December 17, 2011
Monday, November 7, 2011
Nigel Brooks, LLC announces two service lines for enterprises and individuals
Phoenix, Arizona, November 07, 2011 -- Nigel Brooks LLC announces two service lines: the Hi-Spot Review program for enterprises, and the Achieve Plan B program for individuals. The Hi-Spot Review program is a mini-strategic planning project to determine responses to events, ideas, or activities that impact markets, products and/or services, revenues, profits, and financing. The Achieve Plan B program helps individuals develop multiple income streams in uncertain times.
"The mission of Nigel Brooks, LLC is to enhance the livelihoods of enterprises, and both the personal and professional lives of individuals, by helping people reach their goals," said Nigel A.L. Brooks.
For enterprises, the mission is achieved through the Hi-Spot Review program. The name means "high level and focused" - derived from the phrase "high level strategic plan for opportunities and threats." The Hi-Spot Review program is of particular value to businesses in the construction, financial services, hi-tech, manufacturing and distribution, merchandising, professional services, and transportation industries.
A Hi-Spot Review is both diagnostic and prescriptive. The review consists of a quick situation assessment and a project definition that sets direction for positioning or reengineering a business. "The result determines the solution to a specific opportunity or threat that can be enacted immediately through one or more implementation projects," Brooks emphasized. “Hi-Spot Reviews are appropriate for revenue enhancement, expense reduction, and hence, profit improvement.”
For individuals, the mission is achieved through the Achieve Plan B program by applying the "individualpreneurship" discipline - the notion of an individual as an enterprise. Individualpreneurship is a mindset for income generation for the fully-employed, self-employed, under-employed, and unemployed, whether working for somebody else, for themselves as sole-practitioners, while planning the next ventures, or just in-between opportunities. "Individualpreneurship is focused "multipreneurship, " Brooks suggested.
"The individualpreneurship discipline embraces the "enterpriship" disciplines of entrepreneurship, leadership, and management, which apply to every individual in business, whether fully-employed or not," Brooks said. "Understanding enterpriship disciplines is extremely important for success as both an employee and as an entrepreneur/business owner."
In the corporate world, leadership and managerial capabilities are essential for advancement through the ranks. Thinking and behaving as an "individualprise" helps an individual perform better for their employer, especially in an executive capacity, because they understand the concepts of income generation and expense, asset, liability, and capital management. For visionaries in the corporate world, intrapreneurial capabilities are also important for enacting change.
The Achieve Plan B program is delivered through mentoring and coaching programs to individuals, primarily over the internet, and by the seminar program entitled "Secrets of Individualpreneurship - Building A Sustainable Self-Reliant Career." The mentoring programs include the "enterpriship" disciplines, understanding personal styles, and understanding individual competencies.
“Recognizing the problems with the economy, and how unprepared individuals are for the uncertainty of the future, I am offering my entrepreneurial, leadership, managerial, and marketing knowledge and skills to help others,“ Brooks said.
Nigel Brooks, LLC was founded in 2008 and provides strategic management consulting, executive coaching and mentoring, professional training, and motivational speaking. It develops entrepreneurial, leadership, and managerial competencies to achieve performance excellence through business leadership development from vision to value.
For enterprises, more information about the Hi-Spot Review program can be obtained at: www.hispotreview.com.
For individuals, more information about the Achieve Plan B program can be obtained at: www.nigelalbrooks.biz.
Nigel Brooks LLC's intellectual capital is published by The Business Leadership Development Corporation: www.bldsolutions.com.
Thursday, November 3, 2011
Saturday, October 15, 2011
BLD Announces New Ebook: An Introduction To Individualpreneurship - The Individual As An Enterprise
The Business Leadership Development Corporation (BLD) announces the publication of its ebook "An Introduction To Individualpreneurship – The Individual As An Enterprise."
www.individualpreneurship.com
The individualpreneurship discipline and the notion of an individual as an enterprise (individualprise) must be of interest to anybody who wants to advance as an employee into a leadership and/or managerial capacity, be self-employed as an independent contractor or freelancer, be an entrepreneur/business owner by transforming innovative ideas into value by starting and operating an upwardly mobile enterprise that is focused on capturing large markets, or a lifestyle enterprise in local communities, such as a restaurant or a retail business, manage their own investments.
Individualpreneurship is a mindset for income generation for the fully-employed, self-employed, under-employed, and unemployed, whether working for somebody else, for themselves as sole-practitioners, while planning the next ventures, or just in-between opportunities. Opportunity is just beyond an individual's comfort zone, and the individualpreneurship discipline provides the framework for capturing it.
"The book is quick and handy reference guide," said Nigel A.L. Brooks, President of The Business Leadership Development Corporation and managing member, Nigel Brooks, LLC. Brooks is an individualpreneur, entrepreneur, business owner, management and marketing consultant, motivational speaker, and expert author.
"Establishing the individualpreneurship mindset enables an individual to exert more control over all of their income generating activities, whether fully-employed, self-employed, under-employed, or unemployed," Brooks added.
The ebook is augmented by the Understanding Personal Styles webinar and the Individual Competencies Assessment:
www.understandingpersonalstyles.com/webinar
www.individualcompetencies.com
The individualpreneurship discipline embraces the enterpriship disciplines of entrepreneurship, leadership, and management, which apply to every individual in business, whether fully-employed or not. Understanding enterpriship disciplines is extremely important for success as both an employee and as an entrepreneur/business owner. In the corporate world, leadership and managerial capabilities are essential for advancement through the ranks. Thinking and behaving as an "individualprise" helps an individual perform better for their employer, especially in an executive capacity, because they understand the concepts of income generation and expense, asset, liability, and capital management. For visionaries in the corporate world, intrapreneurial capabilities are also important for enacting change.
"For those seeking employment positions, recognizing that a job search is a marketing campaign, just as for a business, improves the likelihood of a satisfactory result," emphasized Brooks.
Simultaneously, with the launch of the ebook, Brooks is announcing "Individualpreneurship" as a new area of practice that is aimed at helping individuals develop multiple sources of income in uncertain times.
"This area of practice is aimed at people who have previously been employed, but are now interested in entrepreneurship, business ownership, and/or contracting, who have little to no prior experience in self-employment," Brooks explained.
The economy is restructuring, and trends in globalization and information, process, telecommunications, and transportation technologies are causing a complete change in the way that individuals will earn income in the future," he said. "In the future, there will be a small number of very large global companies and a larger number of specialized boutiques that both offer employment to qualified individuals. Beyond that, there will be a very large number of individualprises, consisting of individualpreneurs who provide services as independent contractors to other enterprises, market products and/or services for others, and deliver products and/services directly. Many of these activities will be performed over the internet by webpreneurs.
Nigel Brooks, LLC will be offering mentoring and coaching programs to individuals, primarily over the internet; BLD will be offering publications and seminars as part of the Nigel Brooks Seminar series.
Brooks has substantive experience in business and technology strategy formulation and planning, organizational reviews, and performance assessments in both North and Latin America, Europe, and Asia-Pacific through prior roles at E2020, American Express, Booz Allen Hamilton (now Booz & Co.) and Andersen Consulting (now Accenture). He was also president of Javazona Cafes, Inc. - an award winning European-style gourmet coffee and catering business concept. He was a pioneer in the field of ecatering.
The mission of both enterprises is to "enhance the livelihood of enterprises, and both the personal and professional lives of individuals by helping people reach their goals from vision to value."
Nigel Brooks, LLC was founded in 2008 and provides strategic management consulting, executive coaching and mentoring, professional training, and motivational speaking. It develops entrepreneurial, leadership, and managerial competencies to achieve performance excellence by building sustainable advantage from vision to value. It focuses on the construction, distribution, education, financial services, information technology, manufacturing, nutraceutical, retail, and transportation industries. Functional areas include marketing, operations, and finance. The individualpreneurship offering is a separate practice area.
www.nigelalbrooks.com
BLD was founded in 1994 and established its management consulting practice in 2000. Brooks is directing BLD's business in publishing leadership development articles, books, and seminars, leading with the very successful Understanding Personal Styles Seminar, the Individual Competencies Assessment, and the Enterpriship Digest. Enterpriship is the process of building enterprises with sustainable advantage, and employs a framework of three related disciplines: entrepreneurship, leadership, and management. "Enterpriship" is derived from four words: management, leadership, enterprise, and entrepreneurship.
www.bldsolutions.com
#END
www.individualpreneurship.com
The individualpreneurship discipline and the notion of an individual as an enterprise (individualprise) must be of interest to anybody who wants to advance as an employee into a leadership and/or managerial capacity, be self-employed as an independent contractor or freelancer, be an entrepreneur/business owner by transforming innovative ideas into value by starting and operating an upwardly mobile enterprise that is focused on capturing large markets, or a lifestyle enterprise in local communities, such as a restaurant or a retail business, manage their own investments.
Individualpreneurship is a mindset for income generation for the fully-employed, self-employed, under-employed, and unemployed, whether working for somebody else, for themselves as sole-practitioners, while planning the next ventures, or just in-between opportunities. Opportunity is just beyond an individual's comfort zone, and the individualpreneurship discipline provides the framework for capturing it.
"The book is quick and handy reference guide," said Nigel A.L. Brooks, President of The Business Leadership Development Corporation and managing member, Nigel Brooks, LLC. Brooks is an individualpreneur, entrepreneur, business owner, management and marketing consultant, motivational speaker, and expert author.
"Establishing the individualpreneurship mindset enables an individual to exert more control over all of their income generating activities, whether fully-employed, self-employed, under-employed, or unemployed," Brooks added.
The ebook is augmented by the Understanding Personal Styles webinar and the Individual Competencies Assessment:
www.understandingpersonalstyles.com/webinar
www.individualcompetencies.com
The individualpreneurship discipline embraces the enterpriship disciplines of entrepreneurship, leadership, and management, which apply to every individual in business, whether fully-employed or not. Understanding enterpriship disciplines is extremely important for success as both an employee and as an entrepreneur/business owner. In the corporate world, leadership and managerial capabilities are essential for advancement through the ranks. Thinking and behaving as an "individualprise" helps an individual perform better for their employer, especially in an executive capacity, because they understand the concepts of income generation and expense, asset, liability, and capital management. For visionaries in the corporate world, intrapreneurial capabilities are also important for enacting change.
"For those seeking employment positions, recognizing that a job search is a marketing campaign, just as for a business, improves the likelihood of a satisfactory result," emphasized Brooks.
Simultaneously, with the launch of the ebook, Brooks is announcing "Individualpreneurship" as a new area of practice that is aimed at helping individuals develop multiple sources of income in uncertain times.
"This area of practice is aimed at people who have previously been employed, but are now interested in entrepreneurship, business ownership, and/or contracting, who have little to no prior experience in self-employment," Brooks explained.
The economy is restructuring, and trends in globalization and information, process, telecommunications, and transportation technologies are causing a complete change in the way that individuals will earn income in the future," he said. "In the future, there will be a small number of very large global companies and a larger number of specialized boutiques that both offer employment to qualified individuals. Beyond that, there will be a very large number of individualprises, consisting of individualpreneurs who provide services as independent contractors to other enterprises, market products and/or services for others, and deliver products and/services directly. Many of these activities will be performed over the internet by webpreneurs.
Nigel Brooks, LLC will be offering mentoring and coaching programs to individuals, primarily over the internet; BLD will be offering publications and seminars as part of the Nigel Brooks Seminar series.
Brooks has substantive experience in business and technology strategy formulation and planning, organizational reviews, and performance assessments in both North and Latin America, Europe, and Asia-Pacific through prior roles at E2020, American Express, Booz Allen Hamilton (now Booz & Co.) and Andersen Consulting (now Accenture). He was also president of Javazona Cafes, Inc. - an award winning European-style gourmet coffee and catering business concept. He was a pioneer in the field of ecatering.
The mission of both enterprises is to "enhance the livelihood of enterprises, and both the personal and professional lives of individuals by helping people reach their goals from vision to value."
Nigel Brooks, LLC was founded in 2008 and provides strategic management consulting, executive coaching and mentoring, professional training, and motivational speaking. It develops entrepreneurial, leadership, and managerial competencies to achieve performance excellence by building sustainable advantage from vision to value. It focuses on the construction, distribution, education, financial services, information technology, manufacturing, nutraceutical, retail, and transportation industries. Functional areas include marketing, operations, and finance. The individualpreneurship offering is a separate practice area.
www.nigelalbrooks.com
BLD was founded in 1994 and established its management consulting practice in 2000. Brooks is directing BLD's business in publishing leadership development articles, books, and seminars, leading with the very successful Understanding Personal Styles Seminar, the Individual Competencies Assessment, and the Enterpriship Digest. Enterpriship is the process of building enterprises with sustainable advantage, and employs a framework of three related disciplines: entrepreneurship, leadership, and management. "Enterpriship" is derived from four words: management, leadership, enterprise, and entrepreneurship.
www.bldsolutions.com
#END
Thursday, September 29, 2011
Individualpreneurship - The Discipline Of The Individual Entrepreneur As An Enterprise
Individualpreneurship is an activity whereby an individual (the "individualpreneur") behaves as an enterprise in their own right, and is fully responsible for both professional and personal income generation and expense management. The individualprise is the notion of an individual as an enterprise with multiple streams of income from employment, entrepreneurship/business ownership, and investing activities.
***
Individualpreneurship is not a new concept; it has its roots in agricultural societies where individuals and families worked the land and had other forms of income from crafts such as ironwork, needlework, and woodwork that became cottage industries in their own right. These individuals and families as individualpreneurs had multiple sources of income that provided hedges against poor harvests, and for the changing wants and needs associated with supply and demand of materials and supplies, labor, and products and/or services.
Entrepreneurs would "put out" work to individualpreneurs who were, in effect, independent contractors. In the shift from the agricultural age to the industrial age, operational work became centralized in factories and later, administrative work became centralized in offices. Practices were established over time, often with the involvement of unions, that have become regulated through labor and employment, health and welfare, immigration, and taxation laws and regulations at both the Federal and state levels. Such practices turned the notion job creation into a complex activity subject to a multitude of laws and regulations with risk of litigation and penalties for non-compliance.
In the peak of the industrial age, one could expect to be employed by a single employer for many years, if not for an entire career, and earn many benefits as a consequence thereof aimed at retaining quality and/or loyal people. The cost of benefits, employment and unemployment taxes, and workers compensation insurance have to be added to the direct labor rate to determine the fully loaded rate. The labor rate becomes fully burdened when overhead costs such as equipment, facilities, supervision, supplies and utilities are added to the fully loaded rate. Fully burdened costs can easily be twenty to thirty percent more than the direct labor rate.
Some work may be performed by independent contractors, who are usually responsible for paying their own benefits, taxes, and insurance. However, strict rules apply as to whom can be classified as such. In general, the hirer of an independent contractor can control only the result of what gets done, but not how, when, or where. Many industries such as insurance, mortgage origination, real estate, and travel use independent contractors as agents to generate sales.
In the shift from the industrial to the information age, the impact of information, process, telecommunications, and transportation technologies has had a profound effect on the workplace, and has enabled globalization. The impact is across the board in entrepreneurial, leadership, and management (enterpriship) disciplines, and administrative and operational activities such finance, human resources, marketing and sales, manufacturing and distribution, and merchandising, Globalization enables work to be strategically sourced to best-in-class or scale (low-cost) providers for each output and related activities in the value chain. Taken to an extreme, it is possible to outsource everything except strategy formulation and strategic marketing activities. Information technology reduces analytical activities, and process technology reduces operational activities. Naturally outsourcing becomes popular when fully burdened rates, including telecommunications and transportation costs, are lower from third-party providers than in-house, and/or when there is less risk, especially with respect to litigation. However, there are negative consequences to local economies when employers eliminate large numbers of jobs through outsourcing. Therefore, the community costs and benefits should be considered in an outsourcing decision.
The effect of technology, and the consequential globalization, is that the need for professional staff and vocational labor in domestic employers is reduced, and in some cases quite dramatically. The traditional assumptions regarding employment in fully vertically integrated enterprises that historically performed all activities "in-house" erode. Thus many individuals find it hard to enter or remain in the traditional workplace, especially when cost and quality gaps exist between employers and with third-party outsourced providers who perform work cheaper at the same standards.
In retailing, the large "big box" stores will continue to provide scale for commodity products and/or services at discount prices, thus placing pressure on their suppliers to keep costs low. Specialty stores and boutiques will continue to provide value-added and higher quality products and/or services at premium prices. Manufacturers of new specialized personal products and/services, such as nutraceuticals, are more likely to establish networks of independent marketing representatives and sales agents, leveraging the internet where possible, than employ traditional brick and mortar wholesale and retail facilities to keep distribution costs low.
As a consequence, a new kind of entrepreneur is emerging - the individualpreneur. The individualpreneurs has multiple streams of income from employment and/or entrepreneurship/business ownership and investing activities. The individualpreneur has to take full responsibility for their livelihood through these activities. For example, an individualpreneur may be an employee on either a full-time or part-time basis for one or more enterprises, and/or be an entrepreneur in the emerging and growth stages of an upwardly mobile enterprise, and/or be a lifestyle business enterprise owner, and/or an independent contractor in such disciplines as affiliate marketing, consulting, freelancing, and network marketing. An individualpreneur may retain employees and independent contractors in their own right for upwardly entrepreneurial and lifestyle business ownership activities, while working alone as a solopreneur and/or a webpreneur on the internet.
The notion of individualpreneurship arises when traditional employment opportunities erode but there is an opportunity for an individual to provide value-added services, or because an individual wishes to pursue an entrepreneurial activity that may not be fully sustainable in its own right.
Examples of individualpreneurial activities include working part-time for an employer while operating a retail business or restaurant; working full-time for an employer while building a network marketing business; and providing freelance technology services while performing affiliate marketing activities and selling articles, books, and seminars on the internet.
Individualpreneurship is particularly relevant for young less experienced people who are entering the workplace for the first time, and for older people who are perceived as being inefficient, too expensive, and out-of-touch with their younger peers in the marketplace. However, older people may have years of functional knowledge and technical skills expertise that is of value to emerging, growth, and mature enterprises, and can be leveraged on a consulting basis without the burden of employment costs.
Individualpreneurship is a discipline that anybody who is unemployed or under-employed can pursue if they have the passion or the need; usually opportunity is just beyond their comfort zone.
The notion of individualpreneurship changes assumptions regarding benefits, insurance, and taxes, especially when individualpreneurs become service providers to prior employers as independent contractors. Hence, governments are likely to increase their enforcement of labor and employment and taxation laws as individualpreneurship, and especially independent contracting, becomes more common. However, with technology rapidly changing the paradigms of products and/or services and infrastructures, the life expectancy for particular types of job can be relatively short compared to the past.
As the economy continues to globalize and technology becomes more ubiquitous, more individuals will be faced with the need to develop their individualpreneurship knowledge and skills in order to be able to promote themselves in competitive marketplaces for both employment and products and/or services. In effect, this means understanding enterpriship (entrepreneurship, leadership, and management) disciplines, understanding personal styles, and being able to balance both professional and personal activities.
...and to assess your enterpriship competencies in thirty minutes or less, claim your opportunity for instant access when you go to http://www.fromvisiontovalue.com
From Nigel A.L. Brooks - Management Consultant and Motivational Speaker http://www.nigelalbrooks.com
Article Source: http://EzineArticles.com/?expert=Nigel_Brooks
***
Individualpreneurship is not a new concept; it has its roots in agricultural societies where individuals and families worked the land and had other forms of income from crafts such as ironwork, needlework, and woodwork that became cottage industries in their own right. These individuals and families as individualpreneurs had multiple sources of income that provided hedges against poor harvests, and for the changing wants and needs associated with supply and demand of materials and supplies, labor, and products and/or services.
Entrepreneurs would "put out" work to individualpreneurs who were, in effect, independent contractors. In the shift from the agricultural age to the industrial age, operational work became centralized in factories and later, administrative work became centralized in offices. Practices were established over time, often with the involvement of unions, that have become regulated through labor and employment, health and welfare, immigration, and taxation laws and regulations at both the Federal and state levels. Such practices turned the notion job creation into a complex activity subject to a multitude of laws and regulations with risk of litigation and penalties for non-compliance.
In the peak of the industrial age, one could expect to be employed by a single employer for many years, if not for an entire career, and earn many benefits as a consequence thereof aimed at retaining quality and/or loyal people. The cost of benefits, employment and unemployment taxes, and workers compensation insurance have to be added to the direct labor rate to determine the fully loaded rate. The labor rate becomes fully burdened when overhead costs such as equipment, facilities, supervision, supplies and utilities are added to the fully loaded rate. Fully burdened costs can easily be twenty to thirty percent more than the direct labor rate.
Some work may be performed by independent contractors, who are usually responsible for paying their own benefits, taxes, and insurance. However, strict rules apply as to whom can be classified as such. In general, the hirer of an independent contractor can control only the result of what gets done, but not how, when, or where. Many industries such as insurance, mortgage origination, real estate, and travel use independent contractors as agents to generate sales.
In the shift from the industrial to the information age, the impact of information, process, telecommunications, and transportation technologies has had a profound effect on the workplace, and has enabled globalization. The impact is across the board in entrepreneurial, leadership, and management (enterpriship) disciplines, and administrative and operational activities such finance, human resources, marketing and sales, manufacturing and distribution, and merchandising, Globalization enables work to be strategically sourced to best-in-class or scale (low-cost) providers for each output and related activities in the value chain. Taken to an extreme, it is possible to outsource everything except strategy formulation and strategic marketing activities. Information technology reduces analytical activities, and process technology reduces operational activities. Naturally outsourcing becomes popular when fully burdened rates, including telecommunications and transportation costs, are lower from third-party providers than in-house, and/or when there is less risk, especially with respect to litigation. However, there are negative consequences to local economies when employers eliminate large numbers of jobs through outsourcing. Therefore, the community costs and benefits should be considered in an outsourcing decision.
The effect of technology, and the consequential globalization, is that the need for professional staff and vocational labor in domestic employers is reduced, and in some cases quite dramatically. The traditional assumptions regarding employment in fully vertically integrated enterprises that historically performed all activities "in-house" erode. Thus many individuals find it hard to enter or remain in the traditional workplace, especially when cost and quality gaps exist between employers and with third-party outsourced providers who perform work cheaper at the same standards.
In retailing, the large "big box" stores will continue to provide scale for commodity products and/or services at discount prices, thus placing pressure on their suppliers to keep costs low. Specialty stores and boutiques will continue to provide value-added and higher quality products and/or services at premium prices. Manufacturers of new specialized personal products and/services, such as nutraceuticals, are more likely to establish networks of independent marketing representatives and sales agents, leveraging the internet where possible, than employ traditional brick and mortar wholesale and retail facilities to keep distribution costs low.
As a consequence, a new kind of entrepreneur is emerging - the individualpreneur. The individualpreneurs has multiple streams of income from employment and/or entrepreneurship/business ownership and investing activities. The individualpreneur has to take full responsibility for their livelihood through these activities. For example, an individualpreneur may be an employee on either a full-time or part-time basis for one or more enterprises, and/or be an entrepreneur in the emerging and growth stages of an upwardly mobile enterprise, and/or be a lifestyle business enterprise owner, and/or an independent contractor in such disciplines as affiliate marketing, consulting, freelancing, and network marketing. An individualpreneur may retain employees and independent contractors in their own right for upwardly entrepreneurial and lifestyle business ownership activities, while working alone as a solopreneur and/or a webpreneur on the internet.
The notion of individualpreneurship arises when traditional employment opportunities erode but there is an opportunity for an individual to provide value-added services, or because an individual wishes to pursue an entrepreneurial activity that may not be fully sustainable in its own right.
Examples of individualpreneurial activities include working part-time for an employer while operating a retail business or restaurant; working full-time for an employer while building a network marketing business; and providing freelance technology services while performing affiliate marketing activities and selling articles, books, and seminars on the internet.
Individualpreneurship is particularly relevant for young less experienced people who are entering the workplace for the first time, and for older people who are perceived as being inefficient, too expensive, and out-of-touch with their younger peers in the marketplace. However, older people may have years of functional knowledge and technical skills expertise that is of value to emerging, growth, and mature enterprises, and can be leveraged on a consulting basis without the burden of employment costs.
Individualpreneurship is a discipline that anybody who is unemployed or under-employed can pursue if they have the passion or the need; usually opportunity is just beyond their comfort zone.
The notion of individualpreneurship changes assumptions regarding benefits, insurance, and taxes, especially when individualpreneurs become service providers to prior employers as independent contractors. Hence, governments are likely to increase their enforcement of labor and employment and taxation laws as individualpreneurship, and especially independent contracting, becomes more common. However, with technology rapidly changing the paradigms of products and/or services and infrastructures, the life expectancy for particular types of job can be relatively short compared to the past.
As the economy continues to globalize and technology becomes more ubiquitous, more individuals will be faced with the need to develop their individualpreneurship knowledge and skills in order to be able to promote themselves in competitive marketplaces for both employment and products and/or services. In effect, this means understanding enterpriship (entrepreneurship, leadership, and management) disciplines, understanding personal styles, and being able to balance both professional and personal activities.
...and to assess your enterpriship competencies in thirty minutes or less, claim your opportunity for instant access when you go to http://www.fromvisiontovalue.com
From Nigel A.L. Brooks - Management Consultant and Motivational Speaker http://www.nigelalbrooks.com
Article Source: http://EzineArticles.com/?expert=Nigel_Brooks
Wednesday, September 21, 2011
Enterpriship - The Art and Science of Entrepreneurship, Leadership, and Management
Enterpriship is the process of building enterprises with sustainable advantage within a framework of three related disciplines: entrepreneurship, leadership, and management. It is about the competencies of individuals and the capabilities of enterprises. Sustainable means being able to continue over time, either by developing, enhancing, or maintaining the current state, or by changing it. Advantage means favorable, superior, and beneficial.
For the rest of this article visit:
http://ezinearticles.com/?Enterpriship---The-Art-and-Science-of-Entrepreneurship,-Leadership,-and-Management&id=1549790
For the rest of this article visit:
http://ezinearticles.com/?Enterpriship---The-Art-and-Science-of-Entrepreneurship,-Leadership,-and-Management&id=1549790
Tuesday, September 13, 2011
Narrowing The Gap – Formulating Constituency-Based Strategy
Constituency-based strategy is about narrowing the gap between where an enterprise is and where it wants to be with respect to its employees, customers, suppliers, investors, regulators, and competitors. The same concept applies to its processes and products and/or services.
***
The constituencies of an enterprise are:
- Employees
- Customers
- Suppliers
- Investors
- Regulators
- Competitors
Constituencies represent the people-oriented capabilities of an enterprise and its related-parties. The other capabilities are processes and products and/or services.
A process is a group of activities that:
- Takes in one or more kinds of input
- Creates output that is value to both external and internal consistencies
A product is a tangible output from a process that represents something of value – an item that meets a customer’s want or need. Products are component parts as single items or sub-assemblies, or end-products. Products are either commodities, such as oil or coffee, or value-added, such as manufactured items. Hard products are tangible; soft products are service-related. However, services are usually delivered with a product, regardless or whether it is hard or soft.
Constituency-based strategy narrows the gap between the enterprise and its related-parties. Narrowing the gap between where the enterprise is and where it wants to be with respect to its processes and products and/or services is usually a related set of activities to those for its constituencies. This is because everything ultimately relates to the primary constituencies of employees, customers, suppliers, and investors, in the context of the secondary constituencies of regulators and competitors, and the community-at-large. Constituency-based strategy can be expressed in terms of a “from to” relationship.
Constituency-based strategy is set in terms of related-party, processes, and products and/or services within a framework of objectives, targets, goals, strategic initiatives, and priorities.
Objectives are specific statements of direction and intended results for narrowing the gap between where an enterprise is and where it wants to be – from the current to the future state.
Targets are measurable criteria for achievement over time, and are expressed in terms of intermediate and final goals. Targets represent the points of arrival from a point of departure over time in a “from to” relationship.
Goals are specific statements of achievement for each objective in time, such as for one, three, or five-year targets. Goals should always be specified according SMART criteria:
- Specific in terms of why, what, who, when, where, which, and how?
- Measurable
- Actionable, attainable, and agreed to
- Realistic
- Tangible and time-specific
Stretch goals are set at one hundred and fifteen percent of the base, and may deserve reward for extra achievement.
Strategic initiatives are the specific action items to achieve the targets. High priority action items are called strategic imperatives. The action items should always be expressed in terms of specific tasks and steps.
Priorities can be classified as high, medium, or low using value-based criteria, such as return on investment, time-to-market, or improvement in efficiency, productivity, or utilization. Priorities are set by executives and/or the board of directors (or equivalent) of an enterprise by objectives and strategic initiatives. No more than twenty percent of the priorities should be classified as high, and no less than ten percent should be classified as low.
Constituency-based strategy sets the framework for “management by objectives” programs.
Formulating constituency-based strategy is an enterpriship (entrepreneurship, leadership, and managerial) competency.
…and to assess your enterpriship competencies in thirty minutes or less, claim your opportunity for instant access when you go to http://www.fromvisiontovalue.com
Friday, July 22, 2011
Tuesday, July 19, 2011
Friday, July 15, 2011
Enterpriship Articles Digest
Enterpriship is the process of building enterprises with sustainable advantage, and has a framework of three related disciplines: entrepreneurship, leadership, and management. "Enterpriship" is derived from four words:
management, leadership, enterprise, entrepreneurship.
The digest of the Enterpriship articles is now online:
www.enterpriship.com/articles/digest/
management, leadership, enterprise, entrepreneurship.
The digest of the Enterpriship articles is now online:
www.enterpriship.com/articles/digest/
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