Business management framework

50
Hello and thanks for stopping by to watch this short presentation that introduces our Business Management FRAMEWORK for small business owners and entrepreneurs.

Transcript of Business management framework

Page 1: Business management framework

Hello and thanks for stopping by to watch this short presentation that

introduces our

Business Management FRAMEWORK

for small business owners and entrepreneurs.

Page 2: Business management framework

Business Management

As an entrepreneur or business owner, you need to be prepared to

tackle anything.

Page 3: Business management framework

Business Management

Managing a business is a complex process and can

be “confusing”.

Page 4: Business management framework

Business Management

You may be wondering…

“What is it that I DON’T KNOW about managing

and growing my business?”

Page 5: Business management framework

Business Management

Our mission here at

SmallBizOrg.com

is to help you be successful in your endeavours.

Page 6: Business management framework

Business Management

So we summarized and adapted here for YOU the

Business Management framework that is taught

inthe MBA programsall over the world.

Page 7: Business management framework

Business Management

It will give you a COMPLETE MIND MAP

of EVERYTHING that you need to think about in order to manage your

business successfully.

Page 8: Business management framework

Business Management

With this knowledge in hand, you will be able to run your entire business

just as top business professionals do.

Page 9: Business management framework

Business Management

Managing your business will require you to have your hands in everything, ...

Page 10: Business management framework

Business Management

...so you will need to have a solid understanding of

each of the 6 elements of this framework, which

are:

Page 11: Business management framework

Business Management

STRATEGICMANAGEMENT

Page 12: Business management framework

Business Management

MARKETINGMANAGEMENT

Page 13: Business management framework

Business Management

OPERATIONSMANAGEMENT

Page 14: Business management framework

Business Management

FINANCIALMANAGEMENT

Page 15: Business management framework

Business Management

HUMAN RESOURCES MANAGEMENT

Page 16: Business management framework

Business Management

RESEARCH AND DEVELOPMENT

MANAGEMENT

Page 17: Business management framework

Business Management

While all are unique, they still rely on each other to

run smoothly.

Page 18: Business management framework

Business Management

Let’s zoom in now in each of these management

areas...

Page 19: Business management framework

Strategic Management

Strategic Management

will guide you in the right direction as your

company grows and changes.

Page 20: Business management framework

Strategic Management

It is where you will formulate goals, milestones, and ultimately a BUSINESS PLAN so that you know

where you want to be in 1 year, 5 years, and 10

years...

Page 21: Business management framework

Strategic Management

… and more importantly, how you will get there.

Page 22: Business management framework

Marketing Management

Marketing Management

guides you to make educated decisions on

the FOUR P’s of marketing:

Page 23: Business management framework

Marketing Management

1) the PRODUCTS you will offer,

Page 24: Business management framework

Marketing Management

2) your PRICING plan,

Page 25: Business management framework

Marketing Management

3) how you will PROMOTE your product or service,

Page 26: Business management framework

Marketing Management

4) where will you be offering your products and

services, (the “PLACE”).

Page 27: Business management framework

Marketing Management

These important decisions, which should be done

based on MARKET RESEARCH, will be reflected in yourMARKETING PLAN.

Page 28: Business management framework

Operations Management

Operations Management

forces you to examine every business process in your

company ...

Page 29: Business management framework

Operations Management

... to discover problem areas and opportunities

for optimization.

Page 30: Business management framework

Operations Management

You will have TWO ultimate goals with your

operations management:

Page 31: Business management framework

Operations Management

1) to ensure the QUALITY of the product or service

you are offering and

Page 32: Business management framework

Operations Management

2) to make sure your business processes are

running as COST-EFFECTIVELY

as possible.

Page 33: Business management framework

Operations Management

With this information, you will create and follow an OPERATIONS PLAN.

Page 34: Business management framework

Financial Management

Financial Management

will ensure that you:

Page 35: Business management framework

Financial Management

1) are making profitable decisions and

2) are able to meet all of your financial obligations.

Page 36: Business management framework

Financial Management

This is where you will:

a) compile financial statements,

Page 37: Business management framework

Financial Management

b) decide what is worth to spend money on and

what is not and

Page 38: Business management framework

Financial Management

c) manage your cash-flows and handle accounting

and bookkeeping needs.

Page 39: Business management framework

Human Resources Management

Human Resources Management

is how you will recruit talented candidates and

retain valuable employees.

Page 40: Business management framework

Human Resources Management

On top of managing varying personalities,

human resources management will help you

...

Page 41: Business management framework

Human Resources Management

... juggle the regulations and expectations that come with being an

employer.

Page 42: Business management framework

R & D Management

Research and Development (or R&D)

Management

will :

Page 43: Business management framework

R & D Management

1) help to improve your current products and

services,

Page 44: Business management framework

R & D Management

2) develop new products or services, and

Page 45: Business management framework

R & D Management

3) discover more cost-efficient ways to continue offering your products or

services.

Page 46: Business management framework

R & D Management

By consistently incorporating R&D into your everyday business

practices, you will position yourself to fill new

markets as they emerge.

Page 47: Business management framework

Business Management

Managing every aspect of your business is a

massive undertaking, but it can be done with the

right guidance and resources.

Page 48: Business management framework

Business Management

For more details visit us at

SmallBizOrg.com

to find out EVERYTHING you need to know about managing your business,

from start to finish.

Page 49: Business management framework

Business Management

PS: Our “logo” is a hexagon to reflect this

framework and to remind you that there are 6 areas

of business that you ALWAYS need to focus

on to be successful.

Page 50: Business management framework