Suggestion for Building A Good and Excellent Company

Suggestion for Building A Good and Excellent Company

Here are some suggestions you can use when building your company:

* Limit position and division in the management. Too many positions and divisions will waste time and complicate business processes.

* All parties in the company must have an understanding of the history, foundation, mission, and vision of the company and its business. Lack of understanding means having no purpose for the work and not understanding the business being built.

* Company regulations must be established with firmness and wisdom. Without firmness, regulations will be violated. Without wisdom, regulations have no value. Wise regulation is a priority.

* Make regulations concise and simple, so that they can be understood and easily implemented by all parties.

* Investment and fund flows must be regulated and managed clearly, precisely, and carefully. If not regulated and managed clearly, precisely, and carefully, investments and funds can be misused by the wrong systems and people. Some important things to manage are: Where are they coming from? Who gives them? Where are they stored? Where are they distributed?

* Recognize the dangers and risks that can occur in companies and businesses. If dangers and risks occur, casualties and losses will occur.

* There are two options when it comes to hiring employees. The first option is to hire employees who are experts in their field. The second option is to hire employees who are not experts but are still willing to learn. The first option will build the company properly, while the second option embodies the values of fairness and kindness. 

* Management must know when to innovate and when to do business as usual. Innovation will grow the company, while doing business normally will prevent losses.

Do you think about something else? Share your thoughts here.

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I am Astrid Amalia. I am a Researcher, Writer, and Blogger.

Most of the topics I research and write are about #HSE, #Safety, #Security, #Survival, #Emergency, #Fire, #Oil, #Gas, #Energy, #Offshore, #Onshore, #Digital, #Technology, #Drone, #AI, #Information, #Communication, #Data, #Research, #Training, #Education, #Business, #Leadership, #Collaboration, #Innovation, #Health, #Yoga, #Social, #Life, #Mental, and more.

My blogs are:

* Business Blog: GWB (GlobalWide Business) at https://globalwidebusiness.blogspot.com

* Personal Blog: https://astridamalia.blogspot.com and https://theresiamariafaustina.blogspot.com