If you have a company, how will you manage it?

Question

I'll join a speech competition this month and there will be a question and answer portion. One of the expected questions is like this. So i want to know your opinion. Please let me know your ideas about this question coz as for me, i don't have any experience in business management. Thank you.

Answer 1

Hire a top notch business manager to manage the business. It then makes it easier for you to manage one guy - that manager you hired! If you own several businesses, hire one manager for each business, and one manager to manage all those managers - say call him the president of the company, while you maintain the title of CEO. You'll learn a lot from these people as time goes by. Makes sense to you?

Answer 2

I manage my company to make as much money as possible with the least risk and the least time doing things which I personally do not enjoy. Along the way, I try to manage it in such a way, that the above benefits occur both in the short run and the long term. Three years of business school and 4 years of college taught me the techniques to achieve these goals.

If anyone tells you that senior management is managing a public company with any other goals in mind, they're dreaming.

Answer 3

Never forget that the success of a company depends on its employees. Good morale of good workers is the foundation of any business. Crush the morale by micro managing and not appreciating them, and you crush productivity down to a mean level. As a manager you want the job to be done excellently, so you want the job experience to be wonderful. You want the employees to love to come to work. Happy workers produce more and go the second mile. They become loyal if you are loyal to them. Then you can set the bar high, and the employees will strive to meet it. The "want to" will be there. The worst thing a manager can do is to destroy the "want to" in employees.