The absence of integrated business solutions and system financing will lead to big shocks!
It is frequently heard from business owners that while managing big businesses they are in charge not only with strategic, but also with operational tasks. In other words, the owner is deeply involved in detailed business management. From one hand, he seems to be in charge of everything, from the other hand there is a high probability of him not noticing the negative trends in the business, as their roots have not appeared on the “surface”.
Usually changes are not initiated until “finance thunder“ sounds. Meanwhile, owners should be the first ones who see the real situation through the prism of the result and assessments of the business potential in a stable situation and understand the root cause of the problems before the crises appeared. The owners themselves should ask questions to the company’s management if the company and it’s departments are working effectively. The owners should evaluate management competencies, strategic risks and business potential.
It is necessary to remember that business is the “race without finish “. To be able to be part of it and even lead it , it is vital either to become professional in all spheres concerning your business and constantly develop yourself , or to attract professionals such as independent directors. Otherwise, the probability ” to fall behind” in the business race or even “get off the track” becomes very higher. Partnership with Independent directors, COBRA, will allow you to not only implement survival, but also a development strategy, via applying integrated business solutions in all areas of a company’s activities.