For enterprises to stay competitive, business leaders and executives must have a growth mindset and incorporate relevant tips. Enforcing these tips with employees will guarantee an unprecedented productivity. The three tips are
1. Recognizing Change
Change is good. Managers and executives should be ready for change and adapt to the dynamic trends in technology and management tactics.
2. Collaboration
Team work must be enforced in the organization. Executives, Operation managers, and employees can work concurrently and ensure democracy. Effective communication is also promoted.
3. Tolerance for failure
Business leaders and executives should be able to accept failure, stay resilient and work to prevent failure. Crisis Management and Contingency plans will help tremendously to reduce or even prevent failure.
