Tom Laing small business support specialist
Tom Laing

Tom Laing

"Facilitating positive change and health"

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Homepage of Business Support Specialist » Core factors of Enterprise - Management
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Overview of Enterprise

Administration - money, money, money

Entrepreneurial Activities - marketing, sales, promotions

Integration - me, myself and I

Operations

Understanding Context

Management

aeioum_management

Management - the glue that holds it all together. Management here is represented by a broken line linking all the components of enterprise. The loose/tight principles apply. Management is about people, their aspirations, expectations, talents and abilities. This can be achieved by setting clear objectives, communicating them clearly and relating them to performance. Decide what are the key factors that need to be constantly watched and monitored, the performance criteria involved, who's responsible for key areas and what can be free flowing. The key criteria is of course what's happening to the bottom line. Other criteria you may like to consider include:
  • innovation,
  • creativity,
  • leadership,
  • responsiveness and empowerment etc
Management

This gives some idea of the importance and relative weight of each factor. Note: U=O and A=E. Balance is the key even though at start up your marketing will be larger than administration.

I hope you find it useful.



Overview  |   Adminstration  |   Entrepreneurial Activities  |   Integration  |   Operations  |   Understanding  |   Management
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NZ Business Information Zone
Business Resources New Zealand
Government Business Resources New Zealand
NZ Trade and Enterprise