If you asked 10 people what makes a "good enterprise," you would probably get 10 answers. This is partly because "good" means different things to different people. For example, from a consumer's perspective, a good business provides excellent products and services. From a business owner's perspective, a good business is able to support itself.
A Well Conceived Plan: Good businesses need good plans. You don't need a complex business plan to make a business successful, but you should have a plan that is well thought out and executed.
Strong and Positive Leadership: Good enterprise have leaders that are decisive when it comes to steering the organization's course. They know how to build strong relationships and provide open communication with their employees.
Inspire a Positive Corporate Culture: Also among the qualities of a good business is the motivation to do more than simply achieve financial success. Whether owners and their management teams are fueled by the love of business or the love of the product/service they are providing, they need to get enough out of the business to want to continue through tough times.
Provide Assessment and Feedback: To be sure that employees are operating efficiently and meeting goals, companies must also implement frequent assessments of their training and procedures. If an assessment uncovers a weak area, businesses need to address it through revising their methods.
Provide Excellent Customer Service: No matter how many of these good company qualities your business exhibits, if you don't provide your customers with excellent service, you may not be able to maintain a customer base. Be sure to pay attention to customer concerns and handle concerns quickly and fairly.
1. What are the three most important attributes of successful organizations?