How to succeed in the first few years (ronald ng wei guan) (53676)
1. How to Succeed in the First Few
Years of the Corporate World
Name: Ronald Ng Wei Guan
Student ID: 53676
Program: Diploma in Mass communication
2. 10 Rules you should follow in order to success.
1.) Strategy
2.) Execution
3.) Culture
4.) Structure
5.) Talent
6.) Innovation
7.) Leadership
8.) Characteristic
9.) Skill
10.) Justify
3. Rule No. 1 Strategy
-Develop a strategy a good value proposition for customer.
-Based on what customers, investors, or partner have to say or how they behave
not on instinct or gut feel, then build a strategy from outside in.
-Fine-tune strategy continually based on how marketplace become, such as government
regulation, social trend, new technology, and competitor’s product.
- Keep focus.
- A good communicate of your strategy with organization or customers and other
stake holders.
- Beware of unfamiliar and grow your own core.
4. Rule No.2 Execution
Deliver products and services and meet the consistency of
customer’s expectations.
Have a well decision-making authority close the front lines,
so the employees react and turn the market conditions
quickly.
Constantly strive to eliminate all forms of excess and waste
to improve productivity rate that is as twice roughly in the
average of the industry.
5. Rule No.3 Culture
Inspire all employees and managers to do their best.
Encourage managers and employees to be independent
decisions to find ways for improve operations-including their
own.
Based on employees and managers performance, reward
achievement with pay to maintain the performance bar.
Create some satisfying and challenging work environment.
Abide and establish by clear company values.
6. Rule No.4 Structure
Simplify your organization to make the work easier to work
for.
Exchange the information to promote cooperation across
whole company.
Use the best people closest to the action.
Sharing the knowledge to establish systems
7. Rule No.5 Talent
Use the outstanding internal talent to fill in the mid and high
level jobs.
Maintain or create top line training and development
programs.
8. Rule No.5 Talent
Develop some job to challenge your best performers.
Keep management actively included in the development and
selection of people.
9. Rule No.6 Innovation
Pursue some advanced technologies to develop new
innovative products and services.
Use latest technologies to enhance the operating process to
design entirely new product and services.
Do not hesitate to cannibalize existing products.
10. Rule No.7 Leadership
Requires a good behavior and attitude to characterize
humanity.
Have a good management skills to use in organizational
systems, effective planning and appropriate communications
methods.
11. Rule No.7 Leadership
Take responsibility for action & direction team setting
objective.
Able to motivating the employees when leading the team.
Taking a positive attitude when facing any problems.
12. Rule No.8 Characteristic
To know their first job when managing the business
Know the goals, objectives and vision and focus to pursuit
the company objectives.
13. Rule No.8 Characteristic
Focus on what customers or client need primarily, and work
on their objectives to satisfy them.
Make a positive and memorable impression on people with
whom you intended to do business with.
14. Rule No.9 Skill
Personal Skills – keep motivated by staying on track plan and
organization to make final business decisions.
Communication Skills- sharpen your communication to enable
to get your message across clearly.
Marketing Skills- know how to define target
market, communicate with potential customers and inform them
of our product and services.
Financial Skills- have the knowledge about
accounting, organizational and administrative skills to handle
the financial spot in the company.
15. Rule No. 10 Justify
Justification of employees skills and qualification, hire the
more higher qualification people to work in the company.
Review on the product or services of the company, and
explain it clearly to the customers.
Learn about the financial spot of the especially during before
the time of paying salaries to the employees.