Excellence in Moderation

Striving for excellence in everything is a worthy goal.

However, if one becomes too focused on perfection on trivial things or items, the benefits may outweigh the time and resources devoted to achieving excellence.

Entrepreneurs need to be aware that they cannot ask themselves and their organizations to strive for excellence in everything. Focus on a few goals and aim for excellence on those, but de-prioritize lower-level projects and accomplish them well. The resources of your organization should be allocated judiciously on higher priority goals requiring excellence.

It is okay to be excellent on major items, but good on minor ones.

Ravi Patel

http://www.patelCFOservices.com

Advertisements
Published in: on April 8, 2014 at 5:21 am  Leave a Comment  
Tags: , ,

Setting Standards

“The quality of a leader is reflected in the standards they set for themselves.” – Ray Kroc

Great leaders set high standards for themselves. The growth of McDonald’s was in large part due to the quality, efficiency and customer service standards established by Ray Kroc.

Entrepreneurs too need to set and live by commendable personal standards for themselves so that they can demonstrate a high level of leadership to inspire their employees. How often have we seen leaders who ask their followers to do one thing while they do something else? How does that provide leadership by example?

If an Entrepreneur desires to set high standards of ethics and performance for their companies, they first need to set for themselves high-reaching standards. However, that is not enough! Entrepreneurs need to then adhere to their established standards and demonstrate via actions their commitment to such uplifting principles.

Leadership in this area is truly by example. If an Entrepreneur establishes a pattern of behavior that meets his/her lofty standards, then it will be easier to set high standards for the company and employees. It helps to inspire people by actions and then demand high standards of excellence and hold their followers accountable.

Ravi Patel

www.patelCFOservices.com

Strive for Excellence, But Not for …..

Striving for excellence in everything is a noble goal.

However, if one becomes too focused on perfection on trivial things or items, the benefits may outweigh the time and resources devoted to achieving excellence.

Entrepreneurs need to be aware that they cannot ask themselves and their organizations to strive for excellence in everything. Focus on a few goals and aim for excellence on those, but de-prioritize lower-level projects and accomplish them well. The resources of your organization should be allocated judiciously on higher priority goals requiring excellence.

It is okay to be excellent on major items, but good on minor ones.

Ravi Patel

www.patelCFOservices.com