Wednesday, June 4, 2025
Home Time With Strive Masiyiwa The hardest thing in business: building an efficient organization (Part 2)

The hardest thing in business: building an efficient organization (Part 2)

15025396_1228927200515106_7761433641534082547_o
 
__Talking a good game is not enough.
I was meeting with one of New York’s most successful bankers, when he quipped, “In my business we don’t rely on intellectual property. There’s nothing we do that’s so special; we’re just damned good managers of businesses!”
I could immediately understand what he meant because when, for instance, you stop to think about a business like McDonald’s, you ask “What’s so special about a hamburger?”
But somehow out of that humble hamburger they’ve built a $96bn business… a global business bigger than the GDP of Kenya ($70bn)!
__They are “just damn good managers of business!”
When we launched our Mobile Money business in Zimbabwe, it wasn’t a new idea in Zimbabwe, or in Africa. To be honest, one of our competitors was a year ahead of us, but it really didn’t matter to me. I knew that when we finally launched our own service, it would be bigger and better because “We’re good managers of businesses! It’s not all IP and innovation!”
Whenever I see a business, as a management practitioner, I’m interested in how it’s run. I’m always asking myself, “How are they organized?”
We hear a lot spoken about good leaders, but a good leader who doesn’t know how to manage effectively, using the latest management techniques, is a total waste of time as far as I’m concerned.
You’ve heard the expression, “He talks a good game, but he can’t play.”
Unfortunately, many entrepreneurs are like that. They can talk a good game, but they cannot manage an organization. Talking a good game can be important, but it’s not enough!
If you want to build a profitable and growing business organization, you must first have an acute awareness of the role that organizational management plays. Your awareness must extend to an appreciation that it is a “technical discipline” which must be learnt.
It doesn’t happen naturally: Good management is something you must apply yourself to. Never fool yourself into believing that if you have a good idea, and some money, you just hire the right people and “Hey presto, you have a big successful business!”
I want you to be different: I want you to be able to pick up an idea, any idea, and turn it into a successful business organization that generates profits, and can grow into a national, regional, and continental champion, even a global one.
To be continued. . .

Prince Owusu Banahene Sarkodiehttp://www.pobsonline.com/mrpobs
CEO/Founder Of Pobsonline Inc, A writer, Salsa and Kizomba dance instructor & DJ, Radio Presenter, Marketing Manager @ Standard Drinking Water Tema Branch
RELATED ARTICLES

The Ghana Health Service Excellence Awards Night 2023

The Ghana Health Service held its maiden awards night called the Ghana Health Service Excellence Awards in Accra last night. “An integral part of our...

Ghana Disseminates The Results Of The Harmonised Health Facility Assessment (HHFA)

The Ghana Harmonized Health Facility Assessment (HHFA) findings were released on October 2, 2023, by Alhaji Hafiz Adam, Chief Director of the Ministry of...

Myths And Misconceptions: A Key Indicator For Low Uptake Of Family Planning – Dr. Kofi Issah

Dr. Kofi Issah, the Director of the Ghana Health Service's Family Health Division, has reiterated that myths and misconceptions about family planning continue to...

Most Popular

The Ghana Health Service Excellence Awards Night 2023

The Ghana Health Service held its maiden awards night called the Ghana Health Service Excellence Awards in Accra last night. “An integral part of our...

Ghana Disseminates The Results Of The Harmonised Health Facility Assessment (HHFA)

The Ghana Harmonized Health Facility Assessment (HHFA) findings were released on October 2, 2023, by Alhaji Hafiz Adam, Chief Director of the Ministry of...

Myths And Misconceptions: A Key Indicator For Low Uptake Of Family Planning – Dr. Kofi Issah

Dr. Kofi Issah, the Director of the Ghana Health Service's Family Health Division, has reiterated that myths and misconceptions about family planning continue to...

I’m A Hitman Episode 63 Final

Jayden’s pov I watched as the police came into the warehouse and took everyone out. All I did was continuing looking at Kimberly till they...