A business can excel through leadership. Here's how.

How Businesses Can Create A Culture of Excellence Through Leadership

Doing business is not easy in this world. There are so many challenges that have to be confronted and dealt with. But if handled in the right way, a business can a pretty fun deal. The best part about doing business is that you need not do everything alone. You can always have someone to work under you or work with you to achieve the goal together. 

For a business to learn smoothly, the structure of the business is fundamental. It can only be created by an effective leader. In a company, it is imperative to have different posts and positions for different kinds of employees in order to create an environment of responsibility and leadership. Here are two ways in which a business can be managed effectively.

1. Chain of Command 

Every business needs to establish a chain of command

Establishing a proper chain of command increases the efficiency of the business. Each company has a different organizational structure, which translates to its chain of command. Having a good chain of command gives clarity in the daily operations of a company. It also helps in avoiding uncertainty and chaos in the work environment.

A company’s hierarchy starts with the CEO at the top. Generally, there are three general levels of management: top, middle, and front-line managers.

  • Top Management

Top managers are in charge of the overall performance and health of the company by controlling and overseeing the entire organization. They are the ones who set the goals, objectives, and mission for the company. 

  • Middle management 

Middle managers are responsible for achieving the objectives set by the top managers by developing and implementing activities. They oversee the first-line managers and make sure they are properly executing the activities they set out.

  • Front-line managers

Front line managers are in charge of supervising employees and coordinating their day-to-day activities. They need to make sure that the work done by their employees is consistent with the plans that the upper management set out for the company.

Once a chain of command is established in the company, it is important to know how to delegate assignments to the workforce. 

2. Delegation

Delegation is an important part of management. It provides a breathing space to managers by sharing their workload. As a result, managers can concentrate on tasks with higher priority. Further, freedom from routine work allows for the exploration of new ideas. It helps to establish accountability and therefore helps in increasing efficiency. Moreover, delegation helps save time for more important activities like strategizing, research, and extension of business prospects, which help increase the profits earned by the business in the long run. 

Sometimes delegation of the tasks is not enough. Employees need a little more motivation than a responsibility to complete the task at hand efficiently. Their morale needs to be boosted in order to increase their productivity. They say, ‘happier the employees, wealthier the business.’ Here are little tips and tricks which can help increase the employee’s enthusiasm.

3. Incentive driven programs

Incentives can increase the productivity of your employees, thus making your business more profitable

The best way to increase productivity in the workforce is by incentivizing them. Let’s understand this with the help of an example of the management of the warehouse of a company. Let’s say an average worker in a warehouse packs 15 boxes a day. Now some workers pack 10 boxes here, and some who might pack 20 boxes. This seems a little unfair, doesn’t it? So make it fair for all, and at the same time to motivate the workers who pack 10 boxes, we can introduce a performance-driven pay system.

According to this system, each worker who packs an average of 15 boxes earns a flat pay every month. The catch here is that now each worker who packs more than 15 box gets an extra income on each box starting from the 16th box. This plan will definitely stimulate people to work more. To know about the most creative incentive programs of 2020, click here.

4. Creating a social environment 

Once the basic necessities are met, people crave for a sense of belongingness in the society. This is why human beings are called social creatures. This theory applies to the workplace, as well.

As people make friends and bond with people they are working with, it will not only increase their willingness to work, but will also help them be more productive in the workspace. For this reason, corporates worldwide celebrate festivals and throw parties on important days like the New Year. Who knew partying could help you increase profits! 

5. Giving recognition and status 

Praise or recognition is a non-financial incentive that satisfies the ego needs of the employees. Sometimes giving due credit becomes more effective than any other incentive. The employees will respond more to praise and try to provide the best of their abilities to a concern. Conducting an award system to felicitate the most hardworking and diligent employees is an excellent way to increase their productivity. Even major MNCs like Domino’s have an employee of the month program to appreciate their best employees.

Here are some more articles that you can refer to to manage your business effectively


Nistha Jalan

Nistha Jalan is a design student pursuing her career in Fashion Communication and Styling. Her eccentric behaviour loaded with curiosity is what makes her stand out amongst the crowd. Constantly looking for new opportunities to learn, she is also an avid reader, reading up her way into all the topics that one could find under the sun. Her witty remarks and quirks and her unique sense of perspective is a signature to all her works. It is her zeal for perfection that keeps her scouring until she finds satisfaction. Her passion for writing and graphic designing brought her aboard with Team DesignKiki.




25 Comments

  1. Avatarzortilo nrel Reply

    Have you ever considered creating an e-book or guest authoring on other websites? I have a blog centered on the same topics you discuss and would love to have you share some stories/information. I know my visitors would value your work. If you are even remotely interested, feel free to send me an e mail.

  2. Avatar야동 Reply

    Heya just wanted to give you a quick heads up and let you know a few of the images aren’t loading properly.
    I’m not sure why but I think its a linking issue. I’ve tried it in two different web browsers and both show
    the same results.

  3. Avatarfrolep rotrem Reply

    Hello there! I know this is kind of off topic but I was wondering if you knew where I could get a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!

  4. Avatarcheap flights Reply

    Having read this I believed it was extremely informative.
    I appreciate you finding the time and energy to put this information together.
    I once again find myself personally spending way too much time both reading and posting comments.
    But so what, it was still worth it!

  5. Avatarcheap flights Reply

    Do you mind if I quote a couple of your posts as
    long as I provide credit and sources back to your blog?

    My blog site is in the exact same niche as yours and my visitors would certainly benefit from a lot
    of the information you present here. Please
    let me know if this ok with you. Regards!

  6. Avatarcheap flights Reply

    Undeniably believe that which you said. Your favorite justification appeared to be on the web the simplest thing to be aware of.
    I say to you, I certainly get annoyed while people think about
    worries that they just don’t know about. You managed to hit the
    nail upon the top and also defined out the whole thing without having side effect , people
    can take a signal. Will likely be back to get more.
    Thanks

  7. Avatarcheap flights Reply

    Thank you for the auspicious writeup. It if truth be told was a amusement account it.

    Look complex to far delivered agreeable from you!
    By the way, how can we keep up a correspondence?

  8. Avatarcheap flights Reply

    Have you ever thought about writing an e-book or guest authoring on other blogs?
    I have a blog based upon on the same topics you discuss
    and would really like to have you share some stories/information. I know my readers would appreciate your work.
    If you are even remotely interested, feel free to send me an email.

  9. Avatarcheap flights Reply

    Wow that was unusual. I just wrote an really long comment but after I clicked
    submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyhow,
    just wanted to say excellent blog!

  10. Avatarcheap flights Reply

    What i do not understood is if truth be told how you are not really a
    lot more neatly-favored than you might be now. You’re so intelligent.
    You realize therefore significantly with regards to
    this topic, produced me in my opinion imagine it from so many various angles.
    Its like men and women don’t seem to be involved until it’s one thing to do with Woman gaga!

    Your individual stuffs outstanding. At all times
    take care of it up!

  11. Avatarcheap flights Reply

    Can I simply say what a relief to uncover somebody that actually
    understands what they are discussing over the internet.
    You actually understand how to bring an issue to light and make it important.
    More and more people should read this and understand this side
    of your story. I was surprised you’re not more popular because you certainly have the gift.

  12. Avatartinyurl.com Reply

    Simply desire to say your article is as amazing. The clearness in your put
    up is just great and that i can think you’re a professional on this subject.
    Fine along with your permission let me to seize your RSS feed to keep up to date with imminent
    post. Thanks one million and please keep up the enjoyable
    work.

  13. Avatarcheap flights Reply

    I have been exploring for a little bit for any high quality articles or blog posts on this sort
    of house . Exploring in Yahoo I at last stumbled upon this web site.
    Studying this info So i’m happy to express that I’ve an incredibly just right uncanny feeling
    I came upon just what I needed. I so much indisputably will make sure to do not overlook this site and provides it a glance regularly.

  14. Avatarhttp://tinyurl.com/yyocpla7 Reply

    With havin so much content do you ever run into any issues of plagorism or copyright infringement?

    My website has a lot of exclusive content I’ve either created
    myself or outsourced but it looks like a lot of it is popping it up all over the internet without my permission. Do you know any methods to help prevent content from being stolen? I’d certainly appreciate it.

  15. Avatarelementor homepage Reply

    After study a few of the blog posts on your website now, and I truly like your way of blogging. I bookmarked it to my bookmark website list and will be checking back soon. Pls check out my web site as well and let me know what you think.

Leave a Reply

Your email address will not be published. Required fields are marked *