Mauro Libi: Successful Business Initiatives

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viernes, 19 de agosto de 2016

Mauro Libi Crestani: What is the vision of your business? Mine is to continue investing in Venezuela

By Mauro Libi Crestani. A young man about asked me. What the vision of your business?

I replied: "Growing leaders in the grain market to continue investing in Venezuela. In our plant, our facilities, not only in our premium brand of cereal Avelina but in companies related to our sector, we expect to continue our growth, diversify the portfolio and add products to serve our consumers. That is the vision of our business. "

A young man about 24 years old was considering doing business in Venezuela but was afraid to take the risk. Everything changes daily.

It's too risky, he said.

That's when I told him that one of the world's most successful entrepreneurs, Mark Zuckerberg has the following motto: "In a world that is changing really fast, the only strategy where failure is guaranteed is in not taking risks".

When you have a clear vision of the business, take into account that the risks are part of the process, without risk there is no change, the great achievements require taking risks, often very dangerous ones. Our companies have a very clear vision and mission. That is why we are committed to the country and to our growth in the market. We are confident that with our plan of operations, we will gain an increasing market share of the cereal sector.

In Frimaca, creativity is fundamental. We have teams of professionals trained and motivated to succeed. We know the Venezuelan market very well and internationally we have taken our products to countries such as Dominican Republic, Panama and Colombia. Every movement, every action that involves risk involves intelligent and sagacious thought and planning so you can rest assured that we are prepared to compete and come out on top. We will continue preparing to conquer the challenges and adversity of globalization while taking our stand as the absolute best.

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jueves, 4 de agosto de 2016

Mauro Libi Crestani: Motivating is hard work that pays off

Mauro Libi Crestani. To work in an organization involves leading a particular task that is crucial but difficult to carry out: motivation. It is a kind of the fuel that must be supplied continuously.

Now, it is important to understand that motivation is not unidirectional, but it comes and goes.

It is important to know the partner and work all the time in the creation of conditions to undertake actions aimed at achieving its goals and objectives of the company or enterprise.

It is not a simple task is to motivate. Requires ingenuity. (Mauro Libi)

Who have on their shoulders the administration of human talent in organizations tend to motivate from outside, which is an input error. Motivating involves moving and, of course, that tired.

The first thing to clarify is that we do not motivate anyone, but set the conditions that are conducive in other people's interest to support our propositions, the organizational objectives are created, and move in a direction that is attractive and also receives a benefit.

That is, no one is going to move to do something that is not providing revenues.

We are talking about something that is more than an economic benefit that now is no longer the factor that moves the worker, especially if we take into account the impact that inflation is having on the world.

Now the employee moves from one company to another in search of something more than a good salary. He goes in search of a good political loyalty of a package in which it is respected, will stimulate, you consider, you will provide working conditions that involve physical and psychosocial health, among other things. (Mauro Libi Crestani)

The task is arduous and involves challenge that stimulate the rest to achieving organizational objectives. It is essential that the rest of the team endorse corporate purposes. We must make the worker understands that if the organization is well, as he will be, too, must be done co-participate in the work of greening the company and therefore employment.

Studies show that organizations should, when setting its objectives and goals, take into account the habits and customs of the clientele to offer products and services that meet their needs will also meet our partners in the company, is our workers. (Mauro Libi)

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miércoles, 27 de julio de 2016

Mauro Libi Cristani: Improving management from a positive approach

Improving corporate governance is always a goal that is in the mind of every businessman. How to do it is the detail of the case. Business positive psychology offers some how to tools.

It is important to note that all work towards achieving this goal can not be undertaken without regard to human resources, the main ally of every entrepreneur.

The first thing to check is the philosophy of the company and the relationship of this with the environment. Similarly it is essential to evaluate the organization to accurately determine what your strengths, weaknesses, threats and opportunities are.

On the above analysis of the required changes according to the display is made of all organizational globally will be implemented. This holistic view will call attention to the factors, mechanisms or areas that need adjustment, always, as we have said so far in relation to the human factor from the perspective positiva. Mauro Libi

The reformulation of vision, mission, values and points where the strategy of the company is essential.

The extensive knowledge of all these elements will make it possible to have an overview of the organization that will facilitate strengthen, enhance, adjust or change global guidelines. This will be the framework for implementing the positive improvements.

Work teams who work in the organization are important to explore, analyze, study, attending to their environment and culture. The focus should be on those who have a positive boost to replicate it in other groups performance. You can not disconnect the individual or groups of context, so, we insist, any assessment should not neglect the cultural aspect, as noted. This probably has to do with the way in addressing the problems and difficulties to solve them.

Pay attention to what elements can and should be promoted and encouraged, which strengthened and, please, pay attention to what motivates the personal. Mauro Libi.

Check organizational processes, Understand them, especially those aimed at attracting and recruiting talent, training and development. Remember, the good must be strengthened and multiplied. Mauro Libi.

Implementing policies should always aim for repowering autonomy, job enrichment and awareness of its importance.

Do not forget, any improvement in the management necessarily involves the welfare and worker satisfaction.

The review of all these aspects result in improved management and training of a work climate that promotes efficiency, effectiveness and productivity. Mauro Libi.

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martes, 7 de junio de 2016

Mauro Libi: Leadership in business organization

By Mauro Libi. The role played by the leadership in executing a business initiative is essential. The leader must be able to both boost collaboration strategy on the computer and also make workers (in all areas) give the best of themselves with which pushes productivity of the company.

Usually the leaders are based on three premises to promote initiatives:

1) business leaders must be social and to promote a social and collaborative team work culture. Leaders are the example to follow in organizations and that is why their behavior becomes an example for employees and business partners.

For an initiative of internal collaboration to be successful, you must have a good leader. The leader defines and shares the organization's vision of the initiative and the boost from its position. Clearly, this leader must also meet the first premise, ie, must be of a collaborative and enthusiastic culture.

To support the institutionalization of collaborative initiative in organizations, it is advisable to rely on a team that proactively support and are familiar with this type of collaborative initiatives.

2) Leaders must know the internal and external to transmit efficiently the goals. They want to conquer the short, medium and long term. The leader must be able to communicate plans, vision and the mission of the company, then couple those goals to the staff to embark on the same vehicle that will take the business to position itself in the market successfully.

3) Actual future. visionary product or service has the potential of business operations depending on who has them among consumers of the future, do not think that the market is static because its dynamism reflects us that the only constant is change .

From there, the first steps must include an analysis of the companies that are already operating in the sector and their ability to react to us, and a reflection on the binomial investment initially required level and experience available.

The simplest and most effective formula to know if we have an entrepreneurial spirit is alone in being honest with yourself, do not try to magic formulas or better result. Quality and quantity should be a requirement as a representative way of being, seeing and doing things, and the formulas and the best results will come.

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martes, 31 de mayo de 2016

Five Steps to an Innovative Solution

Regardless of the size and scope of your company, customer-centered companies looking to innovate for the modern consumer might consider the following approach:

1. Figure out the problem you a’re trying to solve

As with just about any first step, this one is crucial. Make sure you’re trying to solve the right problem and don’t try to provide a fix for something that isn’t a priority in the eyes of your consumer. Do this by asking the right questions and observing, either in focus groups or by evaluating competitive companies, products and their customers.

2. Analyze the problem

In this stage, you want to turn the problem upside down and inside out, extracting every variable and value that causes it (and remedies it). Focus on how often the problem occurs, how severe it is, potential causes, and what if any special circumstances impact it.

3. Classify the decision criteria

Clearly defining the desires that lead to purchase intent, here you want to identify any and every decision that factors into the decision making process. Which of these criteria is most important?

4. Come up with more than one solution

There is no substitute for variety and the goal at this stage is to not leave a more valuable solution on the table. Therefore, don't stop at the first solution you come up with. Instead, evaluate any alternative scenarios as objectively as possible, assessing the pros and cons of each to ensure that the solution you’re pursuing is the most competitive and thereby profitable one.

5. Pick the best solution

After you’ve evaluated all the options and values gleaned from steps one through four, you have to choose the most customer-centric solution to move forward with, developing a base of support within your organization and preparing for any internal or external contingencies.

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martes, 24 de mayo de 2016

Mauro Libi: Business Management Strategy

Business Management is the science of management of a business by the collective effort of those who take part in the decision making process of the business. Business management is a crucial branch of study for all types of businesses from small businesses to large corporations. Business management is the optimum allocation of resources, both human and physical to achieve various organizational goals. In more specific terms, business management deals with crucial decisions and steps that a business has to undertake to accomplish its desired output and stability. It is the summary of the issues addressed by the entrepreneur or the business authorities to realize the long-term as well as the short-term objectives of the business and the required profit margins.

Business management essentially deals with the issues of planning, organizing, directing and controlling. While planning is undertaken by the manager or supervisor, directing is the supervision so that workers work towards accomplishment of the goals the business has set to achieve and controlling is the process of evaluation of output produced towards that objective. It should be noted in this context that planning consists of tactical planning (short term), strategic planning (long term) and contingency planning which allows for alternative courses of the organization when the primary plans that have been developed do not meet the desired objectives.

Business Management Strategy can be defined as the strategies undertaken to attain the most efficient business management for a corporation, medium-sized or small scale business. It was first developed as a discipline in the 1950’s and 60’s which gained much momentum in the 1970’s through growth and portfolio theory. Business management strategies are the all inclusive steps that the businesses should follow to attain its long-term objectives so as to achieve the highest rates of growth and profits in the long run. Business management strategy can be illustrated as a process of specifying a company’s objectives, developing policies and plans to achieve these objectives and the allocation of resources in the direction of implementing the policies and attaining these objectives. Most importantly, business management strategy is a dynamic process which encompasses all the industries and businesses in which the company is involved in a framework akin to that of game theory.

In terms of advanced economic analysis, an optimal game theory solution can be theorized in which all participants of the game reach their optimal solution which will be identical to the solution if everybody behaves independently of each other. Business management strategy or strategic management is a combination of strategy formulation and strategy implementation and the fundamental premise rests on assessing the competitors of a business and setting goals and strategies to counter any moves of the existing and potential competitors and reviewing their personal strategies annually or quarterly to determine how it has been implemented and whether it needs to be replaced in the event of new competitors and a changed social, financial, political and economic environment. Business strategy based on the industrial organization approach is based on economic theory and deals with issues such as competitive rivalry, resource allocation and the economies of scale. Strategy formulations mainly include self evaluation and competitor analysis which determines the objectives and the planning strategies are devised according to them. Strategic planning sometimes will depend on various external factors such as the policies of the government and other extraneous reasons such as a market crisis. Strategy implementations deal with the allocation of resources and assigning responsibilities or tasks to specific individuals or groups towards the attainment of the planned objectives. It is also concerned with evaluating the efficiency and efficacy of the process of business management strategy, i.e. moving towards the set goals, adjustments to the process if needed and documentation and integration of the process.

Business management strategies can be said to be fundamentally hinged on the basic market principles of getting people their most suitable jobs, effective Research and Development activities, establishing certain standards, delegation of duties and improving the cash flow to the company.

Business Management strategies can be viewed from various approaches such as the industrial organization approach and the sociological approach based on human interactions and strong human relations between the lowest and highest level of managerial authority. There is also a strategy hierarchy that can be divided into functional strategy and operational strategy where functional strategies include marketing strategies, product development strategies, human resource strategies, financial strategies and information technology strategies as opposed to operational strategies which include the day-to-day functioning of the business or the corporate organization. In this context, we can mention the concept of the of Business Process Management (BPM) which is defined as the juncture between Business Management and Information Technology and deals with tools and techniques to design, control and analyze the operational business processes of a business. The main asset or quality of the business process management is the improvement in the business processes through new software tools called the BPM systems which have made such activities faster and cheaper.

BY ECONOMYWATCH

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jueves, 19 de mayo de 2016

Mauro Libi: Business initiative creates an aura of positive thinking and feelings in the company

By Mauro Libi. Genius is one percent inspiration and ninety-nine percent perspiration. Accordingly, a 'genius' is often merely a talented person who has done all of his or her homework." - Thomas Edison.

The great inventor and businessman, Thomas Edison

Genius is largely the result of hard work, rather than an inspired flash of insight.

15 Inventions From Thomas Edison That Changed The World. Born 167 years ago on Feb. 11, 1847, Thomas Edison was an incredibly successful inventor, scientist, and businessman, accumulating 1,093 patents in his lifetime.

Thomas Edison is the first of individuals to design and offer mass production of an invention, simply by using his own invention. Also, the phonograph as well as other inventions brought financial promise too.

We know of Thomas Edison as the inventor, few however know how successful he was as a businessman. Many of Edison's inventions are still being used today. However, it is business side that I wish to focus on. He followed many of the principles of modern business. One such concept is business initiative. Initiative is a modern term for the word that Edison called perspiration.

In simple terms business initiative is the drive, the desire. A manager that has initiative has a drive to succeed. Such a manager creates an atmosphere among his employees to also want to do their very best and constantly improve. Without such an initiative coming from top management you can get s trickledown effect where employees are there only to collect a salary. Without such initiative there would be no pride in the work or product or services that is produced and quality will suffer. Motivation levels of the staff are higher. A manager who shows much initiative in attaining results will also encourage his or her staff to do the same.

A company with the proper initiative has a strong desire to be best in technology. No company on the market will surpass them in quality nor in technology. Such a company will invest in research and development and in the education of their employees.

Business initiative creates an aura of positive thinking and feelings in the company. They have the desire to sell , the hunger for it and they truly believe in their companies product. As a result their sakes department will break records in sales of their product. Initiative makes one feel positive. The drive to do things makes one feel very enterprising and the staff would feel very happy in their office environment. Being happy means, better results.

Higher profits can be attained. Initiative to perform well results in good profits. The staff will perform well. Targets can be achieved. One must have substantial initiative to achieve targets.

Not to be outdone, that disciple of earnest endeavour John Ruskin wasn't to be left out. In Notes by Mr Ruskin on His Collection of Drawings by the late J. M. W. Turner, 1878, he made the observation that:

I know of no genius but the genius of hard work.( By Mauro Libi)

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jueves, 12 de mayo de 2016

Mauro Libi: Success in creating new growth again and again

Growth opportunities are different from the core business. They require different skills and metrics and a thorough understanding of customers’ priorities. Most of all, they require a genuine commitment — not just fair-weather promises — from the top. These authors have developed principles that senior managers can apply and institutionalize to ensure the success of new growth opportunities said an article published by Ivey business journal.

Most senior managers know intuitively that relying on the inspired efforts of a few maverick managers to find and nurture new-growth opportunities is a recipe for stagnation. The odds of success are long, even for the best ideas, and in most companies the number of talented mavericks can be counted on one hand. Putting the whole burden of change on their shoulders will only produce frustration for the mavericks and stagnation for the company.

Success in creating new growth again and again lies in developing a systematic, organizational capability to identify, shape, and nurture new-growth initiatives. And the responsibility for doing that lies with the CEO and the entire senior management team.

Of course, achieving that goal isn’t easy. Most senior managers who recognize the urgency of new growth get hung up on a series of thorny issues:

· Creating innovative new-growth initiatives without losing discipline and focus on the core business.

· Reconciling the pressure for short-term earnings with multiplying requests for seed funding.

· Supporting innovative thinkers and risk takers without signalling neglect of the core business.

· Sorting out the opportunities that could truly move the stock price from those that are likely to produce only marginal improvements.

· Finding the time to guide and coach new-growth teams without neglecting the other burning issues on the agenda.

Managing these tensions is a long-term discipline rather than a problem to be solved once and for all. No single set of formulas will fit all companies. However, an examination of the practices of firms that have successfully fostered new-growth initiatives suggests that there are six principles that managers can apply to ensure that these initiatives succeed. Those principles are:

1. Make operational excellence in the core business your cornerstone.

2. Treat growth as a discipline to be pursued at all levels throughout the company.

3. Develop many small, maverick ideas, not a few large ones.

4. Shift resources from product and technology innovation to customer and business innovation.

5. Organize to suit the needs of the new business as much as the core business.

6. Use selective acquisitions and alliances to catalyze growth.

by: Adrian Slywotzky, Richard Wise

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