Monday, 1 July 2013

Relationship between Speed, Risk and Emotional IQ

To SME Owners

Six months done and dusted in your sme business, six to go. A great time to review how you stand,
re the above and how they relate to each other, interlink.

Being a Sme, one of the competitive advantages is to move with speed, quick decision, in conjunction with level of risk that you will take from making business decisions.

I had a client, asked them how quickly do they make a R5000.00 once off decision vs R5000.00 per month, interesting discussion?

Speed, does not mean, getting busier and busier, remember the notion of busy is not working,or moving fast, makes sense?

Add emotional IQ to the mix, which in some ways is about your personal competence level, also of your staff. Emotional IQ is about your awareness, reaction to any given situation.

So give some thought to the above, you will be better positioned when you address the above as part of your Business model.

Till next time may the Force be with you, I am your silent partner helping you work on your business.