An Introduction to Business Management

The Business Management[1] function today is considered to be “planning, organizing, motivating, leading and controlling.”[1] Most managers put the emphasis on controlling, micromanaging[1]. Unfortunately, they do not realize that controlling means to understand the current status of the particular business. Then by proper planning, organization, motivation and leading the situation can be controlled to insure a profit.

A good manager will insure a profit is accomplished by removing all obstacles to success.  Planning, organizing, motivating, leading and controlling are the functions required of the manager to insure there is success.

Superior Trading Performance is organized to help all persons improve their profit margin. To that end we provide information that will help with planning, organizing, motivating, leading and controlling your business. We will point the way to good books as well.

Superior Trading Performance will show how to use tools useful in all functions of the business. We can’t grantee the business will make a profit nor the use of the tools will improve the profit. There are simply to many factors that influence the final outcome of the business for us to make that promise. “True” business tools do not promise instant profits. They do not promise instant wealth. They do promise to direct the user to the proper path to help them make the best possible profits in good times as well as bad.

One point should be made about business tools. If they don’t lead to an actionable outcome then they are of no use. For example if data is taken on the number of calls made each day to make business appointments but the data does not lead to an action which creates better efficiency and/or effectiveness in the calls, the data is worthless. It should ether not be taken or used to improve the profit of the business.

Remember, business is all about profit. Both sides of the trade must make a profit, win-win business. The management of your business must make all business management decisions in such a manor to maintain optimal profit while maintaining the best possible customer relationship. After all, with no customer there is no business.

[1] en.wikipedia.org was the source of the definition of business management. The link provided in the main discussion points back to the original en.wikipedia.org document.


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