What Business Winners Do Right, Where Business Losers Go Wrong

This document explores the characteristics that distinguish successful businesses from unsuccessful ones. It identifies six traits common to failing businesses, such as financial poverty and managerial ignorance, and ten traits of successful businesses, including innovation and customer-centric thi...

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Main Authors: Derek Farnsworth, Jennifer Clark, Allen F. Wysocki, Karl W. Kepner
Format: Article
Language:English
Published: The University of Florida George A. Smathers Libraries 2019-07-01
Series:EDIS
Subjects:
Online Access:https://journals.flvc.org/edis/article/view/138047
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author Derek Farnsworth
Jennifer Clark
Allen F. Wysocki
Karl W. Kepner
author_facet Derek Farnsworth
Jennifer Clark
Allen F. Wysocki
Karl W. Kepner
author_sort Derek Farnsworth
collection DOAJ
description This document explores the characteristics that distinguish successful businesses from unsuccessful ones. It identifies six traits common to failing businesses, such as financial poverty and managerial ignorance, and ten traits of successful businesses, including innovation and customer-centric thinking. The article provides checklists for managers to assess their organizations and suggests actions to eliminate negative traits and enhance positive ones. It emphasizes the importance of continuous improvement and strategic planning for long-term success. First published June 2001.
format Article
id doaj-art-68f2660015a643579a8907e7410229d0
institution Kabale University
issn 2576-0009
language English
publishDate 2019-07-01
publisher The University of Florida George A. Smathers Libraries
record_format Article
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spelling doaj-art-68f2660015a643579a8907e7410229d02024-12-25T05:48:15ZengThe University of Florida George A. Smathers LibrariesEDIS2576-00092019-07-012019410.32473/edis-hr007-2001What Business Winners Do Right, Where Business Losers Go WrongDerek Farnsworth0Jennifer Clark1Allen F. Wysocki2Karl W. Kepner3University of FloridaUniversity of FloridaUniversity of Florida University of Florida This document explores the characteristics that distinguish successful businesses from unsuccessful ones. It identifies six traits common to failing businesses, such as financial poverty and managerial ignorance, and ten traits of successful businesses, including innovation and customer-centric thinking. The article provides checklists for managers to assess their organizations and suggests actions to eliminate negative traits and enhance positive ones. It emphasizes the importance of continuous improvement and strategic planning for long-term success. First published June 2001. https://journals.flvc.org/edis/article/view/138047Motivation
spellingShingle Derek Farnsworth
Jennifer Clark
Allen F. Wysocki
Karl W. Kepner
What Business Winners Do Right, Where Business Losers Go Wrong
EDIS
Motivation
title What Business Winners Do Right, Where Business Losers Go Wrong
title_full What Business Winners Do Right, Where Business Losers Go Wrong
title_fullStr What Business Winners Do Right, Where Business Losers Go Wrong
title_full_unstemmed What Business Winners Do Right, Where Business Losers Go Wrong
title_short What Business Winners Do Right, Where Business Losers Go Wrong
title_sort what business winners do right where business losers go wrong
topic Motivation
url https://journals.flvc.org/edis/article/view/138047
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