Lucius Annaeus Seneca said: “If one does not know to which port one is sailing, no wind is favorable.\u201d<\/p>\n
Know your Habour! \u2013 Know your Goal!<\/strong> <\/p>\n In business we settle goals. This can be done as a specific data or a process. A specific data e.g. is an amount for the annual sales. Besides, the development of a specific innovative solution or the construction of a department for international sales are examples for targeted processes. <\/p>\n Choose for the right boat! – Set your standards!<\/strong> <\/p>\n In business we decide for application and observance of principles and methods. For example we are working with budgets and the minimum principle of economy: We would like to achieve a certain amount annual sales with minimum funds. Hence we are focusing on cost reduction. Alternatively we can follow the maximum principal of economy e.g. by fixing a budget and working towards market presentations in a maximum number of Asian countries as possible within a certain period. <\/p>\n There is always a way! \u2013 Take your advantage!<\/strong><\/p>\n In business we are looking for alternative options and their conditions. We are evaluating them and are chosing for the advantages. <\/p>\n Reach your goal! \u2013 Make the step!<\/strong> <\/p>\n After you set your goal, you put in place the right standards and you prepared the way, from there on it all will depend on each of your step only. A marathon run consists out of 42 kilometer and each inch of it should be run well. At the start of a marathon there is no runner who is thinking of the finish. The finish is the logical outcome of 42 successful kilometers. <\/p>\n Translated to business management it means: <\/p>\n Out of the author\u2019s personal experience success needs 20% concentration on target determination and 80% concentration on process management or like Jack Ma, founder of Alibaba Group said: <\/p>\n 1st<\/sup> class idea + 3rd<\/sup> class execution < 3rd<\/sup> class idea + 1st<\/sup> class execution! <\/p>\n Stephen Schwedler Certified Tax Consultant, Auren Germany<\/em><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Lucius Annaeus Seneca said: “If one does not know to which port one is sailing, no wind is favorable.\u201d<\/p>\n","protected":false},"featured_media":8927,"template":"","meta":{"_acf_changed":false},"global-blog-category":[],"class_list":["post-10155","global-blog","type-global-blog","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n\n