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Rick Stephens, Principal Advisor

Accredited Executive Associate of the Institute for Independent Business

“A man is known by the company he builds.” Ambrose Bierce (1842–1914), American Author

Effective management is the key to the establishment and growth of any business. It is impossible to build a thriving and long lasting business without strong and effective management.

Despite the importance of management, this area is often misunderstood and poorly implemented by the entrepreneurial business person, primarily because they often focus on the output of the business rather than the process of managing the businesses functions to create top profitability and superior output.

Successful management is founded on the mastery of myriad details. While management schools teach the importance of focusing attention on major issues affecting the business, practical managers realize the major issues are composed of smaller issues within the business. In an increasingly structured society, inattention to even one minor detail can result in significant disruption of the business or even its failure.

Effective management is NOT a luxury, it is a necessity.

Below are some resources to help you strengthen your management skills.