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BUS 368 FT - Business Communications
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<p style="text-align: justify;">If you are into business you may have to use a lot of analytical thinking skills. In order to attain success in business, there is a need for attaining some discipline and some useful skills in one’s life. We have seen the examples of various successful businessmen who are appreciated for their planning, thought process and skills. Lets us learn about 5 such essential skills that are most commonly found in successful businessmen.</p> <p style="text-align: justify;"><strong>- Management of Funds and Finances:</strong></p> <p style="text-align: justify;">Business and finance go hand in hand. Even if you are doing a small business such as owning a tea stall, you need to check up on your investment and returns on a daily basis. One of the biggest reasons for failures of most of the business is based on two facts- management of people (human resources) and management of finances. Big business houses usually have a set up of people in their accounts team with highly <a href="https://blog.mindvalley.com/analytical-thinking-skills/" target="_blank" rel="noopener">analytical thinking skills</a>. These people work day and night with precision to ensure that company finances are smoothly flowing in and out on a daily basis.</p> <p style="text-align: justify;">Maintain proper ledger accounts. Hire help as and when you need it. Trust only qualified and experienced people for the job. Do not go on to hire someone who can perform the job in lesser money. If your finances will go wrong, there are high chances of ending up in major losses.</p> <p style="text-align: justify;">It is better to keep a regular check on the finances yourself too. Most of the successful businessmen get deeply involved in studying and discussing financial matters with their people on a regular basis.</p> <p style="text-align: justify;"><strong>- Dealing with business:</strong></p> <p style="text-align: justify;">Let us take an example that you belong to an Asian country and decide to expand your business to some European firms. But you do not know their language at all! Will you be able to hold close conversations with the client with ease? You might hire some language experts for the time being but it will be difficult for you to form a great bonding with the client unless you show a keen interest in their culture and communication habits.</p> <p style="text-align: justify;">For being a successful businessman you need to be good in communication skills. Language may not be a barrier if you use the appropriate body language. Other than that you must be having good skills to negotiate with your client on various levels.</p> <p style="text-align: justify;"><strong>- Managing Human Resources:</strong></p> <p style="text-align: justify;">As we have mentioned above that it is really important for a business to manage its human resources effectively, it can be understood with the example of a Football team. If expert players quit the team for some reason or the other, what will be the condition of the team?</p> <p style="text-align: justify;">Similarly, if experienced and experts in business will start quitting, there will be a lack of stability and a dearth of talent in the company. Therefore, value your employees. Give them bonuses, promotions and time to time recreational platforms to form better bonds. In one way you need to give them reasons to stay with your firm.</p> <p style="text-align: justify;"><strong>- Handling your customer:</strong></p> <p style="text-align: justify;">We know that “the customer is the king” for every business matter. As a businessman, you may be a Warren Buffet or Steve Jobs, but if you have not got a hold on your customer’s choices and demands, you may ruin everything that you have earned in a matter of time. Therefore, various companies have set up their grievance cells and customer care cells for handling their customer queries and complaints. They try to satisfy each and every customer and make them feel important.</p> <p style="text-align: justify;">A successful businessman has to know how to make the customer happy and loyal through kind words and after-sales services.</p> <p style="text-align: justify;"><strong>- Foresightedness:</strong></p> <p style="text-align: justify;">The successful businessmen use their analytical thinking skills to be able to foresee the consequences of any situation. They should be able to take benefit of any situation that may be going to get formed in the near future. At the same time, they must be having a strategy in place to bear the consequences of any negative situation arising in or out of the business.</p> <p style="text-align: justify;">These qualities are a must in any person who wants to become a successful businessman in the near future.</p> <p style="text-align: justify;">Source:<br /><a href="https://shapeandbody.eu/pl/odchudzanie/sliminazer/">https://shapeandbody.eu/pl/odchudzanie/sliminazer/</a><br /><a href="https://shapeandbody.eu/pl/odchudzanie/bioxyn/">https://shapeandbody.eu/pl/odchudzanie/bioxyn/</a><br /><a href="https://shapeandbody.eu/pl/odchudzanie/piperine-forte/">https://shapeandbody.eu/pl/odchudzanie/piperine-forte/</a><br /><a href="https://shapeandbody.eu/pl/ochrona-zdrowia/artroser/">https://shapeandbody.eu/pl/ochrona-zdrowia/artroser/</a><br /><a href="https://shapeandbody.eu/pl/ochrona-zdrowia/calminax/">https://shapeandbody.eu/pl/ochrona-zdrowia/calminax/</a><br /><a href="https://shapeandbody.eu/pl/ochrona-zdrowia/detosil/">https://shapeandbody.eu/pl/ochrona-zdrowia/detosil/</a><br /><a href="https://shapeandbody.eu/pl/ochrona-zdrowia/lutenea/">https://shapeandbody.eu/pl/ochrona-zdrowia/lutenea/</a><br /><a href="https://shapeandbody.eu/pl/ochrona-zdrowia/ravestin/">https://shapeandbody.eu/pl/ochrona-zdrowia/ravestin/</a><br /><a href="https://shapeandbody.eu/pl/ochrona-zdrowia/sugarept/">https://shapeandbody.eu/pl/ochrona-zdrowia/sugarept/</a><br /><a href="https://shapeandbody.eu/pl/ochrona-zdrowia/varicolen/">https://shapeandbody.eu/pl/ochrona-zdrowia/varicolen/</a></p>
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