Case Studies


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Case Studies


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Digital Ecosystems


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Financial Services


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Health


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Media


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Retail


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Smart Cities and Transportation


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Retail


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10 tips for world class business

Guy Rigby Monday, 28 May 2012.

What makes a great business? Here are my thoughts in ten 'tweetable' points of less than 140 characters!

1. Vision

Vision is the key driver of business success. Great leaders think big and imagine the real and the ideal side by side.

2. Strategy

Only a clearly defined strategy delivers the realistic means for a business to achieve its vision over time.

3. Planning

Good business planning stimulates, encapsulates and articulates, providing focus and direction for measurable business success.

4. Leadership

Leadership is about doing the right things. Management is about doing things right.

5. Management Team

Recruiting and empowering a capable and committed management team is the biggest entrepreneurial challenge.

6. Money

Businesses talk about turnover and profit, but it's cash in the bank that speaks loudest.

7. Culture

Purpose and values lie at the heart of every great business. Value 'meaning' as well as 'money' to make your business fly.

8. Marketing

Marketing is the art and science of making customers want to do business with you. Think engagement, not broadcast.

9. Collaboration

Collaborate to accumulate. The road to growth is paved with partnerships; successful businesses rarely operate alone.

10. International

Think international. It's not just for large businesses — technology and logistics mean that everyone can play.

For more information on growing a world-class business, get a copy of my book, 'From Vision to Exit, The Entrepreneur's Guide to Building and Selling a Business', available on Amazon and in all good bookshops now.

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Guy Rigby

Guy Rigby

Guy is an experienced chartered accountant and an entrepreneur. A natural and driven enthusiast, he built and sold his own accountancy firm, as well as pursuing other commercial interests. He has been a director and part owner of a number of different companies, including businesses in the IT, property, defence, manufacturing and retail sectors.

Guy joined Smith & Williamson in 2008 and leads the entrepreneurial services group. His day to day activities include advising entrepreneurs and their businesses and coordinating Smith & Williamson's activities in this increasingly important market.

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