Communication, Leadership Key to a Successful Business, According to AdviCoach®
SOUTHBURY, CT - (Marketwire - Aug 30, 2012) - One way to win the race in business is to go back to the basics. Good leadership and communication, for example, within a business are critical, but many small business owners find it difficult to grasp their importance, says Brian Miller, COO of AdviCoach®.
"There are many common hurdles that business owners face; however, the lack of leadership and communication is one of the top five reasons why businesses fail," says Miller. "Leadership comes in many forms, but one of the most important is the articulation of a clear vision or organizational alignment, something that employees can be motivated by and support."
Many leaders of small businesses lack the ability and expertise to lead teams. Employees are unclear about what is expected of them, fail to achieve crucial goals, or don't quickly grasp their role in the business. According to analyzed research by AdviCoach, the following are some of the complaints that employees from small businesses have about management:
- The manager does not encourage open, honest two-way communication.
- Management does a poor job of establishing clear priorities and objectives.
- Senior management lacks a clear vision of the future direction of their organization.
Miller says good leaders provide a trust-based environment where employees come first and are recognized as key to the organization's success. There should always be open communication and a shared vision for the end goal. Employee engagement is critical to the success of all businesses.
On the other hand, if there is a fear-based management style dominating the environment or a "my-way-or-the-highway" attitude, employees are not motivated to do their best. Poor communication rarely brings out the best in a talented team.
"It's oftentimes difficult to assess how leadership and communication problems can impact a company," says Miller. "Small businesses should look outside for help when faced with a performance record that doesn't align with their goals and vision of the company."
Business coaches with AdviCoach, the leading coaching and advisory firm, specialize in helping business owners remove their blinders about key issues, such as leadership style and effectiveness, to see their role more objectively and make fact-based decisions to increase organizational performance.
For more information about business coaching services and AdviCoach®, please visit www.advicoach.com
AdviCoach is the premier source for business coaching and advisory services customized for small to mid-size businesses. With its unique "AdviCoach Advantage™," AdviCoach coaches help businesses increase their ROI and deploy a multitude of Rapid Impact Strategies to impact the bottom line of their business. Today, AdviCoach, along with sister company The Entrepreneur's Source®, dominates the $1.5 billion dollar Business Coaching/Consulting franchise market with 33 percent market share in North America. In 2011, AdviCoach was ranked in the top 100 fastest growing franchises by Entrepreneur Magazine; in the Top 100 new franchises by Franchise Market Magazine; listed in the Franchise 500 by Entrepreneur Magazine for 3 consecutive years as a Top Home-based Franchise, Americas Top Global Franchise, and AllBusiness.com's AllStar Franchises list. More information is available at www.advicoach.com
AdviCoach® is a registered trademark of AdviCoach Franchising, LLC. All rights reserved.
Cynthia L. Schick