MAXIMIZING THE POWER OF "EXECUTIVE INTELLIGENCE" IN YOUR BUSINESS

The business terrain globally is becoming increasingly challenging and fiercely competitive. Globalisation and technology are re-defining patterns of doing business. Great business leaders are constantly on the lookout for change in their business environment and seek means of maximizing the change to their advantage.

However, alterations in business environment would not happen without concomitant effects (attendant challenges). Some business leaders thrive successfully managing these problems, which is why they are successful in the first place. Others who lack the know-how pay dearly for it. In reality successful business leaders have come to recognise effective constant problem solving as an integral part of their responsibilities. Problems are viewed as normal occurrence in business. Their ability to focus on problems and treat them just the way they are is one of the secrets that earned them a place in business success. Problems are mere issues that require objective and realistic thinking and actions to be solved. Anything short of this gives the problem a false outlook and makes it solution difficult to attain.

Solving problems effectively sure requires a strategic approach but not necessarily a complex move. Business executives more often neglect the place of simplicity in choosing and executing strategy in their business. They look too far and high for solutions they could have got as close as their pockets. They are simply not maximizing Common Sense--"Executive Intelligence".

The term "Executive Intelligence" is no special concept but Common Sense.

Over and over again simple business strategy/Solutions have proven to be the best and deliver optimum results, while the most intricate ones bring little or no result.

In the words of Napoleon Bonaparte "The art of war does not require complicated maneuvers; the simplest are the best, and common sense is fundamental. From which one might wonder how it is generals make blunders; it is because they try to be clever".

Neglecting the place of simplicity in designing corporate strategy has resulted in lack of sustainability in business performance, thereby forcing organisations to unnecessarily change strategies too often. The consequences among others include sheer waste of resources and time.

Business organisations can create a culture that promotes "Executive Intelligence" by installing management practices that encourage individual initiatives and experimentation. This will not only create room for executives to help organisations solve its most daunting business challenges effectively but also position it for a continued evolutionary progress.