Making Your Leadership and Management Work

To lead and manage a business is not easy so that is why we're providing you some tips that could help to make your business better if not the best.

• Surround yourself with talent. "Here lies a man who was able to surround himself with men far cleverer than himself."

     Andrew Carnegie, American steel empire builder.

• Hire the best people. "You're only as good as the people you hire."

     Ray Kroc, Mc Donald's founder

• Buy out the other owners, if needed, in order to save the enterprise. "My husband and I offered to buy out the rest of the family's share in the bank. Our offer was accepted and this gave us the freedom to pursue the vision that we had for Bangko Kabayan."

     Teresa M. Ganzon, managing director of Bangko Kabayan Inc., after the rural bank based in Batangas went through a financial crises that force Ganzon and her husband to get deeply involved in its operation.

• Keep it in the family. "How do you retire from your family? The restaurant business, for example, is just a business, but a family business like ours is a culture. We look at it as simply spending time with our family, and it just so happens that we're making money while doing it."

     Dr. Francis Sarabia Ong, operating manager of Vivian Sarabia World of Optics.

• It's not always about money. "When I became an enterpreneur myself, I learned that people stay with you 30 to 40 percent of the time only because of money. But I found that 60 to 80 percent of the factors are actually other things such as the work environment, the company culture, and fun. If they enjoy working with you, they are not inclined to leave. As they say in HR buzzwords, 'People join a company, but they leave a manager."

     Noel de Leon, CEO of Strategic Organizational Management Services (STORMS)

• Work with your team. "Coming together is a beginning, staying together is progress, and working together is success."

     Henry Ford, automotive founder

• Persevere, persevere, persevere. "I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. it overcomes almost everything even nature."

     John D. Rockefeller, oil magnate and philanthropist.

• Keep managers at a minimum. "We don't have as many managers as we should, but we would rather have too few than too many.'

     Larry Page, Google co-founder

• Integrity is everything. "Our virtues and our failings are inseparable, like force and matter. When they separate, man is no more."

     Nikola Tesia, inventor

• Man up to your mistakes. "A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them."

     John C. Maxwell, leadership guru.