Business management framework

1. Hello and thanks for
stopping by to watch this
short presentation that
introduces our
Business Management
FRAMEWORK
for small business owners
and entrepreneurs.

2. Business
Management
As an entrepreneur or
business owner, you
need to be prepared to
tackle anything.

3. Business
Management
Managing a business is a
complex process and can
be “confusing”.

4. Business
Management
You may be wondering…
“What is it that I DON’T
KNOW about managing
and growing my
business?”

5. Business
Management
Our mission here at
SmallBizOrg.com
is to help you be successful
in your endeavours.

6. Business
Management
So we summarized and
adapted here for YOU the
Business Management
framework that is taught
in
the MBA programs
all over the world.

7. Business
Management
It will give you a
COMPLETE MIND MAP
of EVERYTHING that you
need to think about in
order to manage your
business successfully.

8. Business
Management
With this knowledge in
hand, you will be able to
run your entire business
just as top business
professionals do.

9. Business
Management
Managing your business will
require you to have your
hands in everything, ...

10. Business
Management
...so you will need to have a
solid understanding of
each of the 6 elements of
this framework, which
are:

11. Business
Management
STRATEGIC
MANAGEMENT

12. Business
Management
MARKETING
MANAGEMENT

13. Business
Management
OPERATIONS
MANAGEMENT

14. Business
Management
FINANCIAL
MANAGEMENT

15. Business
Management
HUMAN RESOURCES
MANAGEMENT

16. Business
Management
RESEARCH AND
DEVELOPMENT
MANAGEMENT

17. Business
Management
While all are unique, they
still rely on each other to
run smoothly.

18. Business
Management
Let’s zoom in now in each
of these management
areas...

19. Strategic
Management
Strategic Management
will guide you in the right
direction as your
company grows and
changes.

20. Strategic
Management
It is where you will formulate
goals, milestones, and
ultimately a BUSINESS
PLAN so that you know
where you want to be in 1
year, 5 years, and 10
years...

21. Strategic
Management
… and more importantly,
how you will get there.

22. Marketing
Management
Marketing Management
guides you to make
educated decisions on
the FOUR P’s of
marketing:

23. Marketing
Management
1) the PRODUCTS you will
offer,

24. Marketing
Management
2) your PRICING plan,

25. Marketing
Management
3) how you will PROMOTE
your product or service,

26. Marketing
Management
4) where will you be offering
your products and
services, (the “PLACE”).

27. Marketing
Management
These important decisions,
which should be done
based on
MARKET RESEARCH,
will be reflected in your
MARKETING PLAN.

28. Operations
Management
Operations Management
forces you to examine every
business process in your
company ...

29. Operations
Management
... to discover problem
areas and opportunities
for optimization.

30. Operations
Management
You will have TWO ultimate
goals with your
operations management:

31. Operations
Management
1) to ensure the QUALITY
of the product or service
you are offering and

32. Operations
Management
2) to make sure your
business processes are
running as
COST-EFFECTIVELY
as possible.

33. Operations
Management
With this information, you
will create and follow an
OPERATIONS PLAN.

34. Financial
Management
Financial Management
will ensure that you:

35. Financial
Management
1) are making profitable
decisions and
2) are able to meet all of
your financial obligations.

36. Financial
Management
This is where you will:
a) compile financial
statements,

37. Financial
Management
b) decide what is worth to
spend money on and
what is not and

38. Financial
Management
c) manage your cash-flows
and handle accounting
and bookkeeping needs.

39. Human Resources
Management
Human Resources
Management
is how you will recruit
talented candidates and
retain valuable
employees.

40. Human Resources
Management
On top of managing
varying personalities,
human resources
management will help you
...

41. Human Resources
Management
... juggle the regulations
and expectations that
come with being an
employer.

42. R & D
Management
Research and
Development (or R&D)
Management
will :

43. R & D
Management
1) help to improve your
current products and
services,

44. R & D
Management
2) develop new products or
services, and

45. R & D
Management
3) discover more cost-efficient
ways to continue
offering your products or
services.

46. R & D
Management
By consistently
incorporating R&D into
your everyday business
practices, you will position
yourself to fill new
markets as they emerge.

47. Business
Management
Managing every aspect of
your business is a
massive undertaking, but
it can be done with the
right guidance and
resources.

48. Business
Management
For more details visit us at
SmallBizOrg.com
to find out EVERYTHING
you need to know about
managing your business,
from start to finish.

49. Business
Management
PS: Our “logo” is a
hexagon to reflect this
framework and to remind
you that there are 6 areas
of business that you
ALWAYS need to focus
on to be successful.