How difficult is managing a business?

[Naz]

The difficulty in managing a business is determined by a variety of factors. Some of these factors include: the size of the organization, the types of industries, and the business environment.

A study by Deloitte showed that larger organizations are likely to face more difficulties in managing their businesses due to a need for more integration between departments and functions. Large organizations usually have larger budgets, which make it easier for them to afford new technologies and resources that can help with business management.

Organizations in different industries will also have different levels of difficulty in managing their businesses because each industry has its own set of challenges that come with it. For example, healthcare providers are faced with high-costs associated with running their business because they often deal directly with life-threatening conditions or chronic illnesses.


What's your opinion regarding this post? Which other difficulties are there in managing a business?

 

[Mika]

If you are not a natural leader (lack natural leadership quality) or if you do not have leadership skills and knowledge (you are not trained to become a leader, you did not study proper course), it might be very difficult to manage a business. Do you know how Steve Jobs managed to become successful? Well, he was the world's best salesman, and he was the world's best business manager, Jobs was, of course, an innovator, but more than innovation, he excelled in marketing and sales. Do you know how Bill Gates managed to become successful? Bill Gates is an innovator, He made something that made it possible for common people to use personal computers. Therefore, in order to become successful as a business manager, you need to be a good salesman as well as an innovator. The difficulty level in managing the business depends on your skills, knowledge, and expertise.

 

[btaliat]

Managing a business is one of the hardest things in life. There are many unsaid things that managers face on a daily basis. But the funniest thing is that people see their glory and don't care about their stories. The following may be some of the problems faced by the managers to show that they are always faced with many difficulties.

Which policy to be used? Managers always get confused about the type of style to adopt while relating with his workers. Sometimes, if he's too cold, the workersay not have breathing space hereby doing their works under pressure and the result of working under pressure is always catastrophic. And if he's to adopt being friendly, he may still be taken for granted and negligence may set in from the part of the workers.

Handling conflict. Point of contact is always point of conflict. So there is no s gainsaying when someone admit that there will always be disagreement among or between workers. He may however be patient and try to find some best ways to resolve the problems or else he may be accused of being partial or biased.

In other words, management is not as easy as people think.