Run Your Business, Don’t Let It Run You!
EBSCO Publishing has just released a new book summary. In Run Your Business, Don’t Let It Run You, Clay Mathile presents a guide to helping businesses grow using professional management techniques. Drawing deeply from his own personal experiences running the pet food company, Iams, and founding the nonprofit foundation Aileron, Mathile’s guide aims to help business owners who wish to stop working 16-hour days and start building a framework for long-term growth, family stability, and achieving their professional dreams. Centered around a “Direction, Operation, Control” approach to professional management, Mathile aims to help business owners influence the future of their organizations by moving away from day-to-day operations and focusing on the bigger picture.
Clay Mathile offers readers the following advice:
· If it feels like “your business is running you,” it may be time to transition into professional management. Stepping back to gain perspective on the long-term future of the company is vital for a leader.
· Professional management is a method for running a business that is rooted in proven fundamentals. These techniques can help to ensure that a business is constantly reaching new levels of success.
· Professional management has a multitude of areas that need concentration. These areas include leadership, strategy, people development, business structure, performance management, “living your values,” and managing the board.
· Thinking and planning is an ongoing business process, and it requires a leader to focus on three key areas: direction, operation, and control. Focusing on these areas will unavoidably distract a leader from day-to-day operations, but the trade-off is a greater sense of perspective.
· Even people who do not own a “family business” still need to take the needs of their families into account. A crucial step in the professional management process is taking stock of interactions with one’s family about business matters, and being aware of issues of impact and succession on family members.
In addition to a 7-10 page summary of the book, each Business Book Summary includes a Key Concepts section that outlines the main points of the book, an About the Author section that informs readers of the author’s background as well as their additional written works, and a Features of the Book Section that explains the special features found within the book.
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