Attitudes in Business

Attitude is:  “A predisposition or a tendency to respond positively or negatively towards a certain idea, object, person, or situation. Attitude influences an individual’s choice of action, and responses to challenges, incentives, and rewards (together called stimuli).” According to Business Dictionary.

Applaud business performance is a function of staying positive in response to business challenges, and business success is all the attitude. it is very important for any business owner or entrepreneur to develop positive attitude to skills, knowledge and talents which a typical business demands to remain competitive.

Achieving success in business is function of mental activeness reflected in the attitude of the one who positively controls it. These include:

How Strong a “WHY”The Passion

First, have a strong “WHY”. How strong is “WHY” – the passion you have developed for your business. when you identify the “WHY” you started the business and determine how strong at every point in time, you will never treat your business with negligence. Besides, the passion a business gives an edge to overcome difficult moments and business challenges.

Distinct Core Value and Good Image

Second, is the Core Value and the Goodwill you have developed in your business over time. Core values are the fundamental beliefs of a person or organization. These guiding principles dictate behavior and can help people understand the difference between right and wrong. Core values also help companies to determine if they are on the right path and fulfilling their goals by creating an unwavering guide.

Of course, core values aren’t always positive. Some people may be driven by self-interest or greed, and these are core values, too, if they dictate the way the people live their lives. Negative attitudes and core values can also develop when people live in fear or insecurity and are forced to focus on survival in difficult circumstances.

Corporate Core Values

Companies can have core values as well. These are the guiding principles that help to define how the corporation should behave in business and perhaps beyond, if they have an additional mission to serve the community. Core values are usually expressed in the corporation’s mission statement. such as Dependability, Reliability, Loyalty, Commitment, Open-mindedness, Consistency, Honesty, Efficiency, Innovation, Creativity, Good humor, Compassion, Spirit of adventure, Motivation, Positivity, Optimism, Passion, Respect, Fitness, Courage, Education, Perseverance, Patriotism, Service to others, Environmentalism.

To get a sense of what your core values are, ask yourself what activities bring you the most joy, or what you couldn’t live without. What gives your life meaning or what do you want to achieve? If you can articulate those answers, you’ll likely see a pattern that you can boil down into a single concept, such as a consistently positive attitude or using your creativity to make the world a better place.

Consistency and Strong Business Ethics

There is the saying: If you are persistent, you will get it. If you are consistent, you will keep it. I came across a story of a professional golfer Jordan Spieth. Spieth was the defending champion of the Masters golf tournament. He led a certain year’s tournament for the first three rounds and had a five-stroke lead going into the final nine holes. Then things began to fall apart. He proceeded to bogey two straight holes and then had a disastrous quadruple bogey on the 12th hole from which he never recovered, losing the tournament to Danny Willett.

Spieth was anything but consistent. Willett was less volatile with his scores. He made 15 birdies and eight bogeys during the tournament. But more important, five of his birdies came during the final round, with no bogeys. In short, Willett was more consistent, which is why he won the tournament.

Everyone wants consistency, whether it regards running a business, investing, supervising employees, dieting, exercising or parenting. Consistency develops routines and builds momentum. It forms habits that become almost second nature.

In addition, The value of Strong Ethical Business practices can be found in your business reputation and company brand. Strong ethical business practices are a hallmark of a good company that you want to build and maintain in your small business. Build sound business practices by setting an ethical example and creating policies and procedures that govern the activities and processes in your business.

Social Responsibility

The theory of social responsibility is built on a system of ethics, in which decisions and actions must be ethically validated before proceeding. If the action or decision causes harm to society or the environment then it would be considered to be socially irresponsible.

Moral values that are inherent in society create a distinction between right and wrong. In this way, social fairness is believed (by most) to be in the “right”, but more frequently than not this “fairness” is absent. Every individual has a responsibility to act in manner that is beneficial to society and not solely to the individual

Operating a business according to ethical standards requires ongoing commitment. Show how you’re committed to society through social responsibility initiatives, further building your company’s reputation. For example, use your website or newsletter to describe the charities and volunteer programs that your employees participate in; don’t forget to share how your company makes green decisions such as recycling to benefit the environment. You want ethics to be integrated into all business activities.

Shortcomings in achieving your business objectives can be mitigated with strong emphasis on the positive attitude discussed above, which could be learned. Implementation and reflection on them are sure way to attain business goals.

Do You Need Accounting Help?

Consistent up to date and cleaning of accounting records for sound business decision making, may be posing some difficulties when you are preoccupied with other business functions. Is it time to consider independent professionals because of certain technical complications that could occur along the line? It could also be daunting, time-consuming procedures. Not recording correctly and poor monitoring can cause complications and confusion.

we @Fritznoble  assist our clients on the best available options that suit their businesses...Reach out/ Outsource  With Us… If Accounting works are bothering you, then it’s time you outsourced your accounting and bookkeeping requirements, this will help you concentrate more on core competencies of your business; with a team of professionals to help.

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