What are your checks and balances in business? For large companies its their Board of Directors. For small businesses it may be a another employee or an outside advisor. Either way we need checks and balances. Why am I saying this. For one its easy for us to get a little big headed when our businesses are prospering. A lot of times we contribute our success to our education, executive team or maybe our knowledge and experience. Whats working now may not always work. So you maybe asking what does this have to do with checks and balances. The reason we have checks and balances are to get a different point of view of a challenge or situation we may be dealing with. Example, how can I change my business model or how do I release a new product or service. When making decisions our judgment can sometimes be clouded by our own views and beliefs. So this is the reason we have checks and balances.
I propose to you using the Holy Bible's principals and laws for checks and balances in your business policies and decision making.
Here is scripture references:
Proverbs 11:14 New International Version, "For lack of guidance a nation falls, but many advisers make victory sure."
