No matter which business you are in, no matter if you offer a service or manufacture a product, no matter how big or small your business is, at the core root there is a division that can always be made of parts that play a crucial role.
Every business has to deal with 4 core principles in order to be sustainable. They are:
I will explain these 4 principles in this article. Don’t be misled by the chosen names, they might not be what you expect in first place. Every principle plays an important role in the whole organism that a business is. With each principle I will go further into its purpose, the part that it plays and the challenges that a business has to overcome in order to become successful.
- A business works in a specific environment = framework
- A business changes a certain situation in this environment to another outcome = main flow
- Side flows are generated as a consequence of the main flow
- Internal communication
- External communication