Corporate Culture | Teik Oh

How To Create A Self-Running Business

Apr 03 2018

Let’s talk about why you started your own business.

I suspect words like “financial freedom” feature a lot as well as the desire to spend more time with your family, being able to travel and see the world, or find that elusive work-life balance. You would think that being your own boss would allow you to organise your time so that you can dial in the right amount of work-life balance wouldn’t you?

Well, how’s that working out for you?

If you are like most small business owners, as you started your business, you would have been caught up in the hundred tiny things you had to work on, especially at the start when resources were too short to hire staff. Then, as the business grew, and you did hire staff, you seem to be spending more and more time “managing” people. As processes became more complicated, the call on your time increased, not decreased. Your new hires had to be shown how to do things, and they couldn’t quite make decisions so you got involved. Then, when things seemd to have settled down somebody resigned and it started all over again!

Do I need to go on?

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Create Workplace Wellbeing Programs

Sep 19 2017

There are some well-established studies that show that “wellbeing” in the workplace makes a lasting difference to the bottom line.

Apart from these studies, by university psych departments as well as business schools, it’s logical if you think about it. Employees who are uncomfortable at work, who carry problems into work and don’t find a release at work, logically are not as productive as happy, engaged employees.

Employees who are engaged at work – who identify with their teams and the company, who feel pride in theirs and the group’s achievements, work more productively. Unlike their disengaged, unhappy counterparts, they jump at the chance to contribute to something they believe in.

All workplaces try to create “wellbeing” in one form or other. Think of the Friday drinks. But workplace wellbeing, leading to solid employee engagement is more than just the regular social event.

How do you create a working wellbeing program?

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3 Secrets of Entrepreneurship

Sep 12 2017

This blog post is entitled, “3 Secrets of Entrepreneurship”.

Really? Only three?

Well, yes! These are the top three things you must get right if you want to be a successful entrepreneur. They are the three key strategic issues because everything else comes and cascades from these three secrets. All the work you have to do is to ensure you get these three secrets right. I don’t care what kind of a business you own and operate, whether it sells products or services, whether it’s lifestyle or technical, whether it caters to men or women, whether it’s online or bricks and mortar, whether you’re a solopreneur or you do or intend to hire a huge team.

You have to get these three things right.

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How Do You Build A Great Corporate Culture?

Mar 28 2017

I have been trying to find the exact quote but not had success. Peter Drucker, the renowned 20th century management consultant and management author is said to have said “Culture eats strategy for breakfast.”

Despite not being able to find the exact citation, the phrase certainly paraphrases much of Peter Drucker’s work.

So what is corporate culture, and why is it so kick-ass?

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Entrepreneurial Leadership – Take These 5 Steps

Mar 21 2017

Probably the strongest characteristic I know that is shared by successful entrepreneurs is the ability to take something complicated and turn it into something simple.

People with this successful trait are able to listen to partially related conversations, disjointed argument, complicated ideas other people are struggling to put together, and see the big picture before boiling it down to a simple conclusion. Perhaps they describe the essential idea simply, or distill it to 2 or 3 important steps, that encompass everyone’s thinking into a simple actionable idea or plan.

The second strongest characteristic amongst successful entrepreneurs I know is that they are able to combine their ability to get to the root of the issue and then, with clear leadership, turn it into a success factor for their company. This may be as simple as subtly taking over the conversation whilst allowing people to take the glory, or shifting mindsets so that the required daily actions seem so small and actionable. They do this in such a way that everyone understands the issue and the solution, everyone feels included, everyone understands the clarity of the objective, and everyone feels happy to contribute.

In talking to these successful entrepreneurs that I admire, I find that they come from all sorts of backgrounds and are in all sorts of industries, even including the not-for-profit industry. So it’s not all about making the profit, it’s about the clarity of thought and leadership that brings success to the venture.

In talking to these entrepreneurial leaders, I have discerned 5 areas of focus for them.

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Category - Corporate Culture

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How To Create A Self-Running Business

Create Workplace Wellbeing Programs

3 Secrets of Entrepreneurship

How Do You Build A Great Corporate Culture?

Entrepreneurial Leadership – Take These 5 Steps