The rules of management applied to company Ladrillos Sur

Rules of management appliet to real company

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1. .. RULE 1: DON'T BORROW

1.1. 1. only

1.1.1. When absolutely necessary

1.1.1.1. for example

1.1.1.1.1. A very expensive project

1.2. 2. It is preferable

1.2.1. Be financed whenever possible with resources from partners or the company

1.3. 3. Does this company apply it?

1.3.1. The company generally does not borrow everything, it pays for everything with its own resources

1.3.1.1. however

1.3.1.1.1. Currently, the company requested a loan to cover a month of payroll that was not worked due to the quarantine

2. . RULE 2: FIND A BALANCE BETWEEN WORK AND PERSONAL ACTIVITIES

2.1. it's important

2.1.1. Don't neglect work

2.1.2. do not neglect interpersonal relationships or hobbies

2.2. Is it evident in the company?

2.2.1. The company prioritizes work and has their respective breaks

2.2.2. It does not have spaces or leisure times, due to the fact that it manages fair schedules

3. . RULE 5: BE BRUTALLY HONEST

3.1. what does this mean?

3.1.1. You have to be aware of your strengths and weaknesses

3.1.2. Don't be ashamed of asking for outside help.

3.2. is the company aware of this?

3.2.1. The company knows their abilities and limitations, so they try to make the most of these employees' abilities to cover those shortcomings

3.2.2. It is generally not common for them to seek outside help

4. START OF ENTREPRENEURSHIP Family business founded in 1966 by 3 partners

4.1. main motivation

4.1.1. To have their own company

4.2. Is the owner happy?

4.2.1. Yes, he is and projects it

5. MANAGING YOUR TEAM Employees are not seen as tools

5.1. instead

5.1.1. They are motivated

5.1.1.1. for example

5.1.1.1.1. With bonuses for meeting the production goal

5.1.2. They are given tools to fulfill their functions

6. MANAGING YOURSELF Interest in acquiring mostly practical rather than theoretical experience

6.1. in contrast

6.1.1. Leaders are given courses to continually improve

6.1.2. Training in operational positions is not as frequent

7. . RULE 3: HAVE A PLAN B

7.1. Always think about

7.1.1. What to do in a pessimistic scenario

7.2. Is it done in the company?

7.2.1. Usually there is no contingency plan, the organization is more reactive

7.2.1.1. for example

7.2.1.1.1. When there is excess production because the client did not buy the whole, it is stored for a future client

8. . RULE 4: HAVE A MISSION

8.1. must

8.1.1. Establish a mission that specifies what the company does, gives it a direction and can be applied in practice

8.2. does the company have that?

8.2.1. The company has a mission that is evident in its work and highlights its market differentiators

8.2.2. The mission and business plan are constantly being evaluated and their relevance questioned

9. TEAM: Space Jump COMPANY LINK: https://www.ladrillossur.com/ REFERENCE: Templar, R. (2015). The rules of management. Pearson Ed.