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How to Achieve Military Discipline in Commerce and Industry – Weekly Better Business Basics Bulletin

Much of modern business has evolved from conflict and war. Concepts of strategy and competition are not inherent in the commerce and industry of barter or mom-and-pop stores. Retired military officers may also be amused when they read about emerging methods of business management.

Discipline is a casualty of growth. Bureaucrats in giant organizations may spend entire careers drawing salaries without any iota of effort for the cause of their employers. Every executive can gain through better implementation of strategy. Stock investors can also benchmark corporations against military forces to pick top stocks. Indeed, this is the invaluable secret of the venture capitalist: back capable people and committed teams.

Human Resource Development professionals have long moaned that people matter more than other resources. Stock exchange regulators believe that the truth lies in numbers alone. However, a value-investor will garner primary data on the following five parameters to pick top stocks:

1. How does a corporation keep an inventory of the right people through its recruitment processes?
2. Is a company able to induct people from diverse backgrounds so that they commit to common values and goals?
3. Do decision-making procedures involve all concerned people?
4. Surge or surrender, how long does the company team take to scramble?
5. Is there synergy between what employees do and work that is outsourced?

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