@fuuuuuta21: ▼“Sales may be the cure all,” but when the dance floor is reached, it should be the “right moment for management”! … imageimageimage

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  • organizational efficacy
  • A state in which there is a shared belief that we can accomplish what we cannot accomplish now.
  • When a business or organization is growing, you identify yourself with the organization and your self-efficacy increases.
    • easy mode
  • However, expanding the size of the business means increased expenses.
    • Markets can be taken from the easiest to take, leaving a market that is harder to take as time goes on.
      • → Growth slowly becomes sluggish.
  • We need to scope and manage what to do when the growth is slow.
    • If no action is taken, the most capable people will leave in order during the stagnant period.

Prepared with reference to Alpert Pandura, “Self-Efficacy in a Turbulent Society The birth of a “profitable but inactive organization. The organization is collapsing before the business collapses.

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