Some Lessons from the Big Guys

Steve Strauss in USA Today:

Here then are my top 5 big business lessons for small business:

• There’s Power in Numbers: The fatal flaw for many a small business is that they too often work in a vacuum.
• Be Thorough: Large corporations, for the most part, make decisions fairly slowly, and even then, only after fully analyzing a situation or opportunity.
• Think Ahead: As a result of that thoroughness, large companies tend to think and plan far more into the future than your average small business person.
• Use Specialists: One of the things I am most jealous of with regard to my big business brethren is the wide array of specialists they can tap when it comes to working on a project.
• Plan Big: Notice I did not say “Think Big.”

Photo by jimfrazier.

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