The tenth episode of motivational speaker and business coach Dr Vivek Bindra's most awaited series 10 Day MBA* (My Business Association) was released on YouTube. After the release of the episode, it was also seen trending at number 1 on Twitter. The previous nine episodes were also very successful, in which Dr Bindra has shared free business learning with the people.
In this tenth episode, he has shared 11 strategies while talking about the "Execution Frameworks" of business. He has explained that not only good planning makes a business successful but the right execution of that planning makes a business successful.
In the tenth episode, Dr. Bindra told these amazing 11 execution framework strategies
The first strategy is “Understanding Strategy & Execution” in which it is told how to execute any idea and strategy. What obstacles come in the execution of that idea and how they are solved?
In the second strategy “Why Execution Breaks Down?”, Dr. Bindra told what are the reasons due to which the execution of your idea breaks down. For example, if your business goals are changing again and again, then it becomes an obstacle in your execution.
“Create a Cause, Not a Business” This is the third strategy in which it is talked about creating such a reason or motivation that can help you in your execution.
The fourth strategy is “Identify Right Money Making Model” in which Dr. Bindra talked about constantly focusing on your goals so that you can improve your money making model.
In the fifth strategy “Leading Score?” you were told about checking the Effort Score and Result Score in your execution. So that you can know what results you are getting from your efforts.
Under the sixth strategy “Scoreboard”, Dr. Bindra told that make a scoreboard for your team members as well where their performance scores can be written. The score shown on the scoreboard motivates your team to do better.
In the seventh strategy “Why aren't Right People in Right Jobs?” It often happens that you do not have the right employees to do your work. After all, how to hire the right employee for the right job is explained in this strategy.
“Skill Will Matrix” is the name of the eighth strategy in which you have to understand which employees of the company have the skill and which employees have the will to do the work. You have to immediately throw out those who do not have both of these.
The ninth strategy is “Change Management” in which you have to adopt change. Often not working outside your comfort zone proves to be a loss-making deal, that is why the importance of change is explained in this strategy.
The tenth strategy is “Coaching for Non Performers”. Under this strategy, you have to guide those people in your team who can perform but need motivation.
In the last and eleventh strategy “Execution Frameworks”, Dr Vivek Bindra gave some execution ideas like Arrow Modal Framework, Increase Business Turnover Framework etc.
The last 9 episodes of this 10 Day MBA* by Dr Vivek Bindra are currently not available on YouTube. All those episodes can now be watched for free on his “Bada Business Community App”. The tenth episode will also be removed from his YouTube channel after a few days and shifted to the app itself.
To give strength to startups, Dr. Bindra is launching Idea to IPO program
By providing courses like 10 Day MBA* for free, Dr. Vivek Bindra has encouraged all those people who want to start their own business and are new to the business world to move forward in business. With the completion of this series, Dr. Bindra is now going to organize an event for those people who are already in business and their company is doing good business. But now those people want to expand their business and get their company listed in IPO.
Dr. Vivek Bindra has recently started the “Idea to IPO” program in which he will select some companies from across the country and guide them to get listed in IPO. Along with giving those business strategies to these companies, all kinds of support related to funding, tech and marketing will be made available to them. For the next 30 months, they will be given all kinds of guidance so that those MSME companies can be listed in the stock market.
Next month on October 2, Dr Vivek Bindra is going to organize an event named "Idea to IPO". In which he has invited all those people who are doing a good business and dream of getting their company listed in IPO. This event is going to be held at Jawaharlal Nehru Stadium in Delhi in which people like Bollywood actor and businessman Vivek Oberoi, MSME Minister Jitan Ram Manjhi and businessman Rajesh Mehta will be seen giving their expert opinion.