It is my belief that the principal that is involved in a business growth process should be the one that is doing the growth. The agent is simply the agent.
It is my belief that the principal that is involved in a business growth process should be the one that is doing the growth. The agent is simply the agent.The principal is the person who owns the company, and the agent is the person who acts on behalf of the principal. You, the agent, are not the principal. You are the agent, and you have to act on behalf of the principal.
It is my belief that the principal that is involved in a business growth process should be the one that is doing the growth. The agent is simply the agent.The principal is the person who owns the company, and the agent is the person who acts on behalf of the principal. You, the agent, are not the principal. You are the agent, and you have to act on behalf of the principal.The business growth process can be an inefficient way to grow a business because of what we refer to as principal-agent problems. In real life, this is often the case because we have a principal, and our agent, and we can’t act as a partnership, which is the way business is usually managed. We are all principals, even the people in our own organizations.
It is my belief that the principal that is involved in a business growth process should be the one that is doing the growth. The agent is simply the agent.The principal is the person who owns the company, and the agent is the person who acts on behalf of the principal. You, the agent, are not the principal. You are the agent, and you have to act on behalf of the principal.The business growth process can be an inefficient way to grow a business because of what we refer to as principal-agent problems. In real life, this is often the case because we have a principal, and our agent, and we can’t act as a partnership, which is the way business is usually managed. We are all principals, even the people in our own organizations.In a business, the agent is the person who brings the business to life. The principal is the person who decides what the agent is to do. The problem here is that we are constantly making decisions on behalf of the agent, without being fully aware of how the agent can affect the principal. This can cause friction between the agent and the principal.
It is my belief that the principal that is involved in a business growth process should be the one that is doing the growth. The agent is simply the agent.The principal is the person who owns the company, and the agent is the person who acts on behalf of the principal. You, the agent, are not the principal. You are the agent, and you have to act on behalf of the principal.The business growth process can be an inefficient way to grow a business because of what we refer to as principal-agent problems. In real life, this is often the case because we have a principal, and our agent, and we can’t act as a partnership, which is the way business is usually managed. We are all principals, even the people in our own organizations.In a business, the agent is the person who brings the business to life. The principal is the person who decides what the agent is to do. The problem here is that we are constantly making decisions on behalf of the agent, without being fully aware of how the agent can affect the principal. This can cause friction between the agent and the principal.I would argue that if the agent is not consciously aware of the agent’s actions, then the principal should not be the agent any more than the agent should be the principal. The agent is the principal’s partner, so the agent should be the principal’s agent.