Successful Business Management | Assignment Collections | assignmentcollections.com

In today’s dynamic business environments, companies need relevant up-to-date information to manage their businesses in the best way. The ever-changing parameters must be noted as soon as possible to gain the best direction for the business and optimize processes. Without a sensible use of knowledge from the surrounding, nature or daily life lessons, the expertise and wisdom to manage resources for the business and identify opportunities may be useless (Paschek, Ivascu, and Draghici, p.183).

The foundation of successful business management skills often roots from the application of concise knowledge. According to Paschek, Ivascu, and Draghici, many business people tend to draw knowledge from sports and historical figures among others to formulate key business principles (p.184). With respect to surfing, understanding the relationship between ocean waves and surfers presents useful insights in business management. For instance, Nerothin (25), identifies that the feeling of wanting to surf has to be compatible with the ocean environment patterns. A surfer hardly rides a wave, rather looks for favorable wave patterns and paddling for waves to avoid drowning (Nerothin, 25). Tom Wilson needs to understand that for successful business management he must identify relevant opportunities to ensure customer satisfaction while using the company’s products. Relatedly, organizations such as Facebook has proved efficient overtime since it applies users’ information history like frequent site visits to present a user with their preferred content in the form of links, photos, comments, and likes. Through this, the Facebook management is able to provide information and get feedback, which in the business world would be knowledge management from technology to provide quality customer needs and satisfaction.