Forming a strategy for any company is not a task that you can take lightly. For Nitin Khanna, the CEO of MergerTech, it is something that requires a lot of consideration. The accomplished entrepreneur says that he has been successful in various companies because he approaches every situation with the mentality to get things done. He ensures that every strategy that he formulates is geared towards delivery and execution. In addition to that, he tries to be consistent with his ideas whether he is hiring people or working on various projects. Here are the other things that help him to form the best strategies.
Finding the right people to work with
For Nitin Khanna, a company cannot progress is it cannot find the right people to work on various project. Therefore, a good strategy is one that outlines how employees will be hired. You need to come up with a hiring policy that ensures that you get the best in the job market. In addition to that, he tries to train the people that he hires so that they understand the kind of working style and culture that he wants. Once they blend in, they become an important part of the company.
Making people to like the mission and vision
Coming up with a mission and vision statement is one thing, but making people to like it is a different story altogether. Nitin Khanna says that his companies often focus on making people understand what the statement entails. He says that once everyone likes the ideas that he presents, they will be more obliged to work within the strategy, and this means that the company will be more prosperous. A strategy is not just about a few aspects of the company; it should cover everything that happens every day.
Born in 1971 in India, Nitin Khanna already knew that he wanted to be an entrepreneur at a tender age. Many of his family members were into business, and she had witnessed many transactions being carried out at home. Therefore, even though he studied engineering, he still found his way into entrepreneurship. He is currently the CEO of MergerTech, one of the companies that provide support for tech businesses.
Read more about Khanna here https://en.wikipedia.org/wiki/Nitin_Khanna#Acquisitions