2.7 OUTCOMES ORIENTED
Friday, 14 October 2016 04:03 | Written by your name 0 comments
According to Webster’s Dictionary, an outcome is “something that follows as a result
or consequence.” The term “outcome,” then, emphasizes something which is the
result of particular conditions or actions. Outcomes are not always positive or
desired. Sometimes our actions lead to outcomes that are neither wanted nor
intended.
Entrepreneurs
who are tend to be an outcome oriented people will have the mind-set that ask
how they can achieve something, what they could do now to get there, how does
getting the results feel and so on. If you think outcome oriented, you tend to
see at the end in your mind and you are looking for the fastest way to go
there. No matter how good the process, at the end of the day, the final results
is what people looking for and that is the proof that we have done well. An
entrepreneur should run their business by expecting good results. Actually,
process oriented is as important as outcome oriented. To become an excellent
entrepreneur, we must be able to define how much profits or revenue that we can
gain through our investment, whether it is highly demand and how you can
survive. If entrepreneurs cannot define it, there will be more risk in the
future or even worse they had to shut down their businesses.
An outcome-oriented approach really shines when we move away
from a project-centric funding model. In projects executed with
outcome-oriented teams, the teams don’t live as long as the outcome is relevant
to the business. They are disbanded at the end of the project which means we
lose sight of the outcome until another release in the same area is funded with
another team. This also leads to a problem of instability of management and
reporting structure.
A outcome oriented entrepreneur analyses productivity of
employees based on the number of tasks that he completes in a specified period
and the quality of products or services rendered by him. Entrepreneur are at
liberty to utilize personalized processes in an effort to achieve set targets
at the business. The primary goal of a result-oriented individual or
organization is to meet objectives and realize positive growth.
Varun Manian
Example
of entrepreneur that is suitable to be related with outcome oriented is Varun
Manian which is one of the youngest and most successful entrepreneur in India.
He is the Managing Director of Radiance Realty and Radiance Media Group all of
which are a part of the Radiance Group of Companies. Furthermore, Varun Manian
entered the residential real estate business with the inception of Radiance
Realty Developers India Limited. Radiance Realty, is a property development
firm based in Chennai and it focuses on building luxury residential projects.
After 2012, he never looked back and continued to add feathers to his cap on
the property development front. During this journey he set up Radiance Facility
force, Radiance Home Solutions and Radiance Total Care. This shows that he have
outcome oriented which he had achieve a lot of excellent result on his business.
Bill Gates
One
of a very successful and also a very well-known entrepreneur is none other than
Bill Gates. He owns an assets which is worth 79.2 billion USD and as we all
know that the source of his wealth is from the Microsoft. He is an investor,
inventor, philanthropist, computer programmer and American business magnate. He
is a very good example of the outcome oriented entrepreneur. This is because he
said that he prefer to hire a lazy person to do the hard job as the person will
find an easy way to do it. This shows that he cares more about the outcome
rather than the process itself. Other than that, he is a drop out student from
Harvard University, but he shows that even though that he has been kick out
from university, he still manage to become the richest person in the world.
After all, the results is what matters most. He is a very good example of the outcome
oriented entrepreneur. This is because he said that he prefer to hire a lazy
person to do the hard job as the person will find an easy way to do it. This
shows that he cares more about the outcome rather than the process itself.
Other than that, he is a drop out student from Harvard University, but he shows
that even though that he has been kick out from university, he still manage to
become the richest person in the world. After all, the results is what matters
most.
