Business process mentality in a developing economy

The average business man is industrious and interested in making a name. Deep within everyone is a person who desires to be his own boss, setting his own standards and be an employer of labor. There are hundreds of businesses beings set up every day, but there are also a hundred and one going belly-up at almost the same rate. It is not that their business concepts were not sound enough but, rather their business processes, procedures and structure are responsible for the outcomes most of the times. Businesses start off with a vision of what services they mean to offer and step to take in achieving their goals, but very few take into consideration the intricacies that would keep them running. The big picture is always in view, but the little steps it would take to get there are merely technicalities. This is a defining difference that separates companies that will exist for a season and those that will be there for the long haul; attention given to their operational structures and processes. No matter how small, medium-sized or large a company is it is made up of processes. Processes may be seen as the tasks or steps taken in the achievement of a particular activity or operation. Some business owners may view this as drivel, after all your company has not taken processes (their mapping or documentations) into consideration and yet your company is doing quite well. Granted, that is likely true, there is always a limit to how far the business can grow without defined processes. Presently such institutions as the financial and manufacturing sectors have in place well defined business rules, regulations, processes that define how they run their businesses, how transactions occur and even how they interact with customers. By developing and enforcing adherence business processes compliance, employees are given blueprints of how the business owner wants things run, even when he is not available to monitor them first-hand. Business owners tend to see activities carried out in their companies as the norm, but for any business interested in establishing itself and growing, proper process management is necessary. By having well documented processes, business owners are afforded a standard template by which operations are run, and this standard templates are helpful in pinpointing areas in operations where improvements may be made or enhancements wrought. It is true that lack of good operational structure can undermine the profitability of a business and force a business to wind up in some extreme cases, but it does validate the general view most business owners in developing countries have. That any suggestion not coming from them directly is invalid, that they have to consult constantly before a step is made in the business; meaning that if perchance they cannot be reached, nothing can move forward. By having processes in place, you are placing responsibility of each task on various staff members, granting them ownership and making them accountable for the success or failure of those set task. There will be no excuse of not knowing what to do because the operational structure already defines clearly how tasks are or should be handled.