Boundaries are the established and unsaid rules in which your business interacts through. Some businesses have strong boundaries and some don’t. Its not necessarily a indicator of financial success either way, but long standing and popular businesses always have strong and well defined boundaries.
To put it in other words, a boundary keeps the good stuff in and the bad stuff out. The bad stuff can come in the form of aggression and negative influence from other businesses, and the good could be the great ideas and themes your business has. A business that is well established and successful relies on its boundaries to keep it functioning effectively in a business climate.
Boundaries demand respect, because we as humans have personal boundaries built within us as part of our psychology. As such, boundaries are a universally recognised aspect of business. Whether the business recognises it or not, it is something that runs through all of the businesses interactions. Whether with customers, members of the public or other businesses.
Posted in: Business Skills