We’re ending a four part series on how Strategy, People and Processes affect your bottom line. Today we’re going to talk about how execution affects your bottom line. Unless your business is totally automated with robotics, it will be people executing your business plan. There will come a time when your business may struggle to…
In our past two articles, we’ve talked about how processes and people impact your bottom line. This week we’re going to talk about strategy. It will actually fit nicely in to what we’ve talked about the past two weeks because people execute strategy and there are processes required to execute it correctly. Here are 4…
Are you looking to fill vacancies in your organization? Having a hard time finding the right people? There’s a war for talent going on in the marketplace. There are not enough people to fill all the openings in your business. Your best prospects for employment are your competitor’s best people, but the reverse is also…
I’ve had several experiences with clients that are looking at their processes and discovering that they’re coming up short of expectations. In two instances, processes were either non-existent or critical information wasn’t being captured which had a direct impact on work flow management, billing and cash flow. In order to have effective processes in your…
This past Christmas my wife gave me a FitBit. I’m a numbers nerd, so the ability to see my heart rate resting and during exercise, number of calories burned and consumed, how much sleep and the quality of it and how much water I drink all appealed to me. I kind of gave myself a…
We’re two months in to a new year and the question on many business owners’ minds is how you’re going to grow and by how much? Who are you going to call on and what will your sales people say when they get there? A very smart person once told me sales is really an…
You’ve heard the expression “Cash is King”. So, how do we get cash in our businesses faster and preserve what cash we have? In addition, most businesses have projected growth this year and some are projecting significant growth. Growth requires cash, so getting cash in the business faster becomes even more important than ever. Here…
Have you ever had the experience cruising down the Interstate, you put on your turn signal and start to changes lanes, suddenly you hear a loud horn and swerve back in to your lane to avoid an accident. You had a car in your blind spot. Thankfully, you were able to avoid a collision.
Have you ever had the experience where sales and growth were either happening way too fast or not fast enough? The success of both requires management on the part of the owner and his or her management team. The size of the business will determine what the division of labor is for these management tasks….
Success should not come as a surprise. It’s something you’ve planned for. You have the right people in place with good processes and execution.
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