Process Improvement Consultant

You’re On A Good Thing In Your Business? Here’s How To Future Proof That Growth

Isn’t it exciting to burst out of the business start up blocks with a bang? When that first burst of growth hits it is truly thrilling. Booming sales. Rave reviews. Customers coming back for more and bringing their people with them. In the perfect world of your business dreams, this explosion would never end. Things would always be on the up and up. Your growing team would grow your sales, which would grow your profits, exponentially.

 

Process Improvement Consultant

“Long term success is a direct result of what you achieve everyday. Goals provide your daily routine.” Rick Pitino

That’s the dream …

 

But these things don’t build themselves. Ambitious entrepreneurs building their mission understand just how important it is to set up a rigorous, robust accountability schedule across their company to provide the structures to monitor and support growth for the long term. As your business expands it is vital to track each team member’s performance against predetermined benchmarks. Strategic growth is created from the basis of stable, controlled routines that keep each member on track and contributing to the big picture. This is the very essence of sustainable expansion.

 

Setting up these structures in the first place takes visionary planning, but maintaining them will require new levels of dedication to the long game. Reviewing your business to see if your KPIs are effective at facilitating the outcomes you need is a vital part of developing growth that lasts. There are three key areas you can review routinely to keep you on the straight and narrow:

 

BUSINESS GOALS

Invest dedicated time at least once per year to evaluate your company aims. Is your business still headed where you originally intended it to? Is still headed where it was the last time you conducted this review? Are you still celebrating and harnessing the same grand aims that you’ve always had in your business, or it’s a time for a bit of a refocus and a shift of direction? Clarify your company mission to confirm that you are still actively pursuing it, and that it still lights you up with fresh inspiration and motivation.

 

BUSINESS DEPARTMENTS

A thorough examination of each unique business department will allow you to evaluate the main ingredients of your business success. Is it still the function of “THIS” team to perform “THAT” way, and to contribute in “THIS” way towards the company’s grand aims? Your sales team might benefit from a completely new focus with their lead generation or conversion strategies. Your service team could establish new ways to deliver the stand out experience that people should expect of your company. Evaluate your company operations at a departmental level to bring each functional component of your business into the spotlight.

 

ACTIVITY OUTCOMES

With your company goals in clear focus, and the function of each team working directly towards these aims, you then need to drill down to an even more granular level to ensure that the actions each team member performs actually leads to the outcomes you desire. Is the work being done on a daily basis in your business actually taking your company where you want to go? Does the achievement of key performance indicators actually produce lasting growth? You might find you need to tweak what is being done, or adjust what is being measured to maintain your industry leading status.

 

TEAM REWARDS

Finally, you need to be thinking about the effectiveness of the rewards you have set up for your team. Are there rewards in place? Are they appropriate? And most importantly, are they actually motivating for your staff? If you’re expecting consistently excellent performance from all of the people in your team, make sure they love earning the rewards you have in place. And even more than that, couple those rewards with the human touch to demonstrate that each team members’ contribution is valued, appreciated and respected.

 

If you invest time in clarifying your company goals, establish KPIs which contribute directly to these goals, and foster a deep sense of motivation in your team, you have a massive recipe for success! It will definitely set you up for growth that lasts.

 

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If this article has struck a chord with you, please go right ahead and message me. I would love to hear more about what you do, and how I might be able to help you transform your business into the Freedom Machine you have wanted all along. Let’s establish a proven system in your business to create team certainty and sustainable expansion which open pathways to the lifestyle choices you’ve worked so hard for. No matter where you are, I am only a message away. And to make stalking me really easy, here is my website 😀 https://www.kerryannenelson.com/

Process Improvement Consultant

Plateaued Growth & Yawning Staff? How To Build An Action Plan For New Business Zest

I need a more effective way to keep my team accountable. It’s easy to emphasize accountability with your team, but not so easy to tell them how to be accountable. It’s even harder to make them want to be accountable — especially since many business leaders forget they are the role model for accountability, and they don’t audit their own actions to make sure they always practice what they preach.

 

Process Improvement Consultant

“Reduce your plan to writing. The moment you complete this, you will have definitely given concrete form to the intangible desire.” Napoleon Hill

To effectively implement a strategic plan or carry out a complex project, a culture of accountability needs to be developed throughout the organization. To achieve this, you must set up a robust KPI  schedule to track the performance of the people in your teams. There are endless things that you can track and measure in your company, but some are simply more valuable than others. And if you get your KPIs right they should be contributing directly towards an ongoing growth in your business.

 

Let’s take a look at the five key factors to consider when you’re setting up a robust KPI schedule to track the performance of the people in your teams:

 

COUNTABLE: It almost goes without saying, but of course KPIs need to be measuring things that are countable. It can’t be that you’re trying to measure subjective things like people’s feelings, people’s experiences, people’s opinions but what you can measure is their response in a survey or actions that they do, feedback they provide that is accountable, measurable, finite.

 

SOLVE PROBLEMS: We all have challenges and this is how we continue to grow our business, but making sure that those KPIs are tapping into the heart of the problem and tracking performance that can solve that problem in your business is essential. It will allow your KPIs to keep you on the straight and narrow when it comes to improving your sales and your revenue and of course the company culture around engagement and productivity at work.

 

CONTRIBUTE TO COMPANY MISSION: You should be fulfilling the outcomes of your business using KPIs to track your progress into the vision and mission of your company. So make sure that some of the KPIs you’re setting up for your business are going to be measuring specific indicators of how you’re going with fulfilling your company outcomes and the desired aims for your business in the world.

 

TRACK PROGRESS: The next thing related to that, that your KPI should be doing, is tracking your progress towards keeping your company promises. These promises are going to be to your staff, people in your team and also to your customers or your clients. You want to set up some very clear promises that your people can rely on. Having KPIs that track your progress there and make sure that you’re always on track will mean that you develop a great reputation in the marketplace that people will come to old traditional saying of knowing, liking and trusting you.

 

SUSTAINABLE: And finally, your KPIs should be sustainable. This comes down to your ability to track and measure and monitor the rolling out of that KPI schedule. You should have routines for checking in with the tools you’re using to track and measure and then reviewing the data, so you’re getting the feedback and then you’re using it to enhance the experience for the people in your workplace, to increase revenue profitability in your business, and to create raving fans because you’ve got an ongoing system of tracking exactly how well you’re going across all of those fronts.

 

When leaders are committed to their accountability, they can make a positive impact on their organization’s culture, leading to alignment and success across the entire organization.

 

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If this article has struck a chord with you, please go right ahead and message me. I would love to hear more about what you do, and how I might be able to help you transform your business into the Freedom Machine you have wanted all along. Let’s establish a proven system in your business to create team certainty and sustainable expansion which open pathways to the lifestyle choices you’ve worked so hard for. No matter where you are, I am only a message away. And to make stalking me really easy, here is my website 😀 https://www.kerryannenelson.com/