Are you fed up with going into a new year hoping for the best? If so, the little-known information in this article comes at just the right time for you. You will learn exactly how to put a solid executable business plan in place to end your frustration once and for all.
As a mentor and coach to small to medium-sized business owners, I have seen the results of having a solid plan in place to kick off a new year. I will tell about some of those results in a bit.
BONUS — But first, if you are in a hurry to get started, get the planning checklist I have used for years. You may find it useful as you read this article as well.
You might think you know how difficult it is to plan and about all the excuses that people use to avoid planning. The truth is, most people are pretty good at planning when it comes to things like vacations and parties. Think about your own experience.
Don’t let a statement like, “We can’t do that because we don’t have sufficient resources” hold you back.
That’s simply an arbitrary constraint you do not need to put on yourself. Leave that kind of thinking to all the other business owners, managers and leaders. It is backward thinking and simply not done by the great leaders you are emulating.
Here’s the point:
Decide on your objectives first and then get the resources required.
Never, never slow down the progress of your company, department or project simply because you do not have the resources in hand. It is vitally important for you to internalize the key points:
When you run an enterprise that has round the clock staffing you can frequently finish up with shift hours discrepancies and labor costs that are sky high as a consequence. The value of a business system or process is not doubted by the elite and should be embraced by you.
In a large labor intensive company, costs of this nature simply mount up and produce pointless overtime costs. If you do not watch out for this, it can shortly get beyond control. That is the reason why time and attendance systems are an employer’s best friend. Properly used, they help monitor labor costs immediately and in perfect real time with up to date worker information.
Thus, what had previously been tough to track and keep a lid on of is now relatively easy and straightforward. Also methods of this nature have built-in editing function which helps stop pricey screw ups and nonessential overtime costs.
Big businesses like this all use some kind of monitoring system.
But, how about the rest of us? Do we value a business system?
Most businesses use the internet for their email, website and advertising. However, the uses of the web are limitless and many companies are seeing the benefits.
Let’s examine a business system example for customer service and marketing—the use of auto-responders.
It is always tempting to pick up the next shiny penny; to try something new; to break out of the rut, etc. As exciting as they may be, it is not the right approach to take.
Instead, maximize what you are already doing before trying something new.
While it may be true not everything you are doing is a screaming success, I say focus on what you are now doing, get the fat out of all the processes and maximize productivity. Your organization has an enormous amount of energy being spent on a vast array of activities. Redirect the energy before taking on a new challenge.