“Change Management” has become a sensitive word for many people. Changing your business environment and processes starts with your employees and unless they are comfortable with a new direction, the effectiveness and outcome of your changes will be in jeopardy. Your business systems need to adapt to keep pace with your environment, your product evolution, and ultimately, your growth.
Continuous improvement is an essential attribute to a systems based business. Change is inevitable and you can transform the culture of your business to be highly responsive to it.
Posted on Apr 4, 2013 by Wardell Admin
Are your financial reports giving you the information you need?
In order for your financial information to be as valuable as possible, it is important to make proper use of the information they generate. Simply producing reports on a monthly basis is not enough. The tools you use to analyze and monitor these reports can give you a read on financial “vital signs”, gauge your progress towards financial goals and identify problems within your business.
Financial Statements determine your growth potential
Posted on Mar 27, 2013 by Wardell Admin
1. Share your dreams with your employees
World-class people are attracted to world-class opportunities. As an employer, you need to share your plans for the future with new (and existing) employees regularly. By inviting your whole team to take part in building your company with you, you create a motivating environment which is exactly the type of place great people chose to work.
2. Find great people by asking your best employees who they know
It’s a universal principal that “like attracts like”, so your best employees are likely to know other people with similar qualities to them. Ask them to help you build a world-class team. Some companies even offer incentives to their employees to facilitate this process.
3. Ask your suppliers who they know
Your suppliers likely have an inside edge to some great future employees. Ask them if they know the type of person you are looking to add to your team. As you have a business relationship with your suppliers, they are likely to be discriminating with any referrals they make.
Posted on Mar 21, 2013 by Wardell Admin