Here we are in the last week of July and the first month of the 3rd Quarter is ending - how much closer are you to success?
If you have been with us all month, you know we have been railing against the politicians and bureaucrats for acting arbitrarily in response to the pandemic; and any illusion they are making data-based decisions should have been dispelled by now. This is not about a specific political party or group, it is about the arbitrary use of power at the expense of the most important global community - you.
People like us, Living the Life, employ 57% of the planet's population and yet are treated as the source of its problems. Not here, we celebrate the contribution you make to a better society and our focus is to improve your chances of success.
This week we continue the new programming structure. We use a Balanced Scorecard to format our weekday shows: Finance (Monday) = Operations (Tuesday) + Sales (Customers) + People (Employees) with Fridays dedicated to Owners. Look at the week this way - Monday through Thursday is working IN the Present, Friday is working ON the Future.
Also, we just built a new community, our version of a Chamber of Commerce. Join Up and gain access to our Hosts and access our library of best practices.
Have a great business week.
Very seldom does all of this tedious but necessary process improvement work provide such a clear benefit. One of the most important decisions you will make in Stage III is accurate pricing. You still have the dance of what price the market will allow but now you can work backwards to identify ways to decrease costs (time, non-value added steps, waste, etc.) and make a profit. Also you can look at the amount work required for each account and determine whom to replicate and whom to replace.
Key Issues - Owner Perspective:
What You Need to Know
What You Need to Do
One assumption we make when starting on this topic is the major or core processes related to production (or service delivery) have been mapped (see EPISODE A.021 THE OPERATIONS ELEMENT). If you have not broken your processes and made progress on updating, ABC is a waste of time.
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