EPISODE A3.004 What Are the Results from Value Mapping the Fixed Cost Processes?

Introduction
Good day and hope you are looking forward to a productive week.
This week we are announcing our new community - The Community of Commerce for all insiders. Everyone who has JOINED US and become an inside we are moving off of the weebly web platform to a community site on Tribe. 

This will provide an opportunity to share information, ask questions, and gain support for starting, growing, or exiting your business.

It is our version of the Chamber of Commerce - what it could have been instead of what it has become. This community has one goal - your success as a business owner to build generational wealth for your family. That growth will create more and better jobs in your local community.

It is a stand alone (outside the control of the arbitrary large providers) platform that provides entrepreneurs and business owners a space for the free and open exchange of ideas.

As a member of IBGR's Community of Commerce you can:

1. Follow other users including the OnAir Talent and Executive Team at the station.
2. Ask and answer questions about starting, growing, and exiting the business from our OnAir team and each other.
3. Follow any member of the Community to stay abreast of their latest business insights as well as building your own following.
4. Start discussions to stimulate input from other members of the Community.
5. Create and vote in Community polls.
6. Post and comment on posts and blogs.
7. Access and share content entrepreneurs and business owners can use.

We built this beyond the reach of the 'masters of the universe' so you can speak your mind.

On a closing note, if you want to know what drives everything we do - checkout this article: usatoday.com/story/tech/2020/07/23/yelp-says-half-restaurants-brought-down-covid-19-wont-reopen/5492283002/

And that is just restaurants - what about everybody else?
Have a great business week.
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Show Objectives
We are in Growth Stage III - Build a Foundation for Growth to Potential. That starts by bringing all of your processes under control and there is only one method that works - value mapping. The idea is simple, build a visual flow from beginning to end of each of the core processes supporting marketing, selling, making your offer, and servicing the account. Once you have made it as efficient as possible, then make it formal with a SOP (Standard Operating Procedure) for each major step in each process.

A lot of work for a young company but it has huge dividends - growing the company into its full potential in it's current configuration.
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Key Issues - ​Owner Perspective:

1. What and how many steps/substeps were added.
2. What and how many steps/substeps were eliminated.
3. Estimate of how much time has been saved.
4. What is the scheduled date for SOP (Standard Operating Procedures) completion.

What You Need to Know

• EPISODE A.021 THE OPERATIONS ELEMENT
• EPISODE B.009 STANDARD OPERATING PROCEDURES (SOP)

What You Need to Do​

1. Create a visual representation of each core processes 1st pass (what you think is happening).
2. Create a visual representation of each core process 2nd pass (what you want to happen)
3. Document the additions and subtractions between what you thought was happening and what you want to have happen now.
4. Identify real improvements in quality (waste reduction), decrease in time required to complete a substep or the entire step, reduction in labor required, reduction in materials, improvement in the quantity produced.

Shows

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