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show notes

Stages of Development

EPISODE A3.005 Results from Value Mapping Variable Cost Processes

10/8/2020

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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: from Australia (click here).

And that is just restaurants - what about everybody else?
Have a great business week.
​
Listen>Apply>Engage
​
Show Objectives - The Why
This might be one of the simplest shows to explain its value or why you should listen. Starting with where we are in the growth process, Stage III is where we are building the foundation for full growth; growth to the company's potential. 

What needs to be accomplished right now is becoming the leanest, highest quality, best margin products and services to aggressively sell.

Key Issues - Owner Perspective:
  1. What were our savings in labor, materials, and time.
  2. How to use the savings to improve our competitive advantage.

What You Need to Know - The What
  • EPISODE A.021 THE OPERATIONS ELEMENT

What You Need to Do​​ - The How
  1. Compare the old process (AS IS) with the new process (TO BE).
  2. How many macro steps were added or deleted.
  3. How many micro steps or sub-steps were added or deleted.
  4. What was the total impact on quality
  5. What was the total impact on material costs
  6. What was the total impact on labor costs
  7. What are new estimated margin and how does it compare to the previous margin.
  8. Identifying how to improve our competitive advantage with lower costs, better margins, and improved quality.

Shows
  • Previous: EPISODE A3.004 WHAT ARE THE RESULTS FROM VALUE MAPPING THE FIXED COST PROCESSES?
  • Next: EPISODE A3.006 What are your Most and Least Profitable Products and Services? 
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  • HOME
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      • North American Partners >
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        • Australasia Hosts
        • Australasia Directory
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        • South Asia Hosts
        • South Asia Directory
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