EPISODE B5.005 Optimize The Use of Labor

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.
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Listen>Apply>Engage
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Show Objectives - The Why
If you are the owner Selling the business, this step you will probably waive. There is nothing this will do for profitability or the balance sheet that will affect the final sell price. However if you are staying to Reinvent the business, this will have both a short-term and long-term impact on that effort.

Key Issues - Owner/Manager Perspective:​

1. Create 3 lists for employees
   1. Top 10% for new assignments/promotions
   2. Employees that need further development in current position
   3. Employees to separate
2. Create a list of improvements in technology, recruiting, development, and compensation,.
3. Identify the root cause of Leadership failures.

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What You Need to Know - The What

• EPISODE C5.002 AUDIT AND TOP GRADE ALL ACCOUNTS
• EPISODE C5.004 AUDIT AND TOP GRADE ALL PRODUCTS & SERVICES
• EPISODE E.023 PEOPLE MEASURES

​What You Need to Do​​ - The How

1. Top Grade Employees
   1. Establish Baselines for performance by job (example - sales per sales employee, retention and turnover).
   2. Position Analysis for job fit, skill mastery, cross training, team membership.
   3. Compensation Analysis - multiple from hourly wage or salary - where is their performance against the baseline).
   4. Employee Uptime - review of sick days, attendance times, accidents, vacation timing.
2. Technology Usage - degree of Autonomation achieved in each position and what improvements are needed.
3. Leadership Received and Given - determine the positive and negative impact on employee performance (used to evaluate both the employee and the leader).

Shows

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