One of two building blocks of your operational structure. Given you are a startup or a very young company there are no excess resources waiting to be used.
Whether we are measuring time, money, materials, etc., you are operating in a constrained environment. Getting this right will allow you to get the maximum mileage from every dollar - pound - euro spent.
The following list is generic and intended to stimulate your thinking. Our recommendation is to start here and further refine the actual measures over time by starting with a best guess.
OBJECTIVES - THE WHY
A quick reminder for anyone unfamiliar with our methods - profitability is an effect of other things, not a cause. Our approach to a Balanced Scorecard is just that - what must happen for profit to be the end result?
F = (O + C + P)E
Financial Performance is the result of how well the Entrepreneur/Owner/Executive leads and manages Operations, Customer acquisition and retention, and has People invested in the future of the business.
Here is how the Balanced Scorecards converts into our weekly programming:
WHAT DO YOU NEED TO KNOW
WHAT DO YOU NEED TO DO
"The World of Business at Your Fingertips"
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