I wish you a new year with growth in what you think, what you do and what you say.
This year, every week, I'll give you, completely free, one process to work on growing your business. If you want, it's not mandatory, it's completely your choice, you can write to me and I can join you in the process of systematizing your company.
The benefits of healthy growth are seen in:
2X more cash flow
3X profitability, versus the industry
10X more valuable company
TIME, you will have more time.
As you can see, the growth of a company is not only about increasing the turnover. Growth occurs on three levels at the same time: turnover, cash flow and profit. A decision to grow will add to all three tiers at the same time. You probably figured it out. A decision to make a discount offer is not for growth. I'm not saying she's not GOOD. You decide if it's good or not. But it does not lead to growth. It leads to a decrease in profit. Yes, it gives you a competitive price advantage. Yes, you will offload management, you will have more space in the warehouse, you will no longer pay for storage. But it diminishes the profit. But let's go back.
Today I'm going to give you a process to install a culture of self-managing teams in your company.
The structure I will follow in documenting the process is as follows:
process description (what it is about)
trigger (what triggers the need to do this process)
responsible person (who bears the burden of implementing the process)
content (listing the results we need to achieve, in order of sequence)
result (at the end of this process where we want to reach)
critical numbers (how we measure the outcome of the process)