How Prepared is Your Business for Any Serious Growth?

1.    We have a clearly articulated and visible Vision Statement

Yes

No

Sort of

2.    We have a ‘growth’ Mission Statement that people our organization have bought in to

Yes

No

Sort of

3.    We have articulated a set of Values that espouse the ethics of our organization

Yes

No

Sort of

4.    We recruit people with ‘growth’ in mind

Yes

No

Sort of

5.    We have succession plans in place in the event of a key worker leaving suddenly

Yes

No

Sort of

6.    We have clearly defined KPI’s for EVERYONE in the organization

Yes

No

Sort of

7.    We have regular 1:1’s with our people to review KPI’s

Yes

No

Sort of

8.    Our senior team go offsite to work on our strategy regularly

Yes

No

Sort of

9.    We have a cohesive social media strategy to reach a wider audience

Yes

No

Sort of

10. We have regular ‘creative’ sessions to work on new products/services

Yes

No

Sort of

11. We have regular ‘customer’ reviews

Yes

No

Sort of

12. Anyone in our organization can put forward an idea and will be encouraged to do so

13. We have a process for testing and launching new products/services

  1. Our managers and team leaders are trained to manage ‘poor performance’
  2. We have a process for identifying, coaching and mentoring potential leaders in our organisation

Yes

No  

 

Usually

 

 

 

How did you rate?

If your responses were mostly ‘Yes’ then a serious well done. The economy of towns and countries are increasingly affected by the global economy. We may think because we are a small town in the UK or Australia, that we are immune to what happens outside our borders, but we are not. Keeping an eye on the road ahead and having strategies in place to deal with anything that comes your way is a sure way for a business to ride the waves.

If you replied mostly ‘sort of’ then my suggestion would be to start at the top of the list and work your way through each topic. If you get your Vision sorted and articulate that to your people then they will know how to support you, and so on down the list.

If you replied mostly ‘No’ then I urge you also to start at the top of the list and make a start. Even if ALL you work on to begin with is having that agreed Vision, then you have a healthy start.

As an HR consultant I’ve worked with a lot of smaller businesses who get so stuck in the day to day they rarely look over the parapet and fail to notice that a Mack truck is slowly making its way towards them.

My advice to ANY business is ‘don’t get hung up on one product or service’ it will be your death knell. Keep innovating, keep talking to your customers and above all, keep talking to your people – they will have more ideas than you can probably handle. I would rather have too many ideas than too few any day of the week.

Because I’m passionate about helping businesses grow, I have started a series of ‘Big Thinking Business Forums’ here in Auckland, New Zealand. BIG thinking because so many organizations let themselves down by thinking way too small.

If you are a business owner or manager in Auckland, check out our forums here.

If you are outside of Auckland or even outside of New Zealand, opt in to our web page because every session will be video’d and you will be kept informed of when those videos are loaded.

If you register at the very least you will be able to grab my latest book ‘The 7 Tragic Ways  Businesses Sabotage Their Own Success’ for free on the Big Thinking website.

Businesses are the same whether they are in Dunedin or Maine, Glasgow or Melbourne. All business owners and managers are struggling with the same challenges:

  • How to do more with less on a daily basis
  • How to get the right people on the bus and keep them
  • How to have a regular source of new products and services
  • How to look after our valued customers because it’s a whole lot cheaper to look after the ones we have than to go out and find new ones

 

Ann Andrews Dip Bus (Pmer), CSP

MD Big Thinking Business

Founder The Corporate Toolbox

Ann Andrews

About Ann Andrews

Ann Andrews is the creator of Big Thinking Business forums. She is an HR Consultant, published author and profiler and is passionate about helping businesses grow.

Shares