Tuesday, July 12, 2005

Making Business Work... Simply

There are some things in life that are supposed to be really complicated; being a parent, learning how to invest and running your own business. When you look at all of these things nothing could be further from the truth. Parents are taught by their children, investors are taught by their experiences and business owners should be taught by a mentor. Often when I look at businesses it is clear that the owners have given up trying to improve their lot in life because they think that it is too complicated an issue to generate more activity. They think they need to be Einstein to invent some radical new way of doing business. Let me give you a few real-life examples of how simple it can be to change the direction of a business.

Usually a business has no coherent direction established within its culture. The first thing I seek to have the owner and their team do is spend some time deciding exactly where they want to be in 12 months time. This process must include all of the members of the business, because they will all contribute to getting there. Once this is done the goals are well publicized. One of Action's clients implemented this as the first step and this alone without any other changes produced a very significant increase in sales.

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