People are the lifeblood of your business; having the right people on the bus and getting more the right people onto the bus is essential. Once you've got the right people on, you need to know how to keep them, stay happy, so they stay on your bus. Otherwise, you will constantly recruit and train good people who will then leave and join your competitors. This process is both expensive and counterproductive. It is so much cheaper if you select the right teams and employ ways of keeping your employees motivated & happy so they never
want to leave you, and you get even more productivity. Using the same principle that we use to find your market-dominating position. Where you want your customer to say to themselves, 'I would have to be an idiot not to do business with this person. Ask yourself 'think what would it be like': if your team of outstanding staff said to themselves 'I would have to be an idiot to leave this great company?
Equally essential is getting the wrong people off the bus. The wrong people will put you out of business, yet the number one complaint I hear from business owners here is why can't I get a people I just can't find them I can't get you can't get good people because you have:
* The wrong selection process
* The wrong boarding process,
* The wrong policies and procedures, &
* The wrong communications and management processes.
Understanding what people want and how good teams are formed and interact is critical. People generally fall into four main types or categories:
*Active
*Passive,
*Task-focused or
*People-focused.
Understanding the key personality types is essential for building teams that work well together. But did you know there are excellent team planning systems that you can use to get the right team mix? Plus, when looking for staff, identifying the personality types during the interview process can set you ahead. You can do this when interviewing by asking the right interview questions.
Did You Know That 80% Of Businesses Listed With a Broker Never Sell & Most Entrepreneurs Retire Broke - Surely we can Do better than That?
Why Businesses Never Sell & Entrepreneurs Retire Broke & How to Avoid Both
So think for a minute. If we could tweak those attrition rates just by a fraction, let's say, 10%. Either way, what impact that would have on the gross domestic product?
And the job market in this country? 80% of businesses listed with a business broker never sell, and most entrepreneurs retire broke. Indeed, with the proper guidance.
We can do better than that. But there is only one way. First, we realize that practice makes perfect does not work. Only perfect practice makes perfect!
This works. Every time, we call it the three P's Perfect Productivity, Practice Simplified. The working example of that is called the apprenticeship scheme. A young person would join a company and work with a tradesman for three to four years, and they would learn a skill, and they'd learn it well.
That's how you get the result every time. Of course, for businesses, we don't have that scheme. After all, most small businesses are started because someone is passionate about something, and they get working on it and start getting a few customers. But there are many skills that they have to pick up or stumble over as they go along.
Watch our 7 part series on business growth strategies See Video No 7 called 'The Business Driver Business Consulting Wellington'
Publishers and advertisers can decide how to present their content and what technology vendors to use, all while maintaining and improving key performance indicators.
Publishers and advertisers can decide how to present their content and what technology vendors to use, all while maintaining and improving key performance indicators.
Publishers and advertisers can decide how to present their content and what technology vendors to use, all while maintaining and improving key performance indicators.
Publishers and advertisers can decide how to present their content and what technology vendors to use, all while maintaining and improving key performance indicators.