Posts Tagged ‘Entrepreneurial Operating System’
Why Vision Is Vital for Business Success
A good vision parallels and drives a company’s values, purpose, and mission Any business owner knows the importance of consistent performance, efficiency, and steady growth. But just as important as these considerations is your business’s vision. Without a clearly defined vision, teams won’t be aligned around a common goal. You may not know what the…
Read MoreHow Keeping Score Can Crush Poor Performance
Learn why keeping track of the numbers with scorecards will keep you on the path to growth If your team is suffering from poor or dwindling performance, there may be a simple solution that just takes a little planning. Create a scorecard for your business so you can track the numbers and use them to…
Read MoreThe Liberating Effect of Setting Time-Based Targets
The word deadline can cause stress and panic. But when a business masters the time-based target, teams unleash their potential to improve productivity and performance. Many entrepreneurs know that they must create SMART goals: those that are Specific, Measurable, Achievable, Realistic, and Timely. Details must be clearly defined and attainable so that a goal is…
Read MoreWho Is the “Right” Person for the Job?
Learn how to get the right person in the right seat with the accountability chart and “GWC” Putting the right person in the right seat is one of the biggest challenges to overcome when you want to grow your business. Each individual on the team must be motivated, committed, and in alignment with the company’s…
Read MoreUnderstanding USPs for Your Business
When you know how to identify and communicate unique selling propositions (USPs), you’re on your way to growth Your unique traits are what make your business stand out from competitors. These traits are also known as your unique selling propositions (USPs) for your products and services, and they need to be communicated to consumers convincingly…
Read MoreGet a Grip: Why You Need Traction to Grow
Traction is the difference between spinning your wheels and getting your business on the road to success. Learn how these methods of gaining control can supercharge business growth and focus. To grow your business, you have to guide it consistently and carefully. Business success is not about luck. It’s about you harnessing the tools you…
Read MoreCore Competencies for Optimized Cash Flow
The ability to optimize cash flow is a priceless asset to any business, especially for those looking to grow. But optimization depends on building a cash management culture where every team member can contribute. Cash flow optimization is a relatively simple concept. To be successful, a business must generate more cash than it expends. However,…
Read MoreHow to Define Your Company’s Core Values
Today’s businesses must be clear about who they are, what they believe in, and how their business model proves it. This starts with defining core values. For long-term growth and sustainability, your business needs to have a clearly defined vision that’s shared across the company. And it should be accessible and consistent to the outside…
Read MoreCultivating a Winning Work Culture
The modern workplace is more than just a wage generator. The best companies define, build, and nurture a unique employment culture that benefits employees and customers. Workplace culture is a crucial component of fostering a satisfying environment for employees while engaging customers. A strong company culture provides many benefits for businesses, including higher employee retention…
Read MoreHow Can Competitive Analysis Help You Grow Your Business?
Scrutinizing the competition is a valuable tool. Learn the importance of competitive analysis and what it can add to your business strategy. No matter what your customer base looks like, chances are they are moving more and more toward doing everything digitally, including how they find companies, products, and services. Your customers now have instant…
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