Most of us know that we need to adopt healthy habits like regular exercise and eating right to keep our bodies in shape – although most of us also struggle to do so at times…
But what are the “healthy habits” for maintaining and growing a healthy business year after year?
The economy may be coming back but that’s not a reason to slack off on all of thegood business practices that many of you have been putting in place over the last year or so.
So, in case you need a little “reminder”, I’ve put together a new white paper, “Prepping for the Next Recession” with SEVEN RULES that you can use as a checklist once a quarter or so to help you keep your eye on the ball.
Click here to download the paper – the “rules” are listed below – and don’t forget...
A key component to growing a sustainable business is staying ahead of the growth curve and being Innovative with your products, services and processes –
So if you haven’t signed up for our “Sixth Annual Growth Strategies” Un-Marketing Event on Friday, March 16th with private equity investor and advisor Dave Power of Power Strategy. SIGN UP NOW and hear the results from our Sixth Annual Survey of small and mid-market businesses too!
- 1. Take the time at least quarterly…to define and/or REFINE a clear and Robust Strategy that clearly defines your objective, sandbox and competitive advantage.
- 2. Set Long-term and Short-term goals…Not just where you want to be in the next three to five years, but also your 12 month and 90 day plan.
- 3. Define your Success Metrics…and make sure that they’ll give you actionable information against your plan(s). Put in place theright set of Meeting Rhythms to keep you and your team onTRACK and ACCOUNTABLE.
- 4. Hire the RIGHT people…they’re your most important asset andremember that a Great “A” player is worth three “B’s”.
- 5. Keep your TEAM energized…by making sure that they understand the business and their own goals AND by getting them involved in short and longer-term business decisions.
- 6. Solicit Feedback constantly…from your customers, your employees and the market. Have a regular process in place (at least monthly) to review what you’re learning.
- 7. Manage and grow your CASH…and put in place the right forecasting tools to keep you honest.
Again, for the full paper, click here…and let me know what your “Rules”are…