You might feel you are managing the business reactively rather than proactively. Or maybe you feel you don’t have the time to develop an impactful plan of improvements to be considered, implemented, and adopted properly. It is easy to be consumed with prospect engagements, assisting clients, marketing, managing employees, and more. But without a technique to documenting and refining business improvement ideas and plans, the business will stagnant and productivity will drag.
The key to becoming a more profitable, high growth business is intentionally working ON the business and documenting improvement ideas into a Master Plan of Initiatives and Ideas. It is best to use a collaborative software to allow the executive team to brain dump ideas as they arise, identify the benefit of each idea, prioritize, identify the timeline and leader for each, and track the cost of these improvements.
While creating this Master Plan, you should continually apply IDEOS™ mindset as you mentally review each area of the business. Ask yourself:
Are there INTEGRATIONS that reduce the work?
Can we DELEGATE better using processes?
Can something be ELIMINATED through automation or deletion?
Should we consider OUTSOURCING the work to free up time?
Does the STAFF’s roles and responsibilities need restructuring around new methods of work?
The IDEOS™ mindset is aimed at increasing the capacity to service more clients, keeping operational costs from climbing, and creating a more enjoyable work environment for all.