Layering On Business Achievement

by Rick Baker
On Sep 13, 2012

If you want to ensure your business is solid from top to bottom and from bottom to top, consider building a solid 3-layer pyramid:

The first layer to build is: Solving Problems. There are 3 major considerations:

People: you and your people must have the right attitude and the right strengths...analytical, creative, experiential, etc
Process: you and your people must have access to good problem-solving systems and tools...as one example, P=2S+O
Situations: you and your people must be able to not just analyse but also anticipate situations

The next layer to build is: Growing Profits. There are 3 major considerations:

People: as above and remember, people have radically different views about money and many handle it poorly
Process: key considerations are finger-on-the-financial-pulse measures and metrics, performance tracking models, and cash-flow forecasts
Situations: as above and work to look at things from different perspectives...including your banker's perspective

The final layer to build is: Increasing Value. Again, there are 3 major considerations. In fact, Business Contains Only These 3 Things:

People: as above and business value increases as value delivered to clients, employees, suppliers, & owners increases
Process: as above and more - the process must fit the people, and vice-versa
Situations: as above and more - the business culture must be constructed so situations are easier to anticipate and it is the responsibility of the leader to guide people and guide processes so situations are constructed.

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On Sep 13, 2012

Thought Tweet #564 Seeing the forest and understanding the workings of the veins in the trees' leaves: that's genius at work in business.

The Thinking Behind The Tweet

Many people possess skills for understanding and doing the technical details of business.

Some people are visionaries...they accurately see the big-picture of their business.

Few people, perhaps less than 1% of people, possess the ability to do both.

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