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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:

  1. People: you and your people must have the right attitude and the right strengths...analytical, creative, experiential, etc
  2. Process: you and your people must have access to good problem-solving systems and tools...as one example, P=2S+O 
  3. 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:
  1. People: as above and remember, people have radically different views about money and many handle it poorly
  2. Process: key considerations are finger-on-the-financial-pulse measures and metrics, performance tracking models, and cash-flow forecasts 
  3. 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:
  1. People: as above and business value increases as value delivered to clients, employees, suppliers, & owners increases
  2. Process: as above and more - the process must fit the people, and vice-versa
  3. 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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Entrepreneur Thinking | Solutions & Opportunities | Vision: The Leader's Vivid Vision

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