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Download e-book for iPad: 101 Ways to Improve Business Performance (101 Ways) by Donald Waters

By Donald Waters

ISBN-10: 074942981X

ISBN-13: 9780749429812

Do you want to enhance a space of what you are promoting abilities? do you want a brief resource of data? every one identify comprises one zero one ways that to profit and enhance new abilities to make you successful at paintings and at domestic.

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Extra resources for 101 Ways to Improve Business Performance (101 Ways)

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In reality, proper delegation allows you a surprisingly wide span, allowing a much flatter and leaner organization. In brief Remove all layers of management that are not absolutely essential, and have the organization as flat as possible. WAY 30 USE TEAMS Teams are coherent groups of people with complementary skills who work together towards a specified goal. Teams are often the most efficient way of working, and their benefits include: • • • • • • the members achieving more by working together than they would by working separately or in large, unstructured groups; improved motivation and effort; flexibility to deal more effectively with change; more imaginative solutions to new problems; fewer mistakes, as faults are spotted by other members; fair division of work, resources and rewards.

A traditional view bases this on the ‘four Ps’ of getting: • • • • the right Products; to the right Place; at the right Price; with the right Promotion. 28 THINK STRATEGICALLY A broader view includes decisions about channels of distribution, market segmentation, entry methods, timing product launches, marketing mix and so on. Marketing encourages customers to buy your products, but customers all seem to want different things. Some people put a high price on image and buy Calvin Klein jeans, while others are interested in value and buy Eastern Butterfly jeans.

Productivity is the most common measure of operations. It shows the amount of output that you create for each unit of resource used. You might, for example, measure the number of units made per employee, sales per square metre, or deliveries per vehicle. Your competitors are always trying to gain an advantage, and an effective way of doing this is by increasing their productivity. You then have to match their improvement simply to stay in business. So the benefits of higher productivity include: • • • • • • • long-term survival; lower costs; less waste of resources; higher profits, wages, real income, etc; targets for continually improving operations; comparisons between operations; measures of management competence.

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101 Ways to Improve Business Performance (101 Ways) by Donald Waters

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