Seven Signs You Need A Business Operating System

Posted by John Boudreau on Dec 28, 2017 7:44:37 PM

We’ve all heard of a computer operating system or “OS”.

The computer OS manages the hardware and software resources of the computer and provides a common language by which each component communicates with each other.

The operating system controls all the processes which are running in the background on the computer. Maybe you've experienced this, but some processes can drain computer resources, slowing the computer down and making it much less efficient.

No new software or component can be installed unless it is compatible with the OS.

An operating system can get corrupted, causing the computer to slow down or even worse, crashes. To fix the problem, the only solution is to reboot and install a new OS.

There are a lot of parallels between a computer and your business.

Read More

Topics: business operating system, company processes

Three Steps For Developing Departmental Goals From Company Goals

Posted by John Boudreau on Dec 21, 2017 12:38:10 PM

Company goals are ineffective when those goals remain trapped in the minds of leadership - even worse when they stay trapped in the mind of one person.

When this happens, the rest of the team is left to guess what the most important priorities are based on very little information.

In order to operationalize a company’s goals, those goals must cascad down throughout the organization. They must be translated into the monthly, weekly and daily actions of the team members.

Makes sense right, but exactly how do you do that?

This blog post is meant to offer a step by step process for cascading company goals down to departmental goals, then further down to individual goals.

Read More

Topics: departmental goals, company goals, individual goals

6 Keys To Linking Employee Bonuses To Company Goals

Posted by John Boudreau on Dec 7, 2017 3:16:48 PM

December is the month that many companies hold annual employee performance reviews.

Built into these reviews is an employee expectation that a positive performance review will result in some sort of pay increase or raise. Often, owners have a set amount of money which they have discretion to allocate based on the performance review.

If you search Google for “annual performance review and raise” you’ll notice that the top 9 results all focus on helping employees ask for a raise. Only one article talks about how performance reviews and raises shouldn’t be linked.

Read More

Topics: employee bonuses, employee reviews, company goals, company financial goals

Still Using Excel To Track Your KPIs? Here's A Better Way

Posted by John Boudreau on Dec 2, 2017 6:45:00 PM

This blog post is for those small businesses that are currently tracking KPIs using Excel. I am going to share a more productive and less time-consuming way to not only track KPIs, but also keep your team aligned and focused on the right things.

Tracking KPIs Can Drive Real Results

When I say “tracking” I mean that you have a set of meaningful measurements that you review with your team on at least a monthly basis. These measurements are helping to give you a clear picture of where your business is headed.

If you're like most businesses, you are using multiple Excel spreadsheets to keep track of these critical metrics. 

Note: If you’re not tracking KPIs, I would encourage you to do so ASAP. We've seen this one simple exercise help to drive significant improvements of profit. If you need help determining which KPIs to track, please contact us and we can help. Just click on the button at the bottom of this post. 

For example, last week we helped a $12M manufacturing company determine the right KPIs based on their strategic plan.

If you're not sure why tracking KPIs is such a big deal, please read this post on how we helped one company increase their profit by 135%! KPIs work. 

Read More

Topics: KPIs, Excel, company goals

5 Secrets To Achieving Your Company Goals, The 5th Will Surprise You

Posted by John Boudreau on Nov 23, 2017 10:51:14 AM

I am sure that you agree that in order to maximize business performance, each employee must be in 100% agreement with the company’s goals and vision.

If you're frustrated and feel that your team is not rowing in the same direction and aligned, you’re not alone.

Read More

Topics: company goals, company core values, KPIs

To Drive Greater Results, Link KPIs To Strategy

Posted by John Boudreau on Nov 20, 2017 2:05:35 PM

Tracking KPIs (key performance indicators) is a real competitive advantage for a small business. No business magically drifts into a better version of itself and KPIs can help to ensure your team is executing on your strategy and driving the results you expect.

But what about strategy? But when we talk to small businesses about strategy, the concept can be confusing and strategic planning can sound like a time consuming process to time crunched CEOs.

Read More

Topics: KPIs, strategy

Three Manufacturing Efficiency Measurement Mistakes That Are Probably Costing You Money

Posted by Bernie Smith on Nov 17, 2017 12:33:46 PM

An efficiency measure, normally OEE, is one of the first KPIs most manufacturing organizations aim to put in place. Unfortunately, common implementation mistakes can lead to major missed opportunities.

There are three mistakes that are so frequent, that they are the rule rather than the exception.

Read More

Topics: OEE, Manufacturing KPIs, manufacturing efficiency

4 Ways Employee Goal Tracking Can Increase Your Revenue And Profit

Posted by John Boudreau on Nov 8, 2017 9:38:56 AM

Looking for ways to increase your revenue and maximize your profit?

Employees are your company’s most valuable asset and making sure each employee is focused on the right things is critical for revenue growth and profitability.

A recent study indicated that over 50% of all employees don’t know what is expected of them and only 30% feel involved in the goal setting process.

One way to drive focus, clarity, engagement and ultimately productivity, is through employee goal tracking.

Read More

Topics: employee goals, company goals, employee goal tracking

Employee Problems? Your Company Core Values May Be To Blame

Posted by John Boudreau on Nov 1, 2017 3:47:20 PM

I’ve noticed a common cause to many of the employee problems that exist in small businesses, the company’s core values.

Let me explain.

Often, someone in the organization is not doing what is expected of them and as we will see, that behavior is driven by an individual’s core values.

Read More

Topics: core values, employee performance, company core values

How To Crush Your Company Goals With These 4 Simple Steps

Posted by John Boudreau on Oct 24, 2017 12:13:46 PM

As of the date that I'm writing this post we have about 50 business days left to 2017. Are you on track to crush your company goals?

I don't mean to just squeek by. I mean exceed the goals you've set for your company. Everyone wants to win right?

Read More

Topics: company goals