Blog

6 Keys To Linking Employee Bonuses To Company Goals..And One "What If?"

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 9/10 results all focus on helping employees ask for a raise. Only one article talks about how performance reviews and raises shouldn’t be linked.

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

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 dedicated businesses that are tracking KPIs (key performance indicators).

When I say “tracking” I mean that you have a set of meaningful measurements that you are reviewing with your team on at least a monthly basis. You may have multiple Excel spreadsheet or Google Sheets that you are using to keep track of all sorts of critical metrics. 

If you’re not tracking KPIs, I would encourage you to do so ASAP. If you need help determining which KPIs to track, please contact us and we can help.

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

Please reach out if you need help. 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. 

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Topics: company goals, KPIs, Excel

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.

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Topics: company goals, KPIs, company core values

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?

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Topics: company goals, employee goals, employee goal tracking

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?

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Topics: company goals

How To Select The Right Manufacturing KPIs

Posted by John Boudreau on Sep 26, 2017 4:27:28 PM

Many companies struggle with what to measure to improve the performance of their companies. I've seen some blog posts that just give a long list of manufacturing KPIs for the reader to chose from.

Deciding on your manufacturing KPIs is as important as thinking through your system to track, review and correct.

You are choosing manufacturing KPIs in order to improve your performance. To do so, I recommend companies follow these 4 steps.

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Topics: company alignment, company goals, KPIs, Manufacturing KPIs

How To Make Your Small Business Meetings More Productive

Posted by John Boudreau on Mar 14, 2017 3:00:37 PM

In this post, we begin our three-part series on meetings and seek to change your thinking around small business meetings to show the true value meetings can create. We'll do this by providing some practical guidelines to make your small business meetings a real value driver in your small business not a time and value drain.

The Purpose Of Small Business Meetings

In a recent conversation with a new client, I heard the client say, "I hate meetings.” Why do business owners have such a disdain for meetings? It's not that many just don't like them, they "hate" them.

To many small business owners, meetings are seen as a time waster where employees complain about problems and drop them at the feet of the owner.

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Topics: company goals, monthly meetings, management meetings, fires

How To Achieve Company Goals By Linking Them To Employee Goals

Posted by John Boudreau on Mar 9, 2017 9:17:46 AM

In this three-part series, we've been writing about company goal setting.

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Topics: company goals, employee goals, employee initiatives

How Not Communicating Your Company Goals Can Cause Massive Profit Leaks

Posted by John Boudreau on Feb 6, 2017 11:05:55 AM

In this four-part series, we are looking at areas where your business may be leaking profit.

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Topics: company goals, employee engagement, employee goals, profit leaks

5 Steps To A 30% Increase In Revenue And A 147% Increase In Profit In 2017

Posted by John Boudreau on Jan 9, 2017 12:04:51 PM

The new year has begun, now what?

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Topics: company goals, Increasing Profit, increasing revenue