Systems are one of the most important areas of business today. it enables the business to work without you. Business is a commercial, profitable enterprise that works without you. People like Bill Gates can take several months off from the business and pursue other passions because they have systems that run the business even when they are not around.
- DESTINATIONHave you ever felt that your team members may not be giving their all in your business? and do you wonder if they are even on the same page as you when it comes to the direction of the business?
Well, everyone has to be know your company's vision by heart. Yet, more importantly, they need to buy into it as well. Meaning that frequent communication and education.
Later on, after setting your vision, it is time to clarify your mission statement. It is more detailed than your vision and spells out WHO YOU ARE, WHAT BUSINESS ARE YOU IN, WHO YOUR CUSTOMERS ARE, and WHAT DIFFERENTIATES YOU FROM YOUR COMPETITION.
Part of getting everyone on the path to the same destination involves setting SMART Goals. SMART stands to Specific, Measurable, Achievable, Results-oriented, and have a Time-frame.
- TEAM
When you have a Culture Statement, you and your team will understand what values you hold important and that way, everyone knows what behavior is acceptable or not. later on, this will make your work as a business owner so much easier.
- MANAGEMENTThere are two tools that can help you in order to give a team members if they face unclear situation about their duties even after months on the job.
The tools are: Positional Contracts andKey Performance Indicators (KPIs).
This KPIs on the other hand, are 5-10 things that are required for every employee to achieve and it is very specific. Later on, it is very effective especially if it is tied to their bonuses!
The 3 areas above are vital for ensuring your business runs smoothly as it is. Now, it is time to take some actions! :)
