Our mission and passion is to ensure all individuals we coach, mentor and train add to the bottom line of their business. Take the time to consider the activities contained below.
1. Understand how you can contribute
Each individual is a straight line cost to the business, unless they bring in revenue or add value. Consider the following calculation "My Contribution minus My Cost". If the answer to this calculation is a negative figure we are a cost to the business, a positive means we are adding value. So think of ways you can personally contribute. For example can you improve the wastage/downtime in production, or could you reduce turnaround time for a piece of work.
2. How can the team contribute?
In your next team meeting set the team a challenge of identifying ways in which they can add value back to the business. Focus on the things they have direct influence over, rather than those things that require high level policy decisions. Set a team target for this too.
3. Cost reduction ideas
Use a traditional suggestion box to get ideas from the team as to how to save money. Or create an email address for your team to use to email cost reduction ideas eg
. Have lunch with selected staff to get their ideas on reducing costs. Most important ACTION these ideas.
4. Identify new clients.
Individually identify new clients. Do it right now, TODAY! Identify at least 10 new clients that you could contact to generate a lead for yourself or sales team. Make sure you action these leads! Either call them or pass onto your sales team.
5. Get greener.
Thinking about the environment is good for the planet and also your bottom-line! Ensure all team members are considering the amount of energy and supplies they use. Identify in the team 5 ways to reduce your impact on the environment. For example set team challenges on the reducing the amount of unnecessary printing and stationary.
What ever you do make sure your contribution is always higher than your cost
Join today to gain full access to our Registered Members Resources
Sign in or register below