Essential Business Practices
making daily decisions
One of your main jobs as a CEO is to make daily decisions for your company. As your business grows, your ability to keep track of everything is diminished if you don’t develop systematic ways to learn about what’s going on. A weekly Company KPI report (Key Performance Indicators) is essential for making better decisions, gauging performance against plan, seeing trends, preventing surprises and keeping the conversation focused on what matters most. We show you how to lay out a KPI for all your departments and get your team on board to this way of doing things.
Information also covers reporting. For instance, because a business runs on money we need accurate financial reporting, and because you can’t operate in a vacuum, you need a process to collect external market data.
Finally, a management information system is vital for containing, managing, analyzing and reporting all of your information.
Pillar 3 - Information
Business Practices You Will Learn and Implement
Establish your company’s identity including its culture, its purpose for being, where it’s going, and how it will get there.
Live with intent. Create sales plan, budgets, department plans, project plans etc.
Build an A-Team and improve employee retention with proper hiring, coaching, development and recognition of top employees.
Document processes to ensure quality, consistency and repeatability
Generate the information you need to make the right decisions and track progress against plan.
Meetings are the life blood of an organization. Establish a winning meeting rhythm for maximum collaboration, cooperation and innovation.