successful-scaleable-business

The 5 Keys to People Building a Successful, Scalable Business

Having the properly motivated and engaged staff is more important than your products or services when it comes to success in business.

To give your business the best chance of industry leading performance its vital to have the right people, properly motivated and thoroughly engaged in your business.  You can have a totally ground breaking unique and needed products but without the right team you will never build a successful company.”

Business owners that get involved in all decisions, big and small, run the risk of burn out and reducing the business to a crawl as staff wait for authority to continue with their work.  I work with owners that have a real passion for their business, work 60 hours plus, have great people working for them but the bigger the business gets the busier they get and the slower decisions are made.

This is a recipe for disaster for the owner, his family and the business.  But this does not have to be the way Business owners can have their cake and eat it to.

By building the right cultural, training and training framework your business can become truly scalable allowing the business to run itself without the owner needing to be directly involved.

Five elements which are key to building this culture are the following:

  1. New staff selection: Ensure the values of the new staff align with yours and that of the business.  Take your time and find the right staff.  They are worth the wait.
  2. New Staff Induction and Training: Don’t just drop your staff at the desk.  Spend time ensuring they truly understand the driving force of the business and how their job fits into the system.
  3. Communication: Understand and appreciate your direct reports. This approach will filter down through the organisation.
  4. Reporting Framework and Feedback: When a team member has made the wrong decision Focus on the actions rather than the person.
  5. Celebrate the Wins: In most organisation we engage with our coworkers more than our family.  Celebrating the wins even if it’s just a token, it all helps to build a positive culture.

The implementation of these 5 elements will provide the opportunity to give staff autonomy in their roles and freedom to make decisions, vital to building a successful, scalable business.

For more information on how to build your business, improve your systems and engage your staff contact Sean McCormick or the team at MnM Business Solutions.

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What Is ERP and How it Helps Build a Better Business?

ERP or Enterprise Resource Planning refers to the automation and integration of a company’s core business to improve security, effectiveness and create simplified systems.

An ERP system automates and integrates core business processes such as taking customer orders, scheduling operations, and keeping inventory records and financial data. This can drive huge improvements in the effectiveness of any organisation by:
• assisting you in defining your business processes and ensuring they are complied with throughout the supply chain;
• protecting your critical business data through well-defined roles and security access
• enabling you to plan your work load based on existing orders and forecasts
• providing you with the tools to give a high level of service to your customers
• translating your data into decision making information

Benefits of ERP for your Business

  1. Integration across all business processes – To realize the full benefits of an ERP system it should be fully integrated into all aspects of your business from the customer facing front end, through planning and scheduling, to the production and distribution of the products you make.
  2. Automation enhances productivity – By automating aspects of business processes, ERP makes them more efficient, less prone to error, and faster. It also frees up people from mundane tasks such as balancing data.
  3. Increase overall performance – The integration of disparate business processes benefits by ensuring coherence and avoids duplication, discontinuity, and people working at cross purposes, in different parts of the organisation. The cumulative positive effect when business processes integrate well is overall superior performance by the organisation.
  4. Quality Reports and Performance Analysis – Analysis will enable you to produce financial and boardroom quality reports, as well as to conduct analysis on the performance of your organisation.
  5. Integrates across the entire supply chain – A best of breed system should extend beyond your organisation and integrate with both your supplier and customer systems to ensure full visibility and efficiency across your supply chain.MnM Business Solutions has many years of successful ERP implementation please contact us today on 1800 775 026 or use our contact us form. We can help you build a better business.* This article can be found in full at www.syspro.com/au/