Moving up – Business Strategy, Goal Setting and Hiring

When people walk through the doors of your business, they are entering the space where you can make dreams happen, including your own. No doubt you’ve imagined the levels you want your business to achieve, and even if you’re reaching those goals, it’s not wise to rest on your laurels. By putting some simple strategies in place, you can take yourself, and your business, soaring to lofty heights.

Time can change everything, and that includes the way you operate and keep your company competitive. Strategies for improvement need to be assessed on a regular basis and products need to be constantly updated as the market changes. Whether your goals are large or small, there is a need to regularly revisit your business model with a critical eye.

Kaizen is the Japanese philosophy that focuses on continuous improvement and involves both management and employees. The five elements to kaizen are teamwork, personal discipline, improved morale, quality circles and suggestions for improvement. By assessing the strengths, weaknesses and existing resources within your business, you may find one or more of these approaches will help you achieve your desired goals. Here are some suggestions to get you started:

Push boundaries: Goals are an excellent way to measure progress and keep track of achievements. By taking calculated risks and stepping outside the comfort zone, it is possible to exceed your current aims and get to those other levels. The more willing you are to challenge yourself and others in your business, the more you have to gain.

Commit to learning: No matter how much you know now, there is a lot more you haven’t learnt—yet. There’s no need to be in a formal classroom to advance your knowledge and learn business philosophies. Workshops, seminars and online communities are great ways to mingle with others, share information and experiences. Delegate: Learning how to delegate could mean the difference between reaching your goals or burning out.

Many managers are used to doing a lot of the work themselves, but by identifying the tasks you can assign to someone else, you’ll have more time on your hands to work on the things you do best—growing your business. Reward yourself: Whenever you reach a new milestone or finish a task, take the time to give yourself a treat. Have lunch at the new restaurant that’s just opened up, go for a walk or eat that piece of cake you’ve been denying yourself. Every small step deserves recognition.

Slowly, slowly: Take time to assess a decision from every angle. Don’t rush. Knowledge and patience is power. Gather all the information you need and by doing so, you’re less likely to make a decision you’ll later regret.

Be reasonable: Every week, make a list of what you want to accomplish. Make sure you can measure your achievements and you are being realistic. Making millions of dollars is a nice goal, but it’s very hard to do in a week and is at the mercy of others to make it happen. Try aiming for the things you have control over like meeting with each staff member individually to discuss sales figures and get client feedback. These are goals you can control and each one will bring you closer to where you want to be.

Stay focussed and organized: Design a system for you to measure your success and remind yourself of the goals you wish to achieve. Visit the list regularly and if need be, make adjustments. By doing this you’ll quickly find out if you are on track.

Final thought: Chances are there’s a business you admire. What are the strategies they’ve implemented? You probably don’t have access to all their information, but there may be enough in the public domain for you to study. You never know, you might find a gem that you can use and take your business beyond your wildest dreams