Businesses help our economy improve by introducing products and services that outperform their competitors and please more customers.
Systems and success
Business systems create a framework for achievement.
Large organizations have policies and procedures so that employees and customers know what’s expected of them and have guidelines for dealing with various situations.
The poster child for systems is McDonalds. McDonalds doesn’t have the greatest food. You can get a better hamburger somewhere else. But you know what to expect. A Big Mac and fries is the same at any McDonalds that you visit, and will be ready soon after you order them. You know the dining room looks the same at McDonalds restaurants and the restrooms will be clean. The employees dress in McDonalds uniforms and are clean and efficient. That consistency encourages the customers to trust the McDonalds experience and go to McDonalds when they visit a community away from home.
For a small business, having consistent “rules of engagement” is a way of managing customers’ expectations and also inspires trust. For example, if customers know you only return text messages or phone calls in the afternoon or on certain days, they don’t (or shouldn’t) expect an instant response for their texts and calls.
Having sales scripts for employees can “free up” their minds to make adjustments for a customer’s special problems. They basically already know what to say.
When you have a system, you might also need to know how and when to violate the system in certain cases, usually in favor of certain customers, especially “A” customers that are major sources of revenue and are centers of influence that generate a lot of referrals. (You might also create a “pay for access” system, like the “Lightning Lane” Disney offers in its amusement parks.)
The New Year will soon be here. What systems can you create to make your business more successful and fun next year?
“But I’ll know it!”
The wisest and best salesman is always the one who bluntly tells the truth about his article.
Thank God for Deadlines!
Whatever you try to accomplish, using deadlines in your planning makes it more likely to get done.
Business demands v. personal life preferences
After one tax season, I came home for dinner with my family. The children were sitting at the table, smiling like Cheshire cats. My wife explained, "They're glad to see you. You haven't been home for dinner in three months!"
Nothing happens until somebody moves
We might suffer from "analysis paralysis" -- we're so busy studying an idea that we don't get around to putting it into action.
The Power of “No”
You can't do and shouldn't try to do EVERYTHING!
Business survival through evolution
Whatever business you are in, plan on radical change happening soon. Your business will look much different after just a few years, possibly just a few months!
Contingency Planning
The planning process should also consider Murphy's Law, "Anything that can go wrong, will go wrong."
Planning how to overcome obstacles is essential
At least as much thought and energy should be devoted to identifying and planning to overcome obstacles as to identifying and defining the goal.