It’s YOUR Business – drive it to where YOU want it to go!
Running a Business is like driving the “INDY 500″
YOU are the DRIVER! Is your Vehicle ready to GO?
Here are the 8 components of a succcessful Business System
1) Strategic Management System
2) Marketing Management System
3) People Management System
4) Information Management System
5) Financial Management System
6) Facilities Management System
7) Risk Management System
8) Inspiration System … and – they all work together!
The “secret” is the “layered synchronization” of these systems!
As with a RACING CAR, you need ALL of the parts performing at peak levels if you want to win! It is the same for us in the business marketplace – ALL SYSTEMS must be operating at top levels!
MANAGEMENT (Administrative) SYSTEMS – the STEERING WHEEL, if you will. It doesn’t matter WHAT type of car you have if there is no direction provided by a steering wheel! This is the philosophical & organizational foundation of the business.
MARKETING MANAGEMENT SYSTEMS – This area must ABSOLUTELY be addressed COMPLETELY BEFORE tackling the People Systems! This is the ENGINE that converts philosophies into CUSTOMERS! It is the PROCESS and POWER that will drive the organization directly and with purpose towards it’s goals! All other Systems will be FAR less effective without thinking this through first!
PEOPLE MANAGEMENT SYSTEMS – The MOST COMMON COMPLAINT among all Small Business Owners is “it is so hard to find GOOD PEOPLE” … when the truth is that GREAT COMPANIES set up the critical SYSTEMS within their companies so that ORDINARY PEOPLE can acheive EXTRAORDINARY RESULTS!!! This is the PIT CREW that will take your company to the next levels!
INFORMATION MANAGEMENT SYSTEMS – TRACKING & FLOW – Company Data Files & Customer Database (CRM). These, taken together, are the TRANSMISSION. If you do not have hyper-organized Company Data files, your business will be constantly re-inventing the wheel! Web-based databases are the wave of the NOW for many reasons!
FINANCIAL MANAGEMENT SYSTEMS – CASH FLOW, and its’ MANAGEMENT, is the OIL that keeps all of the parts of the business (car) running smoothly. You MUST have the ability to PINPOINT POTENTIAL GROWTH AREAS AS WELL AS PROBLEM AREAS EASILY! This is entirely possible through the correct set up of Quickbooks Pro – if you do not have specific, timely, accurate Financial Reports on both the Company as a whole as well as on EACH PROGRAM UNIT, you are essentially just GUESSING as to how your business units are doing! Does this sound like a business with a GPS?
FACILITIES MANAGEMENT SYSTEMS – Think of this as the Structural CHASSIS of the business. Efficient use of facilities is REQUIRED to maximize your ROI (Return on Investment) & ROA (Return on Assets). A Facility Management System drills this down from the entire building to each and every teaching or learning station.
RISK MANAGEMENT SYSTEMS – The TIRES – the 4 tires that support the Risk Management System are:
- SAFETY PLANS
- LEGAL DEFENSE PLANS
- INSURANCE PLANS
Taken together, these 4 factors allow us to sleep at night knowing that we are operating at the very TOP of Industry Standards, and have done everything that we knew of to protect our customers (children & parents), our staff, our business and ourselves!
INSPIRATION SYSTEMS – The FUEL – your “Inspiration Fuel” is high octane if your people provide the “3 E’s”
Energy + Enthusiasm = Electricity!
throughout your operations!
A critical common thread throughout the systems is the ORGANIZATION OF PROGRAMS & PEOPLE. As you flesh out the details of each System Component, and apply them to YOUR operation, you will see more efficient and effective use of people, time and resources take place.