10 ways to improve business performance

10 ways to improve business performance

10 ways to improve business performance

Here are ten ways to make sure that you continue to drive through each business quarter with purpose, vision and the courage to super-charge your business.

1. Eliminate distractions: 

Time is the scarcest resource and biggest killer for most businesses.

When we get busy we can also get distracted and focus too much time and energy on the wrong things.

Be brave - slash standard meeting times, reduce unnecessary admin and delegate roles and responsibilities.

2. Say goodbye to bad customers: 

If possible in your business, get rid of ten time-wasters, bad payers, or customers who cause you pain.

You will feel instant relief and spend your time better elsewhere.

3. Invest More: 

Having freed up time and headspace from deploying points one and two above, make sure you ring-fence time, key people, and money for some of the initiatives below.

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Redeploy with passion!

4. Get a Plan: 

You don't go on a journey without a map or any idea of where you're headed - so why fly blind with your business?

Have a planning process, create a kick-ass plan - and execute.

5. Surround yourself with positivity: 

Make sure the people in your business understand and share your vision.

Bring them onboard, listen to them and give them ownership.

Don't let people who don't get it, or don't care, be a millstone around your neck.

If they're not right, do them a favor and free up their futures.

6. Use Technology: 

Technology can help you decrease admin, improve communications, improve reporting and accountability.

Whether it's for team communication or cloud accounting, slash paper and automate where possible.

7. Keep on top of the numbers: 

Do you have enough information to monitor business cashflow and see emerging trends?

8. Be Different: 

Break the mold and position yourself to attract ambitious, growing and engaged clients, and employees.

9. Deploy Marketing: 

Create a simple marketing plan to increase reach and penetration.

Set aside a budget to treat this seriously.

Start by making sure you really understand your customers.

Existing customers are prospects too, keeping them happy is your first step.

The more you know about them, the easier it will be to attract more of the same.

10. Take a break: 

Don't underestimate the time you have away from your business.

It can allow you to come back refreshed with new enthusiasm and inspiration for the way forward.


Talk to us about reviewing and improving your business performance...

We’ll help you identify the risks, spot the opportunities and create your business performance to remain competitive, stable and profitable in the future.

Next Steps

Learn more about how CFO Coach can help:

I help CEO’s earn higher ROI from FMCG Manufacturing Opportunities through Value Maximization on Profit & Cashflow so you can have the Next level of Success, Impact & Abundance.

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Sanjay Gehija

Business Analyst, Project Managment, Functional Head

1y

Great job on your article! It was informative and well-researched

Sayed Irfan

Empowering FMCG CEOs to Achieve 10X Growth through Strategic Leadership and Risk Management | FMCG Manufacturing (F&B) Sector Specialist | 20 Years Driving Business Excellence nas.io/cfo-coach-club

1y
Sayed Irfan

Empowering FMCG CEOs to Achieve 10X Growth through Strategic Leadership and Risk Management | FMCG Manufacturing (F&B) Sector Specialist | 20 Years Driving Business Excellence nas.io/cfo-coach-club

1y
Sayed Irfan

Empowering FMCG CEOs to Achieve 10X Growth through Strategic Leadership and Risk Management | FMCG Manufacturing (F&B) Sector Specialist | 20 Years Driving Business Excellence nas.io/cfo-coach-club

1y
Sayed Irfan

Empowering FMCG CEOs to Achieve 10X Growth through Strategic Leadership and Risk Management | FMCG Manufacturing (F&B) Sector Specialist | 20 Years Driving Business Excellence nas.io/cfo-coach-club

1y

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