Can you find your Hidden Factory?
Are you fully aware of everything that goes on inside your company and the effect it may have onyour business overall? Do any of your customers or staff understand what it means to have a“Hidden Factory” and its impact on the products and services they provide? Most business owners will have some awareness of tangible […]
Productivity v’s Efficiency
When discussing the topic of business improvement, terms like ‘productivity’ and ‘efficiency’are often used interchangeably, however there is a significant difference between the two.Understanding both terms is key to achieving significant business growth, whether it is throughfocusing on efficiency or productivity improvements Productivity A common definition of productivity is: ‘the ratio of the output of […]
Navigating Change Management
A common definition of change management is: ‘the structured approach to moving a companyfrom its current state to a desired future state and ensuring that the company remains in thedesired state.’ The wider implication of change management must be considered, and the impactthe change itself has on the company and its employees. Regardless of the […]
Change Management
To improve a company is to change it. Doing what you’ve always done means you’ll always getthe same result. With current markets in such an uncertain state, some of the most successfulcompanies are ones that can handle, respond to, and deal with change. Unless these changesare managed well, a business will not be able to […]
The 5 Stages of Small Business Growth
Readers of this article are usually business owners or senior managers who are interested in maximising theefficiency and profitability of their companies. There was a great deal of interest in the study of the five stages ofsmall business growth. The ability to identify at which stage your company has reached and what the next stepshould […]