Thump 2010 9 Secrets to Business Growth

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You can be one of the lucky people to learn how to master the secrets of growing your business. …

You can be one of the lucky people to learn how to master the secrets of growing your business.

Using the template from 100's of successful CEO's from Bill Gates to Jack Welch, you will learn the secrets to replace the helter-skelter of business to a disciplined approach - an approach that breads harmony, vision, understanding, leadership and wealth.

This presentationn is for the few people who are prepared to be strategic in order to reach their goals. You will leave with the skills to write a one page Strategic Plan and catapult your business to a new stratosphere!

More in: Business
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Transcript

  • 1. 9 secrets to grow your business “ If you can’t afford the people to run the business for you, then all you have is a job, not a business.” Doug Harrison, CEO The Scooter Store
  • 2.  
  • 3.  
  • 4. The Background . . .
    • John D Rockefeller
    • Founded the Standard Oil Company
    • In 1902, an audit showed Rockefeller was worth about $200 million
    • Eve of WWI he was worth an estimated $900m!
    • By his death $1.4billion.
    • The key for Rockefeller’s success was gaining an advantage in transport costs.
    • Every decision in his business, was aligned on his focus of reducing transportation costs.
  • 5. The Background . . .
    • John D Rockefeller
    • Rockefeller had 3 sets of fundamentals that he followed:
    • Priorities – the balance of short and long term goals.
    • Data – in order to know you are working on your priorities, you need feedback in terms of real information or data. There are some Smart Numbers which give you an idea long term of the business and there are the Critical Numbers which are more short term. So balance the short & long term through numbers!
    • Rhythm – You need to keep everyone aligned with the goals, so this means regular meetings and keeping people accountable. This will provide rhythm to get to the goal.
  • 6.
    • The 9 secrets:
      • Focus or vision
      • The One Page Strategic Plan
      • The Right People
      • Your Numbers
      • The top 5 (3) & 1 of 5 (3)
      • Themes
      • Create Rhythm with Meetings
      • Action – do stuff!
      • Join a Round Table
    “ If you want to teach people a new way of thinking, don’t bother trying to teach them. Instead, give them a tool, the use of which will lead you to new ways of thinking.” Buckminster Fuller
  • 7. Secret #1
  • 8. Secret #2
  • 9. HOPE IS NOT A STRATEGY.
  • 10. Secret #3
  • 11. Secret #4
    • Numbers for the business:
      • Smart numbers – long term numbers that will show growth
      • Critical numbers – short term numbers that show growth
  • 12. Secret #5
    • Top 3 (5) and 1 of 3 (5)
    • Ask yourself: ‘ ‘ What do I need to be doing TODAY to keep this business moving forward in our plans and at the speed the market demands”
  • 13. Secret #6
    • Quarterly Theme
  • 14. Secret #7
    • Creating rhythm in your business:
      • Daily — Where we are today?
        • Every employee in some sort of short daily huddle
      • Weekly — Improving what we do
        • Most employees in longer weekly huddles
      • Monthly — Learning and reviewing
        • Mid Managers in monthly huddles
      • Quarterly — Communicating new directions
        • All company to hear
      • Annually — Communicating the new focus for the business
        • All company to contribute and share
  • 15. Secret #8
  • 16. Secret #9
  • 17. Two resources I recommend
    • Check out:
    • www.gazelles.com
    • www.rexroundtables.com
  • 18. Justin Tamsett B.Ed (Phys & Health Education) Feel free to contact JT: [email_address] Follow JT on Twitter: @JTActiveMgmt To read JT’s blog: www.justintamsett.com Become an Active Management Fan on Facebook: www.facebook.com/activemanagement And for more information on Active Management helping your business go to: www.activemgmt.com.au "What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others." Pericles