Benefits of Systemising a company a talk to the Chamber of Commerce in Worcester with Rob Turner of Turner Construction & Simon Williams of Arrivista Business Coaching.
www.robturner.info
Most clients achieve over 3,000% ROI when investing our services
More than 70% clients overcome financial distresses and avoided undesired consequences
Over 90% clients stay with us more than 10 years after engaging us
Complete integrated multi-disciplines for all SMEs’ management, marketing, IT, & financial needs
1st Ever Comprehensive Framework To Grow Company Healthily & Holistically With +Ve Cashflows
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Complete integrated multi-disciplines for all SMEs’ management, marketing, IT, & financial needs
1st Ever Comprehensive Framework To Grow Company Healthily & Holistically With +Ve Cashflows
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Join PayScale in this webinar where we explore the top 5 things you can do to move the needle on retention in your organization.
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-The benefits of turnover
-Measuring turnover
-Linking pay with retention
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• Ensure that software development capability is an attribute of the organization rather than of a few individuals
• Align the motivation of individuals with that of the organization
• Retain human assets (i.e., people with critical knowledge and skills) within the organization
The P-CMM includes practices in such areas as
• Work environment
• Communication
• Staffing
• Managing performance
• Training
• Compensation
• Competency development
• Career development
• Team building
• Culture development
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Powered growth systematisation Worcester in October 2014
1. Powered Growth Programme
Rob Turner, Turner Construction
Simon Williams, Arrivista
Thursday, 16th October, 2014
Worcestershire C.C.C.
The importance
of systemisation
5. Benefits of Systemisation
Consistency = Quality
Improve Service Offering
Focus on achieving targets
Better Measurement
Member Development
Improves business value
6. How to make a Strawberry
MacMilkshake
Throw strawberries, sugar and milk
into a blender and flick the switch ….
OR
7. Sugar, water, corn syrup, strawberries, high fructose corn syrup,
natural (botanical source) and artificial flavors, pectin, citric acid,
xanthan gum, potassium sorbate, caramel colour, calcium chloride,
red 40
Xanthan gum is composed of pentasaccharide repeat units,
comprising glucose, mannose, and glucuronic acid in the molar ratio
2.0:2.0:1.0. It is produced by the fermentation of glucose, sucrose, or
lactose. After a fermentation period, the polysaccharide is precipitated
from a growth medium with isopropyl alcohol, dried, and ground into
a fine powder. Later, it is added to a liquid medium to form the gum
1. Buy or make Xathan Gum
2. Mix with other ingredients
• Which order?
• What volumes?
• Any process steps?
3. Serve in large cardboard cup.
12. Rob Turner
Degree in Civil Engineering
Worked for 2 years for a Major Contractor
2 years Travelling & Working Abroad
Worked in the family firm since 1997
13. Turner Construction
Started in 1979 by 2 brothers
One left 1998 the other in 2001
Relationship & Vision not the same
Telecoms since 1992
16. Turner Construction
Systemising the Business for 5 years
Expanded from £160,000 to £1.3 M
Profits From -£36,000 to £50,000
From 3 Employees to 18
18. Consistency = Quality
Lee’s Story
Joined as a site manager 3 years ago
Not many systems in place
Whole load of challenges on site
He’s helped set up the systems
20. Improve service offering
Culture
5 C’s:
Critising
Complaining
Comparing
Competing
Contending
What would Rob Do, given the same situation
21. Benefits of Systemisation
Consistency = Quality
Improve Service Offering
Focus on achieving targets
Better Measurement
Member Development
Improves business value
23. Six Steps to Massive Results
M
A
S
S
I
V
E
R
E
S
U
L
T
S
Results
Synergy
Team
Leverage
Niche
Mastery From Chaos to
Control
Predictable Cash
Flow
Systematize for
Efficiency
Structure for
Growth
Well Oiled
Machine
Multiplication or
Acquisition
Stability
Cash
Time
Happiness
Diversification
Freedom
24. 10% increase
Number of Leads
x
Conversion Rate
=
Customers
x
No of Transactions
x
Avg. £££ Sale
=
Turnover
x
Profit Margins
=
£ Profit £
4,000
x
25%
=
1,000
x
2
x
£100
=
£200,000
x
25%
=
£50,000
4,400
x
27.5%
=
1,210
x
2.2
x
£110
=
£292,820
x
27.5%
=
£80,525
46%
61%
Common Goal to 100% involvement
36. Better Measurement
How has this helped
Better Control of Materials bought
Sub Contractors
Our own guys on site
Diary system
37. Personal Development
Company is reflection of you
As you grow so will it
Work harder on you than on your business
If you think you can or If you think you cant
either way you are right
38. Personal Development
Reading List
• 7 Habits – Stephen Covey
• Think & Grow Rich – Napoleon Hill
• Lazy Mans Way to Riches – Joe Karbo
• Rich Dad Poor Dad – Robert Kiyosaki
• One Minute Manager & Meets The Monkey - Blanchard
• The Chimp Paradox – Steven Peters
• Freedom From Command AND Control –Seddon
• Out of the Crisis - Edwards Deming
• Instant Cash Flow – Brad Sugars
39. Recruitment
What will the company look like in x Years?
What will that person do?
Who will train them
Law of the Farm
Members not staff or employees
40. Recruitment
Advert
Phone line – leave a message on 0845 528 0501
Phone Vetting
Group interview – Pressure test
One to one & offer
41. Member Development
Training System – learning plan
10 mins with the director isn't training
Witan forums
Focus meeting – once a month
Team meetings & WIFLE
42. Member Development
How To
• Bricklaying
• Manhole
• Building site maths
System improvements – document
mistakes
43. Improves business value
Definition of a real business:
Commercial, profitable enterprise
that works without you.
Sell or passive income?
44. What’s the investment?
To £360,000
Plus rent etc
… and magic 9.5%
And the returns?
Cashflow £95,000 to £200,000 pa NOT guaranteed:
It could be more, it could be less.
46. Improves business value
For the future 20% profit margin
Turn over up to £5M
Appoint a new general manager
Our own property development to feed
leads to construction side
I am doing more of the things I like