A newsletter from BNI: What it takes to get ahead, and stay there. Set goals and benchmark performance. It’s easy to drift in business if you don’t have specific goals. Successful companies stay on top because they set themselves very clear targets: sales volume, profit margin, client growth, overhead control and marketing goals. The reason is this all leads to the ultimate objective – increased profits. Once these goals are in place these companies share them with their staff and even their most trusted suppliers. They want everyone to understand what the company is trying to do. Why? Because they know that education and “buy in” are essential ingredients to success. Reviewing the progress of goals, otherwise known as ‘performance benchmarking’, engages everyone and encourages accountability, enabling successful companies to replicate their successes and marginalise their shortcomings. Action: Plan your business performance benchmarking strategy and set aside time every month to review your progress. Were BNI, the worlds largest networking organisation. A very clever/crafty invitation to help them grow *their* business.
Posted on: Mon, 29 Sep 2014 14:52:58 +0000
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