ADDITIONAL RESOURCES:
Session Handout: STRATEGIC EFFICIENCY UNLEASHED: Mastering the 80/20 Principle
What does your business need to focus on to optimize your overall company performance? Where should you apply your critical resources to maximize overall performance?
The answers to these questions vary, depending on the current state of your business, as every business is unique and has vastly different strengths, weaknesses, opportunities, and threats. Key challenges range from increasing profitable revenue growth, supply chain efficiency, operational effectiveness, and recruiting/retention of key employees. Through the disciplined use of the 80/20 principle, we will identify those “critical few” things that your business is doing well, as well as those that are underperforming, and require different treatment. Once we recognize those customers, products, and processes that are truly driving your business today, we can set a clear focus on areas you will want to strengthen to optimize the effectiveness of your team, equipment, and financial resources, which are all limited and in high demand today.
Join us for the 80/20 Business Optimization Process webinar and learn how to:
• Find the core of your business using proven and data-driven methods. Work smarter not harder!
• Create a strategic long-term plan that aligns your entire organization around common goals and objectives, in customer experience, operational excellence, team member inclusion and financial performance. Clarity of purpose!
• Prioritize your key resources to focus on the most critical areas of improvement. We can do anything; we just cannot do everything!
• Define the tactics, resources, and timeline to execute your strategy effectively and efficiently. The plan to win!
• Track your progress toward achieving the goals and objectives defined in your plan to win. What gets measured gets done!
• Adjust your tactics as needed while keeping a disciplined focus on the high-payoff goals and objectives in your strategic plan.Tomorrow can always be better than today!
Your team consists of skilled experts who are committed to tackling the diverse challenges of running a successful business, such as increasing sales, improving operations, retaining talent, managing suppliers, innovating products and processes, and enhancing financial performance. By applying the proven 80/20 Business Optimization Process, you will provide direction to focus on the most critical issues for your business and work together to achieve excellence in your industry.