Thursday, May 28, 2009

Business Tips

Below you find some business management tips discussed at today's Adrian in the AM led by Amy Bergman of MasterMind Consulting Network. You can reach Amy at 517.789.9826.

  • Don’t try to be all things to all people.
  • Look for the “excess fat” in your organization: time; money; energy and resources.
  • Harness the power of your people, spending 90% of your time on top performers.
  • Have a business plan.
  • Set goals and keep them visible. List goals on a sticky note on your computer monitor so they serve as a reminder of what you should be working on.
  • Spend the majority of your time on your High Payoff activities. Delegate the rest.
  • Utilize technology to more effectively manage and deliver services.
  • Don’t over promise, over deliver.
  • Create efficiencies.
  • Know your core business and/or mission.
  • Continually monitor, evaluate and re-align.
  • Internal communication is critical. Staff must be aware of happenings within the business which impact their ability to do their jobs well.
  • Ask employees to help identify better and more cost-effective and efficient ways of doing things in your workplace.
  • Identify the things you do well and work to do them even better.
  • Get back to the basics of doing good business – product, price, promotion.
  • Think out of the box – identify creative ways to sell, market, manage and contain costs.
  • Give employees the authority to do their jobs and take care of your customers.

To find out more about Chamber programs that can provide you with business counsel, networking and marketing assistance, log on to www.adrianareachamber.com.

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