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Strengthening the Three Pillars of Business for Success Operations. Leslie Yeates, P.Eng. The Three Pillars. Your Business. Finance. Operations. Market Condition. Marketing. Business Life Cycle. Your Business. Industry. Products & Services. Competition. Shareholder Circumstances.
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Strengthening the Three Pillarsof Business for SuccessOperations Leslie Yeates, P.Eng.
The Three Pillars Your Business Finance Operations Market Condition Marketing
Your Business Industry Products & Services Competition Shareholder Circumstances Marketing & Sales Strategy Structure Culture Vision People Systems & Processes Business Environment Finance Technology Customers
Establish Structure Early • Sustainable business model • Organize for agility • Systematize your business • The Way we do it here • Policy and Procedures • Roles and Responsibility
Keep Your Feet Firmly Planted • Your business is what you deliver • Know your customer’s needs and wants • Stay connected to the “Front Line”
Think process, not operations 3 Questions to ask about your process • Does it need to be done at all? • Is it being done in the most effective way? • Is it being done in a systemized manner? Systemize the routine, humanize the exception
Poor Processes meansPoor Business 85% of errors in production are commonly due to systems
Continuous Improvement • Actively look for the waste • Make the hard decision to trim waste • Know accurately the cost of the service you provide
Build Your Team Know what and who you need Hire for fit Keep the Good Ones Support development Deal with Performance
Getting Things Done How to “Get it Done” Understand the problem Develop the solution Develop a plan of attack
Measuring & Monitoring • Each process deserves a performance measure • Keep it simple and visual • Share it • Use it
Get Help Industry Products & Services Competition Shareholder Circumstances Marketing & Sales Strategy Structure Culture Vision People Systems & Processes Business Environment Finance Technology Customers
Thank you for this opportunity!Leslie Mobile: 905.429.0572 leslie.yeates@rocg.com www.rocg.com