“We own a few businesses and we’d agreed to put all of our efforts into growing the premium services company. However the results seem to be getting worse rather than better. I’m starting to wonder whether we chose the right company to focus on, and if so, how to get it going in the right direction.”
Thoughts of the Day: Knowing how to set priorities across multiple businesses can be a real challenge. Look for opportunity. Evaluate the risks and rewards. Select businesses that have long horizons.
Continue reading “Focusing Our Efforts On Growth and Profit”
Have a partner who can’t prioritize. He works on one thing until he’s done, doesn’t matter how frustrated he gets, gets stuck and just is stuck. How can I help him get unstuck so he can work on top priority things? For that matter, what should be at the top of the priority list?
Thoughts of the Day: There are only so many hours in the day at work, make each one count. Learn to make the most of individual differences Divide up the work. Set aside time to think and reflect. When in doubt, look at the job description.
Continue reading “Prioritizing at the Owner Level”
Things got behind in production and we’re trying to catch up. Can you give us any suggestions?
Thoughts of the Day: There are lots of contributors to backlog. Check on re-do’s and inventory. Take a look at which equipment is the most behind. Look for efficiencies. Build a realistic production plan. Assign staff to talk to customers.
Continue reading “Fixing Production Delays”