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Category - Corporate Culture

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1
Growing Your Business By Setting It Up To Scale
2
Growing Your Business By Growing Your Employees
3
Dealing With Overwhelm In A Small Business
4
Small Business Leadership
5
From “Vision” To Reality

Growing Your Business By Setting It Up To Scale

When you start your business, and as it grows, you will have a picture in your mind about where it will end up as your successful business.

The chances are that you see a business that grows and is prosperous, efficient, duplicating what it does for your clients now, but on a much larger scale, and repeating your success in bigger contexts.

This doesn’t happen by chance. You need to plan it, you need to set it up correctly so that it will scale efficiently rather than in fits and starts and discover all sorts of inefficiencies and roadblocks to growth along the way.

We will look at the steps you need to take, right now, before the growth spurts start, to set up your business to scale.

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Growing Your Business By Growing Your Employees

Typically, small businesses employ a small number of people before they expand and grow.

As small businesses grow, the way they develop and grow their people will help them grow their business as well. So, the performance of those people in the early years is fundamental to the performance of the business as it grows.

Therefore your small business should attempt to ensure the best performance from your employees, and systems to help them grow and develop along with your business.

The best way of developing your employees is to implement an effective review system where they are shown what their key performance indicators are, where they can be given clear targets to achieve, and where positive but honest feedback can be given both ways so that they are helped to develop and that they provide feedback to you on how you can best use them in your business.

In order to implement an effective staff performance review system, you first need to have something against which to measure. Read More

Dealing With Overwhelm In A Small Business

About 3 years ago I read an article in a small business magazine that said over 70% of small business owners were overwhelmed by their work and responsibilities.

Do you think that got better or worse in 2020?

At the best of times, small business owners have multiple responsibilities and have to deal with multiple issues and decisions at any one time. Even the most well organised of us sometimes feel as if they are ten different people in one body!

Stress and small business owners are two things that always come together.

From what I understand, stress actually affects your body on a cellular level. The change it affects on your body makes you physically as well as mentally tired, and it makes you more and more unable to cope with stress. So, the more stressed and overwhelmed you feel….. the more stress and overwhelm you will feel!

And if stress is not good for you, a stressed leader is certainly not good for your business!

So it is more than worthwhile for all small business owners to organise their affairs and workflows to reduce stress and overwhelm.

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Small Business Leadership

As I was tidying some old files and briefcases in my home office, I came across an old notebook that I used to carry around with me all the time (see the cover image of this post).

What was interesting is that I found some notes about leadership that I was penning in 1993 – quite a few years ago!

I remember that at the time, I had just started my business 2 years before, after working in large international accounting firms for the previous 9 years, so I was keen to develop the culture of my own firm in a way that would differentiate it from other small accounting firms.

I had attended Business Schools in the US as part of my employment with the large accounting firm I was with and some of these notes came from a book called The Leadership Challenge by Kouzes and Posner.

I thought it would be interesting to provide my notes about Leadership from 1993 and see how much I had changed in my thinking.

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From “Vision” To Reality

Last week I wrote about how all planning starts with a clear vision of where you want to go. I gave you three simple steps to create a vision for your business that also establishes clear measurements of how close you are getting to “success”.

And yet, some pragmatic small business owners are still concerned that spending time on this “vision-thing” is not really productive, They can’t see how a wild and woolly “vision” can really help them succeed amongst their daily grind.

Well, that may explain why they feel they are in a daily “grind” rather than feel that they are successfully building the business of their dreams.

Before I show you exactly how you can use your vision to create a reality in your business – one that ensures everyone in it knows exactly what to do without being told and where everyone is pulling toward the same targets of “success”, let me ask you something.

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