The first and most important aspect of achieving maximum productivity is the creation and execution of an effective business plan. This entails identifying both the primary objective, crafting corresponding goals and sub goals, and documenting the means to implement those goals. Lack of a clear vision of the future is often the downfall of small businesses and startups (and the occasional larger business with poor leadership).
In implementing said goals, however, there are a few key concerns which should be carefully evaluated. One must examine the goals with brutal honesty; for example, it would be nice to increase sales revenue by 100% by this time next year, but do you have the resources and infrastructure in place, or are you willing to make the capital investment required? If you really want to increase output by 75,000 units by the end of 2014, solid sub goals would be to increase output by 25,000 units Q2-Q4 – but do you have the personnel and plant capacity to ratchet up production that quickly?
Creating a business model to maximize productivity is always fun and should be creative, but sustaining your model is the hard part – and often the difference between being a legitimate innovator (or disruptor) and being bankrupt. We’ve identified a few key areas that can make a difference between sustaining productivity and becoming a stagnant business model.
- Growth- While this seems different than sustainment, a small amount of growth is necessary for continuity. Inevitably, you will lose some customers; you’ll need to gain more to continue operations. As inflation, overhead costs, and wages increase, so should your business’s organic growth.
- Technology- In order to remain competitive and efficient, embrace the power and respect the power of millennial innovation – from mobile apps to more effective databases, technology should become an integral part of your core business components. A mobile app isn’t for every business – but at the minimum, a webpage is.
- Personnel- It is paramount to have the right people in the right places. The best business plan will only go so far; you need people who will simply execute – no excuses, no delays. An ineffective recruiting plan can drastically decrease production.
Fortunately, at Dunhill Staffing Systems, we can help with all three by focusing on a human resources plan. We maintain a number of relationships with professional candidates. We specialize in placing high-level engineers in the southeast as well as nationally. We place for a wide variety of roles and can help you craft a retention plan to ensure business continuity. We only retain vetted candidates with relevant skill sets, and we have over sixty years experience in fitting the right candidate with the right employer. Contact us today to see how we can help with your employment needs.