Topic: Scorecard and Data

Advice and Insight for Entrepreneurs and Leadership Teams

Solving Business Pain

scorecard company healthToo often when things aren’t going right in your Business, you tend to focus on where you think the problems lie and come up with a solution in isolation to what’s going on elsewhere in the company. It would be like getting a prescription from a doctor without first having a consultation about your symptoms to see what else is going on.

The same applies in business; don’t potentially misdiagnose the problem without all the facts. So how can you keep a close eye on all the facts?

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3 Ways to Measure the Effectiveness of Your Processes

After you’ve worked hard to document your company’s core processes, the next challenge is to develop an effective method for rolling them out to all of your employees. Creating a company or departmental scorecard is the best way to measure if your team is complying with the steps of a core process.

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A Great Week = A Great Scorecard

For many organizations and leaders, finding the right set of 5 to 15 leading indicators that provide an absolute pulse on the business (or the department) is a difficult challenge. Often it takes several months or longer to truly fall in love with your scorecard.

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This 3-Step Tool Can Help You Increase Profits in 2018

One of my clients was chomping at the bit to document their core processes – especially their HR process. They were a family-owned business and their turnover was holding back their profitability. They believed a robust HR process would reduce turnover and help increase profits.

So I taught them the three-step EOS® method to document their process. They created a rock for it, and got to work. But there were problems.

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