Soarent Vision’s ‘APPROACH TO BUSINESS SUCCESS’ is one of the most progressive approaches on the planet today - one that starts with individual people and their thinking and beliefs and links this to the core focus of the company CEO. With the requirement for companies to expand margins today to survive, it is not unusual for companies to struggle to make the transition beyond ‘okay’ returns. The most common fallback of leaders is to focus on (a) margin expansion through cost control measures, and (b) behaviour management to get people to do new things. Unless leaders become more aware of ..... The barriers that arise as companies evolve and progress through phases of revenue growth; The need for an individual’s thinking to change as they move from a task oriented position to a cost control position to a profit making position to a value growth position; and The subconscious patterns of thinking and behaviour that hold people back from higher levels of personal achievement and underpin company culture, ... ... bottom line improvements WILL NOT be sustainable in the medium to long-term! _______________________________________ 5 STEPS TO CONSISTENT BUSINESS SUCCESS  ① EFFECTIVE PEOPLE Massively enhance the effectiveness of the individual people who make up your organisation - they are the engines that drive your business! Help them become more effective in every aspect of their lives - both at work and at home. The mental limitations and barriers to an individual’s level of success and quality of life, collectively form the limitations of the company and underpin its culture. Incremental gains can be made through trying to manage behaviour and attitude, but quantum leaps in progress are only made when paradigms shift. HOW DO WE DO THAT? Read more about our foundation coaching event here ..... Part 1 of our Leader Certification / Master Black Belt program. ② SYSTEMISED BUSINESS EXECUTION & GROWTH (Internal) Install systems that focus on business execution and continual improvement, and align team members in continual progress towards and beyond agreed business objectives. Effective execution systems are those that result in: common direction and purpose; time expansion rather than compression; work at the appropriate level of detail; consistent focus on the most appropriate elements and metrics; and continual and proactive improvement. Soarent Vision’s systems create a bridge that continually links actions and behaviours to the strategic objectives of the business in a rhythm of annual execution, quarterly growth and weekly results planning. Read more about Soarent Vision’s main system: ‘Life & Enterprise Leadership’ system. ③ PROCESS CLARITY Get clear on core process performance and the highest value improvement opportunities that exist in your business. A multitude of methods exist, none more appropriate than Soarent Vision’s adaptation of value stream analysis to understand performance from 3 vital perspectives: Horizontally through the organisation as it interprets the requirements of customers Vertically down the organisation as it interprets the needs of the business In the space between core process elements where the signs of waste are hidden Maximise the use of quantitative data to make process improvement decisions. One of the key skills for managers in working effectively with any value stream is the ability to study process variation and respond to it in way most conducive to performance improvement. Thus, quantitative analysis and decision making skills are vital in business today. Interestingly enough, as process performance improves and it moves further up the performance curve, quantitative analysis skills become even more important in making process improvement decisions. (read more here) ④ GROWTH CAPACITY & BUSINESS VALUE Build internal capacity to maximise profit and prepare for future growth. More waste occurs in this area than in any other. As companies grow, the waste and inefficiencies in the business are magnified. The hidden factory grows at such a rate, it becomes difficult to curb when people are extremely busy and inadvertently get caught up in the corrective action psychology. Develop competency and implement a toolkit of improvement tools relevant to the process improvement needs of your organisation. In acknowledging that no one methodology suits all organisations, Soarent Vision’s ‘Continual Improvement Methodology’ is built around the tools of Change Mastery, Advanced Facilitation, Lean Thinking, Six Sigma and Systematic Problem Solving. Read more here ..... Increase business valuation multiples. You can also raise business valuation multiples by reducing business risk and increasing future growth potential. Simply put, a high risk business (e.g. the business evolves around a single person, IP is not protected, irregular or lumpy revenue streams, absence of contractual agreements etc) is not worth as much as a low risk business (e.g. highly systemised with process repeatability and efficiency, long-term contracts, future growth potential and expansion capability, transparent activities etc). ⑤ STRATEGIC VALUE Executive teams pursue the next level of value growth through strategic decision making. Economic value is created in many ways. Strategies such as product innovation, market penetration, mergers, acquisitions, public floats all target massive growth in the value of an organisation and the security of all stakeholders. SIMPLE TO TALK ABOUT - CHALLENGING TO DO IN A BUSY WORLD! For more information, or to arrange a presentation on Soarent Vision’s model for Value Growth, simply send us an email (home@soarent.com.au) or give us a call during office hours (AEST). READ MORE ABOUT THE ACCELERATION OF BUSINESS GROWTH TODAY HERE ..... ________________________________________________________________________________ Soarent Vision Pty. Ltd. PO Box 1027   |   Mt Ommaney, Qld, Australia 4074  |   www.soarent.com.au
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