by Russell Cummings | Aug 11, 2010 | Business Tips, Process Improvement, Strategy
Waste in most organisations accounts for between 15% and 30% of the total operating cost of the business and is often higher than this in service industries. Therefore if your business has costs of $1.0 million per annum then you could expect to find between $150,000...
by Russell Cummings | Aug 11, 2010 | Business Tips, People, Planning, Strategy
People: Some people want to change, others resist it. Its sometimes necessary to admit that some team members have become a liability. If such people form the major part of a team, the team is doomed for failure. For this process to work the teams must be formed by...
by Russell Cummings | Aug 9, 2010 | Business Tips, Process Improvement, Strategy
The 3 Stages are illustrated in the diagram below. Stage 1: Structure Most people are aware the first stage in a business improvement process is to get the business structure right. The right structure means the right customers, the right products, the right...
by Russell Cummings | Aug 8, 2010 | Business Tips, Finance, Marketing, Planning, Strategy
NEAT Analysis We have developed a simple methodology for looking at our marketing and business development options and have called it NEAT, which stands for: Number of Customers Efficiency % Average Sale $ Transaction frequency Now, N x E x A x T = Profit You can...
by Russell Cummings | Aug 7, 2010 | Business Tips, Marketing, Planning, Strategy
What is Marketing? Marketing is a term used to define a whole range of functions within a business and is expressed in a whole range of contexts. So exactly what is marketing? If we pare back the rhetoric, marketing is simply the strategies we employ to move our...
by Russell Cummings | Aug 6, 2010 | Business Tips, Marketing, People, Sales
For many businesses, the period of strong growth that has preceded the downturn, meant that sales skills and management did not get the attention that they deserved. As the economy slows, competition for scarce resources increases and sales are no back on the agenda...
