Posts Tagged ‘business resources’
The Wrong Way To Do A Resource Audit
I will often say that there is no set formula for something: there is no one correct method. There are, however, plenty of incorrect ways to do things. Resource Audits are no exception. Here are some common mistakes made when performing a resource audit. Looking only at revenue Revenue is nothing but a number. Without its…
Read MoreHow I Work – Investing in Your Business
A company I was advising had big dreams for research & development. The management board however shared concerns about budget allocations and cannibalizing the well-functioning parts of the business. They didn’t want to risk under-funding their business for the sake of innovation. A thorough resource audit allowed us to re-assign small profits from various business…
Read MoreThe Right Way To Do A Resource Audit
In last week’s post we summarized some key internal resources a business must review and audit to effectively plan and get things done. The approach discussed works best for service businesses, which is what I tend to serve. Let’s broaden the scope this week and examine what goes into a resource audit for any type…
Read MoreWhy You Should Perform a Resource Audit
Your strategy may be well planned, with a list of tactics, milestones, and to dos. Or perhaps your preference is to follow opportunity as it arises and not make too many decisions upfront. In either case, how are you ensuring your time is spent on maximum productivity? Can you confirm that you are having the…
Read MoreStarting With Tools
Is there ever an end to new gadgets, software and new trendy methods being touted as the next great thing? Probably not. So you may as well get used to new fads being thrown your way all the time. If you try them all, you would get nothing else done. If you ignore them, you…
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