TAKING ACTION: To do something. To act in order to get a particular result. (Source: Merriam Webster)
The one step most business owners miss when implementing new or upgraded systems and processes … Why? Because this is where the bulk of the work needs to happen and many business owners are too busy and time-poor to take proper action.
That’s where you will have to make a decision: Do it yourself and commit the time, or engage an expert to help you take action quickly so you see the results in a more timely fashion.
After you have conducted your review and evaluation, and have a plan in place, the next step is to activate the plan. This involves taking the information you have learned from the first steps and taking some much-needed action.
The action you take consists of streamlining and implementing your processes, as well as starting to develop new systems in areas of the business that are falling down.
As you build your new systems, each business function should be carefully organised. Remember that employees may come and go, but your systems will remain the same. Therefore, the actions you take should add value to the business for you, your team, and clients.
Mistakes when taking action
Business owners often make 3 common mistakes when taking action on their business process review and evaluation. Don’t fall into the same trap!
- The first mistake business owners make is having the wrong mindset when looking at their current systems. So often, they have the mindset of a system upgrade being just another cost when it should be viewed as an investment. By paying upfront for the most suitable system upgrade, you could be opening yourself up to more sales later and, in so doing, freeing up more time to obtain more leads. In addition, you aren’t doing everything yourself!
- The second error is using incorrect metrics in your strategic planning. For example, you look at leads and not sales, or sales and not profit. Always aim to use the correct data in your analyses so that you can accurately identify your business and target market needs. This enables you to see the missing links or gaps and move to the next level.
- A third and rather important mistake is neglecting to take the warning signs seriously. These warning signs could be evidence that your processes are not working and are unnecessarily duplicating data or tasks.
Of course, every business owner makes mistakes! Mistakes, in themselves, are not necessarily the problem, since it is how you learn from these mistakes that is important.
If you are able to analyse the errors you have made and find a better way of doing things going forward, your mindset will change and an improvement in processes, workflow, and efficiency will occur. On the flip side, not being willing to evaluate your mistakes will result in a stagnant mindset and a lack of growth for your business.
4 main problems that will stop your business in its tracks
Did you know that when you continually make these mistakes (either knowingly or unknowingly), you inevitably end up with 4 major problems in your business?
- You will be stressed and feel overwhelmed with what needs to be done in order to be successful.
- You will have no time to grow your company and be too busy to take it to the next level.
- No return on your investment as you do not have streamlined processes and operational efficiency.
- Feel fearful of the future because, deep down inside, you know that what you are currently doing is not working.
Don’t let it get to this point! By scheduling your own REAVA process review, you can have peace of mind that the future of your company will be a bright one.
We can help you to conduct evaluations on a monthly, quarterly, or bi-annual basis and provide reviews, audits, and personalised service using our proven REAVA method.
If you need help, please get in touch here.
Join our free weekly Online Coworking Sessions
Meanwhile, it’s official! Our Online Coworking Session is no longer a COVID-19 event, it’s a regular weekly event for business owners who need time to work on their businesses to implement their systems and processes.
To begin with, this was a short-term free offering to help business owners get through COVID, but now it is a long-term commitment to our followers and you’re welcome to join us.
We meet weekly, on Thursday afternoons at 1 pm (AEST), and each week we discuss a particular topic and then work on that area of the business. If you would like to join us, it’s free and easy: Just click here and sign up.