8 factors_sf small biz conference workshop

60

Upload: 8factors

Post on 18-Jul-2015

109 views

Category:

Business


3 download

TRANSCRIPT

2

y o u r v is io n

3

It should spring you out ofbed in the morning.

4

It must inspire your team.

5

It is bold and compelling.

66

7

It is measurable and will be achieved.

8

y o u r v a lu e s

9

They are an extension of the corevalues of the founders/leaders.

10

They are used to make yourtoughest decisions.

11

Things that I Value :

Honesty (cash register and goal setting)

Willingness to change

Listening

Constructive Conflict

Pursuit of Perfection

Diversity (everyone can be themselves)

1212

1313

1414

1515

1616

1717

1818

1919

2020

2121

2222

2323

24

o p e r a t in g d is c ip l in e s

25

o p e r a t io n ale x c e l le n c e

❡ Obsessed with eliminating waste

❡ Offer the lowest prices possible

❡ Leverage economies of scale

❡ Focus on the total supply chain

26

P R O D U CTL E A D E R SH IP

Innovative and arrogant, tell customers what they wantRisk takersCharge a premium, must fund Research and DevelopmentDeliver "Wow" products

27

C U S T OM E RIN T IM A CY

No scope of workDo-ersObsessed with doing more and more for the customerPursue "Customer Loyalty"Charge a premium

28

S E R V IC EL E A D E R SH IP

Look to deliver Ordinary things in an Extraordinary wayObsessed with “wow”Look to surprise the customer, inoculate them against the substitution/competition diseaseService is not a billable feature

29

g r o w t h o p p o r t u n it ie s

30

Segment yourcustomers.

❡ Values

❡ Ages

❡ Gender

❡ Income Levels

❡ Spending Habits

❡ Spending Decisions

31

Look at currentrelationships.

❡ Suppliers

❡ Employees

❡ Outsource vs Insource

❡ Partnerships

❡ Use of Technology

32

Embracetruths aboutyour customers.

❡ Some customers are more profitable than others.

❡ It is ok to treat them differently.

❡ Beware of "new" vs "old".

33

f o r c e s

3434

3535

36

G r e a t S t r a t e g y+

w e a k p e o p le=

w e a k b u s in e s s

37

S t r o n g p e o p le+

p o o r s t r a t e g y=

g o o d c h a n c e o f w in n in g

38

M A N A G IN GYO U R P E O P L E

Hire slowlyDevelopReward and RecognizeGive feedbackFire quickly

3939

40

Culture is “how it feels to work here”.

41

U T IL IZ INGC U L T U RE

Secret WeaponTurnover is lowPeople give more than 100%People recommend friendsRecruiting is easy & inexpensivePeople don't have a job

4242

4343

4444

4545

4646

4747

4848

49

y o u r s t r u c t u r em u s t s u p p o r t t h e

o t h e r s e v e n f a c t o r s .

5050

51

M is s ion 1 Be who you are.

52

c a s h 2 Face your fears.

53

s t r a t e gy 3

You don’t needan MBA to do it.

54

p e o p le 4

Treat them better than you treat

yourself.

55

c u l t u r e 5

Create the environment your

8 Factors need.

56

p r o c e s se s 6

The profit is inthe details.

57

s t r u c t u re 7

Be where youneed to be.

58

le a d e r s hip 8 Listen at +2.

5959

Thank you.