As a business leader, you know there are obvious things that can kill your business. Not enough sales, not enough inventory, legal implications, etc. But what about the not so obvious? The silent killers? When those strike, it's even worse because you didn’t see them coming.
In this article, Jeff Pruitt talks about Why Goals Are Like Gold for Businesses. Having a lack of clearly defined and owned goals (an actual person tied to each goal and step) can have a direct effect to your company’s success.
We all know we need to have goals but only 10% of us actually write out our goals and even less than 10% actually execute and achieve our goals. So how does not having clearly defined and owned goals hinder your business from growing? Let’s take employees as an example. If your employees don’t know why they are doing their tasks, it just becomes a job to them and they have nothing to work towards. When your employees don’t have anything to work or push for, turnover becomes an issue. When turnover becomes an issue, your business can’t grow (or sometimes even just maintain) because you are spending countless hours recruiting and training new employees.
Setting the right goals simply state where your company is going and how it's going to get there. Crucial for any business to be, or continue to be successful.
Knowing how to set the right goals and how to execute them successfully is what Clarity Consulting does. We walk with you for 90 days giving you step by step guidance to ensure not only your goals are right and communicated, but that they are also achieved.
Sign up for a free Business Assessment today and see how we can help your business avoid this, and other silent killers.