Learning from the Classroom
Byline: jon cooper
Like many, my son was on his halfterm break this week; he came home with a small award for his achievements and hung his blazer up for a few days.
As I've watched him grow and learn, I've been thinking about how many businesses would function better if we adopted some of the systems and processes we enjoyed in our schooldays.
For instance: 1) Curriculum. This is your business plan, something you set out in writing at least annually. It should contain specific, time-sensitive goals and measurable targets.
2) Timetable. The only way a school can function is by everyone knowing what they are doing and when. Plan your work schedules in advance and start and leave consistently at prearranged times, to keep your work-life balance on track.
3) Exams. Test your business progress regularly against your targets.
Did you sell enough? Did you meet cash-flow and profitability projections? Equally, are there exams or courses which you or your team should take to improve your knowledge and industry competitiveness? 4) Terms. Punctuate your business year into easily-measurable units. There is nothing like an end-of month target to get your sales department fired up.
5) Awards. …