Checklist for Business Success

For many businesses, the weakened economy has created unprecedented pressure to cut costs, eliminate waste, and improve performance efficiencies. As a result, innovative and creative organizations have become models for working smarter.

Here’s my checklist of 8 initiatives for making 2012 your most successful year:

1. Clarify the mission, purpose, of the organization. It all starts here. If employees don’t understand why the organization exists, and more importantly how what each employee does aligns with why the organization exists, the rest doesn’t really matter.
2. Identify the competencies required to be successful in each job. No one works the same way they did three or four years ago. Take a fresh look at work processes to ensure recruitment, hiring, training, advancement and performance management systems are aligned with the individual characteristics required for success in each position. This includes knowledge, skills, abilities, self image, traits, mindsets, feelings and ways of thinking.
3. Maximize technology. Utilize the cloud, social media, and technological advancements to ensure maximization of efficiencies and elimination of duplication. Don’t overlook sophisticated tools available to streamline labor intensive processes so often found in departments such as HR. HRSmart is one example of an easy to-use technology that improves efficiencies while saving time and money. 
4. Embrace new work models. Employees today want flexibility to work where, when and how they want to. A recent study by CoreNet Global indicates that radical changes in technology and the way we work will require evolving to a landscape of flexible workplace strategies, including allowing employees to BYOT (bring their own technology), teleworking, and replacing cubicles with open, collaborative workspaces.
5. Prepare leaders for the future. Change is happening quickly and executives and managers are required to keep up with the pace. Embracing a leadership development program that couples learning with executive coaching allows individuals to personalize the learning while modifying their preferences related to things such as how they communicate, embrace differences, and model change acceptance.
6. Embrace sustainability. No matter what your business focus, there are ways to make a difference to three bottom lines: social, economic, and environmental. Although the concept of sustainability has become somewhat diluted by the overuse of the word, stay focused on the original intention – to meet present needs without compromising the ability of future generations to meet their needs. I’m sure you can find ways to make a positive impact.
7. Develop adaptability and flexibility. The reality is that continuous change is here to stay. Teach all your stakeholders how to embrace it and more so, how to look beyond the change and envision what will be required by the next wave. If you didn’t catch it earlier this month, read my article on Succeeding with Chaos.
8. Do your homework on global trends and forecasts. It’s impossible to always keep your finger on the pulse of such a dynamic globe. However, since our economies and financial systems are more entwined globally, it’s critical to stay aware of what’s going on around the world and operate in a fashion that understands the impacts of the "butterfly effect." The world is becoming smaller everyday and by the time you hear it on the evening news, or read it on Google News it’s too late. Position yourself for a view into the future to guide your change management strategies.

So What's Next?

So what’s on your list that I missed on mine? Perhaps you’ll take a moment to leave a comment and share it with us.

As a business owner, I’m sensing that businesses and government agencies are more interested in talking about change initiatives this year than the last two. That’s a good sign. We can’t get the economy growing again without businesses, especially small businesses, taking the initiative to make the necessary changes for the future. Yes, there is risk with taking action. However, the decision to do nothing also carries tremendous risk and could lead to extinction.

We’ve all got to do our homework when it comes to global trends and forecasts. Perhaps what I listed as #8 on my checklist should be #1. Checking in on the research and ideas of futurists such as Richard Worzel and others from time to time can be very helpful in aiding you to envision what the future might bring and to help prepare for the impact those changes will have on your business. Attending conferences, such as those presented by the World Future Society, to engage with thought-leaders offers a wonderful front row seat for a peek at what’s to come.

The world has and continues to change and so must we. My checklist is a mix of organization development and human resource management tasks to be considered in concert with each other. If you haven’t already done so, take stock of where your organization is on these eight actions I’m suggesting will make a difference in the success of your organization. Based on that assessment, organize your To Do List, getting buy-in from stakeholders. Where necessary, fill in resource gaps with outsourced expertise and get busy positioning your workplace for the future. It’s right around the corner.

As always, I welcome your comments to my posting. Please click below to share your thoughts. If you found this article interesting and helpful, I’m very happy for you to pass it along to others. Have a great week.

This article was written by Deborah A. King, SPHR, CEO and Sr. Organizational Effectiveness Consultant with Evolution Management, Inc. Debbie and her team are energized about changing times and can help your organization navigate the human and operational journeys to the future. Contact us for more information; www.evolutionmgt.com; 770.587.9032

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