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Tips & Tools for Small to Mid-Sized Business Owners & Leaders
February 2024
The Inspire Results newsletter is published monthly
 
Your Small Business Requires Different Levels
Small business owners might be surprised to know that a small business requires different levels. Layers aren’t just for large corporations. While a flat organization can reduce costs associated with excess layers and foster coordination between you and employees, the benefits of having people assigned to different levels outweigh the benefits of a flat structure.

The question is not whether small business requires different levels but how many job levels does it require?

Work complexity and task time horizon dictate the need for levels

Intriguing work by Elliott Jaques showed that for a business to be successful, it must have people assigned to and working at every complexity level. He showed that in any business, all work can be categorized according to complexity, which he defined as 1) the number of variables, 2) the number of unanticipated difficulties and 3) the time horizon required for the work.

We developed a chart of Task Complexity Levels to show exactly how to assign levels in your small business.

While Jaques’ model divided the large corporation into 7 levels, our model for small business suggests 5 or fewer depending on your company’s size and type of work.

Read the full article here.
Upcoming Events
 
Growth Plan Workshop

March 14, 2024
Renaissance Indianapolis North
11925 N. Meridian Street Carmel, IN


9:30 am - 4 pm

"Coffee and Connect" 9 - 9:30 am
"Cocktail and Connect" 4 pm to ?

Discover the potential in your business by completing your Single Sheet Business Plan. 

Then break it into quarterly, monthly, weekly & daily goals and get a line-of-sight from your daily tasks to your 10-30 year purpose. 


Step out of the day-to-day for just 1 day, get organized, complete a prescribed planning process, and walk away with an action plan that leads to greater profits and free time back.


For owners & leaders of small to medium sized businesses. Bring your 2nd-in-command or your whole leadership team!

*Registration Required
 
 
 
Help business owners who need us, find us.
Connect us and get $1k!
Make an e-intro to Brad@InspireResults.com with the biz owner's name, company name, & email address. We'll do the rest.  If they become an Inspire Results client, we'll give you $1k!

 
Helpful Links

Overview of BLS Statistics on Pay and Benefits
https://www.bls.gov/bls/wages.htm

Indiana Unemployment Rate

United States Economy at a Glance (bls.gov)

Employment Cost Index
Employment Cost Index - 2023 Q02 Results (bls.gov)

Indiana Business Resources
IN.gov | The Official Website of the State of Indiana

Worker's Compensation Board of Indiana (includes PPI Guide & Calculation sheet)
WCB: Employers (in.gov)
 
"There is a point of complexity beyond which a business is no longer manageable " - Peter Drucker
 
317-908-5809 | InspireResults.com
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Inspire Results, 6521 E. Rolling Valley Ct., Mooresville, IN 46158, United States
 

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