Tips and Tools for Small Business Leaders July 2020
Scaling Up with Verne Harnish to Increase Your Capacity
Business owners are often the head of everything. If we drew your org chart, your name would be in the top center box and it would probably also be in most every box in the next row of positions underneath:
Sales and Marketing Manager
CFO
Operations Manager
Head
of Information Technology
HR Manager
Scaling Up your capacity to match your complexity Growth is great but it produces complexity. When your business is small you have a small number of functions. But as it grows you need more and specialized functions… from HR to product development to financial reporting to more managers, more staff, more suppliers and on and on. Every small business will hit this critical point of complexity eventually. The rules change and what worked before won’t work forever. Verne Harnish quantified it. In his book, Scaling Up, he says the rule of thumb is that when growth doubles, complexity increases 12 times!Growing from 3 to 4 employees produces a 33% increase in personnel but a 400% increase in complexity! As a small business grows it’ll inevitably meet a complexity bottleneck. In Scaling Up Verne Harnish insures
your capacity increases as complexity increases
Click here to read
one business owner’s story. Also get some quick advice about how to deal with this explosion of complexity and insure your capacity increases as your complexity increases.
Upcoming Events
Meet the Inspire Results Business Coaches: Brad Justus, Business Coach, Roger Engelau, Certified Business Coach & CEO, Natalie Menke, Business Coach, Chad Blacklock, Business Coach
Growth Plan Workshop
We held a safe and socially-distanced June 25 Growth Plan Workshop to rave reviews (especially the taco bar)!
Join Us at the next Growth Plan Workshop to Update or Create Your Small Business Plan
September 24, 2020 9-3 pm
Discover the potential in your business by completing a 1-Page Strategic Plan. Then break it into
quarterly, monthly, weekly,& daily goals, getting a line-of-sight from daily tasks to your 10-30 year purpose. Step out of the day-to-day business 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. Get more out of your business in the next 90 days than you ever thought possible!
Holiday Inn Indianapolis Airport 8555 Stansted Road, Indianapolis 46241
For owners & leaders of small to medium sized businesses. Bring your 2nd-in-command or your whole leadership team!
Join our "BACK TO BUSINESS ROUNDTABLE"
Virtual Meeting
Join the Inspire Results business coaches…for our Friday morning Back to Business Roundtable.
We’ll kick it off with a 15 minute presentation on the most up-to-date issues. Then we open it up so business owners can seek advice from one of our Inspire Results business coaches or like minded business owners.
Back to Business Roundtable's occur every other Friday from 9-10 a.m. EST.
Submit this form or EmailKena for the link to join our next meeting.
Click here to hear our founder talk about how your
small business could benefit from business coaching.
“The most successful business leaders have a clear vision and the disciplines (routines) to make it a reality.”- Verne Harnish
