8 Leaks That Are Detrimental to Your Business Success

By: Howard Shore, Executive Coach at Activate Group, Inc. www.activategroupinc.com

Is your business running at peak performance?Have you identified where the potential leaks are in your business bucket? The first step toward increasing your business success is to accurately identify the “leaks” and to work toward patching the places where your profits are not fully being captured.

Is Your Business a Leaky Bucket?

Read more here: http://www.activategroupinc.com/2014/02/business-leaky-bucket/

Are these 8 “Leaks” undermining your Business Success?One of the first steps toward increasing your business success is to identify where your leaks are in your business.

Read More here: http://www.activategroupinc.com/2014/02/8-leaks-undermining-business-success/

What are the 8 Leaks?

Leaky Bucket #1 Are You Losing Productivity Due to Employees

Lack of Performance?

Are you making the right people decisions?You should never skimp on who you hire! “B” & “C” players perform at a lower level, are less productive and waste the most time and money in a company. Immediate action must be taken for employees that do not meet their requirements set for their position and should be replaced with “A” Players.Read More Here: http://www.activategroupinc.com/2014/03/are-you-losing-productivity-to-b-and-c-players/

Leaky Bucket #2 Is Poor Leadership Holding Your

Company Back?

What’s Really Holding Your Company Back?Only 30% of all workers could be said to be “Engaged Employees”. These people go above and beyond. But what about the other 70%? Research indicates that “leadership” is the primary difference. A poor leader destroys the work environment causing an employee to become unmotivated. Unmotivated employees put forth minimum work effort and the gap between full effort and minimum effort represents lost opportunity for your company. It is possible that you could double your profits just by focusing on improving employee engagement. Read More Here: http://www.activategroupinc.com/2014/03/is-poor-leadership-holding-your-company-back/

Leaky Bucket #3 Are You Too Focused on Tactics Instead of

Strategy?

Are You and Your Team Losing Focus?Are key priorities getting pushed back because short-term issues keep consuming everyone’s time? Are you confusing being busy with being productive? Great leaders challenge employees to find shorter paths to greatness. They question whether there are better ways to approach tasks. They question whether people have the right priorities and if there are too many to begin with.Read More Here: http://www.activategroupinc.com/2014/03/are-you-too-focused-on-tactics-instead-of-strategy/

Leaky Bucket #4Are Vacant Positions Affecting Business Performance?

Increase Performance By Hiring Good Employees!Vacant spots in your company could be preventing money from being made!When you hire valuable employees, they produce and save money for your company. The key is finding the right people to fill these vacant positions. Read More Here: http://www.activategroupinc.com/2014/03/are-vacant-positions-affecting-business-performance/

Leaky Bucket#5 Do You Have Retention Issues?

Finding employees is hard enough!

Keeping employees needs to be a core competency. Does your company run into retention issues? If so what have you done to address them?High retention issues normally is a result of a work environment cause by poor management and/or leadership.Read More: http://www.activategroupinc.com/2014/03/do-you-have-retention-issues/

Leaky Bucket #6 Is Your Business Strategy Causing Lost Opportunities?

Actions Do Speak Louder than Words!When you have a good strategy in place, regardless of how well the economy is doing, you should be able to grow greater than competitors! Does your business have an “unusual offering” that differentiates your product or services from your competitors? Does your share of market demonstrate your offering matters to your target customers?

Read More Here: http://www.activategroupinc.com/2014/03/is-your-business-strategy-causing-lost-opportunities/

Leaky Bucket #7Are Your Customer Attrition Rates Too High?

Focus On What You Have First!If you put more effort in KEEPING customers, how would that affect your growth? Would it make it easier to get customers? Does it take more work to replace a lost customer than it does to keep your existing customers? Do your annual priorities effectively focus on improving customer retention and do you measure their impact?Read More Here: http://www.activategroupinc.com/2014/03/are-your-customer-attrition-rates-too-high/

Leaky Bucket #8Do you know what mistakes are costing your business?

Some Mistakes Can Be Avoided!Unfortunately there is not a section on a financial statement to measure mistakes. Mistakes happen in every company, however, you can learn how to limit the amount of the mistakes that are made.

Start by answering this question: Do you know the the 5 to 7 key processes that drive your business?

Read More Here: http://www.activategroupinc.com/2014/03/do-you-know-what-mistakes-are-costing-your-business/

Contact us to learn more!

www.activategroupinc.com 1-877.692.6211