policies

mistakes

Are You a Mistakes Repeat Offender?

Leave a Comment / Culture, Featured, Must Read Blogs, Operations, Small Business / By / / , , , , , , , , ,

Everyone makes mistakes – we are human after all.  But, are you a repeat offender?  Do you even recognize you’ve made a mistake?  Are you constantly doing damage control?

Deep breath – you aren’t alone.

Here are some tips and guidelines to help you reduce the number of mistakes you are making, what to do when you make them, and how to prevent them from happing again.

  1. OWN YOUR MISTAKES. The worst thing you can do after making a mistake is not owning it. No one is perfect, people inherently know that although let’s be honest we often expect it. So when you make a mistake don’t try to cover it up, acknowledge it, apologize for it, and skip the part where you make excuses or try to blame it on someone else. When you aren’t an “oops owner” it shows you can’t take accountability for your actions, and it just makes things awkward for everyone involved. Be a LEADER and OWN it!
  2. FIND OUT THE ROOT CAUSE. If you work in manufacturing, root cause analysis is a term you probably hear all the time, but it can apply to anyone and any industry. Root cause analysis is finding out WHY the mistake happened in the first place so you can prevent it from happening again. Was it caused by operator/human error, a bad process or procedure, poor communication, etc.? If you don’t know what caused the mistake, then how can you make sure it won’t happen again?
  3. CREATE NEW POLICIES OR PROCEDURES. If you’ve determined that the error is due to poor or incomplete policies or procedures, then it’s time to do some updating. Whether you need to create a new process or update the ones you already have in place, it’s important to document any change that needs to be made.
  4. You’d be surprised how many times there are mistakes or issues because of poor communication. Once you’ve handled the above 3 steps, it’s important to communicate to everyone what the issue was and how it’s going to be fixed. It shows your employees, board members, clients, etc. that you care about preventing the same mistakes from happening again.

If you make a mistake, don’t freak out. Take a deep breath and figure out if you need to take any immediate steps to fix any urgent issues or fall out. Always make sure you acknowledge you made a mistake and that you will do your best to fix it. If it requires getting others involved, don’t be embarrassed – they are human too – and can often have an outsider’s perspective on why it happened or how to avoid it happening again!

The end goal – one and done and no repeat offenders.

Are You a Mistakes Repeat Offender? Read More »

10 reasons businesses fail

Leave a Comment / Must Read Blogs, Operations, Uncategorized / By / / , , , , , , , , , , , , , ,

I’ve owned a few businesses in my day. Some have failed, some have been (and are) successful.

The failing part sucks – no doubt about it. You never enter a business thinking it’s going to not be there in a year or two – kind of like a marriage.  But it happens.

Here’s what I’ve learned from my own failed ventures and from the myriad of business owners I’ve worked with over the years.

  1. Business Partners. When they work it’s beautiful. When they don’t, it can be an ugly divorce in the making.  Just like a marriage, you need a partner who has the same core values, the same vision, yet you need to complement each other.  There must be trust, transparency, and all partners need to be on the same page when it comes to running the business.  Have a partnership agreement that details who is doing what and how everyone is getting compensated.  Trust me on this one.  Many businesses fail because the partnerships fail.
  2. Capital. You need money to survive.  Cash is still King.  If you are thinking of going out on your own, you need to have cash in the bank for at least a year and/or some VC money to infuse into the business.  Without capital, it’s hard to grow.
  3. 3 P’s. Policies, Process & Procedures.  You can’t wing it.  Have a process. Adjust as needed.
  4. Cabinet. Lawyer, Accountant, Tax Advisor & Insurance Broker.  Don’t ever skimp on these – Ever.  Don’t think DIY is a smart idea – it never is.
  5. Clear WHY. You have to be crystal clear on your vision – your WHY. What are you bringing to the market? Why should someone buy from you?  What is your unique value prop?
  6. It has to be a viable business. Not all great ideas are viable businesses. Do the market research and test.
  7. The need for perfection. Go to market. It will never be perfect.  Do 1-6 – that’s just smart business, but go to market even if things aren’t perfect.  Your website doesn’t have to be the grand vision you have – it can be 1 page.  You don’t need a staff of 100 – start with 1, etc.
  8. Hire the RIGHT people. They need to fit into your culture and see your vision. Resumes and skills are second to their core values.
  9. You need to change with the market.  Innovate or die.
  10. Ethical. Now you’ll say there are a ton of unethical business owners who are making millions.  True, but they won’t survive the long haul.  Besides, do you really want to be that person?  Do the right thing.  Karma is real.

My first business failed miserably and cost me dearly.  The reason was #1, #4, and #10 (on my partners’ end).  It was a mess.   If you are thinking about heading out on your own. Call me first – I can save you a ton of headaches!

Cheers to us Entrepreneurs!

10 reasons businesses fail Read More »

The one thing your business MUST have – but many go without…

Leave a Comment / Featured, Must Read Blogs, Operations, Uncategorized / By / / , , , , , , , , , , ,

You guessed it…Ah, the humble employee handbook — How little it’s appreciated. I’m often surprised when I begin working with a company and I ask to see their employee handbook and I get the “Yea, it’s on our to-do list – we are a small company though so it doesn’t really matter…..does it?”

It does.

Forget the obvious – you don’t have PTO days or holidays structured and in writing, there’s no written policy in case of harassment issues, or what the lay of the land is if an employee should leave or break a rule (that may or may not be written in stone).

Many companies that have an employee handbook, updated by HR every three years, given out in the introduction pack for new starters, and seldom referred to again, it leads a small and solitary life — It doesn’t have to be this way.

Used well, the employee handbook can become a vital resource for the way your business does things. Imagine having a living, breathing document that:

• Lays out reasonable, agreed upon policies in an easy to understand way.
• Shares the best ways to work to keep everyone productive.
• Has hints and tips on best practice.
• Keeps everything clear and consistent across your business.

That sounds pretty great, right?

And….you don’t have one. It’s o.k. we aren’t here to judge (not really) – we’re here to help you get started!

So, how do you go about creating this wondrous thing? Glad you asked…

Involve everyone in creating and rewriting the employee handbook. The best way to get people to care about your employee handbook is to involve them in writing it. Ask your employees about what they want it to cover, get feedback on your policies, put together a focus group. Let your teams know it’s a way to get invested in how they work day to day — They can have a direct impact on doing things better.

Talk through and get feedback on your business policies and procedures. Your policies and procedures impact everyone in your business. Encourage your employees to discuss and suggest improvements. That will encourage them to read through and understand your procedures and policies and help them feel accountable for any changes.

Make your employee handbook easily accessible to everyone. Save the trees! If you print out your handbook, it will just end up in the back of a desk drawer, gathering dust. Put your handbook online, on your intranet or a private website. Make sure it’s properly hyperlinked, has access to other resources and is easily searchable. Include a direct link to it on the front page of your intranet. Make sure that all of the language in the handbook is easy to understand and avoid jargon.

Ensure it’s about more than just policies and procedures. The best way to get people to use the staff handbook is to make it useful. Rather than just being about how you do things, how about having links to online training, best practices, explainer videos, or discussion groups? Make the handbook itself interactive — Get people to share their experiences and successes.

Regularly reference your handbook in communications. When you send out emails and other communications to your teams, reference the staff handbook. Highlight it as the central resource for your employees to source their information. Make people rely on it, and it will become their go to.

Your employee handbook is one of the best ways to influence your employees and encourage them to work better. When you use plain language, involve them in writing it, discuss policies and procedures, and make it truly useful, it’s better for everyone.

Oh, and yes we still believe employees should sign something that says “Hey, I read the handbook”. It might come in handy one day.

The one thing your business MUST have – but many go without… Read More »