YOUTHPRENEUR>> Tips for build­ing a strong busi­ness op­er­a­tions

Daily Trust - - BIZWIZ -

When you ask en­trepreneurs what they feel are the im­por­tant when it comes to build­ing solid op­er­a­tions, you will get nu­mer­ous an­swers de­pend­ing on the types of busi­ness but op­er­a­tions are the pro­cesses and resources used to ef­fi­ciently pro­duce prod­ucts or ser­vices, and must busi­nesses must prac­tice th­ese 12 steps for their over­all suc­cess. Set your team ex­pec­ta­tions Bring all man­agers for a big meet­ing pe­ri­od­i­cally to dis­cuss each depart­ment and their ac­com­plish­ments and chal­lenges. It is also a time for other de­part­ments to give feed­back to man­age­ment. At the end of th­ese meet­ings, ev­ery­one leaves with fol­low-up tasks. Man­age your firm with­out ego Solid op­er­a­tions come from man­age­ment who can ad­mit when their sys­tems are fail­ing and are will­ing to change to im­prove. Have a clear process Hav­ing a clear process that ev­ery team mem­ber un­der­stands is ex­tremely im­por­tant. This im­proves ef­fi­ciency and re­duces the chance of fum­bling in­for­ma­tion and hav­ing things slip through the cracks. Cre­ate and hir­ing trust­wor­thy staff You have to start at the very base of your busi­ness in or­der to build a suc­cess­ful en­ter­prise from it. En­sur­ing you have a solid team de­ter­mines the suc­cess of the busi­ness be­cause the first cou­ple of peo­ple hired in a new busi­ness is seen as mem­bers of the fam­ily and as such must share the goal, am­bi­tion and drive of the busi­ness. So­licit feed­back from your team It is im­por­tant to gather feed­back from your team of­ten to make sure you’re ad­dress­ing in­ef­fi­cien­cies and con­stantly im­prov­ing as you grow. Keep every­thing trans­par­ent Cross-checks, so­cial col­lab­o­ra­tion tools and break­ing down si­los are all ways to en­sure that each op­er­a­tion is op­ti­mal. Across lev­els and de­part­ments, op­er­a­tions should be com­mu­ni­cated, tested and ap­proved.

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