What Are The Drivers of Your Business?

Inside any business there are key drivers and levers and it is very easy, when things are going well, to ignore these.  Likewise when things are going badly, it is easy to fixate on the things that are screaming for attention - perhaps cash flow or stocks or maybe it’s a staff issue.

One of the best disciplines for a business is to do a regular check-in on your business. Give it an audit; a health check if you like. Health checks can cover all aspects of the business and very often these are portrayed in a dashboard where you get to see key elements such as: Are we getting enough leads in? What is the internal happiness score for our team? What is the external happiness score for our customers? How is our cashflow situation, our bank balance, our sales?

Every business has its own drivers. Some are common across teams and across companies; others are unique and specialized. Within your business do you do regular health checks? Could you state how healthy your business is right now? Would you know how to fix it if you did identify that something is not as good as it should be?

This is where specialists can help, in terms of your accountants or lawyers or your bankers; HR professionals, trainers: all these people can help bring their expertise to come and do a health check for you. Just like your own personal health, you're not expected to know everything about yourself and go to a doctor when you want to get a full health check. Likewise with your business surround yourself with professionals who know their stuff and can help you ensure that your business stays healthy, productive and is a great place to work.

Here’s to your success!