In most big businesses, there is a lot of effort put into
improvement efforts that shave cost, increase efficiency, improve quality, and
more. The efforts go by a variety of
names, from continuous improvement to TQM to Six Sigma, and the list of these initiatives
can get pretty long. The effort put into
these programs is often quite large in terms of both money and time. All of that investment wouldn’t be made if
there were no advantages to be gained by these initiatives, and the point is
that they are important, even critical, to the success of the businesses where
they are employed. These efforts help
reduce labor content, improve product life, make the workplace safer, improve
the customer experience, reduce inventory, and in general, make every single
aspect of the business a little bit better.
In small business, not so much. Instead, we tend to do what we’ve always
done. After all, why change what made us
successful up until now? Oh sure, we
might tweak our product or process here and there. We might invest in the latest machine or
computer to enhance our product or service.
But like so much else in the life of a small business owner, we struggle
to find the time or energy to get serious about long-term, sustainable
improvement in our business across its various operating functions.
Do you think this topic doesn’t apply to you? Then let me ask you, is your business
perfect? Do your customers always have
an incredibly good experience, with no complaints? Do you never have to replace a product, nor
re-do an installation, nor refund money?
Are your employees 100% productive during their working hours,
continuously producing value for your customers? Is your inventory completely current,
useable, saleable and accurate all the time?
Do your marketing programs generate a reasonable number of new leads
that keep your capacity at a high, even full level? And most importantly, are you as the owner
able to pay yourself what you deserve for creating and investing in the
business you proudly call your own?
I didn’t think so.
The truth is, no business, big or small, is that
perfect. They all have shortcomings, and
they can all be better. But we have to
work to make it so. The big business
folks understand this, and they understand that it takes an ongoing,
relentless, never-ending effort to truly achieve continuous
improvement. It can’t be an event, but
rather a process. It has to become a
part of the culture of the organization not only to seek improvement, but also
to make it long lasting, i.e. sustainable.
It takes a curiosity and a drive to constantly seek to make things
better. It takes a willingness to
change, and then change again, always looking for that next little edge.
Changes are all around us, and we hear all the time that the
pace of change is increasing. New
innovations occur at a faster pace than ever before. Technology is outdated before it is
outlived. And yet many small business
owners try to do things the way they’ve always done them, and then wonder why
the new competitor down the street is eating their lunch in the marketplace.
Think about employing a continuous improvement mentality in
your small business. If you don’t know
where to get started, look up a good business coach with a background in this
area. It is a process that I promise
will make your business better, your team more engaged, your customers happier,
and your checkbook larger.
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