Employee Development Begins With Providing Expert Training For Everyone
Dale S. Richards
Expert Bus. Valuator, 30 Yr. CEO Mentor; World Speaker; Author: Value Principles -Increase Value 2x - 5X
How Important is an?Employee Management Strategy to your Business?
Your employees expect up-to-date information and timely training.?When you create a working environment that is open, flexible to different learning styles, and equipped for change, employee satisfaction increases and helps you to retain those valuable professionals.?
Over the next ten weeks,?I would like to introduce you to my Top 10 Ways Video Course training.?I will break out each of the Top 10 sections, and give an overview of what that training can mean to you and your team.
?This week We will Go Over Step One: Performance Dashboards
Before we begin, I want you to know that when it comes to training - one size does not fit all. I Understand that. I have created a method to deliver online training to fit all levels of your team.?Training is a vital step in building a beneficial?employee management strategy. It isn't all about HR finding the training. Executives should also have an equal say in what training matters most to them.
1. Company Financial Performance Dashboards
2. Productivity Pyramid?: Goals-Coaching-Accountability-Rewards
3. 80/20 – Customer Gold Program?
4. Why do Customer Buy – Build Brand
5. Rifle vs. Shotgun Marketing? approach
6. Systems – Processes
7. Reoccurring or Recurring Revenue
8. Know Your Competition – Market and Value Advantage
9. Optimize Product Pricing/Profits
10. Remove Product & Employee Dead Wood – Increase Margins & Profits
Let's get started (Blog 1 of 10)
Performance Dashboards
One of the secrets to improved company productivity is Key Performance Indicators (KPIs) that use GRAPHS instead of tables of numbers. If a company’s historical performance is graphed over two years then it is much easier to see trends and results. It also makes a forward-year projection much easier to complete. GRAPHS are magical compared to tables of data.
In my training course, we will go over a number of dashboard topics. A typical financial performance dashboard could include the following elements:
? Revenue
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? Cost of Goods or Services Sold (CofGS)
? Gross Margin (GM) or Gross Profit (GP)
? Contribution Margin (CM) (GM minus variable expenses not part of CofGS)
? Break-Even (Overhead Free Day)
? Accounts Receivable (A/R)
? Accounts Payable (A/P)
? Cash Flow
? Valuation (every 2-4 years)
? Productivity Indexes:
– Revenue / Full Time Employee Count (FTE)
– Gross Margin (GM) / FTE
– Contribution Margin (CM) / FTE
– Net Income (NI) / FTE
Answer?to the question "WHY" Real-World Examples using Dashboards Optimization
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My Knowledge is Power Manual contains similar information as the video course (including graphics), for those who want to augment their training, and/or for quick reference work.
Do you want to achieve 2X-5X revenue, profits and value? I have applied the top 10 ways to achieve this for more than 40 years in over 150 companies with great success and satisfaction. I believe this training is good for you and your staff, at all levels.
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ABOUT DALE S. RICHARDS:
Dale S. Richards specializes in management, marketing, operation optimization & business valuation consulting and is a 30+ year turnaround expert.?He has implemented success concepts into results in 150+ companies. Dale is a Certified Valuation Analyst (CVA) with NACVA, Eight-Year Vistage Chair & International Speaker.?Visit www.successbiznow.com to learn more about Dale.
Expert Bus. Valuator, 30 Yr. CEO Mentor; World Speaker; Author: Value Principles -Increase Value 2x - 5X
2 年Thanks Ted The 10 methods outlined in the courses have successfully been applied in 150+ companies to achieve 2X-5X increase in revenue, profits and value. Have a great Spring
Chief Financial Officer I Chief Operating Officer I Dynamic Financial Executive | Board Member | Financial Transformation | Entrepreneur l Private Equity I Accounting | Results Driven | Partner to Sales & Operations
2 年Looks good Dale!