The Business Need
- As businesses grow, there is a need to transition from a "fire-fighting" mentality into a planning mode in order to successfully execute on increasing customer requirements.
The Business Stages
- Typically this evolution is triggered by the reaching of a major milestone such as receiving product approval, landing a big client, or becoming profitable.
- Changing a company's mode of operation involves strong communication and implementation of focused People Practices and programs.
- Companies can continue to operate in fire-fighting mode however business success will eventually level off if People Practices are not put in place to facilitate company progress and growth.
- Implementing these People Practices also allows you to anticipate and avoid the people challenges that arise in companies as they grow.
Your workforce is ~50-70% of your operating costs . . . maximizing your employee productivity must be a #1 business objective.