Practice Routines for Improving Operational Efficiency and Productivity

Making the connection between increasing sales and more cash in the bank account is easy. However surplus funds are not derived from sales alone. They come from the difference between sales revenue and the expenditures made to sustain those sales.

So reducing expenditures by increasing operational efficiency and productivity are equally important. In fact they’re probably more important, because high productivity and efficiency contribute to greater pricing flexibility, an important element in supporting and sustaining sales revenue. It’s what defines competitiveness.

Fundamental ideas uniquely relevant to “small” businesses are brought to the forefront in this module of six thought and practice sessions. Each session focuses attention on exploring the why and how of integrating each such idea into operational planning.

Session 1: Holistic management is the model for small businesses. How do you go about planning and implementing a holistic management approach?
Session 2: Core function analysis is a way to improve productivity in a small business. How do you apply this as a basic business strategy?
Session 3: Opportunities to enhance employee productivity dramatically distinguishes the small business environment from that of large businesses. What are strategies for achieving such results?
Sessions 4, 5, and 6: Small businesses can create beneficial people relationships impossible in any large business. Applying such opportunities across a broad spectrum reveals new ways to improve small business operations. One of these, collaboratives, is the most important in influencing the way small business development will occur into the future. Much creative thought is needed to best exploit this new route to small business success.What are all these possibilities?

Our unique online group learning approach provides a sounding board to help ensure confidence that proposed experiments in productivity and efficiency improvements are well worth pursuing.