18 October 2016

Start your Engines! By Tina Zawila.


I know Bathurst is done and dusted for another year, and I have to confess I know next to nothing about car racing, but my article this week isn’t really about fast cars. 

As business advisors we often talk about setting goals and targets, knowing your key performance indicators (KPIs), measuring your results and all that other seemingly “boring accounting” stuff that you are supposed to do to make your business run like a well-tuned V8 engine.  Well have you thought about how you can make that stuff FUN?

At Sothertons, we share our goals and targets with our team, report our results to them on a quarterly basis and regularly get them involved in strategic decisions.  After all, they have a vested interest in our business and they are integral to our success! 

Recently, we had a team meeting to discuss our targets for the December 2016 quarter and we identified the KPIs we need to track to measure our success.  We  then came up with an idea on how to keep us focused on our quarterly goal over then next 90 days and how we can make it fun.

One of our goals this quarter is to connect with, and help as many start-up and growing businesses as we can. So with that aim in mind we came up with a theme of “Start Your Engines” and we have decorated the office and our work spaces with racing cars.  It does liven up our office space, and I know a couple of clients have looked twice as they have walked through the office.  But this bit of fun, actually reminds us everyday of our quarterly goal and keeps us focused on what we need to do to work towards achieving our target.  At the end of the quarter, once we have achieved our goal we will celebrate together.

So how do you get your team involved in your targets and goals?
How do you stay focused?
How can you make it fun?

If you need help with setting goals and targets for your business, call the professional team at Sothertons Gladstone.  If you are a start up or growing business we would love to talk to you! Call us today on 4972 1300.

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