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?
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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