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When you run a small business, there are TONS OF REASONS for insomnia.
MONEY
Do I have enough money to make payroll?
of operating expenses for a small business is SALARIES.
40-60%
PEOPLE
Is my team working on the right things?
3 5
OUT OF
Employees at 3 out of every 5 companies rated their organization WEAK AT EXECUTION because they are unable to translate strategy into day-to-day action, according to the Harvard Business Review.
EXECUTION
Can I execute on my strategy?
According to a Harvard Business Review study, companies only realize 63% of a strategys full value because of POOR PERFORMANCE.
Where does the other 37% go? Not into revenue or profit.
37%
WHY WORRY?
productivity of work is not the The responsibility of the worker but of the manager.
PETER DRUCKER
It adds up!
GOALS
Align your workforce with your strategy.
40% INCREASE TO A P U
$100,000 TO $140,000.
TURNOVER %
10%
15.2% DECREASE
9%
8%
SAVE
150,000!
EMPLOYEES
7%
40
34
BEFORE BIZX
45%.
STRATEGY
Run your business better starting now.
Companies that close the gap between strategy and performance see the results on the bottom line with an average of 1% OF REVENUE ADDED BACK TO PROFIT.
$600,000 IN PROFIT!
SLEEP BETTER.
SUCCESSFACTORS BUSINESS EXECUTION SOFTWARE HELPS SMALL AND MIDSIZE BUSINESSES SEE THEIR PEOPLE DIFFERENTLY AND THAT CHANGES EVERYTHING.
Call 1-800-809-9920 or email smbsales@successfactors.com for more information about SME solutions. Reference SLEEPBETTER and receive two months free if you purchase the Perform & Reward Bundle (Performance & Goals + Compensation). Youll sleep better at night knowing you saved the company money.
SOURCES
SuccessFactors.com http://www.successfactors.com/rox/ http://www.successfactors.com/resources/download/sfrox-investing-in-execution-pays-dividends/ Michael C. Mankins and Richard Steele. Turning Great Strategy Into Great Performance. Harvard Business Review. JulyAugust 2005. U.S. Small Business Office of Advocacy Small Business Administration National Federation of Independent Business National Small Business Association 2011 End-of-Year Report SHRM.org http://hbr.org/2008/06/the-secrets-to-successfulstrategy-execution/ar/1 http://www.businessreviewusa.com/business_leaders/ how-much-time-and-money-are-we-wasting-at-work http://boss.blogs.nytimes.com/2011/01/05/top-10reasons-small-businesses-fail/ http://www.drjohnsullivan.com/articles-mainmenu27/articles/hr-metrics-mainmenu-31/527-cost-of-abad-hire http://www.apa.org/practice/programs/workplace/phwpfact-sheet.pdf http://www.brainyquote.com/