Most SMEs do not measure how they are doing because in most cases they do not know what to measure.
Having a strategy helps you to understand how your company is doing. A good strategy can inform the following areas and help you perform better as an organization by guiding the actions you take and the results you should expect.
1. Are you achieving your vision and mission?
2. Are you achieving your key objectives?
3. How do you bridge the current situation and the ideal future state?
If you do not have a clear answer to these questions, join the Strategy conversation at a Profit Network Chapter near you. See flier below for details or contact us directly.
Looking forward to bumping into you at a chapter meeting! Until then remember what you treasure you measure and you can only improve on what you measure.
To Your Thriving!