Simplicity is efficient and productive. Many companies tend to complicate their lives with a structured way of working that is too complex, unrealistic, and, above all, rigid and expensive. A small organization cannot compete with the potential of a large one. Still, you can try to see how to improve a business, making things easy and adding dynamism to its entire operations.
How can you improve your business?
Companies are indeed living entities that work in a changing and complicated environment. They must successfully manage multiple aspects of their activity: sales, costs, administration, or financing; to achieve a sustainable balance. But there is one of the keys: the simple must be born from the complex. The key principle to improve a business is to integrate all the complexities and gradually eliminate layers until you can adapt simpler, direct, and efficient solutions.
We show you 18 ideas that currently guide business management and serve as a guide to know how to improve your business. Based on the fact that the greatest achievement is to better understand the world around us and know what we can contribute.
- Continuous personal learning
It’s key. Question the current arguments, train in new skills, and learn from everything: management, innovation, leadership, or marketing. The goal is to gain knowledge and experience.
2. Open vision
Maintain an open vision to interpret current events and changes, and adapt useful solutions with the available means without complicating things.
3. Eliminate the unsubstantial
Gain more speed in processes, better manage time, make work more flexible and reduce organizational rigidities.
4. Perfection in simplicity
Move towards a simple and effective product: usefulness, reliability, price, and speed of service
5. Improve communication
Improve communication and customer service without artifice or redundancy. At Circulates, we believe that clarity and transparency end up triumphing.
6. Understand customers
Your tastes and preferences are what counts, and your insight and feedback on the product are the most valuable information. You have to cultivate empathy and apply yourself to meeting their expectations.
7. Improve asset management
Have the resources to act. Seek varied solutions to have accessible and practical liquidity channels. Better managing assets is key to gaining agility and solvency.
8. Change of mindset
The traditional corporate culture has become obsolete; now, more open thinking is imposed on business vision and work models. It is necessary to broaden horizons and be an observer, in tastes and trends, to seek new, practical and attractive solutions to today and tomorrow’s needs.
9. Be fair and respectful.
Help workers, without paternalism, to find ways to promote their professional and personal growth. It is what drives productivity and results from the most.
10. Continuous improvement processes
The principle is very clear: everything can be improved. The search for excellence through detail; do not settle and review how each task is done to give it a more efficient or functional approach. It will improve efficiency and may bring pleasant surprises in the way you interact with customers.
If technology breaks many schemes, and experts agree that we are still starting, there is no doubt that it is a huge and urgent challenge that will transform all sectors. The digital age helps to be more efficient. However, its greatest value is in the opportunities it offers if you know how to take advantage of them. Others will.
12. Motivational leadership
Motivation and passion are great engines of growth and improvement, hence the great power of human resources. Be an influential, close leader who listens, encourages, and inspires confidence. If you improve the people who work with you, your company will also improve.
13. Disruptive marketing
A concept on the rise expressed in more creative and groundbreaking campaigns that promote advertising with greater impact; One of its means is emotional marketing, based on advertisements that tell stories (with the commercial product in the background) to connect emotionally with people.
14. Image and corporate values
Companies move in a dangerous scenario, where tastes and preferences are very changeable. But there are timeless values that maintain customer loyalty: commitment and responsibility as a corporate brand image. Cultivating ethical values and fair and honest behavior is a solid bet for the future.
15. Take risks
Risk is inherent to change. The greatest achievement is to overcome resistance, internal and external, and surround you with people who feed new ideas and challenges.
16. A company that learns and acts
Theories, plans, ideas … no matter how good they are, don’t make sense if they can’t be executed. The work teams must interact, communicate, learn and have a free way to discuss a critical and constructive spirit openly; make decisions, and act. For this, it is necessary to have the necessary human, technical and financial resources.
Everything can be done more naturally and. The companies most attentive and quick to perceive and act are called to obtain better results. And it will not be possible if we drag a heavy and slow structure. To improve a business and grow, you don’t have to make it more complex but simpler on many occasions.
17. Efficient management
For the self-employed and SMEs, one of the benefits of being more demanding is improving business management, a weak point for many. In this, we can help you in Circulates, providing an effective solution to one of the most common problems: invoices pending collection.
To advance that money and avoid the risk of lack of liquidity, we have a service that we offer from crowdlending, collective financing platforms. A model without requirements or conditions, with the opportunity to choose the target cost and the advantage of being able to participate with total autonomy;
It is one of the keys to intelligent management, to design an agile, simple and flexible structure that does not create added difficulties and diligently solves any setback, thus overcoming organization systems that are too rigid and slow.
18. Agile and a simple organization
There is a general agreement that a business’s success can be measured by its flexibility, adaptation to change, and ability to learn. That requires unchecked reaction power to position yourself in a short time before a good opportunity. Useless content must be emptied, and the meaning and functionality of each important business task must be recovered.
Communication, for example, is a very powerful resource and scores points when it is practiced with closeness and simplicity. By listening to the customer: their questions, difficulties, and challenges… you get clues to meet their needs and make their job easier;
Administrative work is very demanding. We know the difficulties of freelancers and SMEs to comply with all their obligations, but many times, a simpler and more logical criterion in the organization and assignment of tasks or responsibilities is enough to create more agile and less expensive management.
Simplicity is also aesthetic. An organized and comfortable workspace is much more productive. It also bets on collaborative and involved human teams, thus reducing barriers and strengthening trust and commitment.