Most companies do not have a committed and clear business plan or management coaching system in place. If one exists, it is often not reviewed frequently or shared regularly with the entire company.  Planning is not a formality for big, successful businesses, yet it is repeatedly identified as a proven and critical success discipline for Small to Medium Businesses (SMBs).  The following are typical attributes we improve in this area:

This is the area in which traction is either gained or lost as a team. Company leaders find great benefit in having Better Execute facilitate weekly management meetings for a period of time, until the processes and disciplines are internalised by the management team. There are three skills that often need to be improved that we instil and develop within each weekly management coaching meeting:

We find that most companies don’t have a scorecard that accurately reflects how the key parts of their business are performing. With expert management coaching, Better Execute assists companies in refining their scorecard to have the fewest and most telling numbers possible. This typically means a mix of KPIs and KPRs with clearly defined owners responsible for each of the numbers. It takes time to adopt an effective scorecard but we will ensure the success of the process with management teams.

SMBs often don’t put sufficient effort into identifying and articulating the key deliverables for each position or role within the organisation. It is easy to describe a vague job description for a role; it requires more work and clarity of thought to identify the key deliverables for each of the positions in the company.  Our Management coaching helps companies make quick work of identifying this strategic information.

Last, but far from least, is that Better Execute’s management coaching enables companies to gain better control over their money and financial processes. The fact is that most SMBs are set up for failure in regards to the financial management of their business.  They have an internal or external bookkeeper and an external accountant. This common strategy increases costs and ensures the team has insufficient control or knowledge to run a financially viable business. We help companies identify a strategy that decreases their costs and increases the quality of support available to better manage the financial activities of the company.