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Creating A Commercial Focus By ‘thinking in 3D!’

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Presentation on theme: "Creating A Commercial Focus By ‘thinking in 3D!’"— Presentation transcript:

1 Creating A Commercial Focus By ‘thinking in 3D!’
Burton Street 21st July 2016

2 What We’re Going To Look At…
How winning businesses establish a commercial focus in everything they do What this means for you and your organisation Some ideas to help you make it work (better) for you @andyhanselman

3 Who The Hell Is Andy Hanselman?

4 I Help Businesses And Their People Create Competitive Advantage By...
Thinking in 3D!

5 Dramatically and Demonstrably Different!
That means being... Dramatically and Demonstrably Different!

6 Why... 3D?

7

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12 (and have been for over 25 years!)
I research, write about, talk about and work with high performance businesses (and have been for over 25 years!)

13 Awareness Assessment Action

14 Get my slides and other resources at: andyhanselmanconsulting

15 3D Discussion Time: What Do ‘Successful’ Business Have And Do?

16 Third Sector Organisations Have And Do?
3D Discussion Time: What Do ‘Successful’ Third Sector Organisations Have And Do?

17 Satisfied Customers

18 Sufficient ‘Delighted’
Customers

19 High Expectations ‘Disappointed’ ‘Devoted’ A ‘Poor’ Experience A ‘Great’ Experience ‘Delighted’ ‘Disaffected’ Low Expectations

20 L Sufficient ‘Devoted’ Customers Committed Maximised Motivated
Effective People Maximised Financial Returns

21 L Y Sufficient ‘Devoted’ Customers Committed Maximised Motivated
Effective People Maximised Financial Returns

22 The 7 Characteristics Of 3D Businesses! #1:Get That Vision Thing!
#7: InnovatiON! #2:Think in 3D! #6: KeeP In Control! #3:Delighted Customers! #5: UBER Culture! #4:Forget CRM - MCR!

23 3 iDeas to consider.....

24 ‘iDea 1’...

25 Remove The Barriers!

26 What are the common blockages to creating a ‘profit’ focus

27 It’s Misunderstood! Barrier 1:

28 “We’ve always done it like this!”
It’s The Culture! Barrier 2: “We’ve always done it like this!”

29 Staff have no understanding
Barrier 3: Staff have no understanding

30 profit! wages running costs customs and excise beer costs

31

32 What Are The Annual Costs Of:
Salary and people costs £ Analysis £ Equipment costs £ Equipment hire £ Subsistence £ Fuel £ Motor expenses £ Marketing £ Office costs £ IT Computer Support and Consumables £ Premises costs £ Insurances £ TOTAL COSTS £

33 What Are The Annual Costs Of:
Salary and people costs £426,000 Analysis £ 85,800 Equipment costs £ 26,300 Equipment hire £ 12,000 Subsistence £ 35,000 Fuel £ 9,250 Motor expenses £ 27,700 Marketing £ 8,000 Office costs £ 13,000 IT Computer Support and Consumables £ 3,200 Premises costs £ 33,700 Insurances £ 10,000 TOTAL COSTS £689,950

34 £57,496 a month! £13,268 a week! £2,654 a working day!
£689,950 a year means… £57,496 a month! £13,268 a week! £2,654 a working day! £3,026 based on 228 days!

35 It’s just a Management Thing!
Barrier 4:

36 It’s left to the Bean Counters!
Barrier 5:

37 83% of decision makers in larger SMEs do not understand their company accounts often because the responsibility shifts towards outsourced financial support source: ClicData’s Intelligent Business Index May 2015

38 No concept of Value For Time!
Barrier 6:

39 cannot accurately determine their
50% of businesses cannot accurately determine their profitable customers and products source: KPMG

40 No Processes! Barrier 6:

41 No Rewards! Barrier 7:

42 Unwillingness to say No!
Barrier 8:

43 No Profit Improvement Plan!
Barrier 9:

44 Profit focused organisations have....

45 Clear shared profit targets!

46 ‘Buy in’ to those targets!

47 Clear routes to profitability!

48 Systems and processes for profit improvement !

49 Systems to keep in control!

50 How do you measure up against these factors?

51 ‘iDea 2’...

52 Create Your Own Routes!

53 The routes to profit – some ‘options’

54 jean paul getty and strike oil!’ ‘rise early, work hard...

55 Increase Margins!

56 Increase Volumes!

57 Do Either Or Both!

58 Increase Margins increase volumes Cut Costs Increase Prices
Increase Efficiency Current Customers increase volumes New Customers

59 Route 1: Reduce Costs!

60 Route 2: Increase Prices!

61 Route 3: Increase Efficiency!

62 Route 4: Sell More To Existing Customers!

63 Route 5: Sell To New Customers!

64 Download A Free Toolkit From andyhanselman.com/slides
Create Your Own Routes! Download A Free Toolkit From andyhanselman.com/slides

65 ‘iDea 3’...

66 Take action, not notes!

67 What are you going to Do about it?

68 Talk to me!!! Chat Today!

69 Andy’s 3D Thoughts...... 3 iDeas in 3 minutes in your inbox every Monday morning to help you Think in 3D!

70 Up and Coming Leaders Accelerate!
UCLA! Helping Up and Coming Leaders Accelerate! An innovative leadership and business development programme For ‘existing’ managers, ‘potential’ managers and ‘rising stars’! 7 ‘half day’ workshops spread over 5 months Improve leadership, commercial and personal skills Comprehensive workbooks, assessments and toolkits Working with other leaders and managers Online and website support! Starts In September!

71 “Vision without action is hallucination”
Thomas Edison

72 “Take the first step in faith
“Take the first step in faith. You do not have to see the whole staircase. Just take the first step” Martin Luther King

73 “Scare yourself, otherwise you’re not doing anything new”
Mary Murphy Hoye, Head Of R & D, Intel

74 “Don’t just stand there….. do something!”
Dick Dastardly

75 So... what are you going to Do?

76 People can be divided into three groups

77 Those who make things happen
Those who watch things happen Those who ask ‘what happened’?

78 MISSING YOU ALREADY!

79 get my slides and other resources at: andyhanselmanconsulting


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