C4.0 Troubled Business: Introduction to Turnaround90 (T90)

Is Your Business Enterprise Experiencing Financially Tough Times?

It is a sad fact that many enterprises, both large and small, for and not-for profit, hit tough times and often don’t survive.
If you are experiencing tough times, this Campaign is designed to help by:
(1) Rapidly stabilising your business to reduce further damage and then
(2) Demonstrating the next steps to get out of your rough patch

It is designed to carry out within a 30 day period of intense activity so that your whole team can stay focused. This can vary at your discretion.
It should be used in conjunction with your professional advisers who are more familiar with the particulars of your business.
If your situation is urgent, discuss your options immediately with your professional advisors.

Turnaround90 is a yellow belt Campaign.

LB4: Getting Stuff Done When There is Lots

As a business manager, there is always more to be done than you possibly have time for.  If you want to work reasonable hours and have a life outside the business, you will have to prioritise what you do.  This article describes several techniques that can help you reduce the often seemingly overwhelming number of things you have to do to a more manageable approach.  If you don’t learn to manage the workload, you will find yourself flitting from one task to another and not getting much of importance done. This article is a Yellow Belt tool to help you manage all the “stuff” to do.  

Training Courses for Sustainable Business Success

This page collects all the training and professional development courses we have for small business owners aiming for Sustainable Business Success.  While you can always find specific topics with the “Search” function on the site, these training packages assemble those materials into a more structured format to make it easier for you to cover any […]

SM5.0 Theory of Constraint (TOC) Find Remove Bottleneck

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The Theory of Constraints (TOC) is an important optimising technique that focuses on improving the throughput of work at the (usually) single bottleneck or constraint in the workflow.  

This Skills Module draws together a number of the 12Faces articles on the subject.  One research project demonstrated that 89% of improvement in a manufacturing business came from the application of TOC. Yellow Belt.  button LMS subscribe

Business Growth: Use MyDodeca for Sustainable Growth

Sustainable business growth is achieved by studying the 12 aspects of your business that govern success.  Speed up Business Growth by Optimising with the FREE MyDodeca Tool 12Faces believes there are 12 aspects to your Business and Personal Skills that govern the sustainable success of your business. It follows that not all of these are […]

Failing Business Turnaround (NID49)

One in five businesses, both large and small are failing at any point in time. And this is a very sad situation, considering all the lost dreams,  lost time and lost money. Not all of those businesses can be saved, but it’s worth a try! We’ve assembled 26 steps into a 90 day plan to turnaround […]

Business Training

The 12Faces business training resources are focused on how to grow a small business.  They cover the particular issues arising for each growth stage from startup to 20 staff.  Also includes our systems for actually getting the work done via a rapid, lower stress, framework.  The Business training also expands on some of the important […]

Failing Business DIY Turnaround

As Many as 1 in 5 Businesses , Both Large and Small, are Failing That is a very sad fact when one considers all the hopes, time and money that have gone into the business and is now going down the drain! Reduce the risk with our DIY Failing Business Turnaround Program Business owners often: are […]

SM4.1 Eight Types of Waste

The well-known Toyota car company identified seven types of waste that had an impact on Productivity and Profit.  An eighth has been added more recently.  By gradually reducing these wastes, you can improve the Productivity and Profit of your business.  In Japanese, this is referred to as reducing “muda” (pronounced Moo-da).  This article discusses how these types of waste might show up in your business; and what to do about them.  Waste reduction is an ongoing and probably never ending process.  This article gives lots of examples of waste in each of the categories.   To be most effective, you should tackle the largest waste items first so as to make the largest gains first. Waste reduction is a team effort ideally as those on the front-line probably already know what is wasteful; they are just not empowered and trained to combat waste.

Read this if: you are working on making your business operate more efficiently

Relates to: 80/20 Rule for finding the biggest issues, Kaizen for incremental improvement, Constraints and bottlenecks.  Our Profit Acceleration optimization toolkits; Double Profit in 100 Days and Double Growth and Profit in 365 Days.

Audio/visual Materials: none

Degree of Difficulty: Yellow (entry level) .  Not hard to do but requires perseverance.  It is the first article in a series on managing waste to improve your profit

C3.1 Introduction to Grow your Enterprise in 365 Days Campaign

The third of our signature 12Faces courses is a Growth Strategy Over One Year.  This course builds on the rapid optimisation carried out during the course C2.0 Optimise Your Business Enterprise in 100 Days (Optimise100).

This Growth Strategy is designed to work with the various types of enterprise we service: 

For-profit, Public Sector and NFP

Each of these enterprises will likely want to grow something.

For Profit are interested in profit and/or revenue growth.

Public Sector and Local Government are interested in serving a greater number of clients better within their budget constraint.

NFP may want to raise more money to sponsor good works and/or service more clients within the available budget.

Generally, we speak of Profit in this course.  And that is of interest even to organisations not seeking to maximise profit.  These organisations will want to maximise growth while not making a loss; the other side of the profit coin.

Rather than write about the goals of each type of business each time, we generally refer to the process a for-profit business will follow. This is just as applicable to the various types of NFP.

To continue to grow, we discuss how to increase your revenue so that more money goes to your profit bottom line.  Since this is a slower process, we will allow ourselves 12 months to achieve it.  Nevertheless, these two combined are likely to more than quadruple the profit of your business in just 15 months.

The techniques discussed in this training course, “Grow365″ are designed for growth businesses.  They might be a relaunch of an existing business or a startup

This introduction to the course outlines the process with links to relevant articles. The next stages links are also at the bottom of this article.

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