Great companies confront the brutal facts (but never lose faith)
This is always a hard one. When we put a mirror to ourselves we sometimes see things wedon’t like.
Let’s look at our 4 success pillars and see how we stack up:
Do we have the
best people
. We believe so. The question, should rather be: “Are weholding ourselves to a higher standard and being the best we can be. If we’re honest, wecan probably do a whole lot better, couldn’t we?
Profitable growth.
Are we achieving this? [chuckle] ... Whenever We meet and talkprofits,
AN Other
looks so serious ... you’d swear ABC Co. was bankrupt. We’re onto him,though - he’s just trying to squeeze a bit of extra juice out of us.Jokes aside, he pushes us hard because he knows we’ve got it in us to go that extra mileand extract that extra profit. Let’s not kid ourselves we’ve stretched ourselves and set ahefty target this year - just shy of Rxxx-million turnover. To say we’ve succeeded, we needto come in at a profit margin of xxxx. That’s why we need to run lean, hunt down everysales opportunity like hungry lions and ramp up our productivity through the stratosphere.
Lifelong Partnerships.
Hitchhiking onto the profitable growth aspect. It’s imperative thatwe build sustainable and win-win partnerships with clients, suppliers and each others.What tends to focus us is the real value of the lifetime partnerships. Our partnerships withxxxx, our clients and each other are vital if we want to stay relevant, sustainable andprofitable for years to come.To be blunt, it makes good economic sense to build lifetime partnerships. Let’s take our partnerships with clients, for example. Let’s say our average client is worth R5-million ayear and she stays with us for 10 years on average. This means that she’s actually worthR50-million to us over her lifetime. Now, we’re not sure about you, but a R50-million clientexcites us. This kind of money focuses the mind beautifully and ensures that we’d raise mygame substantially.At the risk of sounding too obvious ...
our clients are the lifeblood of our organisation
.Because of that, we love, nurture and cherish them. You may be wondering why we’ve
www.jacquesdevilliers.com
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