How would you like to learn how to identify hard-dollar initiatives that you can immediately implement to improve your organization’s bottom line? Then you must read Indispensable by Monday, by Larry Myler. This book helps the reader answer the question, “How can I add more value”? Being able to answer that question is critical to your professional survival and in fact can be the very thing to propel you to the next level of your career.\n\nThe recent economy has dealt a blow to the bottom line for many companies. In a nut shell, Myler reminds us that the company’s mission is TO MAKE MORE MONEY THAN IT SPENDS. Myler also points out that each of us has to make sure we bring in more money than we cost the company. Sound hard? Not anymore. Myler’s Profit Proposal Generator (free online at www.bymonday.com ) allows employees, with a limited amount of data, to input a suggested profit-producing change and run the numbers to see if it will work.\n\nIn research conducted by Myler’s firm, By Monday, the following employee behaviors were rated as important by leaders:\n
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- Regularly proposes cost-cutting ideas that work
- Regularly proposes revenue-producing ideas that work
- Streamlines company processes to save time and money
- Improves personal productivity by increasing quantity and quality
- Proposes and/or Implements procedures to improve the cash flow of the firm
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\nYet the percentage of workers engaged in these behaviors on average was less than 12%. Imagine what could happen if the other 88% of the employees were behaving in this way.\n\nMost commonly, people become comfortable with the established ways of doing things, and they overlook obvious enhancements. So if you’re looking to enhance the profit contribution skills for the employees in your organization, clients or yourself, here is a solution.\n\nAsk “why” of anything and everything that :\n
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- costs money
- takes time (which is money)
- requires attention (which eats time)
- saps energy (which is all you really have to offer)
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\nThe broad field of process improvement incorporates three basic concepts:\n
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- Whenever you touch something, you lose money.
- Whenever something or someone sits and waits, you lose money.
- Whenever something is communicated unnecessarily, you lose money.
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\nIf you reduce how often these circumstances occur in any process, you will save money and by helping the company, you help yourself.\n\nAt J9 Leading Solutions we are committed to the education and growth of our clients and hope that by sharing the most cutting edge research and tools available on the market we assist you in becoming indispensable.
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