As FY17 draws to a close, most of us have the FY18 budget to commit to.
But, have you ever forgotten an important line item in your budget and then struggled all year having to deal with it?
If you have tough targets to meet in the next financial year, make sure you have allocated sufficient funds for Business Improvement (BI) work. Remember: If you don't change anything, it all stays the same. Except that your competitors might have remembered BI in their budget...
Here are some ideas for what you might want to allow for in FY18:
- Ambitious goals? Ensure you implement your strategy on time, in full; STARR can help you do that and you can find more details here
- Are your people not working as teams? Learn about building Building Highly Effective Teams and improve your bottom line
- Operational performance not up to scratch? Our whitepaper on Performance Improvement by Reducing Eight Types of Waste will help you get started
Perhaps you sense that there is room for improvement but you're not sure where to start. If that's the case feel free to get in touch with us.