As a company, how well have you done with reaching your organizational goals for 2015? It may be a bit murky as you look back, so we are providing you with a guide to help you see how well you did.
Did you reach your revenue goals for the company?
If you don’t know where you are going how do you know when you get there. If you have never created a budget, we always recommend to start somewhere! Today is the day. If you are in the lead as a company, then your profit margins should be around 10 to 25 percent over last year’s figures. While your temporary staffing budget probably helped to reduce operational costs to bring you closer to this number, overall a healthy company will fall into this range.
How well did you close skill gaps on your team?
Another way to measure your corporate success during the previous year is to evaluate how well you have managed to recruit the right people to close skill gaps on your team. If you are unsure, it’s time to do a skills assessment and see if there are still needs to address, then make a plan for your 2016 hiring. Contact a local firm like APS, to assist in the vetting process. We offer free consultative testing for all our clients. We know how critical it is to hire the right time the first time. We are happy to help!
Did you make raving fans out of your customers?
Companies are very often good at tracking the results of customer relationship building. How did your company do over the last year? Did you have positive results, get great feedback and turn your customers into big fans? How are you communicating your success to the outside world? Do you have avenues in which clients can boast and talk about your company? These are great indicators: good or bad feedback is critical for growth and success. What you don’t know can hurt you. If people rave about you – that only means you’re doing the right things, which should translate into growth! Measure the growth by tiring it back to the source of the efforts.
Did you create a winning corporate culture?
A great place to work is the hallmark of a positive and health corporate culture. Looing back, what efforts were made to improve your corporate culture? If you need to make it better, take steps to renew the engagement of your employees by recognizing them for their efforts, providing better opportunities, and celebrating achievements.
Complete side note: a good way to indicate success of your team is commissions. How did your sales staff do? Do they really know how well they did. Celebrate the win, and make a bigger better plan for the next year. Don’t forget to include support staff. It’s a team effort!
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