Budgeting the Right Time for New Tools

Have you ever created a tool or process for your company only to find that people aren’t using it effectively and some don’t even know about it?

D. Brown Management Profile Picture
Share
Leadership Tools: Budget Resources for New Tools and Processes Correctly.

If your answer was…

“No - every tool and process we have ever rolled out is being used perfectly 100% of the time by 100% of the team.”   *** 

 then please raise your hand so the rest of the industry can study you or get a job at your company.  :) 


One place to look might be in how you allocate resources to solving the problem.  It’s easy to get caught up in problem identification and creation as the biggest hurdles but these typically make up about 1% of the total effort.  

The real effort is committing the resource for initial training, coaching everyone to minimum demonstrated competency levels and most importantly committing resources to ongoing management of the process.  

If your team does not understand the level of resources required, plan for them and then have the daily discipline to stick to the commitments then you will end up with lots of tools and little impact. 


This is harder than it seems and is something we spend a lot of time working with teams on: https://dbmgt.co/contact




Cash Flow Tip 1 - The Right Markets and Customers
Finding the Right Markets & Customers. Keeping in mind that you can’t have great cash flow without great profitability the first thing you have to look at is your market strategy.
Appearance and Experience of Management Control
As your career develops and you grow into roles of greater responsibility, one of the biggest challenges is what Jennifer Garvey Berger calls “The paradox of the appearance of increasing control and the experience of decreasing control.”
3 Critical Decisions for Success
As you look forward toward the new year, objectively evaluate yourself on the three critical decisions we all must make on a regular basis