2013

Six Disciplines

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The Top Challenges of Small Businesses

Six Disciplines

'Even though small businesses collectively generate $5 trillion in sales in the U.S., the biggest challenge of an individual small business is “survival.” 80% of all new business start-ups are out of business within five years. And if that doesn’t get your attention, 80% of the 20% that survive the first five years don’t survive the second five!2 That means, on the average, 960 out of 1,000 businesses that start this year will not be around in 10 years.

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The Small Business Advantage

Six Disciplines

'Those who have worked both in small and large organizations have a much better appreciation for how fundamentally different large companies are from small ones. Each has its strengths, and the savvy small business owner understands what those are and takes advantage of them aggressively. They include: 1. Connecting People to Purpose. People are creatures of emotion and reason.

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Only 14% of employees understand their company’s strategy and direction

Six Disciplines

'Why don’t more employees do what they are supposed to do? . In a recent post by Banchard Leaderchat , author and consultant William Schiemann might have part of the answer—only 14% of the organizations he polled report that their employees have a good understanding of their company’s strategy and direction. How would your company score on a similar survey?

Strategy 129
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The Top Challenges of Small Businesses

Six Disciplines

'Even though small businesses collectively generate $5 trillion in sales in the U.S., the biggest challenge of an individual small business is “survival.” 80% of all new business start-ups are out of business within five years. And if that doesn’t get your attention, 80% of the 20% that survive the first five years don’t survive the second five!2 That means, on the average, 960 out of 1,000 businesses that start this year will not be around in 10 years.

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The Small Business Advantage

Six Disciplines

'Those who have worked both in small and large organizations have a much better appreciation for how fundamentally different large companies are from small ones. Each has its strengths, and the savvy small business owner understands what those are and takes advantage of them aggressively. They include: 1. Connecting People to Purpose. People are creatures of emotion and reason.

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How the best differ from the rest PART I

Six Disciplines

'In trying to better quantify factors that contribute to excellence, we surveyed more than 300 small businesses (each with 10 to 100 employees) that included a range of service, product and project-oriented companies. The participants, who were all owners or senior leaders in their organizations, rated their businesses on many different areas of performance.

Quality 110
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The ROI of Performance Excellence Programs

Six Disciplines

'Six Disciplines® is a total performance excellence program. By integrating a proven best-practices methodology and innovative Outlook software, we help you to build an effective culture of continuous improvement, enabling you to achieve predictable and measurable growth. . The desired end result is different for each of our clients, but it''s usually centered around growth, higher productivity, improved profitability and greater overall goal accomplishment. .

ROI 106