KEY AREAS TO FOCUS ON
STRATEGY AND PLANNING
Small business owners don’t have the luxury of a strategic planning department, and daily operations consume most of your time. Entrepreneurial Advisory Institute (EAI) can serve as your strategic adviser and help you boil your strategy down into measurable goals, execute your strategy and review your progress on a regular basis.
ORGANIZATIONAL DEVELOPMENT
Your employees want it. Your organization needs it. Yet despite the investments companies have made, whatever learning is happening isn’t being translated into the workplace. What’s more, the problem doesn’t just lie in the how, but the what. Surveys have shown that less than half of new managers have ever been given explicit training on how to manage people and the “soft skills” that are critical for people management tend to fall by the wayside. But employee development has never been more urgent. To experience organizational success, you need to help your people adapt to—and thrive within—our changing world. Let Entrepreneurial Advisory Institute (EAI) help you understand your options
KEY PERFORMANCE INDICATORS (KPI’s)
KPI’s vary for each type of business. Entrepreneurial Advisory Institute (EAI) can help you develop KPI’s most relevant to your business, formulate them into a dashboard and review them with you on a regular basis. We can also provide you with comparative data based on their extensive experience with other businesses as well as other industry sources.
GOALS AND OBJECTIVES
In the beginning, your forecasts and budgets were based on market research, your prior year results and your best estimates based on experience in your industry. Even the best forecasts and budgets need to be reworked in light of new information you’ve learned from actual operating performance. Because Entrepreneurial Advisory Institute (EAI) advises many small businesses, we have extensive experience with forecasting and budgeting and can help you to perform a periodic checkup to see whether their sales forecast is realistic in light of their specific circumstances.
BEST PRACTICES
Best practices are important for processes to work correctly. They are simply the best way to do things, have been worked out through trial and error, and are found to be the most sensible way to proceed. Entrepreneurial Advisory Institute (EAI) can help you develop best practices uniquely suited to your business using a process that is appropriate to the size of your organization and your staff.
EXECUTION & ACCOUNTABILITY
A brilliant strategy, blockbuster product, or breakthrough technology can put you on the competitive map, but only solid execution can keep you there. Similarly, when businesses work hard to develop a mindset of accountability, it empowers employees at both the individual and team level to be more productive and collaborative, helping them to more effectively contribute to the company’s overarching goals. Ensuring accountability in the workplace allows employees to take ownership of their work and build trust between team members at all levels of the organization. When done correctly, fostering a culture of accountability in the workplace helps yield a high-performing organization.
