J. Jesus Cervantes V’s Post

What differentiates companies that deliver great products from those that deliver sustained shareholder value? It is the ability to go beyond excellence in products and build systemic operational excellence. See my latest writeup in Business Today. https://lnkd.in/guuhrxTc Buy the book -> bit.ly/RBO-book Inixia, Filippo Passerini, Deepshikha Sharma

"A recent BCG study reveals that companies adept at navigating the complexities of operating-model change are seven times more likely to outperform their peers—a testament to the growing correlation between operational agility and shareholder return." #operatingmodel #businessoperations #transformation

How to Cut Costs More Strategically

How does embracing risk and making challenging decisions propel your business forward and contribute to your growth? Imagine you’re running a small bakery that’s become quite popular in your local area. Up until now, you’ve only sold baked goods directly from your storefront. However, you see an opportunity to expand your business by selling your products online. This decision involves setting up a website, figuring out shipping logistics, and possibly hiring more staff to handle the increased workload. It’s a significant change from your current operation and requires a substantial upfront investment without a guaranteed return. The idea of moving your business online makes you feel uncomfortable because it’s a departure from what you know and are good at. You’re worried about the risks, such as the financial investment not paying off or the quality of your products suffering due to shipping challenges. This discomfort is a sign that you’re facing a decision that pushes you out of your comfort zone. However, this is exactly the kind of decision that can lead to growth. By taking on this challenge, you’re not only expanding your business’s reach but also learning new skills and adapting to the digital marketplace. It’s through decisions like these—ones that make you uneasy but have the potential for great reward—that businesses evolve and grow. #justdoit

Me and my siblings were wondering what ice cream to eat Here’s what it taught me about Business Management Strategy: Earlier my siblings decided to eat ice cream, because of big chocolate propaganda, they have been misled to believe that chocolate ice cream is the only viable option. Because of the demand for chocolate ice cream in our household, tensions among competitors (siblings) were high as they competed for small market share. There was crying, tears, it was a blood bath, I.e, a red ocean. Fortunately I, understood that red oceans weren’t markets I wanted to compete in, It was that context that compelled me to move to the freezer and have a full tub of vanilla ice cream for myself Vanilla represented a blue ocean, where demand is created rather than fought over, a market that's untapped by competition. How can you achieve blue ocean: • Break free from industry limits. • Shift your focus from production costs to consumer value. • Seek psychological solutions over logical ones. While competitors boost output, the key is easing customer pain, which is often psychological. If you enjoyed, follow for more tips.

In my career I've worked in various types/sizes of businesses at various stages of their growth. These have ranged from PE backed buy & build to Global leading consumer brands. I've also worked with some extremely knowledgeable and inspiring people who have influenced me and how I see/read things in businesses which has helped me greatly. Knowing 'what good looks like' is critical but understanding how to go thought the gears to get to the target state is arguably even more crucial. A lot of my learning was done in turnaround situations and while I didn't know it at the time this book 'Good to Great' captures so many of the key characteristics of businesses which I now find myself able to relate to directly. Equally at the other end of the scale having worked for Global businesses who are having supersonic success I can say they have a lot of this stuff nailed. For anyone coming up through a career in IT and Transformation (or business generally) I would definitely recommend this as a read.

"Traction: Get a Grip on Your Business" by Gino Wickman is a guide for entrepreneurs and business leaders seeking to improve their company's performance and efficiency. The book introduces the Entrepreneurial Operating System (EOS), a practical methodology for the holistic management and strengthening of a business. Six Key Components of EOS: 1. Vision -- Ensuring everyone in the organization understands and shares the company's direction and goals. 2. People -- Having the right people in the right seats, aligned with the company's culture and objectives. 3. Data -- Using objective metrics to manage and track the company's performance and health. 4. Issues -- Effectively identifying and resolving problems to keep the company moving forward. 5. Process -- Systematizing business operations for consistency, efficiency, and scalability. 6. Traction -- Implementing a rhythm of regular meetings and accountability to turn the vision into reality. 7. Focus on Simplicity --The book emphasizes the power of simplifying operations for better management and clarity. 8. Data-Driven Decision Making -- Encouraging decisions based on objective data rather than feelings or egos. 9. Regular Meetings and Accountability -- Establishing a routine for meetings and check-ins to maintain focus and alignment. 10. Balancing Long-Term Vision with Short-Term Execution -- Ensuring daily activities align with the broader goals and objectives of the company. Wickman's approach in "Traction" is straightforward and action-oriented, aimed at helping business leaders gain control of their operations, align their teams, and achieve consistent, scalable growth. #StartupDesignBookClub #EnterpreneursBookClub #Traction #EOS #BusinessReading #EnterpreneurshipBooks

Who do you turn to when you aren't sure what to do next? We are seeing more senior decision makers looking for support in making decisions about their direction. What's changed... the sentiment in the economy regarding where and when people are choosing to spend their money. Discretionary spend and timing of this spend is having an even bigger impact on business owners as customers are looking for "better deals" and longer time to payment. We had clients in the trade space having customers starting to ask for longer payment timelines, regardless of when the work has been completed. This can impact the businesses ability to fund projects and drive growth. So how does having an independent perspective help de-risk the business? Creating a Strategy for the business to follow, allows all in the business to understand where they are going. Regardless of level, the clarity brings a certainty to the decisions being made. To get this clarity, often it takes someone who doesn't have performance results tied to the performance of the business. This brings challenge and extra options to the table, removing the "being influenced by being in the business" impact. This is the space we love to sit in. Sitting with the major decision makers, we add an independent challenge to the status quo and ask the questions that often don't get asked. This gets to the root of the problems, rather than staying at a comfortable surface level, which can be like "painting over a crack" with the problem remaining. Want someone independent to challenge and reset your Strategy, let’s chat. Click the link below or in our bio to get started. https://lnkd.in/eRDtDUEa “Transform you and your Business” #growmybusiness #businessreset #businessgrowth #strategyreset #businesscoach #businessmentor

Why Small Businesses Fail Running a small business can be exciting, but many face challenges that can lead to failure. Common reasons include poor money management, not enough demand, and more. Let’s look at some key reasons why small businesses struggle: -Poor Money Management -Lack of Demand -No Clear Plan -Leadership and Team Issues 1. Poor Money Management -Expecting more money than actually comes in -Not having a proper budget or financial plan 2. Lack of Demand -Offering products or services people don’t need -Not understanding what customers really want 3. No Clear Plan -Not having a business plan or clear goals -Not being ready for challenges or changes in the market 4. Leadership and Team Issues -Lack of leadership or business skills -Hiring the wrong people or not training them well -Low team morale or high employee turnover To succeed, small businesses must manage finances, understand customer needs, plan ahead, and have strong leadership. The right strategies lead to success! #leadershipgoals #entrepreneurialjourney #successmindset #businessstrategy #SmallBusinessSupport #SmallBizMarketing #SmallBusinessAdvice #SmallBizNetworking Aryu Enterprises Private Limited, Custom Software Made Easy

Unlock the Secret to Seamless Operations Management Imagine owning a business that functions like a precision-crafted timepiece. Every team member understands their role, resources are always at hand, and projects are completed ahead of schedule. Sounds like a dream, right? But what if I told you that this is a reality for many successful businesses today? The secret lies in robust operations management. Consider giants like McDonald’s, Apple, and Coca-Cola. Their success? It’s all about well-established business processes. Have you ever visited a McDonald's and heard, "Sorry, we're out of fries, could you wait a few hours?" The seamless availability of stock is no accident – it's a testament to their flawless supply chain and operational efficiency. This straightforward formula for success is within your reach. With proven strategies, I've helped over 500 businesses transform their operations and eliminate bottlenecks. Feeling daunted by the challenge of implementing this change on your own? You're not alone – and you don’t have to do it alone. I’m here to guide you through the process. Connect with me today; let’s embark on this transformation journey together. I’m just a call away at 0450 051 061. I’m more than just another entrepreneur; I’m your partner in driving the business success you’ve always envisioned. Remember, the best time to start is NOW. What aspects of your business operations are you looking to improve? Let's discuss how we can tailor a solution that fits your needs perfectly. #businesscoaching #businessoperations #business #businessdevelopment