Resource Allocation Checklist
Your Resources are your key points of leverage to be able to serve more customers in ever-expanding ways. A critical role as the Leader of your business is to strategically deploy these resources in the optimum manner and to adjust over time to stay ahead of competitive pressures and ever-changing customer expectations. The current dynamic and unprecedented changes require most business owners to make major pivots in resource allocation and potentially how they think about their resources. For some business owners it will be essential for survival, while for others it will open opportunities to Thrive in ways not before envisioned.
If you are to come out of this stronger than you went in what must you focus on now?
Check all your resources where an adjustment, shift or pivot would increase your business’s chances of survival and optimise the extent that your business thrives. Our team will guide you to quickly navigate these changes.
- 1. Team Members
- Tasks & Activities
- Most have talents above and beyond how they are deployed in their current roles…what are the untapped talents of each team member?
- 2. Current Products & Services Offered
- 3. Marketing pounds typically invested each month – How can they be invested more profitably?
- 4. Owner’s Time
- 5. Owner’s Thinking – This is often overlooked by the owner as a critical resource
- 6. Cash, incoming cash flow and debtors
- 7. Stock – Raw, work in process and finished goods
- 8. Property, Fixtures, Fitting and Equipment
- 9. Systems & Processes
- 10. Intellectual Property and Know-How
- 11. Brand Reputation
- 12. Current client base
- 13. Past client base
- 14. Current and Past Prospects & Database
- 15. Strategic Partners & Referral Sources
Adapt to Change through a series of Pro-Active 30 Day Plans so your business survives and THRIVES!