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How to Overcome These 2 Common Business Challenges
Manage episode 411205264 series 2999364
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In this episode, I discuss two common business challenges that have been a theme for many of my clients in the first quarter of 2024. I talk about how to manage team members you feel are performing at an average or below-average level, and how to evaluate your team costs and efficiency, particularly in the context of potential changes in revenue.
I share the reasons why it’s important for you to recognise and address team performance issues early on so that you can prevent it from negatively impacting your business, and why you should have an understanding of where your team members are spending their time. In this episode, I share lots of real-life examples to help you reflect and identify areas of your team that could be improved so that you can feel confident in having open conversations about optimising productivity and overall team performance.
Highlights
- Why addressing average or below-average team members is crucial to maintaining a high-performing team.
- Why understanding where team members spend their time helps to identify inefficiencies and areas for improvement.
- How to regularly evaluate team costs and efficiencies, especially when facing potential changes in revenue.
- How to have open and supportive conversations with team members to increase productivity, and overall team performance.
LINKS:
Book a Dream Team Discovery Call
Connect with Paula:
Website: www.paulamaidens.com
Instagram: @paulamaidensconsulting
Facebook: @paulamaidensbuildingawesometeams
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