Aug 2011 - Peace & Profit = Prosperity
Ebiz Products, LLC   •   1855 Air Lane Dr.   •   Nashville, TN   •   888-496-8180

PEACE AND PROFIT: TWO P's IN PROSPERITY

"My prime motivation for implementing systems to run our
business
wasn't just profit. I also wanted PEACE in my life
—the peace systems would bring to our employees
and, most importantly, our customers."  
 

Years ago, I was facilitating a Webinar demo of our business management software for the owner of a printing company and a group of his managers, and we were discussing the integration of an Operations Manual.  Not surprisingly, one of the managers asked me, “Why do we need your systems to bring order in our business? We are many times larger than your company, and we're profitable. Besides, isn’t some chaos to be expected in our industry?”

Before I could say anything, the owner shot back at the manager, “We may be profitable, but I’m tired of all the chaos—it’s too stressful. I’m the one who has to stay at the office, even when I’m sick, to make sure a big project is done on time and without errors.”

He told me how, at one point, he had run a 104° temperature, but was unable to leave the building for fear the company would lose a lot of money on a certain project. I could feel his pain. He seemed to be saying, “If you think I’m just doing this for my health—you’re right!” Obviously, making money was no longer the most important thing thing in his life, and he was tired of missing out on events in his children’s lives.

The owner's business had grown rapidly and had opportunities to expand further. But, the chaos was growing exponentially, and his business had reached a point of diminishing returns when adding more growth.

I could identify with this owner, as those things had happened to me, before I learned the power of systems. I’ve heard numerous stories from other owners and managers expressing similar frustrations over the years. I wonder sometimes why many owners and managers are willing to live with the pain, year after year.

Understandably, the first thing many of those we facilitate demos for want to know is, the profit side of implementing systems such as Quality Control, Communications and Preventative Maintenance, etc. As far as I’m concerned, increased profit is a given when, first, you bring order to your business with written systems; and second, when you install a system of accountability that makes it all work!
 
Like this particular business owner, my prime motivation for implementing systems to run our business was not just profit. I also wanted PEACE in my life—the peace systems would bring to our employees and, most importantly, our customers.
 
I was certain if we reduced errors, eliminated bottlenecks and our equipment operated at peak performance, PEACE and PROFIT would come.

What are the tools/systems to help ensure prosperity?

Quality Control Checklists for every key process; Daily Routine Checklists for all key personnel Policies that clearly leave nothing to interpretation; Procedures for all key tasks; Document Management Preventative Maintenance for all equipment; Data Base Maintenance.

Inventory Accounting Communication and Reporting

* Internet & Intranet
* Email—External & Internal
* Request for Leave
* Suggestions for Improvement
* Repair Request
* Special Tasks
* Non-Conforming Events/System Busters (The key system to sustaining all systems)
* Companywide and Department Calendars
* Scheduling of Work & Services
* Floor Data Collection
* Scheduling—Work & Services
* Requisition of tools and supplies

These systems need to be written and organized into an Operations Manual and, whenever possible, automated into online systems that are easily accessible to every member of the organization. Each member of the organization should practice and be an integral part of designing and improving these tools. With them, YOU are in control of the business, instead of the BUSINESS controlling you.
 
PEACE and PROFIT—those are the two “Ps” in the ProsPerity that gives an owner the confidence to risk running a business every day—and the capital to retool and hire needed workers.

Did I mention—Great systems work!