What is English tuition for tourists and why is it important to study here? If you are going to the UK to study English, it is not unreasonable to keep in mind a list of basic questions to which you should look for an answer. Where? For whom? For what? Is there a difference in […]
‘Marginal gains’ became well-known terminology after Dave Brailsford – of British Cycling – implemented this innovative concept with huge success.
His idea was that if you broke down everything you could think of that goes into riding a bike, and then improved each component part by 1%, then a significant increase would be achieved overall.
This concept is now widely incorporated in sports training of all different disciplines, but could it also be applied elsewhere…such as to your business?
How to apply marginal gains to your business:
Start by identifying the different areas of what you do. This might involve listing departments, and then drilling down into the processes within those departments. The result should be a long list – and will be different for each business. This alone is an interesting task and can increase appreciation for the varied things that make up your business (whether you’re a sole trader or have 100+ employees).
Next, spend some time thinking about the gap between current performance and your goals. SMART goals (Specific, Measurable, Achievable, Realistic, Time-limited) are a great way of working out tangible measures. Remember, you’re only aiming for small improvements across lots of different areas – so they should all be easily manageable.
Finally, make a plan/list of how to make those small improvements and then get started! Using KPIs (Key Performance Indicators) and regular reports will help you to monitor progress and continually refine and tweak your plan as you move towards achieving your goals.
Remember: concentrate on making many 1% improvements (which are easy to implement/should cause minimal upheaval), and you’ll find the compound effect is huge.
Please ask for my help if you’d like to implement marginal gains as part of your business growth strategy (contact details via the link below):
Self-education: a family contract, a broken record? Interviewer. Good afternoon, dear ladies and gentlemen! In today’s article, the name of which is familiar to you almost by heart, we will talk about one type of self-education, which is called family education. We can say with confidence that family education is a very complex and capacious […]
Events 1. Thurs 30 June: Last Settle Scottish Dancing Class for this term. . 7.30pm to 10pm St John’s Church Hall, Settle. Party night. Classes recommence on September 8th there will be a series of Beginners Classes starting. at 7pm St John’s Church Hall, Settle BD24 9JH: 2. Fri 1 July: First day of the month “Walk for the climate” Malham Tarn Fen. 1.5 […]