Today, every 03 years, the technique of doing any business changes & for few sectors (like IT) this gap is far less… If you are adaptive & receptive to the change, “YOU SURVIVE. YOU SUCCEED. YOU WIN”. One such major change or rather I would call it a challenge, is getting your organization “Growth Ready!!
What you must have as a TOOL for optimum growth & best results is “SOP” i.e. Standard Operating Procedures.
SOP, as the name suggests, is neither an option nor a fancy for any Organization. It is a MUST HAVE to simplify & smoothen all the daily operations.
It helps you work in a very systematic manner & defines the job of each & every person working in our organization, along with their responsibilities & accountabilities.
A study suggests, 68% of the businesses have failed due to improper management, improper documentation & lack of SOP.
Advantages of getting organised:
- Helps you manage your Inventory
- Define Responsibilities, Authorities amongst the Staff. Set Targets& Incentive Structure to motivate Sales
- Makes the organization “SYSTEM – DEPENDANT” & not “PEOPLE DEPENDANT”
- KEY FOR GROWTH & PROFITABILITY OF EVERY ORGANISATION
- Owner shall be free from “DAILY OPERATIONS” & can concentrate on “BUSINESS DEVELOPMENT”
- Your Customers will get “Best Experience with YOU”
- Prevent Income Leakage
Once you realize the importance of SOP in your organization, you will surely be ready to get out of your comfort zone & face the change with 100% more positivity & 200% of more dedication to implementing it in right manner.
If you want to CHANGE, you have to be willing to be “UNCOMFORTABLE”!!!!
If you want to GROW, you have to be willing to “SPEND MORE”!!!! (On Smart Staff & Intelligent Technological Solutions)
If you want to EXIST, you have to be willing to “IMPLEMENT SOP” in your business!!!!
YRC Related Articles: How to Write SOPs for Marketing?, 6 Ways To Grow Your Business, How to Start a Retail Business in India, Business Expansion Plan for Small Entrepreneurs, Six Steps to Writing a Great SOP for Retail, How to write SOPs for an Apparel Brand?, How to Develop SOPs for Quick Service Restaurant?, How to write SOPs for Furniture Showroom
Chief Strategy Officer