The expert on bringing companies to the position of market leaders
It's impossible to surpass someone whose steps you can't even see
It's impossible to surpass someone whose steps you can't even see
This is the simplest and, at the same time, one of the most effective models in business.
Announce to the company that you have an X sales plan for a month. X is the average sales figure that was previously achieved.
Next, tell everyone that the entire amount that will be higher than this figure in the sales plan is divided equally among your employees.
Example: A $100,000 sales plan.
The employees jointly made $120,000.
The amount of $20,000 (the amount above the sales plan) is divided equally among all employees.
Gradually raise the sales bar by setting a new figure, and you will see how quickly, simply, and most importantly, no one needs to be forced to work, people themselves will do their best to learn, interact with each other, and exceed the sales plan to earn more money.
With this approach, it is important to issue sudden bonuses to all employees periodically, 1-2 times a year, this will further strengthen their faith in you as the best leader of the company.
Say that any of the employees who shows that it is possible to reduce the costs of expenses somewhere, while not reducing the quality of services, products, or assembly of goods (if this is production) will receive a one-time payment in the amount of the costs by which he helped to reduce the costs of your business.
Example: A person has found a way to reduce the cost of producing goods, monthly, these costs have allowed you to reduce costs by $5,000.
You pay this employee $5,000 in a lump sum, and everyone is happy.
The employee is happy with the payment, and you are happy that he helped you save $60,000 a year.
By applying these two models, your employees will become a single mechanism that, together and on an ongoing basis, improves your business in all key parameters. They will constantly look for ways to increase profits and reduce costs, isn't that brilliant?
The most efficient companies in the world share profits with their employees, which is why they are constantly at the TOP among the rest.
