Do you have a clear plan to increase your operating profit?
At The Alpha Group we make certain that you create your Profit Plan and successfully implement it in your companies.
So, how does this happen?
Easy, its a six step-process using the power of the peer-to-peer advisory board.
Firstly the peer-to-peer advisory board help you define your goal for increasing your operating profit.
We work with you two answer these important questions:
1 Your current operating profit
• Your annual operating profit:
• Your operating profit as a percentage of your annual sales:
2 Your goal for increasing your operating profit
In 8 – 15 words below, what is your goal for increasing your company operating profit?
Please make it a SMART goal (Specific, Measurable, Achievable, Realistic, Time-bound).
3 Your critical obstacle
In 10 – 15 words below, starting with “We Need to …”, what is the critical obstacle you need to overcome to achieve your goal for your operating profit.
• We Need to
Secondly the peer-to-peer advisory board help you identify your best options for increasing your operating profit.
Your peer-to-peer advisory board helps you select the three FastGrowth™ Projects to have the biggest impact on your value.
A. The FastGrowth™ Projects for you to create clearer company direction and stronger commitment
1 Identify and remove strategic barriers
2 Create your compelling company purpose and guiding principles
3 Decide your bold, motivating company goals
4 Involve your people in your purpose and goals
5 Build your succinct business growth plan
6 Define a strategy to substantially grow your company
7 Build your positive, powerful belief about your goals and strategy
8 Develop your strategic and inspiring leadership
9 Recruit the right people for your team
10 Clarify your team’s roles
11 Build your balanced team
12 Build your engaged and empowered teams
B. The FastGrowth™ Projects for you to gain and retain more profitable customers
1 Plan how to increase your profitable sales
2 Sharpen your market focus
3 Decide your special niche
4 Define your compelling business proposition
5 Develop successful new products & services
6 Generate & filter-in high probability customers
7 Gain your ideal customers
8 Achieve your optimal selling prices
9 Manage relationships with your customers
10 Increase your lifetime customers
11 Get your loyal customers to refer you
12 Achieve additional, profitable revenues
C. The FastGrowth Projects for you to increase your profit and enhance your market value
1 Plan how to increase your operating profit
2 Achieve a lower break-even
3 Develop a stronger business model
4 Streamline your business processes
5 Keep your business performance and growth on track
6 Plan your desired market value
7 Successfully implement key projects
8 Significantly increase your brand value
9 Create, protect and exploit your intellectual property
10 Create successful strategic alliances
11 Get your products and services into a big market
12 Prepare your business for a high value sale
At the end of this section you will have determined the three FastGrowth™ Projects with the biggest impact on your value.
Thirdly the peer-to-peer advisory board help you create your Profit Plan.
Your critical obstacle
1 Your 1st FastGrowth Project
2 Your 2nd FastGrowth Project
3 Your 3rd FastGrowth Project
YOUR GOAL FOR YOUR OPERATING PROFIT
Fourthly the peer-to-peer advisory board help you decide your next actions.
We work with you two answer these two important questions:
To refine your Profit Plan, what are your next actions?
To engage your Team in your Plan, what are your next actions?
Lastly the peer-to-peer advisory board help you take massive action.
The profound impact on you and your company of planing how to increase your operating profit is that you will significantly increase the value of our company.
If you would like to find out more about how The Alpha Group members plan how to increase operating profit then please get in touch and I will be happy to send you further information about visiting a suitable group, online, face-to-face or blended with a mixture of real world and virtual board meetings.