Are You Setting The Right Standards For Your Business?

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. You shouldn’t just hastily start your business. You should also have standards and guidelines for it. The following contributed post is entitled, Are You Setting The Right Standards For Your Business?

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The right standards within your business might be very different to the industry’s standard as a whole, but this doesn’t have to be a bad thing. After all, we all work in our own ways, and the market fosters and celebrates innovation. However, you need to make sure your thoughts and goals are shared by your company as an entity.

You need to be sure that your employees or team members all pitch in like you do, and that you’re committing to a standard that your customers enjoy. So, here are some of the best methods for staying on top of maintaining the standards you really want your company to have.

Pexels Image – CC0 Licence

Define Your Standards

The first thing to do is realise what you want out of your company, and the kind of actions you want everyone working for you to uphold. After all, you’ve got values, and you want your business to grow based on them, so make sure you’ve got a pen and paper, and write down all your thoughts about what you want to see in a working environment every day. Turn them into actionable goals based on these points.

Make Sure There’s a Controlled Measurement

Now, once you have some standards written out on paper, you’re going to need to come up with some ways to objectively measure them. Of course, the biggest mark of success is a bigger profit than the month or year before, but before you reach a stage like that, you’re going to have to get into the details.

So, set an example to your team, then make sure you assess their skills and delegate tasks out accordingly, and always congratulate people on a job well done. Give them targets to reach, and never let a completed goal go unrecognised.

And don’t forget about the inhuman factor either. Run regular inspections on all office equipment, make sure guidelines are written out on how to deal with them – using LEM Products here is the easiest way to get the message across – and consistently update and maintain both software and hardware for a smooth working performance.

Get Ready To Coach Your Staff Through It

And then we come to the fact that some of your team members are going to perform under the standard you want. In situations like this, you need to put in a little more time and effort to really get the best out of them.

They might be finding it hard to adjust, or they might just need a little more coaching from the person who sets and maintains the goals. Simply put, if you really want your team to rally together on this, make sure you put in the work yourself and show them how it’s done!

The right standards in business are entirely up to you. Make sure your vision is shared by everyone else in your company, and always hold regular inspections to ensure your company’s infrastructure is performing as well as you are.

Author: anwaryusef

Anwar Y. Dunbar is a Regulatory Scientist. Being a naturally curious person, he is also a student of all things. He earned his Ph.D. in Pharmacology from the University of Michigan and his Bachelor’s Degree in General Biology from Johnson C. Smith University (JCSU). Prior to starting the Big Words Blog Site, Anwar published and contributed to numerous research articles in competitive scientific journals reporting on his research from graduate school and postdoctoral years. After falling in love with writing, he contributed to the now defunct Examiner.com, and the Edvocate where he regularly wrote about: Education-related stories/topics, Science, Technology, Engineering and Mathematics (STEM), Financial Literacy; as well as conducted interviews with notable individuals such as actor and author Hill Harper. Having many influences, one of his most notable heroes is author, intellectual and speaker, Malcolm Gladwell, author of books including Outliers and David and Goliath. Anwar has his hands in many, many activities. In addition to writing, Anwar actively mentors youth, works to spread awareness of STEM careers, serves on the Board of Directors of the Friends of the David M. Brown Arlington Planetarium, serves as Treasurer for the JCSU Washington, DC Alumni Chapter, and is active in the Dave Ramsey Financial Peace Ministry at the Alfred Street Baptist Church. He also tutors in the subjects of biology, chemistry and physics. Along with his multi-talented older brother Amahl Dunbar (designer of the Big Words logos, inventor and a plethora of other things), Anwar is a “Fanboy” and really enjoys Science-Fiction and Superhero movies including but not restricted to Captain America Civil War, Batman vs. Superman: Dawn of Justice, and Prometheus. He is a proud native of Buffalo, NY.