Date post: | 12-Apr-2017 |
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Small Business & Entrepreneurship |
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SMART BUSINESS STRATEGIES YOU CAN LEARN FROM FOOTBALL
6 SMART BUSINESS STRATEGIES YOU CAN LEARN FROM FOOTBALL
1. Focus on small moments
2. Coach your team
3. Call a timeout
4. Put the right player in
5. Ignore the scoreboard
6. Don’t listen to the critics
FOCUS ON SMALL MOMENTS — AND MAKE A BIG DIFFERENCE. 1 A football team has just 40 seconds between plays. How can your business use that time to make a difference?
THE FIRST FEW MINUTES.
= Of a new employee’s orientation, if handled properly, can lead to happier, more productive workers — and improved customer satisfaction.
Source: Harvard Business Review study, 2013
COACH YOUR TEAM FOR GREATNESS — AND HELP THEM TO SUCCEED. 2 When you coach and train your talent, you can always achieve your business goals.
BUSINESSES WITH SUPERIOR TRAINING ENJOY…
218% 24% HIGHER INCOME PER EMPLOYEE
HIGHER INCOME MARGIN
Source: American Society for Training & Development study, 2013
BE WILLING TO CALL A TIMEOUT. 3 Sometimes it’s best to step back, speak with
colleagues, solicit advice — and then make a decision.
“NEVER RUSH A BUSINESS DECISION.”
NORM BRODSKY Senior Editor to Inc.com
PUT THE RIGHT PLAYERS IN THE GAME. 4 Are you putting each team member in a role where they’ll succeed?
EMPLOYEE ENGAGEMENT IS A GAME CHANGER!
The 25% most-engaged employees outperform the least-engaged 25%:
10% better customer ratings 22% higher profitability 21% higher productivity
37% less absenteeism 48% fewer safety incidents 41% fewer quality defects
Source: Gallup report: “Five Ways to Improve Employee Engagement Now” (2014)
IGNORE THE SCOREBOARD — AND KEEP YOUR GOAL IN SIGHT. 5 Don’t let small setbacks or issues distract you from your big objectives.
“ONE OF THE BIGGEST MISTAKES [BUSINESSES] MAKE IS FOCUSING ON THE IMMEDIATE NEEDS OF THE COMPANY INSTEAD OF THE LONG-TERM VISION.”
MATT MALONEY Entrepreneur Contributing Writer
DON’T LISTEN TO THE CRITICS. 6
IT’S EASY TO BE A MONDAY-MORNING QUARTERBACK.
People will try to tell you what you “should” doing. Stick to the course you trust that is right for your business.
“STARTING A BUSINESS? IGNORE THE NAYSAYERS.”
ANGELA B. PAN Contributing Writer
6 SMART BUSINESS STRATEGIES YOU CAN LEARN FROM FOOTBALL
1. Focus on small moments
2. Coach your team
3. Call a timeout
4. Put the right player in
5. Ignore the scoreboard
6. Don’t listen to the critics
SMART BUSINESS STRATEGIES YOU CAN LEARN FROM FOOTBALL
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