Performance efficiency

The important approach to make your company more efficient, competitive and profitable is to improve performance. By structured procedures of:

Measuring performance
Identifying where improvements are needed
Finding effective ways to achieve improvement and learning from others
Involving your staff and implementing the required changes
Monitoring and taking appropriate corrective action

The first step is to get a better understanding or your business by measuring performance.  This may involve:

Understanding your market and meeting customer needs and expectations
Looking at and controlling fixed and variable costs
Assessing business process
Evaluating efficiency and productivity
Product development