by Wayne Griffiths | Jun 19, 2020 | Manufacturing business revenue
There is certainly a degree of softening demand across a few sectors currently, or at least some big fluctuations between monthly demand. The world is nervous. In a tough environment we need to be even more highly adaptable and flexible, and we need to make the most...
by Wayne Griffiths | Jun 19, 2020 | Family businesses, Improving manufacturing efficiencies, Manufacturing business revenue
Few things in business are more frustrating than low employee productivity as it usually results in low profit. Time and time again I see inefficiencies (waste) across business impacting negatively on productivity. If you haven’t already, it’s time to instil lean...
by Wayne Griffiths | Oct 18, 2018 | Manufacturing business revenue, Manufacturing team development
One of the greatest business tools you can have is a well-constructed performance indicator report that gives clarity around what’s working or not working. In your Management or Board Meeting it’s the tool that allows you to continually improve all aspects of the...
by Wayne Griffiths | Oct 18, 2018 | Increasing manufacturing cashflow, Manufacturing business revenue
Are you happy with your ‘hourly rate’? Unfortunately, many family business owners in Australia could be earning more as a salaried employee. When you take into account the hours they work and the return from the business, it’s a pretty dismal ‘hourly rate’. We see...
by Wayne Griffiths | Oct 18, 2018 | Increasing manufacturing cashflow, Manufacturing business revenue
The only way to grow sales is to first clearly understand why the current sales strategies and activities are not producing the desired results. It’s never one reason, which is why we developed The Revenue Generation Model below. This model looks in detail at the...
