8 Tips From a Company That Really Understands Business Growth

There are some companies that really understand business growth. One of those companies is a company that I’ve done some coaching and counseling for. That company is General Electric. I’m going to go over some of the reasons why I think GE really understands business growth.



GE says that number one, to be a successful company, you must manage your processes, not people. I couldn’t agree more. You must make sure, as a business owner, that you are constantly managing processes, because we can’t manage people; we can only coach people.



The second thing that GE says that I also agree with is to use a technique like continuous improvement. A third technique is to look at incremental gains. I always teach, "What is working?" Look at your company every day to be successful and ask what it working, and ask that of your employees.



Number four, General Electric says, has to do with measuring performance and customer satisfaction. I am 100 percent in favor of constantly asking your customers, "How are we doing?"



Number five, GE says you need to introduce products faster, and I agree. You have to beat out the competition.



GE also says, as number six, that you should be designing new products that really are efficient to manufacture. So I say, create new products or new services that you can provide in a very quick, easy, effortless, economical way.



GE, for number seven, says that you should treat suppliers and customers as partners. I carry that a bit further: I treat them as extended family members, my suppliers, my vendors and every single one of my valued clients.



Finally, GE says to manage your inventory in a superior fashion. I say to manage everything in a superior fashion, including yourself, including the way that you do business, including your personal life. So take these tips from one of the most successful companies and your business success strategist that’s here to help you. And while we’re on the subject, be sure to try out my Business Growth Site for only $1! What do you have to lose?



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Terri Levine is a marketing consultant and business growth Strategist who specializes in helping entrepreneur-owned businesses achieve record-breaking Business Growth.Try Terri Levine Business Growth Training Program for One Dollar : http://www.terrilevine.com/trial/