I want to let you in on a business coaching secret--simple scorecards not only give you meaningful feedback, but more importantly, they automatically focus your attention on those fewer, better things that make a difference in your business.
How does this impact you as you scale your company? Simple, in order to scale your business you need a rock-solid base in all the five core pillars of your company:Sales/Marketing; Operations; HR; Executive Leadership; and Finance.
One way to do that is to have a clear structure to help you evaluate how you're doing in each pillar, and to guide you to incrementally improve pillar by pillar as you grow.
In this article I'm focusing on your Leadership Pillar (I've addressed the other pillars of your company in other articles.)
Here is a simple scorecard that you can use each quarterly to make sure you're continuously improving your "Leadership Pillar".
Each quarter, rate your company on a scale of 1-10 (with 10 being best) on each of the following six aspects of your Leadership Pillar:
Now that you've rated your company's Leadership Pillar on these 6 key sub-functions, what key insights jumped out at you?
Which ONE sub-function would most benefit your company to focus on improving over the next 90 days.
Then ask yourself, what three simple steps could you take this quarter to improve your score in this one sub-function by 1-2 points or more.
By breaking things down into bite sized chunks and doing this each quarter you'll be amazed at the compounded growth your business will enjoy over the next few years.
Also, to help you grow your business and get your life back, we just put the finishing touches on a powerful free toolkit which includes 21 in-depth video trainings on how to intelligently scale your company. To access this free toolkit click here. Enjoy.