fbpx

The 6 R's. Business Doctors Newport?

About

Matt Preece

Matt Preece

Director at Business doctors Newport

Follow Business doctors Newport

Tel: 07551745107

The 6 R's

Return

Individual responses will vary but in the main people want to get back to work. A lot of responsibility is placed on the business owner as the leader to take all the necessary measures. They need to establish clear ways of working, manage own liabilities and ensure good staff welfare.

Renew

Current situation has been a massive test of strength of business foundations, reflections for what matters most. Step back to renew - Have your personal aspirations changed? What is the core purpose of your business and what is your plan for the next 180 days.

Review

How has Covid affected/impacted the environment in which your business operates? What changes are permanent v temporary, consider how things are likely to change longer term.

Refresh

Refresh your Business model and approach. Where does your business make most of its money? What products and services are in the greatest demand? What expenses are avoidable? What needs to be sectioned now?

Revive

Plan your skills and capabilities for the new market and opportunities. What skills do you need? What are you great at, what are you not so good at, leverage your strengths!

Regenerate

Importance of great leadership. Engage with those around you, your team, customers, suppliers etc Reorganise yourself - clear goals with milestones. Focus areas: sales & marketing-people-finance + cash flow- supply chain and IT.
Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email
Share on whatsapp
WhatsApp