Business success consists of making the right decisions about product, pricing, and distribution. A business that makes the wrong decisions in any of these areas is unlikely to survive for long. But there’s a key difference between product, pricing and distribution on the one hand, and project management on the other. You can succeed with a mediocre product or pricing strategy, if you execute it brilliantly. But you’ll fail with the best strategy in the world if your execution is poor. Project management is what turns great ideas into great products. If you are working on a project today, whether at work or at home, ask yourself: how much time do I spend thinking about my idea versus how much time I spend making it happen? If you’re like most people, you probably think about your idea quite a bit more than you do anything else. As a result your idea comes out worse than it could have been, and takes longer to arrive than it should have done.
You need to scale your workforce
By the time you read this, our office will have doubled in size. It is a huge change for us, and from what I’ve gathered from previous employees of other companies, moving to an office is always a strange experience. The most stressful part for me is worrying about how the new employees are doing. There’s no way to really know how things are going until they’re on board for a few months, but I feel like there should be some way to get a better idea of how people are adjusting.
I know that with previous hires we’ve given new employees some kind of questionnaire asking them how they’re doing, but I can’t imagine anyone filling that out honestly. It’s just not something people do. They might say “sure,” and then make up their answers while they nod along in the meeting. It seems like it could be good to ask these questions anonymously first, so that everyone can feel comfortable being honest. But it also has to be face-to-face or over the phone or something so that you can actually learn what’s going on instead of just reading answers off a page.
Use Project management tools
Project management software can help your business to grow and make profit. Project management software is a tool that helps you to run your business effectively. It gives you the chance to finish projects in time and budget. You can keep track of all tasks, monitor work of each team member, and make sure your clients get the best service. Project management tools let you keep track of all tasks, resources, documents and communication in one place.
You can organize tasks by projects and set deadlines for them. It will be easy to track if everything goes according to plan or not. You’ll see which team member is on time with the task, which one needs help, which one might need more time to complete it and when the project will be done. What’s more important – you’ll have time to do something with this information.
Focus on growth
Business plans are inherently strategic. You start here, and want to go there, and you need to figure out how to make that happen. But let’s be honest: it’s very hard to predict the future. While I do think you should have a general idea of where you want to go, I think trying to plan every little detail is a recipe for failure. So instead of trying to predict the future, we’re going to try something different. We’re going to try starting with what’s true now and see where that takes us. This approach of not-knowing where we’re going is called emergent strategy. This kind of thing can feel like wandering aimlessly in the wilderness for a long time before finding your way home. But there are two advantages: 1) you know where home is, and 2) you’ll often find shortcuts along the way that get you there faster than if you had just marched in a straight line from here to there.
Automation boosts your success odds
To grow your business, you need to make sure that your employees are working effectively and efficiently. With a lot of the work being done outside of the office, you need to be able to keep track of their work. This is where time tracking software comes in. It’s not just about time tracking though (although this is an important part of it). You also need to keep track of other metrics like billable hours and revenue. You can do this by automating your employee reporting. It’s a simple process that will help you manage your employees better.
PMS tools
PMS tools help your business to grow. Plan, schedule, and track all your projects and tasks in one place. Our integrated project management software is built on the same platform as our CRM, so you always know exactly where your business stands. Bring everyone together in one place with a shared workspace where all your project information is stored and updated in real time. Get visibility into the status of every project, including who’s working on what and when it’s due. Share documents and files related to a specific project in one secure location that’s accessible anywhere, anytime. Create branded proposals in minutes with beautiful templates you can customize to match your company’s look and feel.
Conclusion
The ubiquitous nature of project management software has woven it into the fabric of business. The number of businesses and teams that use project management systems to track workflows, deadlines and end results are growing at a fast pace. This makes sense because a project is a series of related tasks and initiatives that ultimately lead to achieving a certain objective. But, where do you start if you need to set up an efficient workflow on your own, without all the bells and whistles? If that’s what you need then take the right steps now.
