Business Operator

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Business Operator Free

By EdApp
8 Lessons
4.2
(9 reviews)

Explore throughout this course how a business operator generates profits consistently in line with company targets.

From the author:Explore throughout this course how a business operator generates profits consistently in line with company targets. The eight part course guides learners through the ins and outs of running a business smoothly and successfully. If you want to know the exclusive tips successful companies utilise, this course is for you.

Business Operator Lessons

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  1. Introduction
  2. Master the Economics of the Business
  3. Set Direction and Plan
  4. Keep Things Simple
  5. Operational Follow Through
  6. Hold People Accountable
  7. Strong at Issue and Risk Management
  8. Review

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What you will learn

  • Set Direction and Plan
  • Master the Economics of the Business
  • Strong at Issue and Risk Management
  • Hold People Accountable
  • Operational Follow Through
  • Keep Things Simple

Business Operator course excerpts

Introduction

Learn the set of skills and behaviors that a business operator has
Business Operator Course - Lesson Excerpt

Business operators generate profits consistently in line with company targets.

Introduction

They master the economics of the business to continuously improve bottom-line results.

Introduction

They know how to set a direction, plan, and budget to achieve company vision and goals.

Introduction

Business operators need an operational flow to ensure profitable growth.

Introduction

Master the Economics of the Business

Learn how mastering the economics of business can continuously improve bottom line results
Business Operator Course - Lesson Excerpt

Ways of Thinking What should business operators consider?

Master the Economics of the Business

They need to understand how they make money and how they can continue to.

Master the Economics of the Business

They should be able to read and analyze financial reports.

Master the Economics of the Business

Make sure they fully focus on growthful capabilities.

Master the Economics of the Business

Why should you build a feedback system?

Ways of Learning

Master the Economics of the Business

Ask other leaders whose work is highly profitable, to share some of their financial management secrets.

Master the Economics of the Business

Ask a finance expert to walk you through financial reports and request insight on managing profits.

Master the Economics of the Business

Review some of the readings to develop an understanding of basic financial concepts.

Master the Economics of the Business

Set Direction and Plan

Learn how to set a direction plan to reach your goals.
Business Operator Course - Lesson Excerpt

Plan and budget to achieve company goals

Set Direction and Plan

Ways of Thinking

Set Direction and Plan

Be clear on what you want to become and how to get there.

Set Direction and Plan

Use detailed planning to prevent problems or minimize risks

Set Direction and Plan

Follow up with everyone on the project's progress

Set Direction and Plan

Ways of Learning

Set Direction and Plan

Talk to several leaders and ask for useful information when implementing their objectives

Set Direction and Plan

Prepare an implementation plan, with a detailed breakdown of tasks.

Set Direction and Plan

Include a communication plan to constantly keep company staff informed

Set Direction and Plan

Set up procedures for receiving regular updates about progress against the implementation plan

Set Direction and Plan

Keep Things Simple

Always keeps things simple and do not complicate them.
Business Operator Course - Lesson Excerpt

Keep Things Simple

Keep Things Simple

Keep Things Simple

When a new solution is needed, hold a brainstorming session with your team.

Keep Things Simple

Generate ideas about alternative approaches.

Keep Things Simple

When you have selected a solution, ask colleagues from other groups to review the planned solution.

Keep Things Simple

Operational Follow Through

Learn to ensure profitable growth, and leverage all assets and capabilities available.
Business Operator Course - Lesson Excerpt

** Operational Follow Through**

Operational Follow Through

Ways of Thinking

Operational Follow Through

Action Plan Creating value depends on executing a well-conceived plan

Operational Follow Through

High Expectations Create expectations for each person and follow up with them to ensure that they are on track.

Operational Follow Through

Predict Potential Issues As long as work is progressing as planned, don't intervene

Operational Follow Through

When work is not progressing according to the original plan What should you do?

Operational Follow Through

Hold regular meetings to review progress against the plan and identify ways to cope with emerging issues.

Operational Follow Through

Ask team members to provide regular and brief status reports.

Operational Follow Through

Describe targets achieved and planned for the next month and potential issues that might occur

Operational Follow Through

Set weekly times to follow up with team members to learn about progress on their assigned tasks.

Operational Follow Through

Hold People Accountable

Discover how a business operator holds people accountable for high standards of quality work.
Business Operator Course - Lesson Excerpt

Identify Metrics Track performance using clear tasks and measurable goals.

Hold People Accountable

Hold People Accountable

Business operators commit to high levels of client service and tolerate nothing else.

Hold People Accountable

They want the quality of work performed for clients to be consistently high.

Hold People Accountable

Ways of Acting

Hold People Accountable

Meet with your team to discuss and clarify yearly goals and targets.

Hold People Accountable

Prepare a detailed target schedule and review it with the team.

Hold People Accountable

Select a method to keep everyone informed about the target's progress. (e.g. regular meetings)

Hold People Accountable

Provide frequent feedback about the progress of yearly goals to be achieved.

Hold People Accountable

Complete this sentence: When your organization's targets change

Strong at Issue and Risk Management

Understand how business operators manage risks
Business Operator Course - Lesson Excerpt

Strong at Issue and Risk Management

Strong at Issue and Risk Management

Respect and appreciate other people's feelings even if you diagree

Strong at Issue and Risk Management

Review

March past what you have learned in all the previous lessons.
Business Operator Course - Lesson Excerpt

Business Operator

When work is not progressing according to the original plan What should you do?

Business Operator Course Author

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