Why Develop The Business?

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Presentation transcript:

Why Develop The Business? Judi Haigh 02.09.2008

Why?

To improve and maintain the quality of service To ensure business is competitive in a challenging market To maintain sustainability of business To remain commercially viable and profitable

How?

Improve Quality of Provision - how? through training and qualifications received by the workforce which ultimately has an impact on the overall quality of service provided. Which can have …

positive impact on customers and their experiences. positive impact on business by building a good reputation.

Ensure business is competitive – how? By creating a highly skilled workforce, through continuous professional development, the business can generate satisfied customers and become competitive in a challenging market. Which can lead to ..

Established links with other service providers Repeat business Referrals and recommendations from satisfied customers

Sustainability – how? By balancing the needs of the business and focusing on stakeholder interests. By improving knowledge and skills for the workforce, to ensure they are kept up to date with trends, legislation and industry developments.

Commercial/Profit – how? By being commercial in approach and business focused through a clear business plan. Through continuous professional development to ensure the workforce are motivated, productive, loyal and happy. This in turn can reduce costs for staff turnover, absenteeism and recruitment.

Communication is also important when developing the business Effective communication can create a positive team working environment. Strong management structures and clear lines of reporting can create focus in the team. Regular feedback to all staff on results and performance can ensure the team will gain ownership of achievements/targets.

Workforce are key to the development of your business Investing in the workforce through appropriate training and qualifications can ensure a high quality service is given and that business is competitive and successful for many years to come.

CMS Vocational Training can help you with this Through funding and support we can help you to develop your business and achieve your targets. Through face to face meetings and skills analysis we can help you to build your business in order to achieve goals.

What are the benefits of developing business? For the Employer Increased value Generate more investment Stakeholders happy Increase/develop reputation

What are the benefits of developing the business? Employee Stay in full and continuous employment Receive investment through training and development Job Satisfaction Quality of life

What are the benefits of developing business? Economy/General Contribute to lower unemployment Add to economy through employee tax and NI contributions Help to build consumer confidence

These are just a few reasons why we should develop the business Thank you for your attention during my presentation Any Questions?