“Once upon a time, there was a contracting business with three partners. Each partner had a unique skill set, but they all ended up doing the same tasks for the company. The staff was confused, feeling like they had three parents instead of one cohesive team.
As a result, the business struggled to grow and innovate. The partners had many discussions, but they were unable to come to a conclusion or take any action. The staff felt overwhelmed by the lack of clarity and direction, and it led to duplication of effort and wasted resources.
Despite the partner’s unique skills, the business was not leveraging them to their full potential. Instead, each partner was focused on their own individual clients rather than on the success of the business as a whole.
As time went on, the business became stagnant, and the partners grew increasingly frustrated. They knew that they needed to take action to turn things around, but they didn’t know where to start.
The business was in danger of declining, and the partners realized that they needed to work together to create a clear strategy for growth. They knew that it wouldn’t be easy, but they were determined to succeed and create a stronger, more efficient business for the future.”
DOES THIS SOUND FAMILIAR?
Here are the top 5 points the contracting business can take to be successful:
1. CLEAR LANES – Clarify roles and responsibilities of each partner: The business should identify each partner’s unique skills and assign them specific roles and responsibilities based on those skills. This will help avoid duplication of effort and make it clear to the staff who to turn to for specific tasks.
2. VISION – Develop a shared vision and strategy: The partners should come together and develop a shared vision and strategy for the business. This will help them focus on a common goal and align their efforts towards achieving it.
3. ONE COMPANY – Focus on the success of the business as a whole: The partners should shift their focus from their individual clients to the success of the business as a whole. This will ensure that they work towards a common goal and leverage their unique skills to grow the business.
4. DELEGATE – Empower and train the staff: The business should empower and train the staff to take on more responsibility and make decisions. This will help the business grow and ensure that the partners are not overwhelmed with all the tasks.
5. AGILITY – Regularly review and adjust strategy: The partners should regularly review the business’s strategy and adjust it as needed. This will help the business stay relevant and adapt to changing market conditions.
In conclusion, the success of your business heavily relies on clear lanes of responsibility. Defining and communicating roles and responsibilities can help avoid confusion among staff, wasted resources, and duplication of effort. It also provides a framework for accountability and performance evaluation.
