Are you immersed in the what’s-going-on-now in your business or the big picture?
In other words, are you too close to the tree to see the forest?
If this sounds familiar, you’re not alone. Too many of us spend too much time in this mode.
But spending too long in this mode leaves you reactive, drained, and can potentially harm the long-term success of your business.
Ask yourself if your daily tasks are just taking up room on your to-do list? Or are they helping you make the moves to build a profitable and stable enterprise?
In other words, are you focused on the work that could help your company realize profit potential (forest)…or is it just filling up the time (trees)?
That’s why it’s crucial to take time to step back from the tree and see the full picture weekly. Look at the seemingly less urgent but likely more important moves that could improve your profits, like:
- Bid jobs accurately & charge what you are worth
- Diligently track and bill for change orders
- Sell brands and categories that produce higher margin
- Accurately measure your profit margin & payroll
But how do you know when it’s time to step back from the trees and see the forest?
Data.
Using business intelligence to recognize and analyze your data allows you
- To step back from the tree and see the full picture.
- To validate what you are doing against what others do.
- And, most importantly, to guide your business to success.
If you want to dig deeper into how business intelligence can improve your business, check out this article from YourTechDiet. It’s a great read on why business intelligence is important and the tangible ways it can help you.
Raise your business IQ. Back away from the tree. Take in the forest.
Stay VITAL,
Matt & the team
