Review current method of operations
Facilitate team ideas for change
Achieve team ‘buy in’ for change
Plan, implement and oversee change projects
.
Processes can sometimes get into a ‘rut’.
As a business owner there are times when you don’t see the forest for the trees, as you’re too close to the action. A logical thinker is a great asset to come in and ask ‘why are we still doing it this way?” There’s lots of new systems and methods around to do things more efficiently and cheaply, we sometimes just need some external help to see it.
FAQS
Systems Controls & Process Improvement
Often when we’ve been in business for a while we get into bad habits and people often say “Well this is just the way we do it…” Business owners get tied up with handling day to day operations and struggle with time to implement easy to follow procedures for staff. Sometimes it’s good to have a fresh pair of eyes looking at processes to find efficiencies. CFOs are very logical people who’ve seen many different business types and relish the opportunity to work out ways to improve efficiency and profitability.
Have you ever heard of the term ‘The Expert From Afar’? Sometimes a bit of ‘new blood’ or an injection of new energy and thinking helps a team to get reengaged with business improvements. Business owners are often busy running day to day stuff… so utilising an outsider with no bias can be advantageous to implementing change. Teams often feel more comfortable giving honest feedback to an outsider rather than the boss.
When a new owner walks into a business they want confidence they will be able to run the business smoothly. If all the knowledge in the business walks out the door in the head of the previous owner it creates much inefficiency and lost opportunities. Systemisation is part of ‘Due Diligence’ that is done by new potential owners. If systems are poor they will use it to seek a discount for the inconvenience of having to reinvent the wheel themselves.
Testimonials
If we aren’t in your area, we can do it virtually!
Chat with a Virtual CFO?
I’m interested in learning more about Virtual CFO services: