How can you build a high-performing business?

To take your business to the next level you want to create a high performing team. So, how do you do this?

1. Attracting and hiring the right people – knowing who the right people are and when the right time is to employ them
2. Retaining the right talent – creating a culture and environment that encourages people to stay and flourish.
3. Succession planning to build future leaders – when the market and economic environment changes, you have high-quality talent ready to take the next step.
4. Achievement-focused leadership – considering performance over compliance and outcomes over activity. Rewarding and recognising people based on outcomes.
5. Removing assumption and bias in decision-making – encourage diversity of thinking by broadening the concept of diversity, equity, and inclusion. Seek to ask more questions, really listen, and act on facts or calculated assumptions to make decisions based on controlled risk.
6. Coaching mindset – seek to question rather than tell.
7. Focus on the future – developing skills, capabilities, and mindsets of people. Always have tomorrow in mind.
8. Consciously build your employer brand – your brand, reputation, IP, and culture all make up your employer brand, which influences perception and action from employees, customers, society, future talent, and shareholders.
9. Pulse check your organisational health – across all levels and regularly throughout the year to understand the balance r people, processes, culture, and strategy.

Building a high-performing business isn’t a once-a-year activity. It is something that you have to be consciously aware of in the good times and the bad. By being aware and focused on the right activities, you minimise any risks and maximise the opportunities for your business to grow even further.