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More Management Control
Many small businesses have no idea how they are doing until once a quarter
they get back some accounting reports from their accountant. Even then they
dont learn everything they need to know how well their business is functioning.
Many business owners tend to fly by the seat of their pants, guessing from
certain intangible factors how things are going. Not knowing with certainty
whether you are making or losing money can be very stressful and anxiety producing.
There is a tendency to focus on fighting fires and identifying scapegoats
when there is no real overview on the overall business performance.
The KiBizSystem takes away the anxiety and stress of uncertainty by giving
an owner and manager instant management status reports. Managers shift their
focus from people behaviors to business system processes. With a click
of a button you can know how many outstanding quotes, orders, purchase orders,
invoices you have. You can know the current costs on production jobs.
You can know the profit margins on quotes before they are approved.
You can know the current inventory on each product. You can know which
products need to be reordered and which are backordered. These dynamic
management status reports will give you the control you need to manage your
business more effectively with a lot less stress.
By having more information at your fingertips, you will be more informed to
make better management decisions. You will have the ability to analyze
your processes more deeply to see what is working and what isnt.
From this perspective of greater certainty you will see more possibilities
and have greater flexibility to respond effectively since you wont be
as driven by the anxiety of not knowing.
More Effective Management Style
When a manager is consumed with minor details and fire fighting, there is
little time or energy left to see the bigger picture and provide the leadership
necessary to be a successful company. KBS management controls can free the
manager to use their time more effectively. The KBS gives a manager greater
controls over your business processes. There are built-in customizable
mechanisms to make sure that certain conditions set by the manager are met
before a business process can be completed. For example, a quote can't
be approved and turned to an order until the profit margins are within a certain
range, a deposit is made, and credit has been approved. This gives the
manager the ability to control the quote approval process with software. By
knowing that this control is in place, it frees the manager to play other
roles such as a coach or an inspiration leader to the staff.
Better Problem-Solving Capability
The KBS increases the ability for all managers and staff to solve business
problems. By having one common fully integrated business system it is easier
to search and find the source of a problem. There is no need to open
hundreds of separate documents to find what you are looking for. The
KBS gives everyone the ability to drill down to see the detail from transactions
or processes. It is much easier to see the connections and spot the relationships
between key data elements to understand the nature of problem. The KBS
has easy to use Find Menus from which to conduct searches, as well as
each field in the entire system is searchable. In addition there are
dynamic data portals to bring up all related data based on your selection
of key filters. So, the fact that all data is related in one system
significantly speeds up the problem solving and trouble shooting process.
For example, if the sales person who usually deals with a customer was sick
one day, and you needed to know how the negotiations were proceeding to make
another quote that day, all you would need to do is reference the contact
activity history to learn what has transpired. There you could see all the
activities with this client, such as phone call and meeting notes; faxes,
emails, letters that have been sent. Now, you can make an informed choice
as to what to do next, and the problem is solved. Or, you want
to know how many customers owe you money on invoices that are more than 30
days old. Presto, you can create an Accounts receivable report.
There are over 50 built-in reports and it is easy to create more custom reports.
Better Teamwork and Coordination
Many small businesses dont have a clear source of information that is
available for people to find out what is happening. So, there is a tendency
to rely on gossip, rumor, and innuendo to find out. This lack of clear
reliable information slows down the business process and makes everyone less
productive. A closed or unorganized system creates a business culture
of distrust and insecurity. The multi-user KBS reverses this trend to
foster a open information culture that inspires trust, supports teamwork,
and enables greater coordination.
By having a credible database that is continually being updated which all
staff depending on their access privileges can refer to, keeps each staff
informed as to what has already taken place, what is currently occurring,
and what needs to happen next. With this information it becomes easier
to play their roles and be a contributing team player. It enables each
department to better understand the workloads and processes of other departments,
so they can then better coordinate their processes. A reliable data
source makes it easier for one staff member to pick up where another left
off, or who to see if there is question or problem. Overall, KBS as
a multi-user integrated business system develops greater cohesiveness and
coordination amongst the entire staff to make the business as whole more responsive
to its customers.
Empower Staff for Greater Accountability and Responsiveness
Often times in a company or department, one or two people keep all the key
information in their head, and others become dependant upon them in order
to make decisions or get things done. The hoarding or withholding of
information can be de-empowering to other staff, for they are limited in their
ability to respond to a customers needs. They have to put the
customer on hold, while they try to find this special person. It would
serve the customer faster if all they needed to do was to find the information
in the database. An employee who is not given the information they need
to do their job, can use this as an excuse or reason to not be responsible
or accountable. They can play the victim or poor me
role and blame others or the company for their lack of performance.
Likewise, the manager can blame them for not performing up to expectations.
This vicious cycle of blame and complaint is a lose-lose situation for everyone,
the employee loses, the manager loses, the company loses, and the customer
loses.
The KBS breaks this losing cycle by empowering employees with the appropriate
information they need in a timely manner. If they are taking an order from
a customer, they can access their purchase history and see if they have an
outstanding balance. If, they are making a quote they can get the latest
pricing and discounts and see how many are in stock. Data such as this is
critical in making a quick accurate sale. A manager can give the sales
rep read only access to the pricing so they can be assured that prices wont
be changed inadvertently and yet, the sales rep can give the customer accurate
information and proceed with sales process. So, this is just one example
of how the KBS can enable employees to be empowered so they can be more accountable
and responsive to produce optimum results.