Why am I doing this, What's the Purpose? #9. "Yard sticks to evaluate proposals".Learnaccountingfast

Опубликовано: 12 Август 2021
на канале: learnaccountingfast
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Why am I doing this, What's the Purpose?
#9. "Yard sticks to evaluate proposals".

https://colinburr.learnaccountingfast...


We all need a Yardstick for evaluating proposals.
Including those who make them.

Yard sticks should cover the following.
#1. Define the meaning of Kaizen and the elements of a good proposal.

#2. Allow people to evaluate proposals.

#3. Show people what they need to do to improve their proposals.

The 3 Effect of implementation:
#1. So-So: Measure if implemented immediately. ( amounts to small improvements.)
#2. Good: Improvement to a new level. ( A higher level has been achieved).

#3. Very Good: Higher levels and higher targets have been achieved. (job objectives can be accomplished more effectively).

The 3 Effect of idea development:
#1. The method is discovered accidentally.

#2. A concrete method is proposed. (The method deals effectively with various job requirements.)

#3. Proposed method has a dramatic effect. (The Method is very effective achieving job targets.)

The 3 Effect of Target setting:
#1. Mere wishful thinking.

#2. A higher level has been established. The job will be more, Pleasant, comfortable, safer, Undisturbed, Faster with better quality, more reliable and better organised.

#3. A dramatically different target has been set. I.E.
What's the purpose of the job, Can sales volume be multiplied, Can costs be reduced, Can we eliminate the process.

This system can be used to determine the kind of reward or bonus.

Another Business tip from Learn Accounting Fast.

This completes this mini series of constant and never ending business improvement.

Don't let your lack of knowledge hold You back

Increase your Financial intelligence, Learn and speak with confidence around Accounting, Money and Business.

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Translated titles:
मैं यह क्यों कर रहा हूँ, उद्देश्य क्या

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