Profit Maximization!

Years ago an executive announced: It’s time for the annual Austerity Program!

Could anything be more uninspiring than an austerity program when trying to rally the troops?  Most people don’t jump out of bed and ask: How can I be more austere today?  Just pull the covers over my head and tell me when it’s over.

Yet in this topsy turvy economy that we’ve experienced for the past couple years, we have had to cut costs and be mindful of expenses.

While that’s the present reality for most organizations, there’s a more empowering way to get the similar results.  What would happen if organizations focused on a Profit Maximization Program?

Wouldn’t that be more fun and interesting?

There’s a school of thought that says that to attain the results that you want,  thoughts words and actions need to be focused, aligned and consistent with what you want, not what you don’t want.

So, if you don’t want more “costs and expenses” chances are, what you do want are more profits…  hence a profit maximization program!

What are some of the ways that you could maximize profits?  While some of the actions taken might well result in cutting costs, the focus, or your intention is to increase profitability.

Remember – what you focus on is what you get.  Focus on costs… guess what – you’ll get more costs.  Focus on profits… and see what happens!

What are some of the ways you have maximized profits? If you have ideas that could benefit others, please share your ideas and suggestions on this blog!

Let’s radically collaborate!

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