In any organization, the bottom-line numbers tell the overall success story. You’re either making money, or you’re not. And if you aren’t making money, it’s probably because you’re spending too much money — or wasting it. While there are some obvious ways to note when a company is wasting money — such as purchasing a very expensive piece of equipment they neither need nor can afford — there are some money wasters that aren’t as obvious.
Wasted time is a big corporate money waster. And nothing wastes employees’ time like re-doing a project over again — and again. And most of the time, you can avoid the need to re-do work with proper planning.
While every organization will have different planning needs based on their individual assignments, you can follow some of these tips before you get started on most any project:
- Get all the details. You need to have all the details before you begin the job. Do your best to persuade your own supervisor or anyone who oversees this project that you can’t begin until you have the whole scope of the project. Often it’s one minor missing detail that throws a whole project off course and is the reason for much extra work.
- Get yourself a contact. You should have one and only one person who you communicate with about the details on this project. Having too many decision makers on the job often creates chaos.
- Create and follow a time-chart. You should try to figure out how many hours you’ll need to get the job done. This includes the total hours you will need to be on the job, as well as your employees. Then, keep track of the time everyone puts in for this job on a daily basis, and make sure you are staying on target.