The Simple Steps to Measure Performance

Visualizing performance can really put things into perspective. In this episode Mark shares his positive experience using the “traffic light” system to measure performance. The Mastermind for Business program uses this system to evaluate program participants, and Mark uses this helpful system for both himself and his own team. The traffic light performance measurement system is a great tool to measure your business’ performance, your team's, and even your own. You'll be amazed how easy this is and yet what a powerful tool it will be in your business.The Mastermind for Business podcast is powered by Business Accelerator Mastermind, a coaching program that helps service business owners and professionals double their revenue whilst halving their time in the business. Each week, Mark Creedon, a Business Coach at Business Accelerator Mastermind, speaks with some of the best business minds in the world and shares simple, practical steps you can take to create the business you always wanted.About Business Accelerator MastermindBusiness Accelerator Mastermind is a hands-on practical program aimed at driving results fast. Spearheaded by Mark and Caroline Creedon and a range of highly qualified experts, the program will give you back the freedom you hoped for when you first started your business or professional practice. With his coaching program, Business Accelerator Mastermind, Mark helps business owners maximize their time, set and achieve goals, while remaining accountable.In today’s podcast Mark explores:The ‘traffic light’ systemCreating KPIs based on the traffic light systemVisualizing can really help people grasp the situation quicklyHow to use the traffic lights effectively - on yourself and your teamMastermind coaching and the monthly traffic light meetingCreating a timeline for improvementUsing the system for customer service or customer satisfactionSimple steps require less input from you as a leader - automationShare our podcast with someone who might benefit, like, and subscribe…and let me know of future topics you’d like to hear aboutResources/Links:Mark Creedon LinkedInMark Creedon FacebookBusiness Accelerator MastermindMastermind for Business Podcast----------About the Families in Business Podcast The Families in Business podcast is for family business owners who want to grow a thriving business together, without sacrificing the relationships that matter most.Each week, Mark and Caroline Creedon bring you honest conversations about the real challenges and opportunities that come with running a business as a family - from scaling and systems, to succession planning, to making sure the business serves your life and not the other way around.Whether you're in the early growth phase or thinking about passing the business on to the next generation, this podcast will give you practical strategies and a fresh perspective on the family business journey.----------About Your Hosts Mark and Caroline Creedon are business coaches with over three decades of hands-on experience helping Australian business owners build companies that give them more time, money and freedom. They understand the unique dynamics of running a business with family - because they live it themselves.----------Subscribe for More New episodes drop every week. Subscribe so you never miss practical advice on growing your family business, planning for the future, and building something that lasts.----------Enjoyed this episode? If this episode resonated with you, please leave a comment or review. It helps other family business owners find the show and join the conversation.