Family Business Scalability. Can You Ramp Up Your Business?

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You have to respect the streak, as your ramp up!

Are there patterns for success? Is there a blueprint, a model to help the team migrate your business from entrepreneurial to managerial? Is there formula to insure your accomplishments are scalable?

In electronics, scalability is the ability of a system, network, or process, to handle growing amount of work in a capable manner or its ability to be enlarged sufficiently to accommodate that growth. An analogous meaning is implied when the word is used in a business context, where scalability of a company implies that the underlying process model offers the potential for economic growth within the company.

“If you think you can or
you think you can’t,
you’re right.”
— Henry Ford

Scalability, as a property of systems, is generally difficult to define. A system whose performance improves after adding hardware, proportionally to the capacity added, is said to be a scalable system.

The concept of scalability is desirable in technology as well as business settings. The base concept is consistent – the ability for a business or technology to accept increased volume without negatively impacting the profitability or the long term.

Henry Ford has been credited with the quote, “If you think you can or you think you can’t, you’re right.” Ford’s quote describes a self-fulfilling prophecy. A self-fulfilling prophecy is a prediction that directly or indirectly causes it to become true, by the very terms of the prophecy itself, due to positive feedback between belief and behavior.

“A player on a streak must respect the streak, if you think you’re playing well because what you do, then you are.”

Players, companies on a streak have processes. Even if the process is always putting your left skate on first, double knotting only one shoe or always eating the same thing for breakfast on game day, it’s a process. The discipline to respect your streak is one of the Quality Principles. Desired scalable results occur when events, opportunities and resources are managed by a process. Understanding, identifying and managing the interrelationships’ is a key and one of Leaderships greatest responsibilities.

In life, unlike the movies or a video game, seldom if ever is there that twist in the plot, the witness who capitulates under cross examination.

Our work, our lives are not the subject of fiction; it’s to all our benefit to believe and create positive self fulfilling prophecies. Keeping success rolling, making changes are what you are all about, that what Awesome Teams do!

Success and positive changes can be linked to a number of tools:

· Habits
· Beliefs
· Goals
· Metrics
· Adjustments

Let’s continue to exploit our common self-fulfilling prophecies. Communication, habits, practice and adjustments are keys to the streak. These tools are vital in scaling up.