The biggest contributor in creating your valuable business

If you’ve been tuning in for a while, you’ve heard me discuss the many contributing factors to building value in your company.

I’ve touched on attributes like growth potential, differentiation, financial performance, diversification of people, suppliers and employees, but you know what these all boil down to?

The SVO Model of Sustainability and Growth.

Simplicity - creating simplicity in as many parts of your business as you’re able. To the point where someone else can come in and relatively easily, pick up where someone else left off. Removing as much complexity, human interventions and the searching for data, information and decision-making as possible.

Verification - creating reliability in your business through the metrics that you track - new contracts, number patients, units sold, revenue, maintenance requests, sales calls, etc. Whatever makes sense in your business to verify and track, you have a reliable method to do so, and you can show a track record and history of these metrics.

Opportunity - your business has more opportunities for growth than you are able to actually capitalize on. There are ideas and directions you could take if you had unlimited resources and time. Yet you can demonstrate past growth and you continue to grow. You experience consistent sustainable growth in a part or all areas of your company. And you have an intention to continuing this growth in a sustainable and responsible way.

When you cultivate all three in your business and have a continuous improvement intention towards them, the value created can be exponential.

The SVO Model allows you to apply a level of focus that builds value at its heart, creates more ease and balance, and nurtures the behaviours of innovation.

Innovation doesn’t have to be wild and bold and scary. Innovation can be reflected in a new way to conduct a process or a new way to track or measure something. This is where the continuous improvement comes in.

It keeps your company, your people and the way you do business lean and agile.

This contributes to creating a sustainable company that can weather uncertainty.

It lends itself to stability and taking intentional and well-thought-out action in your company.

How can you apply the three components of the The SVO Model to your business: Simplicity, Verification and Opportunity?

I would love to discuss this more and how this concept can relate to YOUR business.

In the meantime, take a look at this resource that could support you along the way.