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Improving Profit Performance – There are two sides to the coin

September 17, 2012 Dean van Leeuwen Change, Strategy, Thought-provoking ideas No Comments

There are two-sides to profit. There is profit (or loss) from a product, a service or a new business venture. Then there is the profit (or loss) people get from relationships with business.  This is the more important one because it determines the degree of financial success. For shareholders, profit is purely financial but for others profit may be the profit they get from an enjoyable job, working with interesting people or  leading an exciting project. For others it may be the pleasure of buying a product that delivers what it says on the tin or a friendly chat with a call center agent.

Profit comes in different formats. To enhance financial profit we need to improve customer’s profit, supplier’s profit, environment’s profit, society’s profit and then you will truly  have created something sustainable.

 

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The main contributors to this blog are:

Dr Graeme Codrington, co-founder of TomorrowToday, author, speaker and expert on the changing world of work
Dean van Leeuwen, co-founder and CEO of TomorrowToday UK & Europe, speaker, consultant and Chief Intellectual Adventurer
Keith Coats, co-founder of TomorrowToday South Africa, leadership development guru, speaker and author
Professor Nick Barker, director of the Asia Pacific Leadership Program at the East-West Center in Hawaii, leadership development expert
Markus Kramer, marketing director for Aston Martin and brand building expert
Keith Holdt, Visionary Enabler of business growth and change, currently works for LDC as an investment executive.
Dil Sidhu, Chief External Officer, Manchester Business School; Executive education specialist.
Dawna MacLean, expert on fostering meaningful change and creating authentic experiences through transparent and trusted partnerships.

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