Management Tip: How to get one percent better every day
Defining goals and successfully implementing them is usually easier said than done. One of the reasons for this is that the goals have not been well documented or concretely formulated. Lack of discipline can also be an important factor in the implementation of the planned goals.
The bestselling author Alan Weiss proposes the "One-Percent-Rule". With this "1 percent approach" one aims to be better every day by just one percent. Purely mathematically the ability of one´s own will double itself every 70 days. Imagine you could build up such a clear advantage in your business. You probably ask yourself how to do something like this: You must be open to learning, and use every opportunity to experience something new. This can be done in different ways, for example, an article in a trade magazine, a tip from a colleague, an important note in a blog or newly acquired skills from a seminar. The possibilities are practically endless, you simply have to be attentive and take every opportunity to learn something new or innovative and try it out.
In addition to your actual subject area, there are many other areas where you can improve further. Just think about how you could better negotiate agreements with your customers, how you could make presentations more successful and how you could stay motivated every day despite setbacks and stress. Or how to optimally prepare for customer meetings, how to develop your leadership skills, and how to improve your innovation skills. The list can be continued indefinitely.
The "one per cent approach" helps you to continuously improve and stay one step ahead of the competition. This can also lead to innovative product and sales ideas. For example, freelancer Amor Daouadi offers his customers a discount of 10 percent if they pay the total amount at the beginning of the project, and he guarantees professional and high-quality consulting work. This way he achieves a completion rate of 75 percent. This method is particularly successful with large companies, as many department heads and managers know that their project could no longer be overturned by any cost savings.
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This article was published in the Freelancing.HK-News 63.