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Culture Is Important!

There are many attributes to creating a successful long-term business

, and every performance accountant in the world knows that. No one attribute makes a successful business, but a combination of attributes will significantly contribute to long-term successful business performance.

These include listening to team members, customers and suppliers; learning from their comments and making changes if necessary. Virtually every week something is changing in business. To be successful, you need to keep on top of the ever-changing business climate.

Why You Need A Performance Accountant: Helping Everyone Get Along Well

Business operators need to encourage loyalty from their team members, suppliers and customers. These people will also expect loyalty from management, directors and owners.


Why You Need A Performance Accountant: Analyzing Important Marketing Tools For Feedback

The use of marketing tools such as the following all help management get important feedback on their products / services:

*Databases on customers

*Surveying customers on what they like and don't like about your business

*Keeping webpages up to date

*Testing the market for reaction to new products and services

Most successful businesses create strategic alliances with other people in their industry, either suppliers, similar businesses in other geographical areas that are not direct competitors, or allied organisations. Strategic alliances can significantly contribute to your knowledge base on what is happening in business.

Why You Need A Performance Accountant: Helping You Tie Things Up Successfully

But all these attributes fade into insignificance if there is no culture within the organisation. Culture affects every aspect of the business, shareholders, directors, management, team members, customers and suppliers. Culture is the hidden success: the icing on the cake, the attitude of team members going that extra distance to satisfy customers' requirements. It's a supplier making an extra late delivery to you when you need those supplies. It's customers who might be prepared to overlook a late delivery because of their overall satisfaction in dealing with your business.

Culture relates to the image that your business creates in the market place:

*How people communicate

*Is the telephone answered in a professional business manner?

*Are telephone calls replied to?

*Are emails responded to?

*Are products delivered on time and at the required workmanship?


*Is quality a major issue in the business?

*Are staff pleasant and presentable?

Culture then is one of the major attributes of a business that will help hold the business together and will give the business that extra strength and perseverance to battle through and survive harsher economic circumstances, and it's something that you can understand better through the help of a performance accountant.

by: Jamie McKean
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