January 7, 2017 - 29 Ways To Increase Your Earnings In 2017: Restructure

 

I am still seeing into the foundation of your business for increase in your earnings this year 2017. In the journey of your review and preview, one of the major things you are likely to see, which is written boldly, is the subject matter RESTRUCTURING. Restructure is to organize differently for better productivity because the essence of organizing differently will not be benefitting, if it doesn’t boost productivity. 

Restructuring to many people connotes the display of partiality, except in a case where the owner of the company has dreamt of the closure of his company, will he handle restructuring as partiality. Restructuring is an integral part of a company especially in a time and fresh season like this, after which, you have given yourself to review and preview to establish the need for re-harnessing individual potentials to meeting up your increase in earnings target. 

Signals That You Need To Restructure

The following underlisted unavoidable reasons are pointers that your business, company and ministry call for restructure without delay. 

1.       When you didn’t meet up your target for past years: When you have been setting target before you as a business, company and ministry, yet, you are not hitting the target, there is need for restructure. 

2.       When an individual isn’t performing to your utmost expectation: When an individual has not been playing his own part to the utmost, so as to bring the target to reality, there is a dire need to restructure at such a time. Don’t be emotional about it, except, if you want to end on the note of the same story at the end of the year 2017.

3.       When you are struggling to exist: When you have been struggling to remain in the industry, so that it wouldn’t become a mess to share about, there is need for you to restructure. Organizing differently triggers an individual to reset for the new position he is to fill.

4.       When you aren’t sure of what this year has for you: You have no alternative to restructure, if you aren’t sure of what this year hold for you on paper. If your employee cannot submit a convincing different report, there is no gainsaying about it, you need to restructure. 

5.       When productivity is low: When your productivity is low, it is a signal that your input is nothing to write about, there and then, you need to call for a restructuring meeting and you will be dazed, someone is tired of doing routine work but doesn’t know to express himself. 

6.       When junior staff is more concerned than senior staff: There is a big issue in your business setting, when you are triggered by junior staff for the progress of the company or ministry, while senior staff maintaining status quo. Plan and effect your restructure when the junior staff the better days ahead of your company and is ready to stay put, be involved until he sees the reality by putting his best effort. 

7.       When you aren’t making significant progress: When you have been in the industry, yet, you have no command in such industry. When your progress isn’t tantalizing in the industry, when your result isn’t captivating, there is need for restructure. 

8.       When you have an uncontrolled staff: Once a staff is becoming a negative threat to you and the company, there is need for you to find an alternative to him as soon as possible, caution him once before being fired.

Who Restructures?

The onus of restructuring is on nobody else than the Entrepreneur or Human Resource Manager with the resolution of the Managing Director. 

Restructuring is not the assignment of the Management rather that of the Directorate, except, if the restructuring will get to the junior staff, who needs to be upgraded via training or decorated. 

Until you are as the forefront man sees it, it cannot be done, and that is the reason why I have to enumerate a few signals that should indicate to you that there is need for restructuring. 

Sincerity In And Effecting Restructure

As restructure comes in with innumerable benefits into a business organization so also it can come with unending internal rift, if it is not handled well. 

Restructure is not handled by a junior staff or an outsider, it is a serious assignment that mustn’t been done out of jealousy rather sincerity. It is always obvious if it is out of jealousy because rather for positive result, it breeds unending rivalry amongst staff. 

Effecting restructuring must be done out of maturity, either through questionnaire, one-on-one meeting, communicating reasons for the need of the restructure. You can consult us for this purpose and you will be glad you did. 

Gains Of Restructuring

1.       It Gives New Drive: Restructuring releases new drive within people. People are driven positively as regards the business, company or ministry’s vision, mission and other things on paper. 

2.       It Gives Freshness In The Air: There is a clean and fresh air in the atmosphere. The atmosphere condition changes within the shortest while.

3.       It Gives New Pursuit: It provokes new pursuit either stated by you to the newly appointed person or personal new pursuit stated by such an individual to cause a different as he steps in.

4.       It Triggers New Potentials: You will be dazed to see and experience new discoveries embedded in the individual you are almost writing off. 

5.       It Boosts Productivity: It will eventually boost your productivity because everything and everybody will be re-engineered to achieve the seemingly hard target.

6.       It Guarantees New Level: The business, company will surely experience a change in level. 

7.       It Permits Innovation: Physical and internal innovation will become the order of the day as the restructure takes effect. It cannot be denied that restructure has taking an effect in a business organization. 

      Dapo Olaleye, an Associate Pastor in Balance Gospel Ministries International Headquarters. He is the President of Business Xploit Group with Nine Subsidiaries through which lives are blessed around the globe. Chancellor of Business Xploit institute, Facilitator in School Of Discovery (Gospel Dominion Prayer Ministries), author of seven books (Unlocking Your Potentials To Profits, Uncommon Sense Guide To Making Money, Woman! You Are A Blessing Not A Burden, Ladies Of Dignity, More Than Money, A-Z Secrets Of Academic Excellence, Becoming An Academic High Flier and Generating God’s Ideas For Business, Ministry, Career (CD)). He is an alumnus of Daystar Leadership Academy and Daystar Business Academy and Student of Word Of Faith Bible Institute. He can be reached via: bizxploit@gmail.com, 08122927079.