Getting more from your business meetings

At James Todd & Co we can provide businesses in the Chichester area with advice on a wide range of business issues. Here are some ideas to help you get more from your business meetings.

One of the key elements of successful profit improvement is simply to get people round a table to devise solutions. Whether it is a firm-wide performance improvement panel with one of our advisers, or just a small team focused on a specific project, the 'round table' approach has undeniable benefits:

  • It enables those who are 'at the coalface' to make a contribution, thus ensuring that any decisions taken will be well informed
  • It ensures that all the key players 'own' the problem and buy into the solution, thus improving both accountability and commitment

Structured discussion

But there is more to a successful round table than just bringing the parties together and inviting them to say their piece:

  1. From the outset the discussion must be structured so that it leads to a workable solution
  2. Participants must feel free to contribute their ideas in a non-judgmental, non-censorious atmosphere

Focusing on solutions not problems

A simple technique that enables you to achieve both these goals is to begin with a brainstorm and introduce a simple rule that all contributions must be prefaced with the words, 'How to....'

Thus, rather than saying, 'The problem is the bottleneck at the welding station', or 'When is someone going to do something about the bottleneck at welding?' the participant would say simply, 'How to remove the bottleneck at welding...'

This immediately creates a positive tone for the discussion and focuses minds on the solution rather than the problem.

Develop an action plan

It is a good idea to have a facilitator who records each contribution, perhaps on a flip chart. Then in the second half of the meeting the participants:

  1. Choose from the contributions those solutions that seem most appropriate
  2. Assign specific actions to individuals to accomplish the chosen solutions
  3. Set timelines and agree a follow up

Experience shows that structuring a discussion in this way not only increases the chances of a positive, practical outcome but also greatly speeds up the meeting.

If you are based in the Chichester area would like support and assistance from experienced accountants and business advisers, contact James Todd & Co. We would be delighted to hear from you.

Have we convinced you yet?

Please feel free to get in touch via phone, email or our quick contact form.

We offer initial free consultations – simply contact us to find out more.


ICAEW Chartered Accountants logo Sage logo chichester chamber of commerce and industry logo
Copyright

© 2019 James Todd & Co. All rights reserved.

We use cookies on this website, you can find more information about cookies here.
Contact us

Please call:
01243 776938
Lavant and Chichester
01273 470123
Lewes

Address
James Todd & Co, 1/2 The Barn, Oldwick, West Stoke Road, Chichester PO18 9AA
James Todd & Co, 16 Northgate, Chichester PO19 1BJ
James Todd & Co, The Mews, St Nicholas Lane, Lewes, East Sussex BN7 2JZ

James Todd & Co is the trading name of James Todd & Co Limited. Chartered Accountants and Registered Auditors. Registered No: 07350649 in England. VAT No. 322087875. ICAEW Firm Reference No: C002730145 and James Todd & Co (Lewes) Ltd (formerly known as Axtons). Chartered Accountants. Registered No: 11214467 in England. VAT No. 290460506. ICAEW Firm Reference No: C005791297

Registered to carry out audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Details of our audit registration can be viewed at www.auditregister.org.uk

Details of our Designated Professional Body (DPB) activities can be viewed at register.fca.org.uk. A member of the ICAEW Practice Assurance Scheme.