3 Simple Ways to Improve EBITDA

In 2012, too many organizations will throw money down the toilet.  Again.  How?

Improve Your Bottom Line

Improve Your Bottom Line

  • their leaders believe that disengaged employees are few and far between
  • managers get too busy to use even the simplest practices to engage people
  • no one measures bleeding cash when top performers go to the competition, or loyal employees glaze-over
 In Dr. Neil Witmer’s recent book, I Get It!, he illustrates the importance of simple fundamentals.  Even talented leaders become preoccupied and fail to do first-things-first.  The work At Witmer & Associates  with employee engagement shows significant EBITDA potential from rooting out pockets of alienated employees, clumsy managers and preoccupied leaders.  Many organizations have shown a 6- to 7-figure financial impact by improving engagement.
 Although there are dozens of best practices to improve engagement, three of them consistently float to the top of the list as the simplest and most fundamental:
1.  Over-communicate—Whether you are CEO or supervisor, you must be a “broken record” for strategy, priorities and reasons for decisions.  Employees are not stupid, but they need constant reinforcement.  Don’t assume that if you say something once or put it in the newsletter that people will get it, or remember it.  Even a well-designed strategy deployment system can be under-communicated.  Sadly, data shows that 20% of employees mistakenly believe that the senior team is incompetent, simply because they don’t communicate enough.

2.  Involve people in process—Whether it be LEAN, Kaizen or other methods, you can ”light up” teams of employees by involving them.  Some organizations use Kaizen as an engagement strategy, not just a process strategy.  Of course one benefit is efficiency and cost savings.  Another benefit is a measurable performance gain from employees who go the extra mile, because they wanna!

3.  Encourage confrontation—It’s been said that 85% of people on the planet are conflict-avoidant.  Managers dodge feedback…peers delay difficult conversations…people cover their asses.  Although conflict training teaches technique, training is not enough.  People respond even better when their manager encourages confrontation.  Skilled managers invite apprehensive people behind closed doors for straight-talk.  They ask pregnant questions in staff meetings, showing that personal motives are less important than quality, delivery, financial performance and customer satisfaction.

These three practices are simple.  They improve EBITDA.  And they make this game of business a whole lot more fun!

If you would like more information on the bottomline for your company, contact a senior consultant with Ember Carriers at (513) 984-9333 for a complimentary consultation to discuss your company’s needs.

Web: www.embercarriers.com|Twitter: www.twitter.com/embercarriers|LinkedIn: www.linkedin.com/in/mhladio

Source: Neil Witmer, Pinpoint Performance Blog, Witmer & Associates
You can leave a response, or trackback from your own site.

199 Responses to “3 Simple Ways to Improve EBITDA”

  1. Hey! I could have sworn I’ve been to this blog before but after browsing through some
    of the post I realized it’s new to me. Nonetheless, I’m definitely
    happy I found it and I’ll be book-marking and checking back frequently!

    Look at my web-site Download Screen Recorder Full Version Free

  2. Darrel says:

    I see a lot of interesting posts on your website. You have to spend a lot of time writing,
    i know how to save you a lot of time, there is a tool that creates unique, SEO friendly articles in couple of seconds, just search
    in google – k2 unlimited content

  3. Elizabet says:

    I read a lot of interesting articles here. Probably you spend a lot of
    time writing, i know how to save you a lot of time,
    there is an online tool that creates readable, SEO
    friendly articles in seconds, just type in google – laranitas free content source

  4. Magnificent site. Lots of helpful information here. I am sending it to some friends aans additionally sharing in delicious.
    And oof course, thank you for your effort!

    My blog post Underworld Empire

  5. Gregg says:

    You made some gkod points there. I checked on the web to learn more about the issue and found most individuals will
    go along with your views onn this web site.

    My page: dreamleague Socer (Gregg)

  6. xrumer vps says:

    I blog frequently and I seriously appreciate your information. Your article has truly peaked my interest.
    I am going to book mark your website and keep checking for new information about once per week.

    I opted in for your RSS feed as well.

  7. The very heart of your writing while sounding reasonable at first, did not settle well with me personally after some time. Somewhere throughout the paragraphs you actually managed to make me a believer unfortunately just for a while. I still have got a problem with your jumps in logic and you might do well to help fill in all those gaps. In the event you actually can accomplish that, I could surely be fascinated.

  8. You have brought up a very excellent points , regards for the post.

  9. I needed to write you the tiny word just to thank you so much over again on your superb solutions you’ve featured on this page. It’s simply pretty open-handed with people like you giving openly all that some people would’ve distributed as an electronic book to make some bucks on their own, particularly given that you might well have done it if you wanted. Those tips as well worked to become a good way to be sure that other individuals have similar dream much like my own to understand a lot more with reference to this condition. I’m sure there are thousands of more enjoyable opportunities up front for many who see your blog.

  10. wonderful issues altogether, you simply gained a new reader. What would you suggest about your publish that you made a few days in the past? Any certain?

  11. Your place is valueble for me. Thanks!…

  12. Thanks for sharing superb informations. Your site is very cool. I am impressed by the details that you’ve on this website. It reveals how nicely you perceive this subject. Bookmarked this website page, will come back for extra articles. You, my pal, ROCK! I found simply the information I already searched all over the place and just could not come across. What a perfect web-site.

  13. Hola señores, mucho valor en este post Es un buen trabajo

  14. Thanks a lot for giving everyone an exceptionally splendid opportunity to read in detail from this web site. It’s usually very useful and as well , stuffed with fun for me and my office friends to search your web site nearly three times in a week to find out the fresh guidance you have. Of course, we’re usually pleased for the stunning tricks you give. Certain two ideas in this posting are unequivocally the finest I have had.

  15. I¡¦ll immediately grab your rss as I can’t find your email subscription link or e-newsletter service. Do you’ve any? Kindly permit me understand so that I may just subscribe. Thanks.

  16. quiksilver says:

    I really like your writing style, wonderful info , appreciate it for putting up : D.

  17. roxy says:

    I think you have noted some very interesting details , thanks for the post.

  18. I gotta favorite this web site it seems invaluable very helpful

  19. I genuinely enjoy looking through on this internet site, it contains excellent content. “Never fight an inanimate object.” by P. J. O’Rourke.

  20. You can certainly see your skills in the paintings you write. The arena hopes for even more passionate writers like you who are not afraid to mention how they believe. At all times go after your heart. “Experience is a good school, but the fees are high.” by Heinrich Heine.

  21. Some genuinely superb posts on this internet site , regards for contribution.

  22. Noah Higdon says:

    Many thanks to the author. Very useful post. I hope more of these.

  23. gry online says:

    Dead indited subject material, Really enjoyed looking at.

  24. You have observed very interesting details! ps decent site.

  25. I and my buddies were actually reading the best advice on your web blog then the sudden got a horrible feeling I never thanked the web site owner for those secrets. These men are already totally very interested to learn all of them and have in effect undoubtedly been having fun with these things. We appreciate you getting so helpful and for finding some great topics millions of individuals are really needing to discover. My personal honest regret for not saying thanks to sooner.

  26. that are supposed to be shared around the internet.

  27. You are my inspiration, I own few blogs and very sporadically run out from brand :). “The soul that is within me no man can degrade.” by Frederick Douglas.

  28. I have recently started a website, the info you provide on this web site has helped me tremendously. Thanks for all of your time & work. “If you would know strength and patience, welcome the company of trees.” by Hal Borland.

  29. mobileprice says:

    I just like the helpful info you provide on your articles. I’ll bookmark your blog and take a look at once more here regularly. I’m fairly sure I’ll learn many new stuff right right here! Best of luck for the following!

  30. ÿþM says:

    It’s laborious to search out educated folks on this matter, but you sound like you already know what you’re speaking about! Thanks

  31. Tulisan yang sangat bagus , kami percaya ini amat berguna bagi mereka yang membaca,
    saya tunggu pos selanjutnya , apalagi mereka yang
    sedang mencari Busana Muslimah dan mereka yang sedang belajar untuk menekuni dunia busana

  32. it support says:

    cyber security lan.ie

  33. Gisele says:

    When you think about the value, it’s unbelievable how nice
    the digital camera is. With a 14 MP digital camera and a one hundred eighty degree view fisheye lens, get able to impress everyone on Instagram!

  34. I every time spent my half an hour to read this webpage’s posts all the time along with a cup of coffee.|

  35. find casinos says:

    Simply desire to say your article is as amazing. The clarity in your post is simply excellent and i could assume you are an expert on this subject. Well with your permission let me to grab your RSS feed to keep up to date with forthcoming post. Thanks a million and please carry on the enjoyable work.|

  36. This is really attention-grabbing, You are a very professional blogger. I have joined your feed and sit up for looking for extra of your magnificent post. Also, I have shared your website in my social networks|

  37. Usually I do not learn article on blogs, however I wish to say that this write-up very pressured me to try and do so! Your writing style has been surprised me. Thank you, quite nice article.

  38. Some truly excellent information, Gladiola I detected this. “‘Beauty is truth, truth beauty,’ — that is allYe know on Earth, and all ye need to know.” by John Keats.

  39. Spend a day with Ayurvedic teacher Richard La – Marita to learn about the oldest philosophy of health care based on prevention in the entire world.
    And, will add a delectable marinade for some yummy ribs.

    Several times a year, I will take two entire days to cook.

  40. Absolutely composed articles , regards for selective information .

  41. I like what you guys are up too. Such intelligent work and reporting! Carry on the superb works guys I’ve incorporated you guys to my blogroll. I think it will improve the value of my web site :).

  42. I have read a few just right stuff here. Certainly price bookmarking for revisiting. I surprise how a lot effort you put to create any such magnificent informative website.

  43. hey buddy,Its just awesome no other ways to say its a mind blowing beautiful quality piece of well crafted content I loved the way you wrote up really cool. Glad to read your content keep posting much more cool content i will be glad to check them out. testing link

  44. Some genuinely quality articles on this site, bookmarked .

  45. click on says:

    I went over this site and I believe you have a lot of fantastic information, saved to favorites (:.

  46. lili says:

    nicely said… post more

  47. Some truly wonderful content on this web site, thanks for contribution. “Better shun the bait, than struggle in the snare.” by John Dryden.

  48. Great – I should certainly pronounce, impressed with your website. I had no trouble navigating through all tabs as well as related info ended up being truly easy to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or anything, site theme . a tones way for your client to communicate. Excellent task.

  49. Además, los cajones Push&Seal sellan el aire para que tu comida se mantenga fresca durante más tiempo. Dispensador de agua y hielo: La máquina de agua y hielo de LG ha sido desarrollada para grandes y pequeño contenedores. La hielera Slim SpacePlus está completamente equipada e incluida en la puerta de los frigoríficos para que puedas ahorrar en espacio.

Leave a Reply