Why Should 'Quality' Play A Major Role In Your Business Philosophy?
Legacy signals
Legacy popularity: 1,721 legacy views
Legacy rating: 4/5 from 3 archived votes
Have you ever looked for your dream home online, found it and then gone for an inspection only to realise it wasn't that big, it didn't really look that good in the flesh (so to speak), it was worn out and looked tired. After looking at a number of houses that were initially viewed online, I started to get very frustrated.
How many times have you bought something online or from a shopfront, just to find out it was rubbish? Did you return it, did you ask for your money back? Did you buy there again? If you did any of these, you are one of the minority. So what happens then is we don't go back to purchase from that store again, simply because:- the products are just not up to the quality expected
- for online purchases, the cost of delivery is too high, which bumps up the price to way beyond what we should really be paying for that type of product in the first place.
Which brings me to you and your products
In your business, you can avoid the above pitfalls by providing 'quality' products. Products that are of a high standard, that the customer will not return because it wasn't what they expected. Maybe you are not interested in ensuring your business stays around for a while, then you obviously don't need to read any further. Of course, not all businesses stock 'quality' products; take the cheap dollar markets for example. There is a huge difference though, we don't go in there expecting high quality products, we are looking for something cheap. We know what we are paying for and we don't mind doing that.
If you are really interested in providing 'quality' products (& services for that matter) for your customers, you may need to consider developing a system that allows you to automatically (through the use of standard processes) produce those 'quality' outputs. A system can be complicated and very daunting, but if you start by planning out your requirements, you will be well on your way to ensuring your products are of the quality and value you and your customers expect. There is no rule that you need to be certified to ISO 9001 standard either (unless you client requires it of course), but you can still use the standard guidelines to help you setup your system effectively.
Please comment on what you have done to introduce quality into your business philosophy! Got any interesting and unique ideas?Article author
About the Author
To learn a bit more about me, please visit the following links:
Further reading
Further Reading
Article
Self Mastery As A Way Of Life
Old habits die hard, as the saying goes. And one habit that most of us share—and find difficult to both notice and shake—is our tendency to run “on automatic.” Unconscious patterns of thinking, feeling, and behaving are often the silent saboteurs of self mastery in our ...
Related piece
Article
Benefits of a transition plan when selling your business
For most owners of a privately held company, when the time is right they want to sell their business for the highest price possible in the quickest time possible and live happily ever after. There is nothing too complicated in that and at a basic level, that’s perfectly fine. However, a question to ask is whether the business owner wants to sell the business or is their preference to transition the business?
Related piece
Article
How a business transition plan enhances selling your business
A transition plan that allows the business owner to sell the business for the highest price possible in the shortest amount of time to the most qualified buyer is generally the top of the wish list for most business owners. Because the business owner lives and breathes their business they become emotionally attached to their customers, employees, suppliers and other business partners as the business is a reflection of who they are.
Related piece
Article
Importance Of Terms When Buying Or Selling A Business
In the initial stages of listing a business for sale, all the attention is placed on getting the business in shape so it presents as strongly as possible, sometimes doing a business valuation to arrive at the most appropriate listing price for the business and discussing the tax implications to the seller of the business. Tom West is the owner of Business Brokerage Press and he has a great saying that most sellers and buyers don’t understand until they get into the negotiations of the transaction and it is – You name the price and I’ll name the terms.
Related piece