Speed Of Implementation: How To Get More Done And Stay Ahead Of The Competition
Speed of implementation is how fast you implement something new that you have learned. For example, if you have learned something new for your business or something in your life, the speed of implementation is how fast you can implement it. If you can increase your speed of implementation, doing things faster after you have learned them, your business becomes a lot more agile where you can test new theories, ideas, and can adjust to new changes in the market.
You are able to test stuff so fast that your competition cannot keep up. Just a random example, Facebook sometimes changes the way Facebook Ads work and a lot of people get on it very quickly. Big companies tend to wait many months, sometimes years, to implement new things where small companies can test a lot of stuff early on. Big companies generally have a slow speed of implementation because there are a lot of bureaucracy and levels in the companies before processes and ideas are approved and implemented. In a big company stuff gets done slower.
I am assuming that by reading this, most likely you run a small company or are just starting out. You should be able to benefit the most from a high speed of implementation because most likely it is just you and you can make a decision and implement it fast. If you do not, there are some ways to improve, or fix, your speed of implementation.
Document your processes
In my business, all the processes and things I do are very well documented in a way that it is being done the way it is being done, and it works, even if I replace someone in the company or if I do not do a process myself. What this means is I have a lot of time, mental RAM, energy, and focus to spend on new processes and make stuff work myself. I care the most about my company than anyone else.
If something new comes out I am very determined, I have the time focus, and the mental RAM and energy to implement it. Inherently, that means my business has a very high speed of implementation. You can copy this and make your processes very well documented so people can take each other’s roles in the company. You can make it so you do not have to go from many people in your company to get stuff implemented. Even if you are in a big company, you can make a deal that you can test anything you want as long as it does not break stuff and as long it is just a small test to see if it works. These are the kind of deals that can work even in a big company and can increase the speed of implementation in a big company.
If something new comes out, or some new information comes in, and you want to implement it quickly, what I recommend is to make a process on how to make new processes. What happens is you are able to make stuff work and solid, so it does not change too much, from the very first try.
If something works from the very first try and you are able to make the training video, or documents, into a solid process that dictates how the process is run from here on out, that is great. This is the difference between a company that can grow to just seven figures or a business that can grow to eight figures or more.
I see this over and over. High speed of implementation, along with the factors I mentioned, improve the speed at which your company can grow because you can test more stuff and you can get in on new developments faster. That means you out-compete your competition and stuff gets done fast. This is where you want your company to be.