Eliminating those little annoying, profit-draining mistakes
I’m sure we have all had moments when you are thinking “I’m so busy fixing yesterday’s mistakes that I don’t have time to think about tomorrow.” Little mistakes, frustrating mistakes, morale-sapping mistakes. Bloody mistakes! Not to mention profit-draining little mistakes.
Should we tolerate this situation and accept it as inevitable? I, as your Chartered Accountant, say No, because
Little mistakes = Rework = Lost Profits and Lost Opportunity
Little mistakes. One thing I do know as a result of speaking to many thousands of business people is that we all have them. And we’d all like to get rid of them, wouldn’t we?
The annoying thing is that many of the mistakes are those which recur time and time again. And they’re the ones that cost.
When you down load our latest Special Action Report, you will discover there’s a little system called the Corrective Action Report (CAR). It’s a mechanism for recording and correcting screw ups and stuff ups.
The CAR serves as a great fixer of the PROCESS. Here is a sample of the (Corrective Action Report) CAR template. I hope you find it useful as a starting point. Indeed, I recommend that this simple process be adopted so that mistakes are not repeated over and over again.
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