5 Indicators of a Healthy Business

Path for Growth with Alex Judd

If you want to build and maintain a healthy organization, there are certain key areas you need to focus on. In this episode, Alex examines five of the most important indicators of organizational health, which impact everything from leadership to individual team members to profits. He also discusses the problem of employee engagement and shares a list of questions you can ask yourself to understand if your team is engaged in the work they are doing. 

Episode Recap:

  • Impact-driven leaders know the health of their organization matters (1:20) 
  • Growth for the sake of growth is death (6:08)
  • Today we’ll walk through 5 indicators of a healthy organization (7:37)
  • 1. Team Engagement: 85% of people are not engaged at work (10:03)
  • Ask these questions to evaluate your team’s engagement (13:26)
  • 2. Profitability: Your gross sales are meaningless in the conversation about your business’ health (19:18)
  • 3. Consistency of Language: Language creates culture, so the words and phrases your team repeats matter (22:25)
  • 4. Operational Excellence: Do you have a consistent system for never-ending improvement? (24:55)
  • 5. Health of the Leader: Your spiritual, physical, emotional, and relational health matters (28:02)
  • What’s one area you can focus on this week? (37:06)

Resources:

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