5 Top Tips to review and adjust to achieve marginal gains

Marginal gains are important in business because they can lead to significant improvements over time. In his book “Atomic Habits,” James Clear emphasises the importance of making small, consistent improvements in order to achieve big results. You must review and adjust to achieving marginal gains in your business. By regularly reviewing your performance and adjusting your approach as needed, you can make informed decisions and ensure that you’re making consistent progress towards your goals.

• Use data to inform your decisions:
  Data is an important tool to review and adjust your approach. Use tools such as Google Analytics, customer surveys, or A/B testing to gather data and analyse your performance. Use this data to inform your decisions and identify areas for improvement.

• Set specific review periods:
  Set specific review periods for your business, such as weekly, monthly, or quarterly. Use these review periods to assess your progress towards your goals and make adjustments as needed. By setting specific review periods, you can ensure that you’re regularly assessing your performance and staying on track.
• Encourage feedback from your team:
  Encourage feedback from your team to gain additional insights into your performance. Encourage them to provide feedback on what’s working well and what could be improved. Use this feedback to make informed decisions and identify areas for improvement.

• Use the “good, better, best” framework:
  The “good, better, best” framework is a helpful tool for assessing your performance. Identify what’s good, what could be better, and what’s the best-case scenario. Use this framework to identify areas for improvement and set achievable goals for your business.
• Be flexible and adaptable:
  Finally, it’s important to be flexible and adaptable when reviewing and adjusting your approach. Business environments are constantly changing, and it’s important to be able to adjust your goals and strategies as needed. By regularly reviewing and adjusting your approach, you can stay on track and make sure that your goals are still relevant and achievable.

Reviewing and adjusting is an important process for achieving marginal gains in your business. By using data to inform your decisions, setting specific review periods, encouraging feedback from your team, using the “good, better, best” framework, and being flexible and adaptable, you can identify areas for improvement and make informed decisions to achieve significant improvements over time.

Who is ActionCOACH’s Business Coach Mark Dilks?

Mark Dilks is an accomplished business leader, experienced coach, mentor and business builder. He supports business owners, executives and teams across Milton Keynes, Bedford, Northampton, Luton & Dunstable in all aspects of building profitable high growth businesses; from start-up phase all the way through to maturity and divestment. No matter what challenges you are facing, Mark will invariably have encountered a similar situation previously and will be able to support you to quickly and efficiently overcome your business hurdles by sharing examples of how other business have solved similar problems that you are experiencing. He is motivated, driven, tenacious and is able to get the very best out of all the resources available to his clients and to ensure that the maximum results possible are achieved.