New Offering Ensures Better Structure in Profit Improvement Initiatives, with Reliable Economic Outcomes
GREENVILLE, S.C., May 29, 2020 - Next Level Essentials, Inc, the collaboration partner for business profit improvement requirements, is pleased to announce a new project management application - Hi-Perform ™ - which assists an organization to manage a project from inception, through to analysis, planning, implementation, and ultimately the audit of results. Hi -Perform provides powerful reporting features combined with clear accountabilities to help organizations drive EBIT improvement, and to quickly identify success, thereby building a positive cycle of improvement.
“All businesses desire to increase their revenue and improve their operations. All businesses have thoughts on how to do so – frequently a plethora of disparate initiatives, notions, etc., each of which may, or may not, be worthwhile. In reality, many of these initiatives never get executed, and those that do, frequently do not deliver the anticipated benefits,” says John Lowe, a former McKinsey consultant and past Vice President (Operations) for Parker, Inc. “The challenge is to drive rigor and discipline in the Idea development process and ensure an improved economic outcome through rigorous planning and disciplined implementation. Hi-Perform does this.”
Hi-Perform is a software package that is an integral element of profit improvement, taking a potential initiative from the initial thought all the way through to bottom-line impact. Hi-Perform has been used internationally by multiple businesses across various industries over the past 15+ years.
Hi-Perform’s functionality will help the organization:
- Determine which potential improvements are valuable
- Codify each valuable improvement into a specific, actionable “Idea”
- Assign accountability for development of the Idea
- Plan the Idea's implementation
- Monitor the progress
- Verify that the outcome of each Idea has “hit the bottom line”
“Continually improving the operational performance of a business is essential for success in today’s rapidly changing environment,” says Luke Mitchell, founder of Hi-Perform and Principal at Performance Essentials Pty of Australia. “Unfortunately, many organizations fail to achieve their full potential, not because they are incapable of generating ideas to improve their business, but rather because they lack the structure. I have found that businesses that start using Hi-Perform keep using it over multiple projects over multiple years.”
To learn more about Hi-Perform and the value it provides, please visit www.nextlevelessentials.net.
ABOUT NEXT LEVEL ESSENTIALS
Next Level Essentials’ is a national practice in the building materials industry that specializes in profitable growth, preparing businesses for sale, operational turnarounds, and post-merger integration. Founded in 2014, Next Level Essentials is based in Greenville, South Carolina.
For more information, visit nextlevelessentials.net
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