The BBPA has helped develop ‘How Good’s Your Business Really?’ (HGYBR), a free online productivity tool for managers in the hospitality sector, and is urging licensees to make the most of the new tool.
HGYBR uses five short surveys to assess a business across key performance areas, and benchmarks the user against their competition. It has been developed as part of an initiative led by Sir Charlie Mayfield (Chairman of the John Lewis Partnership), with the support of the Government, and is a provocative call-to-arms challenging business managers to test what they’re leaving on the table by continuing ‘business as usual’.
The BBPA helped to develop the tool with McKinsey & Company during the pilot phase, ensuring the tool’s relevance to the pub sector.
HGYBR provides practical advice on steps that businesses can take today in order to improve, information on key industry trends that businesses should be preparing for, and an assessment of how much extra profit a business could make by improving their performance.
Pubs will benefit from the insights the tool gives on issues such as increasing sales potential, effective business planning for the future, management of staff, and operational efficiency in comparison to similar businesses. Developed to complement the Government’s productivity plan, ‘Fixing the Foundations: Creating a more prosperous nation,’ HGYBR is a not-for-profit initiative funded by the private sector.
The app is free to try and is available here.