Yes, the only improvement would be to have a small 8R speaker in the Vdd of the 4017, so that each transition provides a small click, and also if the connections are intermittent you will get noise out of the speaker, telling you of an intermittent joint in the cable.
Also add a 1000uF 25V capacitor across the supply pins of the 555 timer, which will help with stability as the 9V battery ages.