Remember the old adage: the buck stops here. When you’re a manager or business owner, you carry the ultimate responsibility for the health of your business, especially when it comes to good management. Surveys of employees reveal that up to half of those who quit do so because of their boss and no other reason. How you manage matters. [Read more…]
Make a Successful Firm with Innovations
Everyone knows the business mantra encouraging business leaders to “dream big.” But what about small? Is there value in focusing on the small things in business? The answer is yes.
Successful entrepreneurs focus on both the large and the small of business. For example, focusing on small innovations frees you and your employees from feeling like you always have to swing for the fences. Solve immediate concerns and find a better way to do things. Even small innovations can change the world, if enough people adopt them. Focus on the details and don’t overlook small problems which need addressing–your clients will thank you for it! [Read more…]
No matter how good a company’s products or skilled its employees, if it has leadership problems, then the whole company has problems. Issues with managers can range from the downright dangerous and illegal all the way to annoying bad habits that drive employees crazy.
If your manager is an otherwise competent leader, but exhibits bad habits, here’s some examples and how to address them without rocking the boat: [Read more…]
With the advent of high-speed Internet and tools that make remote connections as easy as possible, many companies have been able to recruit their best talent scattered geographically far and wide. Yet managing remote teams still proves to be a challenge requiring forethought and planning. Without strategies in place unique to remote teams, managers may find that their team becomes relationally disconnected and therefore less productive as it functions with impaired synergy. The following tips can help keep remote teams connected and functioning as a cohesive team: [Read more…]
ROI, or Return on Investment, sounds like a daunting calculation, but it actually isn’t hard to figure out when you’re looking at buying a piece of equipment for your business, such as an ultrasonic cleaner. Also known as the “payback period,” ROI simply expresses when you’ll earn more money from the purchase of a piece of equipment than it cost you to buy it in the first place. [Read more…]