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Good leadership is vital for organizational success, but even good leadership can be an obstacle. Successful leaders often struggle with a few common issues: difficulty trusting others, identity and worth and self-discipline.
If you want to serve your customers quickly and efficiently, you’ll need a good system of organization in place. But with potentially thousands of items to keep track of, dozens of people to hire, entire systems to build from the ground up, how are you supposed to do it?
ISME have just released their latest July Covid Report and while there is a lot of positivity it does demonstrate that a lot of Businesses are still relying heavily on Government Support, with two thirds availing of support.
Most of us have an intuitive sense of what “breakeven” means. At some level, we understand that it means that you’re not losing money. But it turns out there are actually several ways to define “breakeven”.
Winning companies aren’t led by customers. They target the customers they want, they then do as much as they can to satisfy those customers’ needs, and they don’t let themselves get distracted. The best-kept secret about strategy is that you are in control.
Innovation can only happen when space is held for it & in a manufacturing environment that has to include time on machines. A choice has to be made between running their plants at full capacity & reserving time for innovation.
50 to 70 percent of ransomware attacks are aimed at small and medium-sized companies, And changes in business practices, accelerated by the pandemic, have left small businesses even more vulnerable.
A great culture is not easy to build. It’s why high performing cultures are such a powerful competitive advantage. Organizations that build great cultures are able to meet the demands of the fast-paced, customer-centric, digital world we live in.
Know when to avoid, engage, or drop them. The pandemic has placed a new spotlight on working conditions in factories that supply global companies. To avert problems, firms often perform audits to assess compliance.
Deloitte warns that the full effects of Covid-19 on the Irish economy have not yet fully materialised. A total of 169 corporate insolvencies were recorded in Ireland in the first half of 2021, according to the latest insolvency statistics.
Conducting regular employee evaluations is an effective way to ensure the standards of the company are met and to keep an open line of communication with your employees. This can lead to a more productive workplace.
For many small-business owners, sales is one of the toughest areas to master. That said, here are some of the most common sales objections and how to overcome them to immediately boost closing rates and sales.
We can never be strong enough, never focused enough, never patient enough, never accountable enough. Never Enough is based on three pillars: Excellence, Agility & Meaning. Each pillar is broken into 3 fundamental principles.
Communicating a price increase to customers is never a pleasant task. It has the potential to stir customer service complaints, or simply lose customers altogether. Here are three research-backed ways to blunt customer discontent:
If the transition to WFH wasn’t challenging enough, the transition back to the office may prove even more difficult. Even though it may be a 2 or 3 months off yet, it is best for you and your team to be fully prepared.
If an employee is being dishonest with you, start by trying to figure out why. Once you can see what the employee is trying to accomplish by lying, you can move to action. Here are three most typical motivations for an employee lying.
The lack of maturity in most leadership settings is becoming increasingly obvious. Most organizations are so results-driven and short-term focused, they don’t put enough emphasis on the actual emotional maturity of the people they hire.
The next time when you face a managerial decision that is ambiguous, bear in mind that data might not be the only basis for a choice. Following your instincts, together with some simple heuristics, can lead to quicker & potentially as accurate decisions.
As a small business owner, you might feel you already have good communication with your employees & are uncomfortable with formal reviews. However, evaluations — performed properly & consistently among employees — provide evidence for promotions, disciplinary action & termination.
Disagreements are an inevitable, normal, and healthy part of relating to other people. There is no such thing as a conflict-free work environment. And you shouldn’t want to work in one. To reap the benefits of disagreements, you have to get over any fear you have of conflict.
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