Think of employee morale like a stock. By investing in this stock, you will get a higher return on your investment.
Nurturing a positive culture is the first step to business success. There is a good reason why Google treats its employees as if they are God’s gift to technological innovation on planet earth. According to a Kissmetrics article, entitled Inside Google’s Culture of Success and Employee Happiness, Google provides its employees with free meals, haircuts, and dry cleaning. It provides subsidies for hybrid cars and massages.…
It is widely regarded that the construction industry is for the first time since economic downturn, experiencing a sustained period of growth. However, despite this optimistic outlook, many companies are still finding it difficult to remain competitive and ultimately successful. Margins are tighter than ever with everyone from suppliers to contract workers looking to squeeze the most profit from each project/new build, while still not experiencing the success they once had. In this article we look at some of the current challenges project managers and senior management within the construction industry face every day.…
If you think you can do it all on your own, failure is likely imminent in your entrepreneurial future.
Mentors can guide you to success by limiting your mistakes, helping you learn from failures, and someone to lean on when times are tough or you’re backed into what seems like an impossible wall.
Here are just a few great ways that mentors can make you a better entrepreneur:
It never hurts to know someone…
Having a business mentor is no different from knowing a good local carpenter a good friend that’s a Class A auto mechanic.…
If you think putting an effort into employee satisfaction doesn’t have good ROI, you’re kidding yourself. Your employees are your largest, most expensive resource, and their quality and satisfaction will make or break your business. Any steps you take to make their lives better is practically guaranteed to pay back significant dividends over the long-term.
One of the easiest ways you can work to improve employee satisfaction is by providing a positive work environment. And that doesn’t just mean casual Fridays and free coffee in the break room.…
Moving into a project manager position can be an exciting step forward, with new opportunities to show your superiors your talent and worth. However, being a project manager comes with a lot of responsibilities, and it’s important to keep a clear head and address issues and problems as efficiently and effectively as possible. Read on to find out some tips and skills that will keep your head above water.
Be Proactive
Before embarking on a new project, examine it from all angles, making sure to note any potential difficulties that may come up.…
When you first start out in business it can be tempting to work from home. Not only does it keep your expenses low but you also have the flexibility of being able to work any hours you choose. However, there comes a time when you need to expand and one of the best ways to do this is to draw a clear line between your home and business life and to step into your own office.
Let’s look at different ways to start your expansion.…
You hear a lot about sustainability these days, and for good reason. Creating sustainable processes at work and beyond is crucial for many people concerned about what the future may hold. While the very core of maintaining sustainability within a company entails environmental preservation and adherence to pertinent regulations, there’s actually more to it than that.
For a company to be truly sustainable certain practices must be adopted. This involves individuals taking responsibility for their respective roles, as well as forming collectives all working towards the same purpose.…
There’s no sugar coating the challenges that come with hiring a virtual assisting agency to provide you with qualified, hard working VAs to help you in your business. With new firms cropping up every day that always promise prospective clients the world, it has only become harder to find the right online talent to help you keep your business on track.
When you start to read up on what each firm offers, there are a lot of things you need to look for before signing up for a monthly service plan.…
Let’s face it; accidents happen. There’s no way that you can avoid them entirely, but it’s still incredibly important that you guard against them where possible, and look to minimise the damage when they do occur. This damage can come in a variety of different ways; you can suffer large legal expenses, potentially government fines, and of course a breakdown in the relationships between you and your employees. Doing everything by the book can save you real headaches in the future, so let’s take a look at the main things that you really need to think about.…
Whether you’re an entrepreneur with great dreams, a student advancing his or her career by pursuing an MBA degree online, or a celebrated corporate executive at the head of a multinational company, fully understanding the value of happy employees is fundamental to increased productivity, and ultimately, success.
Those in management quickly learn this secret–keeping employees happy results in financial dividends for the entire company. The Harvard Business Review conducted an analysis of hundreds of studies which showed there was an increase of 31 percent in productivity, and 37 percent more sales when the happiness of employees was considered an important part of the business model.…
