Every business in the world has its up and downs. Be that slow sales, losing a key staff member to a competitor or receiving negative feedback, but it’s not the situation that will affect your business, it’s the way she problem is dealt with. Having some sort of contingency plan for every single possible scenario is nigh impossible but you can take steps to negate the effects of a business upset (or even disaster!) with a well-planned crisis management plan.
Although you can put certain measures in places to cover any periods of unexpected sickness or a drop in profits, you cannot really be expected to have a plan in place for potentially serious issues.…
A poor product experience can kill a product or company very quickly; that is why you need to manage this aspect of customer-company relationships from the very beginning. Managing the product experience gives you the means for directing and overseeing how the client or customer perceives your product.
It may seem obvious that you should care how your product is perceived; but some large corporations may feel like they can spare a few unhappy customers here and there. Not all companies can follow this train of thought because they can’t afford to lose any customers.…
Punch Cards Are a Thing of the Past: Save Money with the Latest Clock-In Technology
In business, an old-school approach can be very valuable—for instance, a face-to-face meeting with a client might leave a better impression than a quick phone call or email. Yet, when it comes to saving money, technology can be your friend.
You’ve undoubtedly heard the phrase “time is money,” and we’re about to get literal with that old adage. Whether you’re using a punch card clock, a digital time clock, or a fingerprint clock, upgrading to an online time tracking system can reduce labor costs, saving you time and money.…
In a rapidly changing world, companies who are flexible and forward-thinking will always have an advantage. Identifying opportunities for new market development, and formulating a clear strategy to take advantage of those opportunities can give your business a significant edge – but it’s not always easy!
What is new market development?
In the simplest terms, market development is about getting people who currently aren’t buying from you to do so. This might mean targeting an untapped overseas market, or a different local demographic, such as reaching out to younger customers, ‘C Suite’ executives, or looking at offering franchise opportunities for budding entrepreneurs.…
Just like finally tackling that messy garage, basement or attic back home can leave you feeling like a weight has been lifted off your shoulders (and sometimes uncover forgotten-about treasures!) doing a physical and administrative ‘spring clean’ of your business can give you and your employees a great morale boost. Here are a few ideas to get you started.
Start by brainstorming with your staff
What areas in the office have become cluttered and make it difficult for your employees to find the things they’re looking for?…
Embarking upon product development is an arduous task, no matter the size of your business. When you think about this process, you often concern yourself with the creative process at the very beginning and the various analysis that happens before production begins. One area that is often overlooked is concept testing.
In this article, we’ll be taking a closer look at concept testing and understanding its pivotal role within the process of new product development.
What is Concept Testing?
Firstly, we need to understand where concept testing fits into the wider picture of new product development.…
In 2016, Forbes claimed that team building is the most important investment you’ll ever make for boosting productivity. They found that team building builds trust, diminishes conflict, opens up communication, and increases collaborative work. Employees become more engaged, which is good for the company’s culture and ultimately leads to a boost in profit.
The benefits of team building for productivity are evidently numerous, so here we show you 5 ways to achieve this that your company may not have considered. Take a look!…
2020 is officially right around the corner. With it, we can expect big changes in the world of Human Resources (HR). From filling the demand for new talent to fighting for diversity, there are a lot of changes on the horizon. The good news is that many of these trends are positive things that will drive the industry further into the future of innovation and progress.
How will the trends of next year differ from what we’re all experiencing right now?…
Transportation businesses thrive on meeting deadlines. They need to make these deadlines in order to fulfill and keep orders coming in. Though there are, of course, extenuating circumstances, these need to be dealt with immediately and updated to the client as soon as possible.
Improving the efficiency of your company can help in many ways towards this problem, and by addressing the issues as outlined below is a great place to start.
How to Improve Efficiency For Pre and Post Check
Use simple solutions to make it easier to spot defaults and make fixes, and of course, invest in a DVIR that is electronic so that you can instantly keep your system updated and improve roadside inspections.…
Waste has been a huge point of conversation across mainstream news and social media channels in the recent years — with pictures of the ocean suffocated by a churning blanket of plastic and rubbish and landfills scarring the countryside. Notoriously, food is being thrown out by everyone from big chain hotels to the average household.
Data from Wrap shows over 2 million tonnes of waste produced each year across the UK’s food and hospitality sector:
Hotels — produce 289,700 tonne of waste each year, including 79,000 tonnes of food waste (9% total food waste from the sector).…
