Recognising People Power: Why You Should Protect Your Businesses Human Capital

Since the advent of crowdsourcing and flexible working directives, business owners have been more inclined to make a significant investment in human capital. The single most important aspect of this process is empowerment, as companies encourage their employees to maximise their potential and develop into talented and highly motivated members of staff. So whereas traditional business models were built on the fundamental principles of cutting costs and increasing profitability, contemporary wisdom suggests that the recognition and application of people power is perhaps far more important.…

Improving Disabled Access in the Workplace

Access for older and disabled people is increasingly important in tourism, recreation and the workplace. All businesses are expected, by law, to make ‘reasonable’ adjustments to their premises in order to make their services, facilities and work environment accessible to disabled people. Additionally, it is against the law for an employer of any size or standing to discriminate against disabled people in areas such as recruitment, training, promotion, dismissal or redundancy. The key word in the legislation is ‘reasonable’. What is deemed reasonable will depend upon your business’ resources, the cost and practicality of adaptations and the potential benefits to customers and employees.…

The Complete Beginner’s Guide to Project Management

Here’s a case for you: Today seems like a normal working day for you. Suddenly, one of your bosses handed out the responsibility for you to manage a marketing project. Or, here’s another case for you: You are a small business owner who needs to work on your first major project from an important client. Whichever your case is, whenever you are facing similar challenge, you might feel in doubt; you might be not sure whether you can take on such responsibility.…

5 Traits Of Quality Project Managers

If your business is looking to hire project managers, you need to hire high-quality employees. The things that they do are going to impact more than their own production. They are going to be in charge of many other employees. Having a poor manager can mean that you get low production levels from all of those employees, so it has this sort of ripple effect that moves out through the rest of your organization. To find the best people for the job, look for these qualities: Organizational Skills A disorganized manager means that no one ever really knows what is happening.…

How can Big Companies Offer Good Work-Life Balance to Their Employees?

The typical stereotype I know when working for a big corporation is long hours. Fortunately, some big corporations know how to motivate their employees through various programs which allow them to grow personally and professionally. A relative of mine is working as an Engineer in one of the largest company in the Netherlands. She told me that one of the major perks of working with the company is the ability to ‘customize’ the working hours to best-fit individuals’ needs. For instance, suppose your minimum work hours for a week is 40.…

Crucial Contingency Plans You Need for Your Business

One of the biggest keys to success in business is successful and careful planning. Ultimately the market, the industry and your organisation are going to change countless times over your organisation’s lifespan and if you don’t have plans in place to help you cope with those changes then your business won’t last. In many ways the winners in business will often be dictated simply by who is the most prepared. The trick then is to ensure that you aren’t waiting for bad things to happen before you come up with your plans.…

The Legal Rules Associated with Blogging for Your Business

There was a time when the blog was nothing more than a fun diary to keep on and go viral throughout cyberspace. Long have the days been gone where you maintain your thoughts under lock and key beneath your bed. The demographic has changed: we adore putting our words on the digital page for everyone to see — That’s so the truth to the point that even companies do it! Blogs have gone corporate, yes. Bear in mind this one important fact, though: there are now copyright laws to FTC regulations you must abide by when it comes to your blog.…

4 Real World Stories of Crazy Customer Service

What you give to customers doesn’t have to be limited by your budget. While some of these stories come from big companies with leeway to offer free products, the underlying message is that customer service reps should personalize their interactions with consumers in order to facilitate a genuine connection. You don’t have to offer a free steak or discounted clothing to make patrons feel appreciated. Zappo’s customer service stories prove that they do more than sell and deliver shoes. Or look to online services like Instant Checkmate for an example of accessible customer support—even if it’s to offer ways to cancel their services.…

Effective Business Management Techniques: The Two Approaches

Management in business refers to the coordinated effort of people, resources and procedures in order to attain the main purpose of a business. This essentially means that an organization’s objectives are accomplished by combining several factors. It is only through proper management of these factors that a business’s objectives can be met. Basically there are two approaches to management, one is the use of traditional tactics and the other is the use of modern tactics. The traditional approach is no longer effective, as its main focus points are not enough to make a business competitive today.…

Accounting Tips for Small Businesses

When the topic turns to keeping accurate records, a small business benefits from modern technology. Business owners today no longer need to rely on handwritten ledgers and human errors. Accounting software helps the modern entrepreneur keep accurate records. Tax calculators are invaluable. Keeping meticulous logs of account payables and receivables means that the business owners can file taxes with 100 percent accuracy. Since the tax season is fast approaching, business entrepreneurs benefit from accounting software programs that make accurate accounting a quick and easy process.…