Businesses are aiming towards ways to achieve inclusive growth. This defines business scalability – all round growth that includes customers, employees and vendors. The aim is to foster positivity while driving growth for any business. The key lies in realizing that each business model is ... Views: 45
Securing workplace premises against all possible physical security concerns is the primary responsibility of any company. Any breach of security has the potential of disrupting work at the least, and can lead to loss of lives and property as a worst case scenario.
Following these 6 basic ... Views: 41
The scalability of a startup is what keeps investors hooked. They are looking at promising business models that can be sustained at minimum investment. Here are some steps towards a scalable startup:
1. Have an investable idea. First things first, the IDEA! It is very important to have an idea ... Views: 49
The scalability of a startup is what keeps investors hooked. They are looking at promising business models that can be sustained at minimum investment. Here are some steps towards a scalable startup:
1. Have an investable idea. First things first, the IDEA! It is very important to have an idea ... Views: 49
‘Safety first’ is an adage everyone has grown up with. Implementing it effectively in the workplace is what ensures rich dividends.
1. Assess risks. Get professional safety inspection to know the different kinds of hazards your workplace may pose. The next step would be to assess potential ... Views: 47
One of the most essential influences on start-ups in the modern age are online tools that facilitate productivity, help the business attain a larger share of the market and find out what the average consumer really wants. Discussed below are some of the most effective software tools for your ... Views: 72
The organizational structure of a company is its most important element. Without a proper organizational structure, achieving objectives and having a clear commercial strategy dedicated to innovation and modernized operations, is not possible. Here are 7 possible reasons your organization ... Views: 71
For a startup, creating a foundation of solid commercial systems and processes is crucial to being successful in the long run. Some ought to be established before rolling out the business, while others can be shaped and advanced during the first year of commercial activity. Discussed below are ... Views: 79
It goes without saying that effective leaders flourish in an organizational structure that nurtures inventiveness. Hence, it is the duty of entrepreneurs to shift their emphasis from rigid hierarchical structures and focus on empowering the right members of the workforce in the best possible ... Views: 88
Since 2010, start-ups changed drastically. Within this short span of time the alignment of technology and innovative organizational structures has resulted in a new type of work culture. Whether it is using key performance indicators (KPIs) to analyze commercial progress, online and social media ... Views: 80
Improved self-management, freelance workers and independent task forces as opposed to compartmentalized structures - these are all developing trends around the world for new start-ups. Revolutionary businessmen like Elon Musk and Mark Zuckerberg have both described the organizational structures ... Views: 106
The digital world is exploding with new ideas and start-ups galore. With this boom there is also an increased need to provide the best customer experience. People are becoming more demanding with shorter attention spans.
The customer is king and every avenue to improve customer experience needs ... Views: 108
A good organization is one that has a clear roadmap and vision, irrespective of the type of organization. Having a good organizational structure ensures methodical achievement of targets leading to growth.
Here is a look at 8 positives of a well-structured organization:
1. Well defined roles ... Views: 92
Start-ups and small businesses need to get a lot done in a small budget. So, founders are fussy when it comes to investing in core operational software. Discussed below are some high-performing options of Software. All of these have user-friendly interfaces and provide multi-use features. Some ... Views: 138
When establishing a new business, the company's organizational structure has to be the center of attention. The structure has to be decided as per the company's scope, industry and commercial objectives. Organizational structures have to be as ordered and simply defined as communication ... Views: 119
Taking everybody along while pursuing company goals is what makes for a cohesive and inclusive organization. But, is it as easy as it sounds? A company will have multiple individuals with different attitudes and points of view. Here are some ways to build an efficient team and take common goals ... Views: 126
Taking everybody along while pursuing company goals is what makes for a cohesive and inclusive organization. But, is it as easy as it sounds? A company will have multiple individuals with different attitudes and points of view. Here are some ways to build an efficient team and take common goals ... Views: 76
Responsible waste management entails a lot more than simply reducing or recycling and feeling entitled about your environmental measures. It is an attitude that must be imbibed into every organization. Here are three key benefits that small businesses can gain from applying responsible waste ... Views: 77
Making that step from a small time business to one that is successful can be very difficult. Here is a brief overview on the crucial steps businesses should follow to achieve their goals –
1. Setting Up Clear and Achievable Business Goals
The main questions that every administrator of a ... Views: 86
Zero waste is an important waste-management policy that is the need of the hour at the moment given the environmental risks human civilization is facing. However, it calls for a philosophy that uses the implementation of strong policies, resources, and ground-breaking tools in order to show ... Views: 140
Several management executives fail to understand the difference between a task and a mission. Whereas a task can feel like an obsession, a mission is purer. It is a collective dream that every employee must share. When implemented effectively, this idea of a mission can become an asset in ... Views: 83
Professional goals that are vague, such as “become a millionaire” or “become the best in my industry,” are bound to fail. Setting specific, time-bound and achievable goals is what gives entrepreneurs the focus and motivation needed to convert their dreams into a reality. Here are some key ... Views: 108
Do you know your business probably produces twice as much waste than it did a couple of years ago? Recent studies have shown that with the increase in over-packaging and plastic use, waste materials are on the rise in office spaces. Here are 7 innovative ways your business should follow for ... Views: 108
Small businesses are failing at a concerning rate. In a recent study published by the Business Magazine, it was revealed that 50% of all American start-ups failed to survive for more than five years. Identifying and mitigating such risks of shutdown has to be the first commercial strategy of all ... Views: 96
As hostile takeovers became a seemingly common and acknowledged part of most capitalistic business practices, the over-all belief during the rise of these conglomerates was that occupant management can take no action whatsoever in order to effectively prevent an unwanted and hostile takeover. ... Views: 65
Realizing that every successful business faced a failure at one point is the key to being a brave entrepreneur. Here are seven noticeable inspirational businesses that took big risks and embraced long-term success.
Twitter
In 2008, when Twitter initially started expanding its users, its profit ... Views: 115
In the November of 2012 world’s leading content streaming service Netflix was compelled to adopt a poison pill to ward off infamous corporate raider Carl Icahn’s attempts to take over the company and make it an appealing bait for bigger conglomerates in the video business such as Microsoft, ... Views: 107
The road to entrepreneurial success is laden with risks. Here are 8 key risks all entrepreneurs should consider taking –
1. Technological Risk
As a result of expansive technological advances, taking risks in the field of innovation and creating a commercial system that keeps up with the rapid ... Views: 119
When small companies face the risk of being taken over by a hostile conglomerate, contingency plans become their last resort. These contingency plans being the last efforts to save a company’s or its shareholder’s sovereignty can often border on the extreme – hence such strategies are not the ... Views: 104
The road to entrepreneurial success is a dead end without opportunism. And with great opportunism comes the test of risks. Here’s why entrepreneurs love taking risks and and a comprehensive checklist for entrepreneurs on how they can master the art of successful commercial ... Views: 112
Since its conception in the 1960s the “poison pill” strategy has continued to be one of the most inventive ways for relatively smaller businesses to legally respond to increasingly aggressive moves made by large conglomerates in their bid to buy up companies as they wished. Without these ... Views: 104
For new entrepreneurs, taking risks goes hand in hand with daily operations. Regardless of the size of the risk, there are no hard and fast rules about entrepreneurship and risks are almost mandatory in order to be one step ahead of the competition. This is not to say that taking risks without ... Views: 116
It is normal for new entrepreneurs to make mistakes. After all there is no fixed guidebook on how to do well as a new business owner. In this complex game of trial and error, some mistakes can cause long-lasting damage to the business. More often than not, these mistakes are made in the field of ... Views: 110
A company’s ability to retain workers requires more than just creating an enjoyable working space. Top workers are simply a LinkedIn connection away from being lured into a better paying position. Building a team can be hard and with industries constantly modernizing themselves, it’s natural for ... Views: 103
The early 1960s saw the era of large conglomerates begin their quest for diversifying their operations by acquiring other businesses. Naturally concerns were raised as it was seemingly becoming impossible to stop conglomerates from having excessive economic power in a free market. Still, under ... Views: 109
Almost all independent entrepreneurs are aware of the fact that the odds of their company becoming a major success are stacked against them. Depending solely on the company profits for their financial needs is not exactly the best retirement plan. So, it is very important to set up various ... Views: 108
Skilled employees are perhaps the most valuable assets to companies. Retaining them is a crucial management step every administration team must take in order to prolong a business’s development and durability in the long run. So how can a business, especially a small and a new business, ... Views: 127
Whenever small businesses do well and establish their commercial presence, diversifying the revenue streams is the next logical step. Investing is obviously the most logical option. Forex trading particularly is a very popular option for small businesses in a lot of commercially growing ... Views: 95
A skilled workforce is perhaps the most essential part of an organization. Never mind the investment and the reach; it is the employees and their ideas that take companies to new heights. Here are some of the most important reasons why every organization needs a skilled workforce –
Maintain ... Views: 132
Whether it is a local consulting business or a small-time café, companies are always looking to increase their business opportunities without having to spend excessively. Here are 8 result-driven marketing strategies small businesses should consider –
1. Objectives and a Proportionate ... Views: 129
Be it a prominent tech start-up like Uber, or a more conventional corporation like Walmart, big companies often have a difficult time retaining their best employees. Here are the 7 major reasons why companies fail to retain their most skilled staff –
1. Not Allocating the Right Projects for ... Views: 109
Every new small business venture, irrespective of scope or potential, has an emerging issue in the present times. Their functioning is integrated with modern technology but there is a problem of plenty they face. For every aspect there are multiple ‘tools’ and tech solutions available. At other ... Views: 132
Every organization has its own work ethic and distinct culture. While certain behaviors might be frowned upon at one place, it might be glossed over at another. However, all organizations work on certain basic norms of employee behavior. Needless to say, these need to be emphasized and enforced ... Views: 151
Are you heading a new venture and taking your initial firm steps in the industry? Even if you are going great guns or just finding your way, it is always better to streamline the processes involved. This creates a launch pad for your business to really take off.
Question is how to go about ... Views: 112
Every workplace is different from the other in terms of requirements, environment and goals. However, there are certain roadmaps to be followed as far as employee behavior is concerned. How they score on the Behavioral Observation Scale is one of the key factors in making decisions related to ... Views: 115
With rapidly advancing technology in almost all aspects of daily life, a lot of small businesses are constantly struggling to change and adapt to the way successful businesses have to operate in this super-competitive market. Recently, a lot of small business owners have succeeded in using ... Views: 113
Employee behavior in the workplace has a direct relationship with the commercial actions of a company and synchronously, on how successful financially that company can be. Therefore various tools such as the Behavioral Observation Scale have been implemented to measure this aspect. Usually, ... Views: 156
Being an entrepreneur entails starting, running and managing a business, mostly all on your own. No matter how many people are behind you- it is your venture through and through. Thus, an entrepreneur who wants to be successful and retain the results of that success has to keep an eye out for ... Views: 125
Over time, employers have understood that using one fixed parameter to judge an employee’s performance in a stipulated period of time, is futile and rather biased. Therefore, other methods of appraisal came into being- qualitative and quantitative as well. Out of the many options available today ... Views: 107
People from all walks of life tend to look back to history to get a better grasp on their present lives. Be it reading countless books on leadership theories or going to leadership development seminars, for those who seek the information, there are numerous sources that offer treasured insights ... Views: 158