POST CATEGORY : Management

8 Essentials For Remote Working

Remote working is becoming the norm and that means more people will need to learn how to work from home. While some workers may have spent time working from home on occasion, full-time work from home roles are becoming more popular for employers. There are a lot of benefits both for the employee and the employer when they leverage the power of a work from home base.

Remote working

When you’re the one working from home for the first time, it’s critical to think about the following essentials. They’ll help set you up for success.

1. Dedicated Office Space

Working from home comes with a lot of distractions.…

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Maximizing Success of Large-Scale Business

If there’s one thing the previous year and a half has taught us, it’s that nothing is certain. The spread of the COVID-19 pandemic impacted businesses and industries worldwide, crippling some industries, shutting the doors of various companies, and changing lives forever. Not only were small businesses and startups impacted, but large, international brands felt the pinch of 2020 and the restrictions on trade.

Large-scale business meeting

Companies and brands globally had to scramble to adjust their business and strategies to cater to a new type of customer and to remain relevant in the unfamiliar landscape. Companies not only had to alter their offerings, operations, and processes but had to also shift employee management and overall infrastructure within the company.…

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How to Manage your Debt

Just came across a friend, and she told me she had gotten into a debt of $100K! I was stunned, and I supposedly believe anyone would. Someone who lives the same life as me has gotten into such a web, and how is that possible. I am guessing a lot of us get caught in it, and somehow it just happens. Everyone has a high probability to fall here, be it someone who earns thousands or billions.

Paying personal debt

Why Do People Get Caught in the Debt Cycle?

What triggers this situation in people’s lives? I am pretty sure no one wants to purposely get into it, but it happens anyway.…

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How to Deal with a Toxic Co-worker

You come across different types of people throughout your career. You might connect to some individuals on a deep level, making them your work best friend. On the other hand, you might also meet some people that make your workplace a living hell. When you’re bothered about a co-worker that has a significant impact on your mental health, you might be dealing with someone toxic.

Coworkers serious conversation

Credit: SHVETS production Via Pexels

Whether your co-worker is being toxic on purpose or unknowingly, it can alter how you feel at work. There are six types of toxic employees, including the slacker, gossip, lone wolf, emotional mess, and close-minded know-it-all.…

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Creating a Workplace Health Model

In recent months, you might be up at night, thinking about the biggest mistakes you can make as a business owner.

It turns out that many mistakes are entirely preventable.

Workplace health model

If you’ve been grappling with these concerns, now is a good time to set your course in a more positive direction. In the process, you could just help yourself to some restful nights and rejuvenating sleep.

Set Up a Company-Wide Health Priority

Even if you are a small business owner, keep your eye on the health and welfare of your employees. You don’t have to be a major company to offer health education classes, set up a workplace health model.…

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Who Should Use Six Sigma?

Every business owner wants greater efficiency. With Six Sigma, business owners can streamline business procedures to improve outcomes and reduce operational errors. Six Sigma has gained significant popularity over the past few decades and has even been used by the United States government.

Six Sigma

image credit: Six Sigma Institute / CIO Wiki

The methodology can be applied to a wide variety of industries and is often considered a business initiative that improves quality and lowers costs.

Let’s look at some of the benefits you can reap when you use Six Sigma with your organization.

Customer Retention

6 Sigma has been used by people in the banking world to streamline customer banking services and optimize business processes that were causing customer dissatisfaction and lost accounts.…

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Route Planning Vs. Optimization: 4 Ways to Identify The Right Strategy to Maximize Efficiency

Delivery and dispatch logistics can be a pain to deal with, especially in retail and the field service industry. And you know how much your business will benefit once you figure out how to optimize and make it efficient.

Logistics in field service business

You know that you need to ensure you can accomplish three crucial things:

  • First, deliver the goods and services to each customer as soon as possible.
  • Second, finish more job orders every single day.
  • Third, reduce overhead costs such as filling up your fleet of vehicles with gas, which typically make up around 59.8% of your operational costs per mile. (1)

Achieving all three equates to efficiency, fewer expenses, and more profit.…

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Becoming a Freelance Consultant: 5 Specializations to Consider

Not every business owner has the knowledge to manage all departments effectively. This is why so many small businesses now look to outsource certain jobs or depend on freelance consultants to help them master managing their business.

Freelance consulting

Professional consultants are in high demand, and if you’re knowledgeable enough to launch your own consultancy, there’s plenty of money to be made.

Despite often costing a pretty penny, consultants can be hired for as little or as long as needed. That means it’s usually a lot more cost-efficient for small businesses than hiring a specialist to work full time.

If you are interested in helping businesses across the globe work more efficiently and effectively, your knowledge could be your secret superpower.…

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How CEOs Can Use Digital Transformation to Improve Customer Retention

The buck usually stops on the CEOs table, especially for small businesses, and marketers who do the main job of converting and retaining customers don’t find their task easy; it takes ingenuity to convert a customer, and the effort that goes into retaining customers can at best be described as herculean. The conversion rate has become more of a mirage now that customers mostly do their shopping online.

Customer retention via digital transformation

The changes we are experiencing due to the COVID-19 pandemic have deemed it absolutely necessary that small businesses must thrive. While this is so, the competition is getting stiffer, even for large corporations.…

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What B2B Research Solutions Can Do To Help Your Business Grow

Standing for Business to Business, B2B research has several differences with B2C (Business to Consumers) research. True to its name, the involved participants in B2B research are mostly businesses or companies. Meanwhile, in B2C, individual consumers are mainly the targets or participants. Just from the participants, it can be seen that B2B has more complexity.

Developing B2B research strategy for decision making using BI reports

Luckily, there are dozens of marketing consultants that assist in making and doing this type of research. Before getting to know more about the aids that they could provide, here is a brief explanation about the B2B or Business to Business model.

What Is B2B?

The term refers to any transactional activities that happen between a company with other companies.…

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