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Member You - Coaching Your Business To The Next Level Series Part 6 - Invest in Your People
Is your trade show booth beginning to show its age? Have people seen your booth so many times that you've gone way past branding and on to boooooring? Are you just wishing you had the money to buy a new trade show booth, but can't scrape enough together to purchase one?Well, you'll be happy to know that it really isn't necessary to buy a whole new trade show booth. You can fix up the old one in
Be careful what you wish for business ownership is hard work. Is there an easy way? Many very successful people in the corporate world are chosen for important assignments and projects at work. They then get frustrated, while trying to become an entrepreneur on the side, they feel that they are too busy working at the corporation to get anywhere in a business of their own.To those who feel this way
Invest In Your People
Mistake: Spending dollars on things such as technology and not people. People make the business. They create the loyal customers or disloyal ones. Employees don’t come to work thinking how they can mess up the company. Invest in people development and watch your investment quickly multiply.
People development is critical now more than ever given that we are in a knowledge base economy. This new economy has created new rules. Employees need to manage their freedom by making decisions that will be beneficial to all stakeholders. Micro-management is a thing of the past!
Many employees are promoted from within and that is a good thing. However, the reasons for their promotion were because they were probably the superworkers. Yet, in their new capacity as supervisor or manager will they use their job specific skills or will they need new interpersonal skills to demonstrate the same levels of success?
In all honesty, these dedicated and highly trained employees will use less of their job specific skills and knowledge and will need more interpersonal skill development including: supervisory or management, leadership, team building, time management, goal achievement and communication skills just to name a few. If you are not including the education and training of these skills for your recently promoted e
Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.There are distinct processes that enhance problem identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialisation. Whilst there is no sure fire route to commercial success, t
People development is critical now more than ever given that we are in a knowledge base economy. This new economy has created new rules. Employees need to manage their freedom by making decisions that will be beneficial to all stakeholders. Micro-management is a thing of the past!
Many employees are promoted from within and that is a good thing. However, the reasons for their promotion were because they were probably the superworkers. Yet, in their new capacity as supervisor or manager will they use their job specific skills or will they need new interpersonal skills to demonstrate the same levels of success?
In all honesty, these dedicated and highly trained employees will use less of their job specific skills and knowledge and will need more interpersonal skill development including: supervisory or management, leadership, team building, time management, goal achievement and communication skills just to name a few. If you are not including the education and training of these skills for your recently promoted
Do you want to completely eliminate every competitor you will ever face?Do you want your clients and prospects to see you as a unique solution to a focused challenge they encounter?Does feeling good about the start of every day excite you enough to take action that is different than what you have been doing?If so, I would like to introduce you to the greatest single differentiator any
Many employees are promoted from within and that is a good thing. However, the reasons for their promotion were because they were probably the superworkers. Yet, in their new capacity as supervisor or manager will they use their job specific skills or will they need new interpersonal skills to demonstrate the same levels of success?
In all honesty, these dedicated and highly trained employees will use less of their job specific skills and knowledge and will need more interpersonal skill development including: supervisory or management, leadership, team building, time management, goal achievement and communication skills just to name a few. If you are not including the education and training of these skills for your recently promoted
Getting people involved in measuring and improving performance is one of the greatest challenges (and greatest enablers) in designing measures that lead to improvement. But just inviting them to a workshop, or telling them to come up with measures, rarely works. Here are my favourite ways to authentically involve people, in a way that has meaning for them.Idea #1: ask them what their biggest obstac
In all honesty, these dedicated and highly trained employees will use less of their job specific skills and knowledge and will need more interpersonal skill development including: supervisory or management, leadership, team building, time management, goal achievement and communication skills just to name a few. If you are not including the education and training of these skills for your recently promoted
Fear in starting a job search is a four letter word! Like any other four letter word, the word itself can create more fear, and some- times self-loathing!Look at the fear when it applies to a job search.Fear of others.Fear of change.Fear of rejection.Fear of being seen as inadequate.Fear of taking action, (procrastination in disguise
Not investing in your people is probably more costly than investing. For example, as a small business coach, one thing that many of my clients recognize is that their people waste at least 12 minutes each and every day. This translates into 1 hour per week or 52 hours per year. Do the math. If the employee is making $30,000 annually not including benefits, this is a minimum hourly waste of $14.42 or a yearly waste of $750.00. An investment of $500 per person into a good and sustainable time management training and development program makes sense unless you like losing all that money.
Research indicates that the cost of employee turnover ranges from one year’s salary and benefits to two year’s salary and benefits. Turnover not only affects the hiring and training of new employees, but it also has long term affects on productivity, customer relationships and morale within the organization. The question on your desk as the leader of your business is: Can you afford not to
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