Running a business can be tough and result in a lot of frustration from staff, management, and customers. Sometimes that frustration can boil over and cause consternation among the core elements that need to function for a business to be successful. This week, let’s look at an issue that can really hurt your business.
Sure, retailers have to manage their inventory effectively, but have you ever thought about the way your own business manages what it keeps on hand? Today we want to discuss five ways your business can more effectively manage inventory—and it turns out technology plays a pretty significant part in improving any inventory control system.
Retaining your organization’s top talent has become more critical than ever for businesses aiming to thrive and grow. Your employees are your most valuable assets, and losing them can be costly and disruptive. High turnover rates not only impact productivity but also your company's reputation and bottom line. So, what can you do to keep your best employees engaged, motivated, and loyal to your organization? Let’s explore some of the best strategies for retaining your top talent.
To most businesses, effective leadership is essential to help promote growth, drive innovation, and ensure the successful conclusion of assorted tasks. While there are various leadership styles, one approach that stands out is leading from the front. Let’s take a look at what this means and how to do it effectively.
One way businesses attempt to save money is through automating certain processes and tasks that have traditionally been time-consuming or monotonous for their workforce. When implemented appropriately, automation can cut costs, streamline operations, and improve quality of life for workers. However, just because a task can be automated doesn’t necessarily mean that it should be automated. Let’s look at the arguments for and against automation in these contexts.
Cyberattacks are a serious problem that all businesses face in some form or another, but there are small, everyday tasks you can do to ensure that they impact your organization as minimally as possible. It takes intention and effort to protect your business and its infrastructure, but that doesn’t mean that it has to be hard. Here are three simple ways you can keep your infrastructure secure.
There are countless moving parts to any successful business, and smaller companies often have the issue of their employees juggling multiple different tasks and wearing all kinds of different hats in addition to their outlined job duties and responsibilities. You might encounter situations where you don’t know what to do, and it can be overwhelming when so much needs to get done in so little time.
Businesses rely on vendors for several things, whether for services rendered or the acquisition of technology. Unfortunately, the act of managing so many vendors can be exhausting and downright time-consuming for companies. What is the forward-thinking company to do, and how can it overcome the challenges of vendor management?
Ever since employees began returning to the office after getting a taste of remote work, there has been an ongoing war between employers wishing a return to normalcy and the employees who would rather get their work done from the comforts of their own home. Now, a new survey indicates that half of employees would rather quit than deal with an employer who mandates a return to the office environment.
We are in the midst of a phenomenon known as The Great Resignation, and like many other time periods in the past with “great” in their title, they are anything but that. In this case, the Great Resignation has to do with people leaving their jobs without having new ones lined up, creating a lot of problems for businesses with employee turnover. Let’s take a look at the Great Resignation and what it means for small businesses.
When was the last time that you took a hard look at your business’ technology? How old are some of the devices that you rely on each day? These are critical questions to answer if you want your business to succeed. Let’s discuss why upgrading is so important, and how to determine when the time to upgrade comes.
The process of implementing new technology for your business can be a tiresome, frustrating, and confusing process. This is especially the case when you implement a new technology solution only to find that it was absolutely not worth the effort. Let’s take a look at some of the reasons why your IT project deployment might not go according to plan, as well as how you can make sure this does not happen for your company.
Security can be tough for small businesses to optimize, but that does not make it any less important. One such way that security can work against you is actually your employees’ predispositions toward it; the cognitive biases that your employees have regarding security can put your company at risk, even if that is the last thing on their minds.
Technology is such a wonderful tool for productivity, but one thing that you need to understand is that it cannot work miracles. At the end of the day, we are all still human; distractions creep in that technology cannot prevent. Some users struggle with staying focused, which in turn leads to unproductive behaviors, all of which compounds to create wasted time and money. Let’s discuss some ways that your employees can overcome distractions in the workplace.
Many small business owners are in a very tough position. Not only have they had to navigate months of government-mandated limitations, health scares, and rising vendor prices, they also don’t have any definitive answers to when this whole period might be over; and, what a new normal will look like when it is. For these reasons it is crucial that an organization has solid leadership in place.
How many times have you gone to the store and bought something that you already had? Unfortunately, this happens all the time, but fortunately it’s usually a half gallon of milk or a loaf of bread. When it happens in your business, it can be much more expensive. Today, we will advocate for an inventory strategy that will keep you from spending wads of cash on redundant investments.
For small businesses and startups, it is extremely important to choose the collaboration tools your business needs to meet consumer demand. It is often the case where members of your team are going to be asked to work together toward the successful conclusion in the delivery of a service or the creation of a product. Today, we will go over some considerations that decision makers need to sort through in order to find collaboration solutions that will help meet a business’ goals.
It’s true that today’s businesses rely on software to help them fill in the gaps. For certain businesses, however, not just any piece of software will do. If your business is reliant on specific software to properly run your business, or if your business functions in an industry rife with regulations, you might be looking for a line of business software.
The office is a place where work gets done, but it’s also known as a sedentary lifestyle. Workplace wellness programs might be an $8 billion industry, but the effectiveness of these programs has yet to be determined. Let’s take a look at what kind of office wellness programs might work for you.
There aren’t many happier moments for a person than when they score their first big job. The opportunity to use the skills they have learned, and to pay off some of the debt that knowledge set them back, are two activities most people who are in this position relish. However, you can’t expect these opportunities to keep your employees around forever... you need to meet (and sometimes manage) their other expectations of the workplace.