Better Business Management

When was the last time you took a step back to think about what you want to do to make your business more successful? Here are are few simple, but essential, tips: Define clear Goals As far as possible, define the goals in terms that can be measured. Then, as changes are proposed (and they will be!), you have a set of well understood and defined criteria against which to measure the impact and relevance of changes. And there will be changes! More>> Review your business plan You do have a Business Plan, don’t you? A good business plan will save you time, money and possibly even your business. But you need to look at it regularly, and update it as business conditions change. If you haven’t reviewed it in the last year, take some time to do it now. More> Innovate Are you stuck for ideas to take your business forward? If you’ve got staff, they can be a fabulous source of new ideas to improve...
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Motivate your team without giving them a Porsche!

How to motivate your team without giving them a Porsche!   Thames Valley Chamber HR group recently asked me to present on the topic of non monetary rewards, as an introduction to a ‘table discussion’. Some of the key messages are summarized here. Why do you need rewards? Surely having a job and being paid is enough?! Well no, it doesn’t quite work like that. According to HRmagazine.co.uk & Hyphen: A third of employees would take a pay-cut in favour of more annual leave Career prospects are more important than money for graduate jobseekers A quarter (25%) of 16-24 year olds chose their employer based on number of holidays Nearly three quarters (70%) of more than 1,000 employees polled feel their employer either takes their efforts for granted or expects them to feel grateful for having a job An effective compensation & benefits strategy is an opportunity for an organisation to differentiate itself from its competitors, and will make a significant positive difference to an organisation’s success. We live in challenging...
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