leadership

7 Things That Can Kill Your Company Culture

/ nancyrubin

Every company develops a unique culture that defines how people feel and behave as they work. For the most part, business owners and managers take the lead in creating a culture that reflects their values.

A study published by the Gallup organization revealed that having highly engaged employees resulted in 10% increase in customer satisfaction. Research also shows that the productivity of workers can jump by 12 percent when they feel satisfied. Such efficiency gains reduce the cost of human resources and directly impact your bottom line.

Build a healthy, satisfying work environment for your business by avoiding the following killers of your company culture.

1. Not Hiring Team Players

Some people just don’t work well with others. You might even use labels, such as “jerks” to describe them. They constantly criticize their boss and try to spread discontent. If you have this type of person on your staff, now is the time to weed them out.

Meanwhile, do everything possible to ensure that you only hire team players. Try to screen your applicants by their demeanor during interviews as well as feedback from their personal references.

2. Bureaucracy

A multitiered hierarchy can kill your company culture. Seemingly endless meetings, PowerPoints, emails, and “edicts” from upper-level management can waste time and leave your team members feeling powerless.

Help people do their job by only involving them in meetings that directly impact their work. Also, ensure that each worker directly reports to only one supervisor or manager. Empower your employees to innovate to improve quality and efficiency.

3. Stress

Deadlines are only one of the many sources of stress that can kill your company culture. You need to counter the pressure to promptly complete projects with sensible work-related practices. For instance, encourage your staff to take breaks, drink water and eat healthy food.

Fantastic managers periodically check on their direct reports to answer questions and ensure that work proceeds smoothly. If you leave your employees without the answers they need, they will feel stressed, especially as due dates approach.

4. The Boss’s Way or the Highway

As a leader, you should welcome diverse perspectives and opinions, even when they contradict your own. Furthermore, by emphasizing results rather than tasks, you can help your team develop independence and confidence.

When you let everyone participate in decision-making, you help them have a sense of value and belonging. Your employees will begin to identify themselves with the firm and always look for ways to improve the way they work.

5. Lack of “Beyond the Paycheck” Motivation

Some employees only show up to work because they want a paycheck. These workers show little intrinsic motivation and will rarely do anything outside of their job description. Such workers can kill your culture and negatively impact everything your firm does.

Engage your workforce by providing perks and incentives that transcend payday. Motivate your employees by providing each of them with a clear path to advancement. Also, consider offering non-traditional work arrangements such as remote work and flexible scheduling.

6. “Keep Your Head Down and Get it Done” Attitude

Employees who focus on doing their work without providing feedback can cripple your business. You need people on your team who will share their ideas and ask questions in ways that stimulate innovation.

To create engaged employees, never ridicule a suggestion and insist on practicing an open communications policy. By creating a safe, trusting business culture, you harness the thoughts, experiences and ingenuity of your employees for the common good.

7. Micromanagement and Lack of Trust

Healthy relationships among your team members require you to trust them. However, in many companies, business owners and managers communicate distrust by micromanaging everything their workers do.

Avoid closed-door meetings and suspicious whispers in hallways that make employees feel as though you are deciding their futures without them. Instead, treat everyone with respect and assume the role of a mentor or coach rather than an overlord.

In the end, pay attention to all the feedback you receive, including from employees who leave your business. Take your employees seriously and treat them right. By building a healthy company culture, you build a strong reputation for your firm and a solid foundation for success.

Jen McKenzie is a freelance writer from New York, NY. She is fascinated by all things having to do with words,business, education and cutting-edge. When Jennifer is not busy writing, she enjoys taking long walks and spending time with her two pets Brando & Marlon. You can reach Jennifer @jenmcknzie

4 Ways Business Managers Can Better Connect with Their Employees

/ nancyrubin / 1 Comment

The most effective managers are those that make it look effortless. Connecting with your employees is the best way to become more effective at your job. Here are some techniques that you can use to help you better connect with your employees.

Practice Open Door Relationships

Almost every manager will say that they have an open door policy. Employees know that some managers are just saying this instead of practicing it. You have to practice what you preach. Take the time to listen to what your employees have to say. Be sympathetic and try to help them brainstorm solutions to their problems. You may find that they’re more willing to be open with you in return. This could help you to be aware of ongoing issues within your employee group.

Provide an Outlet

There will be times in which your employees need to vent. Let them know that this is okay as long as they’re respectful of their coworkers. Another venue to provide them with an outlet is to host an event or company party. This will allow everyone to get out of their element and socialize. Look into using a rental company like Party People Rentals & Sales to help you with your party needs. It will give you more time to focus on planning activities instead of the logistics.

Be a Mentor

Give your employees an opportunity to grow into a new position if they’re interested. You can help them achieve their goals by providing mentoring and helping to set goals. This will give you a chance to have a meaningful conversation with them about their motivations and desires. You may find that you have more in common with your employees than you had previously thought. This can garner you more respect with other employees.

Get down with It

Some of the most effective managers are those that understand all aspects of the job. Lead by example and pitch in if someone is out sick or there is a large project looming. If employees see that you’re willing to help out when needed, they view you as more approachable. This may be all that you need in order to start connecting with them. A manager that’s willing to get into the trenches tends to be more respected and trustworthy.

The first place to start when connecting with your employees is to make it personal. Having a vested interest in their success will show them that you care about their well-being and livelihood.

Guest author Hannah Whittenly is a freelance writer and mother of two from Sacramento, CA. She enjoys kayaking and reading books by the lake.

 

Devious Dealings: Handling An Errant Employee Properly

/ nancyrubin

Providing a comprehensive security in your business isn’t just relegated to your IT infrastructure, you have to consider the human aspects too. There are some industries where this can be low down on the priority list. But, there are personal issues that are very difficult for a business to deal with. An errant employee, either one who isn’t pulling their weight, or is even committing fraudulent activities on site, is something that every entrepreneur and business owner can have a struggle with. Firstly, it reflects poorly on the business if any employee does anything to undermine the company, but also, dealing with the person can be a very sticky situation. So, generally, how can you deal with the person, but also, how can you make sure that this doesn’t happen again?

Astute Observation

For something like an employee committing fraudulent activities on site, you need to make sure you gather enough evidence. Nowadays, there are so many different approaches to collecting this data, there are companies like WesTec Services that provide video security, so you can see exactly what is going on. On top of this, if the offending employee knows how to cover their tracks, you may need to spend a lot more time developing more sophisticated ways to keep tabs. You have to be very careful when amassing evidence, because if you are accusing someone of something that they will flat out deny, whether it’s a criminal offence, or if it’s something relating to their personal attitude towards the work, you need to ensure that you can display this evidence clearly before progressing with any form of punishment or feedback.

The Punishment Matches The Crime

For something like criminal behavior, it’s more clear cut; it’s usually an instant dismissal. But when it comes to making sure that the person who isn’t pulling their weight in a business is adequately punished, this is where semantics is best discussed. Especially, with regards to HR rules and regulations, you need to make sure that you are developing the member of staff appropriately, and not punishing them needlessly. Learning and development, as well as constructive criticism are things that will help, but also, implementing specific deadlines can be something to ensure that they are taking the feedback seriously. This is why quarterly reviews and one-to-one sessions are so beneficial now.

Give A Clear Message

It’s a very overused sentiment, using someone else “as an example”, but it’s important that you give a message to the other members of staff who are going down this slippery slope. For something like criminal activity, an instant firing can give the right message to the employees, but for those employees who are underperforming, using someone as an example is certainly a great way to make sure all that other workers are performing to standard. In addition to this, this communicates to clients and people outside of the company that you have a handle on dealing with these types of employees appropriately.

It’s very difficult from the perspective of a business owner, because you have your own reputation as well as your business’s reputation to maintain. You don’t want these types of employees to show up your company, and this is why you have to have something in place that deals with these errant types effectively.

Why All CEO’s Value Education Above All Else

/ nancyrubin

It’s important to know how to run a business in the modern world. While in centuries past it might have been sufficient to be the only retailer of a certain good in your area, now you must likely compete with several businesses in your city just to stay afloat. All CEO’s and leaders of businesses value self-tuition over all, and this is for a good reason. In order to develop and progress in manner that most affords positive and continual development, the ability to discern between good and bad information is paramount.

This means that understanding where to draw these parameters is one of the most advantageous intellectual battles you can take care of in the life of your firm. After all, ideas are the generators of business, and without them your efforts would quickly fade into irrelevance. Here are a few reasons as to why continual self-development is so important as a business leader:

Historical Understanding

Understand the past, and you can predict the future. At least in part, and to the degree that is worthwhile. In noticing patterns and being able to scope out the tastes of a market, you might just develop or market a product perfectly in line with the innovation-hungry and novelty-interested tastes of a market. This might even help you develop practices that make more sense. For example, studying ecommerce history could give you a more inclusive attitude about how to adopt certain accommodations in future, and try to tailor the direction of your business in a compatible tandem with that.

It also allows you to see the current historical significance of your product and firm as a whole, and try to tailor this to become more appealing in future. Those without a good knowledge of history are doomed to repeat it (as they say,) meaning that taking care of this can arguably provide benefits on many levels, from the customer base to your staff to your upper management.

A solid historical understanding might also mean reading and analysing case studies of previous businesses (like yours,) that tried and failed. This can inform your understanding, as the wise amongst us learn from those around us.

Blind Spots

Blind spots are always there for us ignore. No matter how competent or well-read you are, they will occur. This lessens your ability to serve in all roles as a business leader, or to make effective decisions. With the correct education in new and growing fields relating to your business, you can lessen this impact. You might not be able to completely protect against this, but you can surely become better at discerning the difficulty and acting upon it.

For example, learning how online transactions are usually conducted might allow you to systemize your approach to accepting them in your business, despite being a perfectly store-led company until now. Times seem to be changing faster than ever, and with the right educational refinement, you can keep up with all of this.

So why not make an effort towards educating yourself today? Revolutionizing your business and potential success might demand nothing less.

 

So, You Want to Be Your Own Boss? Take These Steps to Succeed

/ nancyrubin

It’s 2018, and the climate is perfect for entrepreneurs of all sorts, hence the growing number of people who are starting their own businesses, and successfully so. From stay-at-home parents, students, digital wizards, all the way to fully-developed remote companies, there’s a whole range of profitable careers you can tap into directly from your sofa.

And what makes it even more appealing is the fact that nothing prevents you from growing your business globally. However, as dreamy and perfect as all of this sounds, there are several key steps you need to take in order to make your way through the crowd of home-grown businesses.

Do what you love

And what you are brilliant at, since being average in this day and age will not get you too far, especially if you have to cover your own business expenses for the time being. The same goes for a business started out of passion, but without a clear idea of whether or not your product or services are actually needed, so you need to consider if there is a gap in the market for what you are offering.

Spend some time (but not forever) thinking about and brainstorming on everything you could see yourself doing for hours on end, with enthusiasm and vigor, and assess whether or not you are actually good at it enough to make your business attractive and stand out in the market. Love is where it starts, but skill and need are also essential.

Create a business plan

Now that you have established your ideal profession and analyzed the market to learn that it’s actually needed, you need to put it all in perspective. A business plan should include every single branding, marketing, communication, production, advertising strategy for the next year (or more), along with measurable metrics, milestones to track your progress and alternative routes for added flexibility.

A detailed business plan still makes room for adjustments on the go, because you can never fully anticipate market fluctuations or prevent slumps in your marketing campaign performance. You need contingency plans that will help you run your business even when things are slow or you come across an unexpected obstacle.

License and registration, please

Of course, before you start working on developing your business for the customer, you need to cover the legal bases that will make your company a recognizable legal entity in your country (or the entire world). From obtaining a federal tax number, completing company registration forms for your business, getting the needed licenses and certifications, to deciding on bookkeeping systems, it can take some time to make your company come to life from a legal perspective.

It’s unwise to do both the legal and the creative aspect simultaneously, since you might find yourself overwhelmed with work, and the complexity of each task may vary from one profession to another. Getting to know your country’s laws and regulations is a must for a business that wants to have a long and prosperous life.

Learn about your target customers

Who is your product or service intended for? How do you envision your ideal customer? Where can you find them, where do they spend their time? What sort of communication channels do they prefer and what language can they relate to? What’s their average age, most common occupations and anything else that makes them who they are?

Understanding your future clients means that you have shifted your view from your product itself to the person for whom you are creating the brand. This information and analysis of it may lead to adapting your product or its presentation to make it more appealing, or completely rethinking your brand identity to have a better chance at establishing trust and offering value to your customers.

Keep learning

Even if you are starting your business with a decade of experience in the field, it’s crucial that you stay open-minded to new ideas, concepts and discoveries emerging every day. As you develop your company, you will need to keep up with the trends in your profession, so that you can stay in the forefront and offer more quality than your competitors.

Do your best to take online seminars, attend networking events, take up additional courses and education whenever possible. These added skills and certificates will only add more value to your brand and give you more skills with which you can keep your company strong.

Control your environment

A seemingly insignificant factor that has brought many a home business to its knees is the mere atmosphere of where you do your work. Just like you put so much time into defining your talents and your business, you should adapt your home to have a designated work area.

It doesn’t have to be an entire room, as long as you know how to steer clear of distractions such as your TV, private social media profiles and other irrelevant notifications. Create a work area that will inspire you to work, create and devote yourself to your work, and be mindful of the time you spend growing your business – although it may be a pivotal segment of your life, don’t let it consume all of your time. Make sure you stay healthy, lead a social life and expand your horizons, because you never know from where your next favorite project may come!

 

Guest Author is Alex Williams is a journalism graduate, and a rookie blogger trying to find my luck. Blogs are the perfect opportunity for presenting yourself to wider audience, getting the chance to showcase my expertise and receiving recognition. Alex is a regular contributor at Bizzmark Blog

 

 

10 Powerful Habits Every Successful Entrepreneur Should Adopt

/ nancyrubin / 1 Comment

Regardless of the niche that you want to focus your efforts on, you will face many obstacles, uncertainties and risks with your new venture. While each situation is unique, the most successful entrepreneurs often share several factors in common. For example, they may have profound experience in their industry and refined personality traits. More than that, they also usually have exceptional habits that guide them to success. These are some of the habits that you can cultivate to increase your chances of success with your next venture.

1. Pay Attention to Customers

You may think that you would need to aggressively market your products and services or refine a high-pressure sales pitch to be successful, but this is not the case. The most successful individuals are focused on improving their customers’ experiences with the company. Consider your own past experiences with different ventures. If you had a great experience, you are more likely to do business with the company again and to tell others about your experience. Successful entrepreneurs incorporate customer service into their activities because they understand this critical element.

2. Show a Positive Attitude

Whether you are drafting an email, presenting a seminar or hosting a meeting in your office, you must always communicate with others in a positive way. Regardless of how tired, unhappy or stressed you may actually be feeling, you must always present yourself positively. Learn to control your emotions so that you never yell or pout when you are unhappy with a situation.

3. Behave Respectfully

Regardless of whether you are speaking with the janitor in your office or a high-powered executive who you are trying to woo, you must always treat others with dignity and respect. The most successful entrepreneurs understand the inherent contributions that each person makes, and they know the value of these contributions. Verbal and non-verbal communication should always indicate respect, so keep that in mind.

4. Socialize with Successful People

If you want to be successful in life, you must surround yourself by successful people. When you do this, you will also surround yourself by their positive energy and can-do mentality. And before you know it, you will absorb such a mindset. They may also inspire you, offer helpful tidbits, or even support you in your endeavors. On the other hand, steer clear of people who drain your energy and detract you from your goals.

5. Don’t Be Late

Punctuality is one of the most significant non-verbal signs of respect that you can show someone. It shows that you value their time and that you understand that they have important tasks to complete throughout the day as well. More than that, when you are prompt and punctual, you prove to others that you are responsible and dependable. Some people avoid working with people who are continuously late because of how unprofessional or ill-prepared they may seem. Do not let this happen to you. Get in the habit of leaving early so that you can always arrive early or on time.

6. Constantly Set Goals

Successful entrepreneurs never settle for less. They are constantly setting new goals for themselves that push the limits in different ways. These are highly motivated individuals who strive to move forward and who are unhappy with the status quo. They may evaluate programs, analyze progress, set new goals and work daily to achieve them until those goals are accomplished and new ones can be set. Be a goal-setter and success will follow!

7. Gain New Experiences

If you want to emulate the success of top entrepreneurs, focus on exposing yourself to new things. Avoid monotony, and shake things up in both small and large ways. For example, try new meals at restaurants, rearrange your office furniture periodically, take an exotic vacation to a new destination, attend a professional seminar and more. By doing so, you can bolster creativity, meet new people, and constantly keep your mind active and inspired.

8. Commit to Lifelong Learning

Entrepreneurs do not see education as something that is attained or completed. Instead, they see it is a lifelong effort. They are always curious, and they read books, watch documentaries, or attend seminars and trade shows to learn about different things. They may also sign up for podcasts or webinars, take an online course, or download an educational app ─ today, educational technology offers almost limitless possibilities. So, remember to keep your mind open and always strive to learn more.

9. Take Care of Your Health

The most successful individuals understand that mental aptitude is linked to physical wellness, and both are necessary for success and profitability. Avoid working nonstop as this can lead to burnout and fatigue. Instead, leave plenty of time in your week for downtime, such as yoga and meditation to de-stress. Also, focus on favorite hobbies, exercise regularly and follow a healthy diet that gives you the energy and nutrients necessary for productivity.

10. Be Persistent

Perhaps one of the most important habits that entrepreneurs develop over time is persistence. While there may be a time and a place to throw in the towel knowledgeably, such as when cutting losses, entrepreneurs do not give up simply because the going gets tough. Instead, they dig down into the trenches, avoid feeling discouraged and keep their eye on the prize.

Final Words
As you can see, there is far more involved to being successful than simply getting a good degree at a top school. You also must adopt the right habits. Did you notice that the first five habits listed here are people-oriented and that the second five habits are self-oriented? Both are critical if you want to be as successful as possible in life. So, don’t waste another minute and start adopting these habits today!

 

Helen Eagleton - Headshot

BIO: Helen Eagleton, a freelance blogger from Boston, follows topics in the realm of education, technology, digital marketing, and business in general. When she’s not researching for her next article, she enjoys watching documentaries and exploring the nature. Reach her @eagleton_helen

The Characteristics Many Successful Businesspeople Share

/ nancyrubin

Successful entrepreneurs like to plan. They don’t like to go into a meeting blind or launch a product without making absolutely certain that they have done everything they can to make it great and to launch it at the perfect time. If you want to be successful, you can’t just go with the flow; you need to set out and follow a roadmap for success.

They’re Natural Leaders

If you want to create a business that does well, you’re going to need to have direction, and you must be able to lead others in that direction with you. All of the best-known business people, who’ve experienced great success have done so because they’ve been able to get the best out of their employees. That’s why so many entrepreneurs are now enrolling on leadership masters programs or taking leadership and communication classes locally. No matter how determined you are or how good your business idea is, if you can’t lead your team, you’re unlikely to reach the top of your game.

They Know How to Manage Money

Money is the lifeblood of business. You need to know how to invest money wisely, when to cut it off and how to streamline your cash flow for the best results. So, it shouldn’t be surprising to know that successful business-people are almost always great with figures. If you aren’t exactly up to speed with all things financial, it might, therefore, be worth taking a class or two to get you up to speed.

They’re Confident

When you run a business, you have to be confident in your abilities, and you need to be able to get up and sell your products and services to others. If you’re a shrinking violet, you won’t impress investors, customers or, well anyone really and that won’t help you gain success.