October 22, 2009

Some Suggestions about Health and Legislation

Filed under: Improving Your Health, Management Stuff, Miscellany — admin @ 1:40 pm

It’s opinion in a lot of businesses that, by supplying employees with basic instruction in workplace safety, they are sufficiently prepared to manage a crisis. The truth of the matter is that, irrespective your industry, employees need much more than simply education in health and safety legislation. You need to provide your staff with competent supervision, the right equipment, and last but not least the opportunity to practice. All teams need an effective supervisor to watch over employee performance, but this person also needs to take an even more important function in the company. Whomever you select as the supervisor needs to agree that health and safety education is fundamental and have the ability to get other staff feeling enthusiastic. In addition to following all of the rules and regulations, the individual supervising must also ensure that each employee works to the best of their abilty. This is a tricky job. The supervisor is advised to possess in depth knowledge of both the industry and the product not to mention an advanced understanding of the safety regulations, risk assessment, and emergency assistance techniques. It simply is not adequate to send any employees on a health and safety course. To effectively identify a problem area they need practise. Staff also require insights into the essential safeguards that they must to put in place as well as how best to react if anything goes wrong. Your staff are only properly protected when everything has become automatic.

Instruction is by all accounts not enough without safety equipment. When they find they don’t have items they need, or determine that they’re damaged only after something has happened, the education they have undergone is essentially useless.

Regularly scheduled maintenance of your equipment is a good idea. When anything won’t meet the relevant criteria, be sure to get it remedied ASAP and put it back in the appropriate place.

Your workforce have to receive good health & safety education, but in addition they need the right supplies, the chance to practise, and an experienced supervisor who gets employees excited about working safely. When you take this advice you will see that all the safety regulations be a natural component of working life not an inconvenience for employees to remember.

October 8, 2009

Performance Management Software and Its Part in Increasing Profit

Filed under: Doing Business, House Of Software, Management Stuff — admin @ 5:38 am

In the current economy, reducing costs and making the most of your employees is the surest way to boost profits. Performance appraisal software, despite frequently being overlooked, provides a significant asset for corps looking to do this.

It’s common knowledge that making the most out of your company requires knowing in what areas each of your employees work at their best, and knowing how to adapt your procedures to match. While this information is highly useful, it isn’t really effortless to obtain. Defining and tracking development through employee evaluation on its own can be a huge task. You first put employee evaluation techniques together in order to appraise all work carried out by each member of staff. And if you’re using conventional approaches, you’ll have to examine all of this information by hand simply to define goals, and keep track of further advancement.

When using performance appraisal software you’ll find that this preliminary work is done for you and you need only look at the different metrics and factors to determine what the right set of goals for this member of staff would be. It also makes keeping track of the member of staff’s progress much less effort. This takes away the need to spend time on analysis and is likely to be far more useful. It’s of course also possible simply to use the system to track raw data like performance reviews and to analyze these items yourself.

Performance management software can do more than help staff. Both clients and suppliers can be studied using such programs, providing you with still more performance management tools. Identifying the suppliers that carry the best quality or lowest priced products can cut costs significantly. Clients have their own metrics to be scrutinized, and just as with suppliers and internal questions this information can be used to streamline your processes and benefit your bank balance. This information is useful in minimizing expenses and boosting profits. Not only that but the better understanding of your target demographics will permit easier planning of your advertising. Performance management software can keep track of your suppliers so you can save money and watch the market to tailor plans and increase your profits. In addition it streamlines the process of managing employee performance and helps set precise targets for your employees dramatically. The sky honestly is the limit with performance management software backing you up.

October 2, 2009

Some Tips re H&S

Filed under: Improving Your Health, Management Stuff, Miscellany — admin @ 11:44 am

Nowadays some companies feel that, when all of their staff have enough health and safety instruction, they now have all the knowledge required to cope with an incident. The truth of the matter is that, irrespective of the industry you’re in, training in health and safety regulatory affairs just is not adequate. You need to supply your staff with an enthusiastic supervisor, the proper equipment, and last but not least regular practice. Every team needs an effective supervisor to watch the work area, but this individual also needs to fulfill an even greater function in the business. The supervisor you pick out requires good communication skills, they should also see health and safety instruction as great. In addition to observing rules and regulations, a supervisory role includes overseeing employee performance levels as well. This is a hard job. Extensive industry knowledge is vital for a supervisory role not to mention a high standard of comprehension of up-to-date regulations regarding safety, risk appraisal and first aid.

Providing basic training in health and safety isn’t enough for your employees. They have to get practical experience of risk assessment and the identification of hazards. They additionally need insights into the essential precautions that they are required to put in place as well as knowing what to do if anything goes wrong. Not until these procedures become habitual are employees properly protected. Training is useless if you don’t buy safety equipment. When employees find they don’t have apparatus they need, or even discover that equipment is damaged when they really need them, the education your staff have already taken will have been basically for nothing. Regularly scheduled maintenance of your apparatus is a necessity. If an item isn’t in good condition, be sure to have it repaired as promptly as possible and return it to the proper place. Health and safety training is essential for the well being of your staff, but in addition they need decent equipment, scheduled practise excercises, and a supervisor who can motivate your staff. Then abiding by health and safety legislation will be a part of your employee’s working habits not an inconvenience that staff have to make an effort to remember.

September 12, 2009

Some Thoughts on Human Resource Management

Filed under: Doing Business, Management Stuff — admin @ 7:29 pm

Success in the modern business world depends on the efficient management of people. With a little effort you may succeed in developing these skills. It can be an advantage to have a natural affinity for people, but there are numerous skills you can do to simplify the process.

Click here and review our vast site for human resources ideas.

Relationship Building: Addressing staff by name will be a start. Engage in conversation; look people in the eye during a conversation. Do be respectful, and be sure to pay attention to the other person’s opinion, regardless of whether you agree with them. Paying attention to everything staff say is one of the most important human resource management skills in your arsenal. Be sure to show interest in what everyone can offer the business.

Exhibit integrity: Keeping your promises is crucial. When a promise is not kept, it can damage trust, and no-one will offer you their best efforts without trust. Everytime you give a commitment or make a promise about something, you are wasting your time if you don’t keep your promises. To be frank, if you can’t be depended upon, your employees can’t be relied on to be committed if you truly need them.

Welcome any comments: Feedback must be a two-way process. Human Resources management skills mean being open to all feedback. If you can show approachability and openness, you show that other’s thoughts matter to you, your opinions will be respected in the same fashion. Supporting open discourse also promotes new ways of thinking, ways of achieving goals, and strengthens the bonds of an excellent team. By allowing the staff a voice, every team member takes ownership of the outcome. Promote all sorts of communication: Communication is central to managing employees effectively. Keeping an open door policy, listen intently to other people’s opinions, remember to welcome employees to express their ideas, and permit team members an equal voice. The team should be inspired to communicate with each other as well as with you. The exchange of thoughts is imperative in the creative process, when the staff communicate well, you can root out any problems at an early stage, and corrective measures can be implemented before things get out of hand.

Some time is essential, but the rewards far outbalance the effort necessary. Through promoting a good team dynamic and developing effective listening skills, a successful business can be achieved.

September 11, 2009

The Significance of Escrow Services and Suppliers

Filed under: Doing Business, Economy + Finance, Management Stuff — admin @ 8:30 am

An Escrow is a deposit of finances done by the buyer as payment for the purchase of a particular asset while the vendor deposits the legal documents and instruments pertaining to the asset. An escrow firm handles and supervises these deposits impartially. Commonly, the seller and the buyer need to agree on which escrow functions provider they would employ although in most situations it is the vendor who selects. The escrow company providing the services makes certain that an agreement is reached and contracted by both parties. It is likewise liable to implement the particulars of the agreement and facilitate an uncomplicated change of possession.


Using escrow services has the succeeding advantages: both parties are reassured that their deposits are guaranteed as fulfilled by the escrow company; escrow ensures that duties are done by both parties; proper queries and investigations are formed to make sure the property is exempt from obligations.


When the sale contract is attained and the escrow service provider is chosen, the sale agreement will be committed to the firm furnishing escrow services. The escrow firm then goes on to produce an escrow account for both parties. Once done, the seller will then deposit the documents pertaining to the property and for his or her part, the buyer proceeds to deposit the payment.


The escrow firm makes sure that the deed or title of the asset is loose from all hitches. This routine gives safety to the purchaser when seizing possession of the property. In addition to the responsibilities already brought up, the escrow provider also handles certain stipulations the contract may have which include fixings and restorations, date of close, insurance policies, loan payments and date to empty the property.


Either the purchaser or vendor can prefer for the cancellation of the escrow if they consider it is necessary. Before they can manage this, they should both agree and indicate so in writing. If the cancellation goes through, service charges will be collected by the escrow functions supplier. A legal hearing may be made to handle the cancellation.

June 21, 2009

Some Thoughts on People Management

Filed under: Management Stuff — admin @ 8:47 pm

Success in business depends on competent people management skills. With a little effort you can acquire and improve these techniques. It can be a plus to have a innate affinity for people, but you can do numerous things that will facilitate the process. Relationship Building: Remembering people by name is a great start. Speak to people; make eye contact when you are talking. Do be respectful, also listen to what the other person says, irrespective of whether you agree with them. Paying attention to everything employees have to say is one of the most important talent management skills in your arsenal. Encourage any input from your co-workers. Keep your word: Do not give promises you can’t keep. When your word is broken, it will damage trust, and nobody will offer you their best without trusting you. Everytime you say something or give your word on something, you are wasting your time unless you keep your promises. To be honest, when your people can’t count on your promises, your employees can’t be trusted on to be committed when you actually need them.

Be open to feedback: It’s a two way street. Keeping an open mind regarding other’s ideas is an important skill in effective talent management. If you can establish accessibility and receptiveness, you show that your co-worker’s opinions matter to you, and they should appreciate your ideas. Welcoming discourse in addition promotes original ideas, ways of accomplishing goals, and develops the bonds of an excellent team. By giving the employees a voice, each member of staff invests in the project’s outcome.

Communication is the key: Good communication is central to managing people with skill. Be approachable, utilize listening techniques, keep an open mind, and allow team members an equal voice. Encourage team members not only to communicate to you, but with each other. The exchange of thoughts is essential in the creative process, if the team communicate effectively, it is easy to spot any issues before they become problems, and corrections can be put in place before things get out of hand.

A little time is required, but the payoffs far outbalance the effort. Through building the bonds of a good team and by taking on board what your team has to offer, you can easily achieve a successful business.

March 3, 2009

Internet Conferencing Calls Offer a Huge Chance to Reduce Unneeded Company Expenses

Filed under: Doing Business, Management Stuff, Telecommunication — admin @ 1:05 am

Oil costs are soaring and this causes corporate expenses are pressed thin harder than ever before. With an global economy sputters and capital continues to be rare, wise businesses acknowledge additional expenses have to be reduced. Executives everywhere must make some important decisions to shrink expenses. Perhaps the better method to reduce company expenditures is to hack away at frivolous travel allocations, and the easiest way is web conferencing.

Online conference calling permit business people to converse with stakeholders electronically in a meeting in a distant city, in another time zone or most definitely in another continent. Typical Internet conferencing calls make use of new networking technology. Since that they are streamed online, they merely make additional use of no additional organizational resources. Only by going to the web, can a business person lead a far off presentation from literally any locale with Internet access. Its more than just everywhere, it has huge potential to reduce big travel five digits or more in a year.

Advancements in telecommunications technology make Internet conferencing calls possible for executives to share information and presentations seamlessly. Internet conference members feel as though they were in the same room, even if they are thousands of miles across the world. The detail of the video, audio, and presentation should be without flaw through the best in network communications.

Its hard to miss how almost any business will increase profits by using Internet conference calls in place of blowing thousands dispatching an executive on a long-distance trip. Your company shouldnt throw away money on transportation costs, hotels and meals. These trimmings quickly add up. Any dollar saved translates to increased flexibility for a company. Most everyone knows that the smart companies are deciding on web conferencing calls to save expenses on low-priority company journeys.

June 3, 2008

Being Proactive: How Not To Miss Your Deadline

Filed under: Management Stuff — admin @ 11:54 am

As you climb higher and higher on that precarious corporate ladder, you’ll eventually get to the point where you are depending on other people to get work done for a deadline you are responsible for. An example of this would be if you are leading a team doing software design, and you are responsible of having all of the designs done by a certain date. You are responsible for the end result (all of the designs done), but you need your team to actually write the designs for this to happen. What happens if your team doesn’t make the deadline? Who gets the blame? This is a simple answer: You.

With this idea firmly in mind, how do you prevent missing a deadline? This is another simple answer, and yet many people don’t follow it: Be proactive. What does this mean? Well, I find that a good amount of the time a deadline is missed because the team lead does not check to see if their team is on track until the last minute. Finding out that three designs aren’t going to be done the day before the deadline is due is not going to do you any good, as it is too late to do anything about it. However, if in this same situation you were to check a week or two before the deadline was due, the outcome might be different. This is being proactive. For our purposes, we can define it as taking action with enough time before your deadline is due to correct any problems.

The following are three things that you can do to be proactive on your projects as a team lead:

  • Have regular meetings – Not just every once and awhile on the fly, but scheduled meetings. This means that your team knows that you have a meeting at a certain time on a certain day every week. For instance, you could have a 10:00 AM meeting every Monday to kick off the week and make sure everybody knows what they should be working on. Also, you could have a meeting at 3:00 PM on Friday to wrap up the week. You don’t have to go overboard and have a meeting everyday (unless you’re in really deep trouble), but I’ve found once or twice a week to be effective. Make sure that you have a structure to the meeting as well, and it’s not just everybody standing around randomly talking. You need to conduct it and have a clear agenda when you go in for what you want to get out of it.
  • Keep a tracking spreadsheet – This is another important organization tool: The tracking spreadsheet. Yes, it is a pain to maintain. However, it will save you from a lot of problems in the future. With this spreadsheet, you can see your team’s progress at a glance. This makes it easy to go into a meeting with them and ask questions about who is slipping or who is going to be ahead of schedule and why. This can save your deadlines by allowing people who are ahead of schedule to help pick up the slack of those who are falling behind. Also, this is good for meetings with your boss so that you can give them an easy to understand overview of how your team is progressing. The key point to remember here is to make sure your tracking spreadsheet is up to date. It does you no good if you have one, and yet nobody has updated it for a week. If your team is responsible for updating, remind them to update at the end of everyday (or whatever works for you, I just find the end of the day to be effective). If you are responsible for updating it, make sure you set aside a certain amount of time to do it everyday.
  • Check in individually – Even if you have regular meetings, you should have informal progress checks with each of your team members. This doesn’t mean that you have a schedule a specific time for this, this can be as simple as stopping by their cube and asking them how they are doing. This way you don’t have to find out about a problem that happened on Tuesday at your regular Friday meeting. By performing these progress checks, you relay a message to your team that you are right there with them in the trenches, and that you are there to help if they have any questions. Also, as stated above, this allows you to take action immediately on a problem instead of having someone waste their time working on it for days at a time. Linking to the point above, if you find a change in someone’s progress as you talk to them, update the tracking spreadsheet immediately after you get back to your desk. This way you can see how that change is going to impact the rest of the team and your final deadline.

These are just three ways I’ve found that help me to be Proactive. There are probably lots of other ways specific to your work situation that can also help you out. A good way to think about your deadline situation is this: Whoever is holding you responsible for your deadline probably looks at your project as something of a black box. They don’t want to know the fine details, they just know what they want to see come out of it. With this in mind, you want to deal with any problems that arise inside that box, rather than outside of it, so that when your finished product comes out the end result is what this person is looking for.

Kevin Augustine is the administrator for Workplace Life – Where Every Cubicle Has a Window. Visit us for helpful articles on common Microsoft Office software such as Microsoft Word and Excel. We also have articles on career management, surviving in the office, professional email tips, and bits of humor to lighten up your day.

May 22, 2008

Benchmarking: Avoid comparing yourself to the industry average.

Filed under: Management Stuff — admin @ 9:50 am

Most organizations conduct employee surveys of various types either annually, every two years or sporadically. Some organizations use the data from the employee survey to affect real change that contributes to their ongoing success. There are organizations who like to focus on comparing their survey scores to the scores of other organizations and there are the organizations that do little with their survey results. The focus of this article is to discuss the middle group: those organizations that like to focus on and compare their employee survey scores against the average scores of all the organizations that are in a third party database.

Many surveying companies sell their services on the basis that they will be able to compare the scores of the one company against the average score of all of the organizations in their database. Comparing yourself to someone else is enticing. We have been exposed to comparative data from the first day we stepped inside a school. Throughout our primary and secondary education we were compared to the rest and typically this comparison was against the “class average”. We knew who the smartest and the dumbest kids were but it was the average that counted. Was I above or below the class average? That was important in terms of dealing with our own self esteem and dealing with our parents. This was not the case for all students. The parents of some students demanded top marks and that is exactly what those few students worked towards. They had to be the best. They had to have the top marks.

This was all very interesting but in the end it was irrelevant. When it came time to apply to university a new standard had to be reached. University entrance requirements varied but one thing was clear. Average marks were not good enough. In fact being above average in many instances was not good enough. University entrance requirements were demanding and one had to strive for a new and much higher standard than “average”. The profile or status of a university that you were interested in attending, determined the level of academic excellence you had to achieve.

It is puzzling to see how many organizations fall into the trap of placing a great deal of emphasis on comparing their surveys scores to a database that represents the average of a number of companies. These comparisons are sought not only for the overall scores of the employee survey, but for every question in the survey.

It would appear that a fundamental question needs to be asked by every organization-why are we conducting an employee survey in the first place and what are we going to do with the results.

From a strategic perspective it would seem reasonable to think that an organization would wish at the very least, to demonstrate that the survey is helping the organization to achieve their strategic goals. In other words, they are conducting the employee survey as a way of obtaining employee information that can be used to improve for example, workplace practices in order to lift their employees’ working experience. In turn this will lift the customer experience and profits.

However, if this or some other strategic purpose is not being fulfilled by the employee survey than the value of conducting the survey is questionable. One could argue that comparing oneself to other organizations is in fact a legitimate strategic objective. It is worth knowing how you compare to the best. How does your stock performance compare to the best in your business sector-not the average of all the companies in your business sector but only the best? How do your employee survey scores compare to the best in your business sector-not the average of all the businesses in the database but only the best?

Comparing oneself to the very best is legitimate especially if the best sets a benchmark that you adopt as your own. But to compare oneself to the average serves no useful purpose. If a senior management group knows that their scores are better than the average of all the companies in a database, strategically of what use is this information. Perhaps it may give them a sense of pride knowing that they are better than the average. But it may also lull them into a false sense of confidence. The question that should be top of mind is “are we really as good as we can be and are we really achieving a level of excellence that will sustain us over the long term.”

For example, employee turnover in the retail sector is fairly high. Most retailers take it for granted. Entec Corporation has been working with Gap Inc. Canada for several years. Gap offers excellent training programs especially for their associate managers and store managers. In 1999, Gap was routinely being raided by other retailers and their annual turnover rate for store managers was 39% and for associate managers it was 48%. This was costing Gap hundreds of thousands of dollars each year in recruiting and training. With over 200 stores and 10,000 employees across Canada, these costs were unacceptable. Entec Corporation was engaged by Gap to conduct an Organizational Health Survey. Gap acted upon the recommendations in the survey and was able to reduce manager turnover rates to 13% in one year.

But these lower turnover rates were accompanied by real business gains. For example, secret shopper scores increased by 5% after only eight months and sales in Canada over the last few years have improved to a level where the Canadian operation moved from being about in the middle to becoming one of the most profitable divisions in the world. The survey results were linked directly to the bottom line.

If Gap accepted “the trap of comparing themselves to the average” and accepted the conventional wisdom that “this is the average turnover rate in retail so we are OK”, they would not have saved thousands of dollars each year in training and recruiting. More importantly they would not have experienced the benefits that reduced turnover brought them; namely preserving human capital of highly trained managers that helped to grow Gap’s business. This last point is typically overlooked. The impact of a reduction in turnover of well trained employees to the bottom line of a company is considerably higher than the cost savings achieved from reducing recruiting and training.

Several points need to be considered when embarking on an employee survey:
1. Develop clear strategic objectives
2. Measure towards those objectives
3. Inform your employees of the survey scores
4. Follow up with positive implementation
5. If you must compare yourself to others, compare yourself only to the best

If this process is not followed the organization can expect:

1. Employee participation rates in the survey to be low (30% or lower)
2. Rising employee cynicism with the organization (why bother if the activity of completing an employee survey does not make a difference)
3. Employees become disengaged from the organization
4. The organization loses an opportunity to make significant strides in performance

Conclusion

The trap an organization falls into when they become focused on benchmarking themselves against others is that they lose sight of what is really important-what is it that we are doing well and where do we need to improve in order to create an even better organization than the one we already have. If you must compare yourself to others, compare yourself only to the best and do not get side tracked. Focus

Kelly McCullough is a graduate with a Masters in Organizational Health from the University of Michigan. She has worked for Entec Corporation as research assistance. One of her most significant projects was her work as a research analyst on a major study of older workers that was led by Entec Corporation for the Canadian Federal Government.