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Being productive–the rate at which someone is doing valuable work–can impact a business significantly. Good business productivity is determined by a company’s speed and quantity of production and the quality of the work they can get done while utilizing the optimal combination of time, resources, and more.
For business leaders, problems with productivity often occur, which can result in lost revenue and sales, missed deadlines, and even an increase in employee turnover. Being productive doesn’t simply mean producing the right amount of product within the appropriate time frame.
Corporate culture is becoming increasingly more important than ever. In fact, 92% of executives say that they believe improving their firm’s corporate culture would improve the value of their company. A strong organizational culture can help create the competitive advantages your business needs.
Emphasizing a strong culture across your organization is extremely useful and crucial for achieving several benefits of business success. However, only 12% of executives believe that they are driving the “right culture.” If you’re looking to know what it looks like when a company has the correct culture, here are some indicators.
As the year comes to a close, it’s essential to begin thinking about your budgeting plan for the upcoming year. Do you plan on keeping it the same, or do you need to revise some things? Below we list how to create an effective business budget for the new year.
Whether it was a success or an obstacle, we learned something from it. Reflecting on previous challenges and achievements can teach us so many things for this upcoming year. These are some lessons we learned and expect to take with us in 2022.
As a business owner, it is never easy to share what you are struggling with. You may feel like you are letting people down, or you may feel like you are coming off as inexperienced. There can be many reasons why you do not want to communicate your problems.
Building professional relationships may feel overwhelming because there is a lot of effort to form a long-lasting one. In a world where connections mean everything, it is no surprise why creating these connections can be beneficial to your business. From growing your knowledge to getting access to new contacts, developing professional relationships can be crucial to success.
Relationships are essential for every business’ success. Having access to valuable professional relationships can get you access to many new and advantageous opportunities. Additionally, 85% of job success is related to strong human skills.
Manufacturing is a critical part of the American economy, accounting for 8.51% of all U.S. jobs (and growing). Because manufacturing is so vital to the success of this country, manufacturing CEOs and leaders must be adequately equipped to lead. Continue reading to learn why a business coach could be the key to unlocking success in the industry.
When running a business with many competitors, it’s important to know how to stand out from the crowd. Here are 5 ways a manufacturing business can communicate their value and set themselves apart from the competition.
Contrary to popular belief, it can be just as challenging managing success as it is managing failure. Not only is it very easy to become disillusioned with the idea that you’ll never achieve anything of merit again, but there is also the significant pressure that comes with maintaining success. As such, it can be difficult for success to be understood and appreciated the way it should be.
When you're ambitious and working towards a goal, it can be easy to get overwhelmed as the expectation to succeed begins to mount. These internal and external pressures can make it difficult to continue working. Luckily there are healthy and meaningful ways you can overcome the stress and anxiety to succeed.
The longer you work on a project, the harder it may be for you to see it objectively. Instead, you're more likely to view the project through rose-tinted glasses, considering the time and effort you put into it—this is where an outside perspective comes in.
Your data means nothing if you are not looking at the correct information. That's where Key Performance Indicators, or KPI's, come in. These allow your company to determine what success looks like and then attribute a metric to track it and determine how well your company meets those goals.
Understanding your data is essential in business. Not only can it highlight high-risk areas that need attention, but it can also emphasize what's being done right. Below are three key reasons why data should be one of the main drivers behind decision-making in your business.
It’s easy to get lost in the details and completely ignore the big picture. Details are what help us tackle the problems of everyday life. The thing is, as important as the details are, it’s essential to take a step back sometimes and look at the bigger picture.
Details are important. The problem is too many details can lead to information overload, making it difficult to find and use the details that matter most. While sometimes taking a step back can help clear things up, that might not always be the answer. In cases like those, one of the best things you can do is sift through the information and clear away the excess to focus on what really matters.
Failure is a natural part of life and business. Countless articles have been written on the subject, and they usually express the same basic idea -every failure has a few bits of success in it. This is a great mentality to have.
Asking for help in everyday life can be difficult. When it comes to work and other professional settings, the process becomes even more daunting. For many people, asking for help might feel like admitting weakness, incompetence, or failure in the workplace. This is not the case.
Failure is a natural part of life and business. Countless articles have been written on the subject, and they usually express the same basic idea -every failure has a few bits of success in it. This is a great mentality to have.
The short answer is no. Failure is often not as bad as you may think it is. Though we don't like to think of it, failure is a fundamental element of success. It is not something to be ashamed of but instead is an opportunity to learn and grow. Finding the value in failure is simply a matter of shifting your perspective.
With 2021 well underway, it is about that time when people start getting overwhelmed with all the tasks and responsibilities set for the year. Although the new year is a great time to set goals for yourself, it also tends to become difficult to meet those goals once the reality of the year sets in.
Work-life balance continues to be a common buzz word in the professional environment. Proper work-life balance helps to prevent chronic stress and burnout in the workplace. Unfortunately for many people, the pandemic has further blurred the already hazy border between work and life, making proper balance even harder to achieve and maintain.
The new year presents a unique opportunity for growth and change. Don’t waste a chance to develop further in the new year by approaching it from the wrong perspective. Starting the year on the right foot is one of the best ways to achieve your goals for the year. Below are 10 tips to help set yourself down the right path.
For many people, the new year is all about growth and change, resulting in goal setting and resolution planning. Unfortunately, the hustle and bustle of everyday life often render these goals forgotten by mid-February. This doesn’t have to be the case!
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