Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Wednesday, December 14, 2011

Efficient Management Can Improve Business Performance

Businesses must make certain that their managers are completely competent or face a drop in profits due to decreased employee productivity.

Research by the Chartered Management Institute revealed that bad British managers were costing the economy billions of pounds due to lost working hours caused by their inefficiencies.

A large majority of employees waste numerous working hours on a weekly basis thanks to their managers providing poor communication as well as a lack of direction and support.

Businesses can combat these inefficient management practices by ensuring that their managers possess a professional management qualification or by providing them with appropriate training on a regular basis.

Employing managers who are not properly trained or qualified can result in a poorly performing workplace as an efficient working culture is created through the actions of senior employees.

Managers are more likely to make mistakes which will damage the performance levels of other employees if they have not undergone appropriate training to achieve a qualification.

Businesses must understand the potential financial implications of employing inefficient managers during the current economic climate where profits are being hit by decreasing consumer confidence.

Untrained managers are also more likely to exhibiting discriminatory behaviour towards employees which can be construed as bullying because they are unaware of the legal consequences of their inappropriate actions.

Managers that behave inappropriately towards workers risk bringing about expensive employee tribunals which can seriously damage the reputation of a business in the immediate and long-term.

Efficient, modern management is a world away from the macho methods associated with the 1980s and 90s as well as reality television programmes such as The Apprentice and Dragons' Den, which is something businesses should realise.

High-performing businesses require an efficient and effective work culture that is based on a foundation of transparent decisions, good communications and gender diversity.

Effective and regular communication with employees can help managers embrace new ideas and input from across a company which can improve business performance.

Properly trained managers who are adept at communication will know when employees have under-used skills or expertise which can enhance how a business operates.

Quality candidates are also likely to be attracted to and stay with an organisation where managers are trained about bullying and gender discrimination issues that can occur in the workplace.

Performance improvement consulting experts can help an organisation enhance their processes and ultimately increase productivity through the application of systems thinking business theory.

Himsworth Consultancy is a leading Management Consultancy firm of senior business and peformance improvement consulting professionals that can improve customer service through systems thinking. Click the links to learn more.


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Monday, December 12, 2011

Efficient Management Can Improve Business Performance

Businesses must make certain that their managers are completely competent or face a drop in profits due to decreased employee productivity.

Research by the Chartered Management Institute revealed that bad British managers were costing the economy billions of pounds due to lost working hours caused by their inefficiencies.

A large majority of employees waste numerous working hours on a weekly basis thanks to their managers providing poor communication as well as a lack of direction and support.

Businesses can combat these inefficient management practices by ensuring that their managers possess a professional management qualification or by providing them with appropriate training on a regular basis.

Employing managers who are not properly trained or qualified can result in a poorly performing workplace as an efficient working culture is created through the actions of senior employees.

Managers are more likely to make mistakes which will damage the performance levels of other employees if they have not undergone appropriate training to achieve a qualification.

Businesses must understand the potential financial implications of employing inefficient managers during the current economic climate where profits are being hit by decreasing consumer confidence.

Untrained managers are also more likely to exhibiting discriminatory behaviour towards employees which can be construed as bullying because they are unaware of the legal consequences of their inappropriate actions.

Managers that behave inappropriately towards workers risk bringing about expensive employee tribunals which can seriously damage the reputation of a business in the immediate and long-term.

Efficient, modern management is a world away from the macho methods associated with the 1980s and 90s as well as reality television programmes such as The Apprentice and Dragons' Den, which is something businesses should realise.

High-performing businesses require an efficient and effective work culture that is based on a foundation of transparent decisions, good communications and gender diversity.

Effective and regular communication with employees can help managers embrace new ideas and input from across a company which can improve business performance.

Properly trained managers who are adept at communication will know when employees have under-used skills or expertise which can enhance how a business operates.

Quality candidates are also likely to be attracted to and stay with an organisation where managers are trained about bullying and gender discrimination issues that can occur in the workplace.

Performance improvement consulting experts can help an organisation enhance their processes and ultimately increase productivity through the application of systems thinking business theory.

Himsworth Consultancy is a leading Management Consultancy firm of senior business and peformance improvement consulting professionals that can improve customer service through systems thinking. Click the links to learn more.


View the original article here


This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.

A Guide to Starting a Money Transfer Business

When starting a money transfer business, analyze the market and determine the business' primary customer base, potential affiliates, and competitors. Perform a market research study to gain insights from your key customer target and affiliate base. Engage in a sharing of ideas and strategies and obtain the sign on of these stakeholders, to assist the money transfer website developer in the creation of money transfer web applications, selection and implementation of software. Require the money transfer website developer to create logins to competitors' websites and to assess the functionalities of the available money transfer web applications and software. Assess the developer's findings and compare to the insights provided by the customers and affiliates during the market research study. Evaluate the competitions' market offerings and work with the developer to create the software specifications. Utilizing the competitors' websites, determine the type of web presence essential to drawing the attention of the business' target audience and mock-up a draft of the website layout.

When recruiting a website developer, ensure that you like the developer and that the developer has the appropriate experiences necessary to implement the web application. A skilled developer should be able to provide a free consultation, giving their opinion of the available software and web applications. Also, ask the potential developer to provide an example of their coding capabilities and references from previous projects. The opinions provided in the consultation can be used to obtain feedback from potential customers and affiliates. Analyze the feedback provided by the target customer and affiliate base and then ask the developer to make changes to incorporate the suggestions/concerns of these stakeholders.

Once you have determined that all parties are on the same page and that the money transfer website developer has an adequate grasp of your business' vital objectives, allow the developer to run with the project. Focus on your own core competencies and prepare for the inaugural launch of the website. Schedule follow-up meetings with customers and affiliates and continue to establish and develop additional partnerships, while strengthening the business' marketing capabilities and ability to appear in search results. Allow time for a subsequent market research review of the end-product web application and website before the launch. Offer market research participants a discount during the beta stage of the website and web application, in exchange for support via providing positive reviews and references for further customer base growth.

Spread the word that your new application is available and install analytical trackers to monitor how the software is used, how often, by how many people, and from which source users accessed the site. This data can be used to continually develop the web application.

Curious about what your money transfer application would look like? Contact the development team at CodersCode about your Money Transfer System and let the experts shed some light on the web-based application your business requires, and what it would look like if we were to develop it.


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