Friday, December 19, 2008

Some managerial tips

As a manager it's really very difficult to manage things around in your office. I had also face the same problem. But then i found some tips from Mr. Bard Bolton. Here are those tips which can help you too.A mark of a good leader is to be able to provide consistent motivation to his team encouraging them to attain excellence and quality in their performance. A good leader is always looking for ways to improve production and standards.
Leadership: Effective leadership allows any manager to transcend geographies, organizations, and cultures. It will produce desired results despite the ambiguity and level of risk. The key is to be a true leader.Observing employees at work, the procedures, interaction and work flow is foundational to implementing adjustments to improve results. To have credibility, a leader needs to be seen and be known to be up to date with what is happening in the work place.
Relationship building: Having a significant personal network of people will continue to be a smart way for managers to operate in their careers. Remember that relationships are the basis of personal credibility.
Monitor Employee Performance: Employee performance needs to be monitored in mutually accepted ways. Policies and procedures need to be clear. Conferencing should be on a regular basis and not just when there is a problem. Assessments and evaluations should not be merely all formality or viewed a necessary paperwork to be done and filed away. Individual and group conferencing should be undertaken not only to monitor performance, but with the expectation of on going professional development and support. There should be frequent encouragement and clear criteria for on going goals both for the group and individual.
Project management: The emphasis of the future has to be in the leadership and interpersonal skills that ensure sound project-management practices. Projects fail because relationships and expectations fail.
Good Decision Making: Good leadership is characterized by the ability to make good decisions. A leader considers all the different factors before making a decision. Clear firm decisions, combined with the willingness and flexibility to adapt and adjust decisions when necessary, create confidence in the leadership.
International cultures: Globalization and the offshoring of jobs to foreign countries require that we learn to work with and understand international cultures. The "American way" won't always bring success in how we run our business or in how we develop and nurture our relationships.
Listening: Probably the least understood skill is that of listening. Managers need to hear what's not expressed in words--the body language, the tone being used, etc. Too often, we're busy determining what we're going to say next, rather than understanding what's being said.
Change management: This is a necessity, as change becomes our steady diet. Managers won't be able to lead others through changing times and situations if they can't learn to change themselves first.
Producing results: Successful leaders will get results by setting the direction, aligning the people, and motivating them to produce results. It can no longer be done by just commanding people to do work.

Thursday, November 13, 2008

Business Tips

I have a friend who does teaching and its taken him 20 years to build a following . I own a company and chose to still continue it now however its so slow. I make crafts regularly and as long as you love what you do it will sell. As with all service businesses, you can either stick to what you know or change with the tides.If you're going to do this for the long hall I'd suggest you stick with what you know and add inexpensive things until you find something that you like. Your customers like each area, are different. I use to live in Nepal and what sells there for big money.Budgeting is a very vital task that you have to master if you want to succeed in any of your business venture. You have to be conscious about everything that you have to allocate funds to. And this includes printing prices and other considerations when it comes to your marketing tools.
With the tough economic times and as it gets tougher every day, you have to make sure that you will thrive in the industry you are in. But no matter how hard times are, you must never stop from advertising. You can pause a while if you really cannot afford to move forward. But make sure to create a bang the next time that you are in it again.
You don't want to commit the mistake of being mistaken as non-existent. Remember that there are many businesses that come out each time that you fail to make any move to reinstate your place in the industry. If you are going to be lax, time may come when you have lost everything that you have worked so hard for, including the patrons that you thought were loyal to you.
So go and get your budget fixed. Here are some aspects that you may want to look into to help you with this goal.
1. List down all elements in your business that requires you to allocate funds to. Write down the estimates of the total cost that you may incur in the process. Look closely at what you've written and weigh things out. For example, do you really have to opt for the broadcast medium when print can give you same output without having to spend too much?
The idea here is to list down your options and choose the best that suits what you have without going overboard. If you have set your eyes on the print medium, canvas on other considerations like printing prices. Look at the choices and decide on the ones that fit your budget right. If you have a need for many materials at one time, then it will be better if you will avail your materials in bulk. Such project will be processed through the offset method of printing that will create more savings for you and your business.
2. Hire a professional to help you in budgeting. This is important especially in dealing with money. One wrong move or miscalculation can lead to bigger troubles. So it will be best if you will get down with business knowing that you have every aspect of it ironed out.
3. Look at your expenses. If there are unnecessary purchases, make sure that you avid doing such in the future. This is important so that you will learn to handle your finances accordingly. This will also help you in learning the art of self-control especially now that you have your business to tend to.
Knowing the range of printing prices is only one way for you to start on to the right budgeting tricks। As you stay longer in the industry, you will reap the rewards of your hard work and will learn to appreciate the value of the money invested and allocated correctly.


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