Remote working has in the recent past gained momentum among employers, more so for the benefits, it gives to a business. Besides reducing office expenses, it allows the employer to engage the right people regardless of where they are. However, these people can easily become demotivated because they work with all the distractions that come with working from home.[continue reading…]
Leadership is an amazing experience. It gives you the opportunity to shape and influence an organisation and, perhaps more nobly, to turn a vision and a dream into reality. That said, leadership can be hard, and people often harbour unrealistic expectations about what is involved.[continue reading…]
Good leadership is vital regardless of the size of the business, but a medium or large business will at least have enough managerial support to mitigate the damage caused by leadership problems. A small business doesn’t have that kind of buffer. With such a small team, a lack of stable direction can have disastrous consequences.
Keeping staff happy is essential for a thriving, productive workplace. Making sure that your staff are happy will ensure that they are working hard to make your business a success. Scheduling and managing shifts can sometimes be difficult, especially when running a small business. However, by creating a ‘give and take’ relationship with your employees, it can be beneficial to you both. A good business leader will always keep employee satisfaction and happiness in mind.
“I wear my heart on my sleeve” sang the Scottish seventies duo, Gallagher and Lyle. Is that level of transparency appropriate at work? What place do emotions have in business? Are they helpful or harmful? Wearing your heart on your sleeve is often misconstrued as your emotions being out of control. In truth, it means to openly show your emotions, to be transparent, to be true to yourself. The musical duo continued: “I’m not afraid to say what I mean, mean what I say”, advocating emotional honesty as the best policy.
Some people are comfortable with the routine and regular income that comes from being an employee. If being an employee suits you then that’s great. However, for some people being an employee can feel like an inescapable trap. If you start feeling like that then you should consider starting your own business. You will need certain skills to thrive as a business owner, but most importantly you need to be a leader and be focused in order to be a good entrepreneur.
It’s no secret that half of the start-ups started in the UK fail within the first five years of operating. Small businesses should consider surpassing the five year mark as a real accomplishment, as that is the point they are out of the danger zone. So, what are the reasons behind the failure of these start-ups?
It’s no secret that the survival of small business can be challenging for entrepreneurs in the UK — only four in ten businesses survive past the five year mark of running the business. Businesses fail from making continuous mistakes which lead to the collapse of their business, so knowing the causes of business failure is key to eluding those factors and focusing on success. A plan to survive should therefore be accompanied by short and long term goals and objectives to keep you on track.
We’re often told that to be a successful leader we need to be able to establish a clear vision, share that vision with others in a clear and compelling way, provide others with the resources to realise that vision, and co-ordinate the sometimes conflicting interests of all stakeholders. But there is one more trait that every leader needs; flexibility. For example a business with its back against the wall requires a different style to one which is enjoying a profitable, steady state. Flexible leadership skills make a more effective business leader.
Virtual teams and telecommuting are now accepted features of corporate life and continue to be on the rise. The benefits are many: flexible working, cost reduction, increased employee motivation, productivity gains, reduced stress and sickness levels. Aided by technology you can connect with team members almost anytime, anywhere. You can join a meeting from your small businesses premises as easily as you can conduct an appraisal conversation from your kitchen table. As remote working is getting increasingly popular, you will need to know how to manage remote workers.
Employees don’t leave the company they leave their horrible bosses. A great number of employees like their job but their relationship with their boss makes it difficult for them to enjoy their job. A lot of employees start the year by looking for new jobs and this is because they want to leave their ‘horrible boss’ behind.