The common belief is that employees are motivated when they are rewarded for their good behaviour. However, this may do more harm than good. In this video, I explore how reward systems and policies can be discouraging the behaviour you want from your team. Can rewards motivate behavior? In a recent study on organisational behavior, …
How an employee reward system can curtail productivity Read More »
When you start a business, build it and employ people, you become leader of your team. Some business owners may not like the idea that their team would actually look to them for guidance over a myriad of business issues. But if a little effort is taken to improve your leadership skills, you can …
Hiring people to expand your team is something that you will need to look for consistently as your business grows in revenues and turnover. However, if you are to hire the wrong person into your team, the cost of doing that can quickly escalate. Tony Hsieh, the CEO of the online company Zappos which …
Rapidly Growing Business – How to hire the right people in your team Read More »
As business owners and managers of teams, we sometimes stereotype the behaviour of people from certain cultures when it comes down to working with them. At times, managing a culturally diverse team can be demanding. But can the business benefit from it? Managing a business team with members coming from different cultural backgrounds has its …
The Challenges and Rewards of Diversifying Your Team Read More »
What is gratitude? Why do we need to express it? Business Owners understand that they need to keep their team motivated and productive. Research shows that business owners and teams benefit from expressing gratitude often. According to Forbes ,expressing gratitude has scientifically proven benefits to you : * Gratitude creates more opportunities to establish connections. …
Most of us recognise the benefits of sharing in our personal lives, finding satisfaction in the simple act of giving time or knowledge to a friend, partner or passer-by. When it comes to the business world, however, the benefits of sharing are often overlooked. Determination and single-mindedness are undoubtedly useful qualities if you’re striving for …
Have you ever found yourself surveying another company, wondering how they always seem to land on their feet? No matter what they do, multiple opportunities for growth just seem to present themselves to them, and their business continues to move from strength to strength. How do they do it? You might find yourself suspecting that …
Most of us agree that gratitude is important for showing appreciation to those who have helped us, and a reminder of what’s good in our lives. However, recent research suggests that the benefits of expressing gratitude are more significant than we may previously have thought. It appears that this simple act can have a …
As you can imagine, your values influence many of your decisions in life. This is especially true when running a business. In some cases, being driven by your values is a positive thing. However, what many business owners don’t appreciate is the financial implications involved when a value is taken from your personal world and …
How Your Values Can Potentially Impact Your Business. Read More »
Has this title been done to death? Look it up online and you will find endless resources on how to get the best from your team; not to mention plenty of information offering advice on how managers and business owners can learn to motivate, entice and even cajole their team into doing what they want …
How to manage your team effectively: A fresh perspective Read More »
Business owners are continually faced with a barrage of things to do which causes them to lack time and focus. From daily operational requirements which meet short-term demands, to marketing implantation to optimise the position of the company in the market, to strategic management aimed at ensuring the company goes in the desired direction. One …
It is a widely held view that getting an education for business will improve your chance of success in life. In the business world, as the market demand has shifted from manufacturing workers to technology-savvy ones, governments worldwide have been encouraging their workforces to retrain, so that they can remain productive throughout their career. While …
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