You don’t need us to remind you that running a business can be incredibly stressful. This stress comes from all kinds of factors, whether it concerns your staff, your management, or even your customers. However, if left unchecked, friction between your various internal forces can have negative consequences on your operations.
Osgood Unlimited Blog
Small and medium-sized businesses largely rely on their standing amongst their audience, which means their reputations are critically important to preserve. Unsurprisingly, one of the fastest ways to damage—if not eliminate—their reputation amongst the public is to suffer a cybersecurity event. Let’s examine some statistics, and consider what you need to do to keep your business from becoming one.
When it comes to your business, you want to achieve at least some level of satisfaction. Still, you should always strive to improve certain parts of your operations, like customer service or the services you provide in general. That said, let’s consider when you might think, “Enough is enough,” and when complacency might turn sour.
Managing a business poses considerable challenges, with a myriad of tasks demanding attention daily just to sustain the status quo. If you want to have a workforce that is not just present but genuinely invested in the enterprise, you will need to actively do more than just go through the motions. The question then becomes: How can one cultivate such dedication? This month, we will take a look at that very question.
There are challenges that go with running any business. Some of the most common come from unhappy employees. If you understand some of the most common complaints that today’s worker may make, you can proactively ward against them and create a happier and more productive workplace. Let’s take a look at five of the most common employee complaints in today’s workplace and what you can do about them.
It isn’t uncommon for businesses to engage in actions that seem to directly contradict their own best interests. This is called self-sabotage, and it can be a costly and extremely debilitating phenomenon for a business. Let’s go through some of the actions that may be holding your business back, even if you don’t realize it.
In business, organizations that are able to automate processes have a leg up on organizations that rely on humans to do everything. Not only does it cost a lot less to run a business that has automated processes, it also helps improve organizational focus and efficiency by streamlining processes and removing the moving parts that can sometimes hinder operational progress. That’s not to say that there aren’t some places that a business can greatly benefit from a human touch. Let’s take a look at both sides of the argument.
If you want your business to grow, then you’re going to have to get used to dealing with complex problems that require complex solutions. You can implement technology to make solving these challenges easier, but at the same time, you want to be careful that the solutions you implement are not going to get in the way of productivity. Today, we want to discuss good old-fashioned bureaucracy, and how while you might not want to build it into your strategy, it will probably happen anyway.
With margins getting thinner for everyone, a lot of businesses have begun to outsource their human resources initiatives or cut them entirely. Unfortunately, for the business that has to slash their HR budget, situations can arise where issues turn into problems and if there is no one actively doing the HR job.
To meet compliance requirements for technology an organization will need to understand the regulations they operate under. New entrepreneurs may find it startling when they realize that they have a lot more people/organizations to answer to than they thought. This week, we aren’t going to go through individual regulations, but how IT generally fits into compliance and how not staying up to date can cost your business dearly.
When you run a business you have so many variables to balance and so little time to do so that technology inevitably becomes an essential cog in your ability to manage everything. Unfortunately, technology isn’t cheap and the technology that you think you need may not be a viable purchase this year. Today, we thought it would be good to identify three strategies that can help you save money, while also getting the benefits that technology brings.
Have you ever felt the anxiety of missing out on something for no real logical reason? This fear, also known as the “fear of missing out,” (or FOMO) is applicable not just in social situations, but in the business and professional world as well. The concept might seem rather juvenile in nature, but it is a very real thing that can influence your actions… and not always in a positive way.
When you started your business, you had a specific goal in mind. You wanted to prove something, to create something worth sharing with the world. We all have goals and aspirations, but it’s not always clear what the best path toward those goals is. Using a simple framework, you can maximize your odds of success and set great goals that you are much more likely to achieve long-term.