Updates from October, 2009 Toggle Comment Threads | Keyboard Shortcuts

  • Renee: CEO Coach & Management Specialist 4:16 pm on October 21, 2009 Permalink | Reply
    Tags: , alternatives, , , , , , , , times, tough   

    Companies Find Alternatives To Layoffs & Closing Business 

    During a recession, many companies may find it difficult to maintain a large portion of their staff during tough economic times. Many of them don’t want to let go of current employees that they have but at the same time they need extra hands and competent minds to help get the job done. Some managers don’t want to add to the current unemployment crisis by increasing layoffs. Many business owners want to avoid closing business all together.
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    So they are seeking alternatives to save money and keep business going in tough economic times. These companies have employed innovative techniques to keep business healthy without shrinking it. Instead of seeking ways to layoff employees, they’ve found alternatives to maintain their staff without additional employee expenses.

    Many of them have found an alternative through outsourcing & utilizing Virtual Assistant Services. With Virtual Assistant (VA) services you gain a partner in business or projects not another employee.

    Instead of taking the time to search for and train new employees you can take advantage of extra hands & a competent, business minded Virtual Assistant (VA). You & your staff can offload, outsource & maintain business with additional help and resources through VA services.

    Onshore outsourcing with VA services can benefit your company as a whole and many business owners have found this to be true. Utilizing VA services helps you to reduce excess overtime work across the board, provides you with extra hands & additional resources, helps to lighten your workload, provides help when you need it, provides you with a resource that you can lean on in the good times and bad times of business.

    This reduces the pressure to have full-time employees with idle days. Many Virtual Assistants have a portfolio of skills not just only clerical. Most Virtual Assistants’ strengths, backgrounds and expertise can provide beneficial input through which you can see ways to improve or benefit your business as a whole.

    Outsourcing with VA services helps you & your workers communicate better & work together. You can leverage the resources of your alternative, The Virtual Assistant today!

     
  • Renee: CEO Coach & Management Specialist 4:32 pm on October 7, 2009 Permalink | Reply
    Tags: , , data, , , , , , , , practices, productivity   

    A Need For Knowledge Management Can’t Be Denied 

    The specific knowledge of a company should be considered critical and should be reflected in policy, strategy, practices and overall functioning of any organization, profit or non-profit. That’s when you get into the area of knowledge management.

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    Defining knowledge management can be complex. It involves the process of acquiring, storing, distributing, and using information within a company. The information is generally held on a powerful database and distributed via a communications network. It’s also the coordination and exploitation of an organization’s knowledge resources, in order to create benefit and competitive advantage. The goal of knowledge management is sustained individual and business performance through ongoing learning, unlearning, and adaptation.

    There are various types of knowledge management software out there. You just have to decide which is best for your company. It has emerged as a map or guide for all business strategy and it’s considered as a revolution in re-engineering of business processes. It helps in organization learning, competence management, innovation & quality management.

    Knowledge management is imperative for your company. When you seek to justify your investment into knowledge management, ensure that it’s tied directly to your business objectives. It can help to drive achievement of those objectives. It can lead to reduced costs, increased revenue, increased profitability and the achievement of your other business objectives.

    It requires a culture to facilitate it with significant investment to see results.

    • Does your company have a culture of knowledge sharing or knowledge hoarding?
    • How much time is lost within your organization when searching for information that’s in your company’s database but not available to others or when needed?

    Knowledge management seeks to capture what the firm knows and makes that knowledge accessible throughout the organization. The need for managing knowledge cannot be denied, but every organization needs to act upon this need. Once it becomes better understood and more widely used, it’ll become more effective.

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  • Renee: CEO Coach & Management Specialist 9:12 pm on October 4, 2009 Permalink | Reply
    Tags: business insurance, crisis management, insurance, , , manuals, policies, , procedures   

    Small Business Insurance: Pay Now Or Pay Later 

    There are many things to think about in managing and starting a business. In your rush to stay on top of business, some important things can be overlooked or neglected, such a business insurance. No matter the size of your business, you need some form of insurance protection.

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    Business Management Services OF Clerical Business Solutions

    Don’t let your coverage lapse/ terminate ’cause you never know when an emergency will come. Insurance is important for everything in your life, from your home, to your life and your car. Knowing that you have that security blanket there at all times, gives you peace of mind.

    Check out my post called “In Business, Expect The Unexpected”

    Even if you have a home-based business you might want to consider getting insurance for your business. Sometimes your house or apartment insurance may not cover your business equipment or losses.

    You could get an add-on to your basic homeowners insurance policy such as a homeowners policy endorsement or an in-home business policy.

    There are many things that insurance policies won’t cover so check with your insurance agent to see what you will & won’t get. Some insurance policies can be tailored to fit your needs.

    Sometimes the amount of & type of business that you do can influence your eligibility for various types of insurance. Some policies are more expensive than others. Some include everything and others don’t.

    There are many things that lead to the success and longevity of your small business. sometimes you just have to lay out the extra cash to benefit your business down the road. It’s best to make small payments now than to make HUGE payments later.

    So which would you rather do: Pay Now Or Pay Later?

    No matter what type of policy you choose to use for your business, the important thing is that you evaluate your business practices and needs, and take steps to protect them.

     
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