Archive for January, 2009

Are you trying to figure out how to incorporate humor into your business management? Do you feel as if things are a bit too serious and could use a more relaxed feel? Introducing humor into your management system could be just the solution you need. It’s not going to be easy and depending on the type of business, you could really have your work cut out for you. However, humor lightens the mood for your employees, increases the chances they will listen to you and remember what you say and when done effectively, can increase productivity.

Let’s start by defining what humor is. Webster defines humor as “a quality akin to wit, but depending for its effect less on point or brilliancy of expression”. What does that mean and how does that help you with your business management approach?

Humor deals with emotions and the expression of them in a light-hearted way that leaves others with a good feeling. When it comes to business, this is very important. You want people you deal with to feel good. It doesn’t matter if it’s the people you sell to or the person that delivers the mail. When people feel good, they perform better.

Introducing humor into your management system will increase the effectiveness of the people that you work with. There are pitfalls though so caution should be taken when attempting to mix in humor. Since people have different senses of humor, you don’t want to offend anyone. There are different areas of humor and following a very simple chart will keep you from making mistakes. If you consider humor like a street light you can consider three colors of humor:

- Red
- Yellow
- Green

Humor that would be considered red is completely inappropriate and shouldn’t be used in the business setting ever. Red light humor should only be used in a private setting outside of the work environment. This type of humor is very, very rarely seen in the business place.

Yellow light humor is also considered unfit for the business place. Although it’s not nearly as inappropriate as red light humor, it’s best to air on the side of caution. Yellow light humor should be used only with specific types of people when you know it will not be offensive to that person.

The last type of humor is green light humor. This type of humor is okay to use around the whole work place. This is the type of humor you’ll want to really mix into your business management. This type of humor is good, clean and fun. Don’t be afraid to use as much green light humor as possible when mixing it into your business.

If you follow these simple rules you’ll have no trouble incorporating humor in business management. Remember that each person is different so finding a mix of the right stuff is really what makes this work. The most important thing is to leave people you deal with feeling good and happy. Adding the right amount of humor to your management will ensure this so you can be a stronger, better leader.

Here is the album version of the song Risky Business, by The Cab in the album Whisper War. I DONOT OWN ANY PART OF THIS SONG / VIDEO. All claims and copyrights go out to The Cab and Feuled by Ramen / Decaydance / WMG. If you like this song, buy the complete album. NO COPYRIGHT INFRINGEMENT INTENDED. Lyrics: Hide the key ‘Cause I’m coming over To settle the score, whoa Don’t forget how well I know you Stop asking, keep dancing. You don’t stand a chance, girl You’ll fall apart, talking with your hands, girl You’ll have to start over, over again Baby, I’ll come up and call you out Maybe, next time you should turn around Over, over again Put put put your heart where your mouth is Put put put your heart where your mouth is now. Hide the key ‘Cause i’m coming over To settle the score, whoa Stop asking, keep dancing. You think that I’m blind, girl My eyes are always floating in your mind, girl You’ll have to start over, over again. Maybe, I’m the one that plays the game Maybe, I dare to make the scene the same Over, over again. Baby you should Put put put your heart where your mouth is Put put put your heart where your mouth is now Hide the key ‘Cause i’m coming over To settle the score, whoa Don’t forget how well I know you i’ll take take, take take you down. Stop asking, keep dancing I’m talking about change You really wanna see the rain But if you wanna see me Then you need to settle down Hide the key ‘Cause i’m coming over To settle the score, whoa Don’t forget how well I …

Mature industries like banking, pharmaceuticals and insurance have been outsourcing for decades – even before the term became popular. These verticals have standardized processes in their industries which enable them to easily scale – based on the economy and market conditions.

Because outsourcing has become available to small business owners and online professionals, you can now expect the same level of scalability, efficiency and cost savings that exists in other well-managed businesses that leverage outsourcing.

According to a report titled “Global Sourcing Trends in 2009” by U.S.-based law firm Morrison and Foerster:  Most outsourcing transactions intend to produce immediate improvements to the bottom line for businesses. While this is a common reason to outsource, with fluctuating economic times like we have been experiencing lately, the flexibility to scale up or scale down (based on the business’s needs) has been the determining factor to outsource.

Smart executives are using outsourcing to build flexibility and scalability into their businesses—and to gain access to a global pool of skills at competitive cost.

The recent economic downturn led many companies, especially those who don’t have existing outsourcing contracts, to consider outsourcing. But companies who already have outsourcing agreements are re-evaluating their outsourcing decisions to find providers that offer more business continuity and integration.

In an environment where Fortune 500 companies have disappeared overnight, a successfully executed outsourcing partnership could make the difference in a company’s ability to ride out these challenging times. The flexibility to bring on needed help and expertise in times of growth – without committing to a project contract or adding people to the payroll, has been an invaluable solution to the small business owner and online professional. In addition to providing scalability, this also allows the owner to focus on core competencies of the business.

Outsourcing provides businesses with instant scalability and service flexibility, as well as reducing overhead costs.  One of the major advantages of outsourcing is that companies can now get the best from new developments without the expense.

In terms of new technologies, new processes and new ways of doing things, you don’t have to invest to do that in-house.  Outsourcing is also particularly beneficial for new businesses, or those looking to expand their operation. This includes those who do not necessarily know what hardware or software they will need.

Outsourcing providers with more experience should be able to advise companies about where to spend their money, so that they do not waste time and resources.

Any hesitation to outsource may be affecting your company’s chances to effectively scale for growth in this highly competitive business environment. As a small business owner or online professional, carefully consider your outsourcing partner when looking to expand your business and make it globally competitive.  When considering a company for outsourcing, make certain that they are equipped to handle the ebb and flow needs of your business when scaling up, and when scaling down!

This May Be The Last Self-help Book You Will Ever Need To Read. This Exciting New Book About Thought Management Helps You Take Your Thoughts Away From The Influences Of Media And Other People, So You Can Take Control And Live A Happier Life.
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Most people don’t see the need to go back to school or purchase books to increase their business knowledge. Some think since they hold a degree and have been running their businesses well; they don’t need to invest in acquiring more knowledge. There is an urgent need to improve your skills and find ways of managing your business and finances. It’s imperative to learn modern business systems, because with the current business trends and economical meltdown a radical approach is necessary.

Advancing your business management skills and reading relevant business books will help you take your business to the next level. Research has proved that small business enterprises provide employment to millions of people world wide. Training on business management, planning, marketing strategies and customer care techniques is required to ensure the growth of small businesses. These training programs will help bridge the gap between small and big businesses.

Small businesses owners deploy their skills and expertise in unrelated business fields and hence juggle between different areas of running their businesses like marketing, customer care and accounting and maybe their area of proficiency is in mechanical engineering. For these reasons I have come up with e-books that offer advice on business management skills, marketing strategies and money making tips among others.

A third of small businesses don’t last their first three years of operation simply because they lack prudent management skills. It’s time that small businesses invest in relevant training programs that will accelerate their business growth in the light of the changing business environment and customers expectations. To face the current global economic crisis, small businesses must deal these issues urgently

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Business management skills are robust tools in the hands of the manager. Regardless the company you work for or the size of the team that you supervise, these skills make you succeed as a manager.

The established description of management is restricted to “the process of working with and through others to achieve organizational objectives”.

A manager’s four fundamental competencies are: planning, organizing, directing, and controlling.

Planning is a substantial part of business management skills. A manager that can plan is one that has the capacity to accomplish tasks. Planning entails scheduling activities, probing, analyzing, setting goals and objectives, distributing resources, shaping strategies and timelines. As a manager you need ensure that each goal translates into an activity and that each activity helps meet that goal.

Strategic planning is a critical element of the managers “planning process”. The role of the manager is evolving beyond “the daily operational business”. Managers are becoming visionary leaders for their organizations, they landscape future directions, facilitate important relationships to maintain reputation and sustainability.

Directing is establishing and communicating particular,detailed action-plans to meet goals and objectives.

Organizing and controlling are two additional business management skills required to be successful in the business world. Organizing involves compiling and coordinating the resources and such as human,monetary and other tangible and non-tangibale assets, in order to trace activities needed to achieve goals. Further, it entails assigning and delegating tasks to various team members to complete certain tasks and make things happen.
The controlling task ensures that work-plans are being executed and goals are attained by overseeing and evaluating performance. The concept of controlling has evolved together with manager’s role. Nowadays, controlling consists of monitoring progress by providing guidance and support to the employees.

Other valuebale business management skills:

More and more companies are requiring that managers show a broad collection of competencies on top of their specialized, hard skills.Soft skills are vital to your successful functioning as managers. Good work ethics, positive attitude, keenness to gain continuos knowledge, cultural sensitivity, exceptional business conduct and standards have enormous impact on employees, stakeholders and organizational setting . If you are looking to enhance the organizational culture, you cannot
do it without addresing attitudes, point of views and soft-skills. Social liability is based on attitudes and soft-skills. Cooperation within the agency as well as a wholesome, transparent work atmosphere is based on attitudes and soft-skills.