Without a solid procurement process, even the most successful business can crumble. Managing the procurement process is one of the most important responsibilities out of all the areas of business operations. It requires a knowledge of and appreciate for processes and logistics management. If you are just starting out as a procurement manager fresh out of management leadership training, you ... Read More »
The market is getting more and more competitive by the day due to the steady growth and an increase in the number of competitors in it. These challenges mean businesses, including yours, need to go the extra mile and find new, better ways to remain ahead of the market. In many ways, businesses can learn from the public sector. Non-profit ... Read More »
It is so important for managers to understand the abilities of their employees. When you know your employees’ strengths and weaknesses in relation to their job responsibilities, you can better manage them. It allows you to identify potential growth opportunities to train them for. Conducting an employee skills assessment is the best way to do this. But, many managers do ... Read More »
What are property managers? Similar to a business advisor role, they manage responsibilities on behalf of a company. In real estate, property mangers take on the responsibilities for a real estate company. Typically, a building owner or real estate owner hires a property manager for either single or multiple locations. If you own a real estate business, here are the ... Read More »
With 2017 coming to a close, many entrepreneurs are reviewing their goals and benchmarks to see what they have accomplished and what needs to be worked on in 2018. To create a successful business ideas, it’s important that not only you have a clear vision, but that you understand the steps that need to be executed to make it happen. ... Read More »
Crisis communication is a crucial component of public relations. A PR crisis can have hugely consequential implications for overall business performance. But for most business owners, it simply is not a priority. There are so many other things to worry about when you are the owner and operator of a small business. Unfortunately, hiring a PR firm just to manage ... Read More »
The facilities management industry is a highly competitive market. Also known as FM, facilities management services are provided by outsourcing companies. Rather than incurring internal costs, business owners are contracting out FM services in return for higher performance measurement, ROI and lower costs. When outsourcing to a facilities management franchise, keep the following important goals in mind. They will help ... Read More »
Life in the hospitality industry can be grueling. But, for a certain group of people, it can also be incredibly rewarding. Knowing that you have given a family priceless memories of a happy vacation or made a couple’s 50th anniversary the night of their dreams gives you a special joy that cannot be found in other careers. But, even though ... Read More »
For employees to be fully satisfied, there has to be a quid pro quo relationship between them and their employer. When employees are doing well, employers are doing better. Many in business don’t take this into account, and so try to “fix” the “books” against certain workers. They cut costs and expenses, ultimately harming workers. A perfect example might be ... Read More »
Managing a virtual team is one of the most challenging supervisory tasks a manager can take on. Not only do you have to worry about managing different personalities and work styles; you also have to worry about managing different locations, work hours and time zones. Following established virtual management best practices will make it easier to manage a virtual team ... Read More »
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