Change Your Business Culture by Changing Your Stories

November 21st, 2009 by admin

Changing your organizational culture and influences are not an easy thing. Cultures are complicated systems created and influenced by processes, mechanisms, and leaders’ actions. So how do you begin changing something so complex?
Start by changing the stories that people tell. Stories are the fabric of a culture and communicate what a company is all about. Do something that represents the culture you want to create. For example, if you want to reduce a culture of perfectionism, admit your mistakes and openly share your failures. If you want to create a culture of communication, leave your Black Berry at your desk when you go to important meetings. If your actions deviate from the norm, you can be sure people will tell stories about them.
What does your culture of your office or business say about it is viewed by both employees and consumers.
This tip was adapted from “A Good Way to Change a Corporate Culture” by Peter Bregman.

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Steps To Cost Savings

November 15th, 2009 by admin

The trick to achieving tangible cost savings is to actively define your targets and commit to executing the appropriate tasks required to achieve the savings. Each initiative should be written down on paper, each task should have an assigned responsibility, and always make frequent progress status checks can create great results.

Follow these steps to develop a company cost savings initiative with your CFO and management team.
Create and hand out a template to each department head and schedule a department head meeting to discuss their recommendations.
Document the specific cost savings initiatives and assign responsibility to each task.
Include the following in a spreadsheet template starting with recording the current monthly expenses being incurred, project the savings you can achieve, determine whether the savings is or can be ongoing, project the annual savings opportunity, establish a completion date, determine the manager responsible for driving each initiative, if you don’t want higher taxes report, have a comment section for future status meetings, and finally schedule regular status meetings to monitor progress of each task and continue to encourage the entire management team to help each other in these initiatives.
Any company can benefit by having an ongoing cost savings initiative program. If you have a senior manager driving the process and all managers buy in to the potential your results will be better.

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Align Employee and Company Priorities

November 7th, 2009 by admin

Harvard Business Publication Suggests:
1. Know your employees’ priorities. Don’t wait for review time. Regularly ask your employees what they care most about. As a manager, you need to know what drives them.
2. Communicate company priorities. Tell employees what the company needs to achieve in the next week, month, and year. Be clear and consistent, and do this often.
3. Align interests to responsibilities. Now that both agendas are clear, try as much as possible to channel employees’ interests into relevant company priorities.

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The Extra Mile

November 1st, 2009 by admin

To be a successful business owner, manager, or employee you must reach high, think big, work hard. What are you doing in your business to meet your objectives. Are you allowing your employees to grow, while helping your business to grow? Do not forget to tell your employees if they are doing a good job that by doing this item can give incentives to employees to go the extra mile.

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