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Showing posts with label 2017 at 11:34AM. Show all posts
Showing posts with label 2017 at 11:34AM. Show all posts

Wednesday, July 5, 2017

Corporate Governance Daily

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knowledge.insead.edu Large organisations have many different heartbeats, and change managers need to listen to them all. At the end of the 20th century, perhaps no American business leader was more admired—and emulated…
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Golden Rules for Maintaining a Healthy Cash Flow – StrategyDriven

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– StrategyDriven
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Photo courtesy of Nicholas Youngson of NYPhotographic (Title CC BY-SA 3.0 NY) You have, no doubt, heard the saying ‘cash is king,’ and it may be cliché, but it is definitely the truth. No business can survive without any cash. It is the fuel that keeps the engine running. This is why all companies, especially SMEs, need to have a strategy in place for maintaining a healthy cash flow and dealing with any potential related problems that may arise. Have a clear process in place… Businesses run eff.  show all text
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Is Pizza Flavored Ice Cream The Next Big Thing?

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– Kristal Talley
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Foodbeast Summertime means one thing: Ice cream. Not only is it one of the best things that man has ever created, but what better way to cool down on a hot night than with a cold cone. It’s a great guilty pleasure (literally, not even guilty about it), it helps mend a broken heart after a bad break up, it’s an awesome addition to a slice of cake at a grad party and it goes perfectly with a Netflix chill sesh with your girls. When most people think of ice cream we think of the typical sweet flav.  show all text
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FTSE Russell Leaning Toward Minimum Threshold for Voting Rights-CEO

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– By REUTERS
FTSE Russell is likely to restrict the inclusion of companies with unequal voting rights in some of its equity indexes, to address investor concerns over falling corporate governance standards, the CEO of the world’s largest index company said.
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Wednesday, June 28, 2017

CorpGov Today

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http://www.nytimes.com But for all the happy talk about focusing on these issues, many on Wall Street have privately cast a skeptical eye, chalking up all the bluster on the topic to politically correct marketing efforts…
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Sunday, May 28, 2017

Improvement CRM Strategies for Human Resource Management: Towards a Better Workforce Efficiency

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Workforce management is basically about properly undertaking various steps to maximize the potential of your employees. While it sounds fairly easy, workforce management can actually be quite complicated, especially if you fail to understand some basic elements of it.

Efficient workforce management (WFM) is quite important to running a company successfully.

Whenever a business owner is tuned towards deriving maximum possible efficiency from present staff strength, or ready to take on new hires, it’s imperative that the HR unit cultivates the best ways of managing them.

There are a number of different strategies out there that can be employed to buffer the effectiveness of company’s workforce management efforts, but some are more effective than others while some only apply to certain industries.

Here are some of the best tips for effective human resource practices, which are expected to marginally improve your workforce management results, regardless of what category your business venture is focused on.

1. Overview your company spirit

Any good plan starts with proper research and an overview of the projected end-point, of which workforce management is no exception to this rule.

You need to put in the proper amount of effort needed to really find out what your company is all about. You need to uncover what it is your company is lacking in as well as what they excel at – in line with defining the company spirit.

At the same time make sure to set realistic goals that are practically achievable for staff members. Goals that are unattainable will destroy your workforce management efforts before they even begin.

2. Cultivate a great workplace atmosphere

An often overlooked aspect of good workforce management is simply that it deals not only with what your employees do on the job, but how they feel as well. This means that you should consider focusing on not only what you want from staff, but on what they want from you as well, being that you want your workforce management plan to really succeed.

If your employees are dissatisfied, they won’t perform as well and are more likely to seek employment elsewhere. 
Make sure your workplace arrangement includes flex time or paid time off and consider what other benefits to offer. It could be incentive based allowances, new tools, or extra training; but helping satisfy your employees is a major aspect of effective workforce management.

3. Keep lines of communication open

Provide avenues for feedback and in-house support. Also, ensure employees have everything they need, from training to supplies, to perform their jobs to the best of their ability.

4. Use up-to-date technology and the best software

This is an obvious tip, but one that is still often overlooked when companies begin their CRM management strategies. Good customer sales management software can not only help you with the basic planning stage, but can also be used to create fairly accurate predictions and models concerning the future of your company.

There are plenty of software programs available for WFM. Research your options to find the programs best suited for your company. Whether this includes basic Microsoft Office products or a tool that integrates payroll and benefits, timekeeping systems, absence management, performance management, HR administration, scheduling, self-services for employees, and applicant tracking, make sure you invest in everything the different departments in your company need.

When it comes to workforce management there is really no resource more important than great software.
WorkSight can give you the tools that you need to efficiently and effectively utilize workforce management to overcome obstacles and improve the inner workings of your business.

As for the company utility tech items, make sure you stay relevant. For example, in today’s technological times, it is important to have a website that is reactionary to the type of screen it’s viewed on (desktop, tablet, smartphone, etc.).

However, the successful implementation of new technologies is dependent on many factors including, consequently, the efficient management of human resources.

5. Do the necessary research

Make sure you gather plenty of data to build a strong business plan, and progress on it. As stated earlier, knowing how your company runs is essential to proper small business management.

After applying these improvement practices, evaluate your company’s weaknesses and how you can transform them into strengths. Pay attention to which employees excel in certain areas and help them foster their growth. Look at the departments of your business separately to figure out the specificities and work out the kinks of each one.

Good workforce management not only focuses on the most straightforward aspects of your company, but looks at the big picture as well.

If you want to help lead your customer relationship company forward, maximizing the effectiveness of your workforce sales management strategies and advertising.

Effective workforce management is easily attainable with the proper research, high-quality CRM software, and the right mindset. Don’t be afraid to seek suggestions from your employees on how you can improve because they may have insights you never thought of.

Generally, human resources departments are well positioned to ensure the success of workforce management programs, which are directed at capturing, using and re‐using employees’ abilities.

Through human resources management a culture that encourages the free flow of knowledge for meeting organizational goals can be created.

The strategic role of the human resources department in identifying strategic and knowledge gaps using smarter strategies was discussed in this paper. In addition, the drivers and implementation strategies for management programs were proposed.

May 28, 2017 at 11:28AM

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