Tweak Your Biz » Management

It’s not only about the name and market share you stand with, but the consistent sales performance and numbers your team has been coming up with as well. After all, this is one big metric by which the investors, your boss and above all, the audience is going to judge you. You might’ve chipped in a zillion efforts to build an efficacious brand, made up a team that speaks volumes about your hiring capacity and introduced ample team building activities to maintain cohesion in the entire…

Technology has been a catalyst in most facets of life. In project management, for example, technology has redefined the way we work, use information, and generate results. And while we must be open to accepting that project management did not digitize itself as fast other branches did, there are serious transformations in the way project management is being, well… managed. Here are seven general ways by which technology has changed project management: #1. Storing and sharing…

Talent acquisition is something that takes time, patience, hard work, and determination. It’s not something that you can just check off your list. If you want to make the right hires and bring in employees that will help move your business in the right direction, then you have to be prepared to give these things. And while hiring an employee is never an easy task, it doesn’t have to be stressful or grueling – you simply need a plan. Why Hiring the Right Employee Matters In order to…

Most businesses use websites, mobile apps, social media, or a combination of these to engage existing customers and to convert other people into customers. The information users of these technologies give up about themselves to engage with the world is voluminous, varied, and endless. It is called big data. Savvy businesses make use of this big data to attract and convert more people into paying customers. Credit card transactions, for example, are one popular source of data for companies.…

Creating a mission statement isn’t rocket science. I’ve created many over my three decades in business. Actually, I’ve created, revised, and scrapped them. I’ve conducted how-to research, polled my business advisers—I’ve even met with the president of a university who was an expert in this area. Folks, I’m here to tell you that most of the business training on this subject is overkill. Here are some practical, no-nonsense tips I’ve learned over the years that will help you…

While there’s a lot of discussion around whether entrepreneurs are born or made, I think there’s another question to consider: Are entrepreneurs lucky, or is it something more? Recently I attended Icon, a marketing conference, and had the honor to meet financial management guru Dave Ramsey as he was heading somewhere. Was it luck or was it really that I was at a conference that put me in position to “luckily” meet people like him and Ryan Dice, Amanda Holmes and other leaders of…

Whether you are a small businesses owner or someone who wants to up in the corporate ladder it is important to stay current. You can always try and follow the standard set of steps that have been deemed useful so far. But in order to make leaps instead of baby steps, new, more aggressive and somewhat unconventional strategies need to become a part of your everyday business improvement plan. First of all, it is important to understand that there are no one-fits-all rules guaranteed to help you…

We’ve all heard the phrase, “An ounce of prevention is worth a pound of cure.” This is exactly what makes understanding risk management so essential to the success of any business. The ability to identify and analyze risk, including potential losses for a company, is the first step in planning to either mitigate or transfer risk so that a business is not as exposed to loss and can continue to grow. Without proper attention and resources devoted to risk management, a business…

Employee productivity is just another fancy term for trying to get people to complete your work on time. However, it is not as simple as it sounds. You are running a small or large company and you need your employees to generate a certain level of output to keep the profits flowing. So the question is how are you going to do it without sounding like a broken record of “self-help” Boosting employee productivity is no rocket science, however, there is an art of getting the best out of your…

Many leaders, who are facing leadership for the first time and have varying amounts of experience, all share the same fear: they are scared that their team, colleagues and acquaintances will find out that they are a fraud. But this fear can be avoided by transitioning from a ‘doer’ to a leader with vision, although it is a hard transition to make – depending on where you worked before, what position you were in, and the amount of responsibility you had then, bit it’s a transition work…