Tweak Your Biz » Management

During the pre-holiday rush, it’s easy to get caught up in the grind. You have staff to hire, schedules to make, and inventory to stock up on. While you’re busy knocking items off your to-do list, don’t forget the holiday you’re celebrating – Thanksgiving. Thanksgiving is about showing gratitude. It’s about slowing down, indulging, and giving thanks for another great year. During this period, show the people who have helped your business succeed, how grateful you are for their…

To a new entrepreneur, the first years of a business seems like the time to focus on immediate growth, not on a future exit. But when your business is still in its infancy, that’s exactly when you should start thinking long-term. Planning an exit strategy may provide protection against potential loss and financial hardship down the road. Moreover, many of the options available to you when you plan ahead may disappear as the years pass. You may have a vague idea that, one day, your son or…

Games can teach a number of life skills, and the next generation of employees is spending a lot of time gaming. In fact, by the time an average gamer has reached the age of 21, they will have spent 10,000 hours in front of the screen. In Malcolm Gladwell’s book on success, Outliers, that’s the amount of time it takes to become a virtuoso in any area. But what are gamers  good at, and how does that apply to the workplace? Education programs like the Environmental Science program…

Now that the age of “Big Data” is upon us, it’s no longer possible to relegate data analysis to just one segment of your marketing strategy. Today, data analysis must inform your entire strategy, because the data you collect on your customers tells you what they want, what their influences are, and how they make purchasing decisions. Consumers want companies to anticipate their needs, and have come to expect a fully personalized shopping experience. With the right data-driven…

A company is only as strong as the sum of its parts. Finding and maintaining skilled employees is a huge aspect of forming strong organizational foundation. Many companies must face two employee problems: low employee retention and employee skill gaps. Low employee retention. – The ability of a new organization to hold onto their employees is crucial to maintaining the productivity needed to be competitive. Hiring new employees is an expensive endeavor. According to Investopedia, it…

You’ve always thought about shaping your idea in a way that it leaves a legacy. Something that makes you stand apart in the rat-race, something different yet comprehensive. To lay it out in simple words, it all boils down to the brand acknowledgement you secure. The business you make, the clients you earn, every modicum of result you desire comes from the psychological image that flashes in the minds of people, anytime they come across your company’s name or logo. Many small business…

One day or another every entrepreneur gets to the point when their business starts to stagnate. These moments are great for introducing creative changes that will make your small business more efficient and functional. In this article we present you with some of the ideas that can ensure your company’s growth in the future. Use Your Customer’s Feedback Successful CEOs know the importance of their company’s statistics, but sometimes they want to seek answers from their clients directly.…

The ability to telecommute is an enviable perk. Some workers dream of the day that managers announce that they can begin working off-site. The internet, email, telecommunication software have made it far easier for companies to facilitate employee collaboration and interaction over vast distances. The days where all employees must congregate in a central location has become an archaic piece of the past for some industries. Due to technology making telecommuting easier, companies should at least…

In 2014, 40% of employees who left their positions did so within the first 6 months of their hiring. This is a pretty staggering percentage and should tell organizations that their recruitment and employment practices may be flawed. It takes time and money to recruit and hire, not to mention the disruption when a critical member of a department or team leaves and creates a gaping hole. Clearly, retention of new hires must become a goal for which strategies are developed, and those strategies…

Many experts say that branding is a local process, first and foremost. The process goes this way: You establish your business, then work diligently to identify your target niche, study their habits and understand their priorities, and finally set a brand that fits well with your target audience. But in this day and age, the whole world is a good operational playground, so why ignore it and focus only on the domestic market? We think you can – and should – go global, devising a marketing…