Category: Leadership

Recruitthebest Daily Digest- Productivity

by Bright Osadiaye, posted in Health & Well-Being, Improve Academy, Leadership, Management, Personal Development, Workplace Learning Report

‘When employees feel a sense of psychological safety, they perform well.’

‘When employees are in good physical and mental health, and not on the verge of burnout, they perform well.’

‘When employees work in environments that are inclusive and diverse, exposing them to new perspectives and different ways of solving problems, making for both a richer work experience and personal experience, they perform well.’

‘When employees are led well, they perform well.’

‘When employees’ whole selves are cultivated, they perform well.‘

‘When employees have the right tools, they perform well.’

‘If leaders can accommodate some of the values and personal tendencies of each worker, then they are helping a team to perform effectively and productively.’

‘When a business leader establishes a great work culture, providing employees with the opportunity for a superior experience, the reward is not merely a ‘wow, this is great. Nice place to work.”’

‘When you understand purpose and vision, you crush obstacles in the way- because you can see them.’

‘Productivity is what you get when you deliver a clear purpose for your business, empower agency and autonomy for your employees, create a culture of belonging, and actively show that you value your people.’

‘Better employee experience leads to better productivity.’

Source:

Jill Popelka (2022). Experience Inc. : Why Companies That Uncover Purpose, Create Connection, and Celebrate Their People Will Triumph

Why You Should Focus On Your Business Growth

by Bright Osadiaye, posted in Improve Academy, Leadership, Management, Motivational Quotes, Personal Development

‘Your business is a living organism.’ If you want it to thrive, you must take care of it.

According to Kevin Cope, ‘Companies either continue to grow or risk dying. Companies growing profitably tend to be more energized, innovate products and services, expand market share, attract motivated top talent.’

‘Companies not growing can enter a ‘downward decline and die.’ cycle of higher costs, lower sales, lost market share, lower share price, cost cutting, reduction in force, demoralized employees, lost productivity. lost customers, more loss market share, and so on. The competition will take over their markets, customers, brand positioning, and even their best people.’

‘Organic growth means internal expansion- opening new stores, selling more products, and entering new demographic or geographic markets. Inorganic growth means merging with acquiring new business to increase revenue.’

‘Growth expectations may change based on a company’s stage of development. High growth may be realistic in the early years but may be less sustainable as the company matures and becomes larger and more complex.’

‘Risks of high growth include expenses that grow faster than sales revenue, a decline in quality, and burnout among employees. Many companies grow sales rapidly but lose money and go out of business.’

‘People are the most important resource for any company. Employees and customers are two important stakeholders to your business.’

‘Successful companies usually have a history of strong employee satisfaction and longer employee tenure, so companies work hard to keep employees satisfied and to attract top talent.’

‘Your customers are the lifeblood of your business. You should focus on your customers more than on your competitors.’

‘Employees can improve asset ultilization by eliminating inefficient or nonproductive assets, getting more productivity from existing assets, making business processess more efficient, and by working to use personal time more effectively.’

‘The productivity of employees reflects how much work employees can accomplishand is often affected by the tools and technology they have and the training and education they receive.’

‘Employees can impact asset strength by doing anything that benefits cash position.’

‘Investors evaluate the worth of companies in large measure by their potential to consistently increase profits from their core business over time.’

‘Cash is the fuel of business. All companies require cash to operate, pay bills, and invest for the future. Lack of cash is a primary reason businesses fail.’

Finally, ‘Everything you do to impact cash, profits, and assets influences your balance sheet.’

Source:

Kevin Cope (2012). Seeing the Big Picture: Business Acumen to Build Your Credibility, Career, and Company