Archive for the 'Management Center' Category

People Management: a Few Important Issues

Wednesday, December 23rd, 2009

Talent management is important for business success. People management may be improved and studied. Having a innate affinity for dealing with people and forging relationships may be a plus, but you can do some things to make this process simple.

Relationship Development: Begin by remembering an individual’s name. Speak to people; get eye contact when you’re talking. Show respect, also do pay attention to the other person’s thoughts, irrespective of whether you are in agreement or not. Paying attention to what staff have to say is one of the most critical people management skills in your arsenal. Encourage any contributions from team members.

Live up to promises: Keeping your promises is really important. If your word is broken, it can damage trust, and individuals will not offer you their best without trust. Everytime you make a statement or give your word on something, make sure you can follow through or it would really be better not to give your word at all. You’ll discover, when your people can’t count on your promises, your team can’t be relied on to be available when it’s really important.

Feedback is essential: Feedback must be a two way process. People management skills mean being receptive to all feedback. If you can establish that you are approachable and receptive, you prove that other’s ideas are important to you, your thoughts will be valued in the same manner. Bona Fide discourse also promotes creative problem solving, original methods of fulfilling the goals of the team, and improves the team dynamic. By giving the employees an input, the outcome will become important to every team member.

Communicating is the key: Good communication is the key to managing people effectively. Be accessible, employ listening skills, be open minded, and allow all your staff to express their views. Employees should be inspired to communicate with one another as well as with you. The creative process depends heavily on the open exchange of opinions, when the staff communicate efficiently, it becomes easy to discover any issues before they might become a problem, allowing corrective action to be taken to prevent any further problems.

A little time will be required, all the same the rewards far outweigh the work. Through establishing the bonds of a good team and developing good listening skills, you can achieve the best in business success.

Accountants looking for bargain basement offices

Monday, June 22nd, 2009

Many of the county’s top accounting firms are looking for lower priced office space rent including KPMG which is currently looking for new office space that is lower in rent costs in order to trim their budget due to the effects of the global recession on the economy.

KPMG is currently looking for new office space that totals up to 80,000 sq ft even thought they technically are signed into a lease at St. James Square that will not expire for six more years. The company is looking for a building and facilities management that can host about 100 more staff members then the current location.

Experts of the office relocation sector say that many companies are now trying to get out of old leases before they expire as the bottomed out market now offers many new office spaces that retail for a much lower rent rate than their old office lease this goes along with a rise in the services of move and office relocation management firms. This is due to the fact that many new building developments have dropped their prices to try and encourage interest in the property. Click on office planning for advice and information to support your business objectives from professionals within the sector.

Hill Dickinson, a law firm in the area, is also said to be attempting to leave a lease that does not expire for 12 years. However, rumours do not always mean that a move will occur as firms such as Price Waterhouse Coopers have delayed their decision.

The move by companies such as KPMG reflect a larger problem and the need to trim budgets as KPMG has already tried to reduce costs by switching to a four day week and cutting 200 jobs.

Naveen Jain: Building His Information Empire

Friday, April 17th, 2009

Naveen Jain knows what he wants and he gets what he wants to get. Coming from the most populous state in India, Jain immigrated to the United States to carve out his own future. Possessing a high level of education plus determination, Jain’s ambition of becoming somebody has brought him to where he is now – a name recognized in the fields of technology and information. Naveen Jain came to the United States fully equipped with knowledge. He is an engineering graduate of the Indian Institute of Technology Roorkee. He also finished his master’s degree in Personnel Management and Industrial Relations at the trusted XLRI Jamshedpur, School of Business and Human Resources. Naveen Jain first worked in New Jersey for a year, and then he took a job at Microsoft Corporation in 1989. While Jain was at the Redmond, Washington-based computer technology corporation, he held a vision of being able to deliver real world content on the Internet, wherever, whenever, and on whatever device. After seven years of employment at Microsoft Corporation and with this bold vision that Jain has since kept, Naveen Jain built his own company, InfoSpace, in 1996. While serving as CEO at InfoSpace, Jain never rested on his laurels, working 120 hours each week. He took the company public on NASDAQ in 1998 and he ushered the company through 24 acquisitions, turning the company into a multi-billion dollar business enterprise with its net worth peaking at over $31 billion. Following his resignation as CEO at InfoSpace in 2002, Jain built another company, Intelius, founded on his vision of “integrating intelligent information” essential in the decision-making process of consumers and businesses. Established in 2003, Intelius offers a wide range of products and services ranging from identity protection to background checks.

12 Tips for Effective Leadership

Monday, June 2nd, 2008

Having and maintaining effective leadership over people in the workplace, whether they are your employees or just individuals you supervise, is the key to keeping employees producing at their best. Below are 12 quick tips to help you produce and maintain effective leadership at work:

1. Ask yourself, on an ongoing basis, of everything happening what is the most valuable use of my time, right now?

2. Manage your work and your employees by objectives. Effective leadership is demonstrated by instructive your staff on exactly what you would like them to do, and then, where possible, leaving them to get on with it. If it is not possible only provide them with necessary supervision. Do not watch every move.

3. There is a philosophy called the Philosophy of Continuous Improvement. This involves getting a little better at everything you do every day until you are performing to the best of your abilities. If you practice this then your employees will copy you.

4. If you are in charge of an employee that has exceptional talents which you are not currently taking advantage of, but are useful in your workplace, then create a new position for that specific skill.

5. Have an open door policy and take the time to truly listen to your people when they need or want to talk with you. You will increase their motivation by ten-fold.

6. Recognize that people not products or your bottom-line, are your most valuable asset and work to increase the value of your people. This is one of the most important aspects of effective leadership.

7. Make your employees feel important and valuable to the business. Only then will you be able to motivate them to peak performance.

8. Work hard to create a work environment in which people feel terrific about themselves and their duties. Only then will you be demonstrating truly effective leadership.

9. Always keep your word. Do not promise something and forget it and similarly do not warn about the consequences of a particular action then overlook it. Integrity is the most respected and valuable element of effective leadership. Make sure people know where they stand.

10. Take Albert Schweitzer’s advice (Humanitarian & Nobel Prize Winner) when he said “Men must be taught at the school of example, for they will learn at no other.”

11. The leader is the individual who masters his or her fear and moves towards an objective in spite of that fear. Remember everyone is afraid of something you just can’t see it in everyone.

12. Dress for success. Image is important when leading other people. It take no more than 4 minutes (often much less) to create a lasting impression of effective leadership. It is important to always work on that 1st impression as employees and customers judge you by the way you act and look in those first 4 minutes.

John worked for many years in insurance and finance and now writes on a number of topics including small business and financial advice. Go to Small Business and Finance for more information.