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Leadership mistakes to avoid

Posted on Nov 8, 2018 by admin

Leadership mistakes contribute to falling standards around the office due to a lack of motivation or inefficient management. Here are some leadership mistakes to avoid in the workplace. Being hypocriticalLeaders that do not meet the expectations they set will lose the loyalty and respect of their employees. If you require your staff to come in ten minutes early every day or are strict on their lunch break, follow your own rules. Setting a consistent standard will make employees feel they are being treated fairly. Shifting blameEmployers that do not take accountability for their own mistakes and shift blame onto their […]

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Keys to innovation

Posted on Nov 8, 2018 by admin

Prioritise innovation in your business to boost your business growth, productivity and profitability. Here are some tips to make sure your workplace is innovative. Accept failureFailure is an integral part of the innovation process. New ideas must be tested, and disappointing results can be used to make improvements. Encourage your employees to pursue leads and clarify that failure is ok so long as it is productive in developing their thinking. Foster talentRecruiting team members with high potential and fostering their talent through training and internships will pay you back in the long run. A fresh perspective from the best and […]

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Tips to save money on office space

Posted on Oct 30, 2018 by admin

The expenses of running your office and paying for rent add up to a significant cost to your business. There are several key ways you should consider to reduce costs, without sacrificing conditions in your environment contributing to your employee’s productivity. Consider the following tips to help you better your bottom line on your office space. Get a second opinionAnother set of eyes and a fresh perspective will spot savings that may be hiding in plain sight. Get someone who has experience in running an office who will assist you by spending a day in an office and working out […]

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Improving communication in the office

Posted on Oct 30, 2018 by admin

Faltering communication can jeopardise your business’ productivity and profitability by increasing the likelihood of making mistakes, worsening your brand image and creating workplace tensions. Here are strategies to ensure your workplace communication is airtight. Hold regular meetingsRegular meetings will ensure that the ideas, expectations and changes to current policy and practice filter down throughout the staff. This also opens a channel of dialogue between the tiers of your business so that any issues or questions may be discussed in an open forum. Online communication toolsEmails are essential but to avoid those inboxes from stacking up or for mass staff emails […]

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How community involvement grows your business

Posted on Oct 30, 2018 by admin

Business’ that get involved in community reap financial, workplace and brand image related benefits. Whether your business is new or relatively established in your area, community involvement should be at the forefront of your business strategy. Consider donating services of products to a range of charitable ventures or getting amongst community fundraising initiatives, parades, picnics or festivals. How community involvement can grow your business are provided below. Grow your networkGetting your name out there in the community and having a positive association with your brand is a great way to grow your business. If you are partnering with another local […]

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How exercise can benefit entrepreneurs

Posted on Oct 26, 2018 by admin

For entrepreneurs, exercise can improve their business performance, ideas and productivity. Consider the following benefits below. Stress reliefStress relief is essential for entrepreneurs who are dealing with a multitude of professional and financial pressures in a dynamic work environment. Exercising just thirty minutes every day can help entrepreneurs reduce stress and boost productivity. Clear your mindGoing for a run every day or making your after work pilates class will help you declutter your mind and make room for what matters. Fresh new ideas, creative perspectives and problem-solving are improved by getting your body moving. NetworkingIf you are at the gym, […]

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Picking the right business location

Posted on Oct 26, 2018 by admin

The decision of where the headquarters of your business should be will have a significant hand in determining your profitability and productivity. Consider the following checklist to ensure you make the right choice. Will you buy or lease?First, you need to decide whether you will buy or rent. Entering a lease is less of a financial commitment and perhaps a lower risk option for businesses in their infancy. Buying increases your business value by adding a property to your portfolio but could be a step for businesses with stable finances. What kind of property will you require?Picking your location will […]

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KiwiSaver investors should stay calm after market drop

Posted on Oct 26, 2018 by admin

The Retirement Commissioner Diana Maxwell has urged KiwiSavers to remain calm after the steep decline in world share markets has affected savings. The NZX-50 Index dropped 3.65 per cent on 11th October and had since slowly edged up by 1.17 per cent. Maxwell urged KiwiSaver investors to remain calm and refrain from meddling with their funds. She advised that any long-term investment will fluctuate but riding out economic downturn is the best option and your balance will inevitably rise. You should avoid switching funds, providers or suspending your super contributions as the fees or decline in the growth of your […]

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Saving money on your fuel bill

Posted on Oct 19, 2018 by admin

For those who use a vehicle to commute, fuel is an expense that adds up. To save on the costs consider the following tips: Change the way you driveSuddenly braking, taking multiple small trips and accelerating quickly are sure-fire ways to rapidly empty your tank. Consider the following strategies to help you save on your car bill: Merging your trips to minimise driving distance Shifting up gears Giving yourself more room to brake Fill up at the right timeFill up when the price at your local gas station is down. By working out if certain chains offer a specific day […]

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Strategies to reduce staff turnover

Posted on Oct 19, 2018 by admin

Staff turnover leads to significant costs from recruitment and training processes. Reducing staff turnover is fundamental to boosting profits in your bottom line and indicates a higher level of employee satisfaction. Perfect your hiring processStaff turnover will continue to rise or remain at the same rate if you hire people that are not the right fit for your business. You may need to have a look at your hiring protocols, your job description and who attends the job interviews to make sure that the person you are hiring is appropriate. Cultural fit can be difficult to predict, but previous experience […]

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