EMPLOYEE THEFT: HOW TO CURB THE SCOURGE Employee theft is a problem of considerable size for many companies. Many corporate security experts estimate that 25 to 40 percent of all employees steal from their employers. Small business owners are not immune to this scourge; indeed, many analysts believe that internal...
Month: July 2021
BENEFITS OF EMPLOYEE RETENTION Employee retention refers to policies and practices companies use to prevent valuable employees from leaving their job. How to retain valuable employees is one of the biggest problems that plague companies in the competitive marketplace. Several years ago, companies accepted the “revolving door policy” as part...
KEYS TO SUCCESSFUL SUPPLIER RELATIONS Good purchasing practices are integral to business success, and few factors are as vital in ensuring sound purchasing methodologies as the selection of quality suppliers. Indeed, finding good suppliers and maintaining solid relations with them can be an invaluable tool in the quest for business...
STEPS TO DEVELOPING A WORLD-CLASS BUSINESS Becoming a world-class business is not a simple process, and requires effort and commitment from the entire organization. Developing a strategy is essential if world-class status is to be achieved. World-class is a concept difficult to define. However, an acceptable working definition is that...
WHY SMALL BUSINESSES CAN EMBRACE REMANUFACTURING Remanufacturing is a process where a particular product is taken apart, cleaned, repaired, and then reassembled to be used again. Many different types of products can go through this process, including auto parts, tyres, furniture, laser toner cartridges, computers, and electrical equipment. Essentially, any...
WHY NEW PRODUCT DEVELOPMENT IS ESSENTIAL FOR BUSINESS SUCCESS Product development is the process by which a company does one of two things: 1) create an entirely new product that either adds to an existing product line or occupies an entirely new niche; 2) modifies or updates an existing product....
A NATION’S FUTURE AND EXAMS MALPRACTICE MENACE From isolated petty cases in past years, cheating in examinations has now reached massive dimensions, casting doubt on the integrity of our educational system. There was a time in which examination malpractices were relatively unknown – when children were brought up with good...
HOW ADEQUATE SECURITY PROVISION CAN PROTECT OFFICE AND EMPLOYEES Office security can be broken down into two main areas: 1) protecting your office and employees from vandalism, theft, and personal attacks; and 2) protecting your office from corporate sabotage both from inside the company and out. The first area deals...
