HOW TO ANALYZE TEAM ROLES In an effective team, each member knows their role thoroughly. While having their own strengths, they must also contribute to the “togetherness” of the team. It is the role of either team leader or senior manager to see that this happens. Assessing Leadership Qualities All...
Year: 2023
SETTING UP A TEAM: PROVIDING SUPPORT FOR A TEAM A degree of independence is essential in successful teamwork, but few teams are able to stand completely alone. Nurture good relations and support systems within your organization that satisfy both your team’s needs and corporate requirements. Providing Basic Support Most teams...
HOW TO MATCH A TEAM TO TASK There are numerous types of team, formal and informal, each suited to fulfilling particular tasks. Team leaders need to understand the objectives and goals of their team clearly in order to match tasks to the most appropriate style of team. Formal Teams Formal...
EFFECTS OF A SMOKE FREE ENVIRONMENT ON CUSTOMERS The term smoke free environment is sometimes used indiscriminately to discuss both 100 percent smoke free areas as well as ventilated ones. Truly smoke free environment in a business is one in which no smoking is allowed within any company building or...
HOW RETAIL TRADE CAN BE A REWARDING ENTERPRISE FOR SMALL BUSINESS OWNERS Retailers are business firms engaged in offering goods and services directly to consumers. In most– but not all – cases, retail outlets are primarily concerned with selling, merchandise. Typically, such businesses sell individual units or small groupings of...
AUTOMATION AND THE SMALL BUSINESS Understanding and making use of automation-oriented strategic alternatives is essential for manufacturing firms of all shapes and sizes. It is particularly important for smaller companies, which often enjoy inherent advantages in terms of operational nimbleness. But experts note that whatever your company’s size, automation of...
KEYS TO SUCCESFUL BIDS FOR GOVERNMENT CONTRACTS Many small businesses maintain and increase their operations through reliance on local, state, and federal government contracts. While these businesses may also secure business through the offering of competitive bids on jobs offered by the private sector, small business owners should be aware...
HOW TO DEVELOP A CLEAR, CONCISE, COMPELLING MARKETING STORY (PART 2) Whether you are a sole proprietorship or a fortune 500 company, you have the same job to do. You must develop a clear, concise, compelling marketing story that addresses your customers’ needs and concerns. And you must use the...
HOW TO DEVELOP A CLEAR, CONCISE, COMPELLING MARKETING STORY (PART 1) Whether you are a sole proprietorship or a Fortune 500 company, you have the same job to do. You must develop a clear, concise, compelling marketing story that addresses your customers’ needs and concerns. And you must use the...
HOW PENETRATION PRICING WORKS Penetration pricing is a strategy employed by businesses introducing new goods or services into the market place. With this policy, the initial price of the good or service is set relatively low in hopes of “penetrating” into the marketplace quickly and securing significant market share. This...