Work-Life Strategies & Solutions

On the Evolution of Work Systems in the Digital Economy

Tag Archives: Business

Top Business Management Models for Effective Management [Infographic]

The following infographic, submitted by Circa Interactive, summarizes elements of effective business management models. In terms of change management, for instance, check out what this infographic says about growth and change, the role of company culture, and barriers to change. This is followed by an informative overview of change management programs.

Via Graduatedegrees.online.njit.edu:

To run successful businesses, entrepreneurs must adopt new management strategies that promote staff retention, revenue generation, and workplace culture. This is in addition to exhorting rank-and-file staff to support change programs. Failing to do so can be costly for a business.

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Special Feature: 8 Ways to Stop Over-Servicing Your Clients

The following thoughtful article for business owners covers recognizing the issue of over-servicing clients and steps you can take to address this problem. In 8 Ways to Stop Over-Servicing Your Clients, Brenda Barron at Clicktime.com writes:

Over-servicing a client happens on many occasions. More often than not, we’re talking about a longtime client who’s become friendly with your company and occasionally asks for additional tasks to be completed. Other times it can be about keeping a valuable name brand happy and bending over backwards to keep them. Unfortunately, this is a drain on your company’s resources, and it could be forcing you to use far too many labor hours. In fact, several small tasks can turn into a significant amount of time if you’re not careful, and over-servicing costs can easily reach 500K/year.

That’s why it’s important to check to see if your firm is over-servicing any of your clients. After you’ve identified some of the clients with over-servicing problems, you can make the transition easier for your employees. No one wants to tell a friendly client that you can’t complete work for them, and sometimes it’s even harder to raise rates. But in order to keep your costs low, it must be done.

Read more at 8 Ways to Stop Over-Servicing Your Clients

Security Check: Are You Ready for a Cyber Attack? [Infographic]

Submitted by Tony Huynh at Siege Media

Edited by Lynn Patra

Doing business online has brought companies not only many opportunities but also many dangers. From attacks on Equifax to Instagram to even the IRS, cybercrime continues to threaten business information, company finances, online reputation, and relationships with customers. The growth in number and complexity of crimes means it’s no longer a matter of if your company will be attacked, but when.

As a small-business owner, you might think a cyber attack would never happen to you or, if it did, would have minimal consequences. Unfortunately, research shows that cyber attacks are a problem for small businesses too—last year alone, 61% of breaches impacted smaller businesses, costing them between $84,000 to $148,000 to rectify the situation. Financial damage is only one part of the equation, as companies also have to deal with the loss of information and trust with customers.

In this age, your organization’s success in the digital economy is tied to your cybersecurity practices. You need a sophisticated, layered strategy that is built into your company operations and takes preventative measures through your password practices, data protection, software, employee training, and compliance standards – all areas that are prone to a cyber attack entry.

Curious to see where your cybersecurity practices stand? Follow this infographic from Varonis to assess each step of your security and uncover any weak spots that need to be improved. Read more of this post

How to Sell on Amazon [Infographic]

Submitted by Jake Rheude, Director of Marketing at Red Stag Fulfillment

Making extra money online and escaping the nine to five grind often becomes possible when you set up a stream of passive income to supplement your regular income. A great way to do this is to sell products on Amazon.

While it can seem daunting at first, it’s best to remember that the people who sell you products on Amazon are largely normal folks. Anyone can sell on Amazon. All they have to do is choose the right product, set up a profile, and find a fulfillment provider.

Red Stag Fulfillment put together a complete guide to selling on Amazon, but for those who are looking for an overview of the process, this is a good place to start.

Getting Set Up on Amazon – First Steps

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The Top Management Models That Are Changing How Business Operates [Infographic]

Submitted by Quinn Cooley, Media Manager at at Circa Interactive

Edited by Lynn Patra

North American business leaders have their fingers on the pulse of what it takes to flourish in a constantly changing society. No, it isn’t cutting costs. It is learning how to adapt to change.

The management issue businesses face

While 75% of executives believe that their future success is dependent on their ability to adapt, less than half of them have tried change management programs. And, of the people that have tried to integrate change management programs into their business, only 54% of them feel as though their efforts have been successful.

Clearly, there is a discrepancy between what prevailing wisdom says must be done, and what is actually getting done.

The issue with implementing effective change

Surprisingly, most executives agree that an overhaul on corporate culture is necessary in order for change to effectively occur. While the vast majority of executives agree that it is necessary to consider a company’s culture in order to make effective change, 76% also acknowledge that this was not accomplished in their own change management efforts. Read more of this post

A Quick Status Update & Business Resource Recommendations

Months ago I mentioned that I’d spend this past summer giving a new business venture a go and would report back on how this panned out. It wasn’t meant to be. However, this snag is another chance to learn and problem solve in order to transition to the next opportunity. Despite people telling me that I seem to have everything together, I understand what it’s like to struggle. For now, I’m focused on returning to the workforce, but at least fall season is the ideal time to search I hear.

However, between time spent inside my own head and working on the business, my networking efforts fell to the wayside, and this doesn’t set me up well for finding a job. Personal referrals are the way to go nowadays, what with hiring managers having to sift through piles of resumes. This is, by the way, a familiar problem that some introverts have. Well, I decided to act in accordance to the saying about sometimes having to spend money to make money (and no, I don’t think money is the root of all evil but I’ll return to this thought with my “politics in the workplace, etc.” series next week).

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My Life with Animals: Loki’s recovery part two – the great poop watch of 2012

If this content seems odd and off-topic, bear with me as I tie this to my blog’s subject matter. Autumn always draws my attention to the fact that the year will soon end. When this year ends it’ll be 9 years since the Great Recession began. Can you think of many places that have scarcely recovered after all these years? Let me know. As for me, the still bleak economic condition of my hometown of Redding, California always sticks out.

Despite a prevalent impression that there’s nothing to see or do here however, Redding has notable points of interests. Turtle Bay is one of them. During tough times, Turtle Bay continued to adapt and improve operations, including the current transition to a more sustainable business model. If any of you plan to visit Northern California or just pass through, consider giving Turtle Bay, and Redding, your patronage. This story showcases the staff’s devotion to their non-human residents but they also stress that wild animals belong in the wild.

Turtle Bay Blog

I sat for eight hours on the floor with Loki, trying to make him comfortable enough for him to sleep and diligently watching his IV lines. By the end of the day, the vet said that Loki had had a sufficient amount of the IV antibiotics and pain meds that he could leave the clinic. But before we could go, the vet put a pain patch on Loki’s front leg that needed to stay on for three days and that meant that the cone-of-shame needed to stay on as well. Evidently, we weren’t out of the woods yet in many ways.  First, it was going to take a small miracle to stop Loki from getting to that pain patch and consuming it. Second, we still didn’t know if his intestines would heal well enough to hold.  We had to wait for him to successfully defecate to know he was okay. And so…

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Making Virtual Work a Success for Employer and Employee

Better CollaborationThe next Better Collaboration video conferencing event on strategies for driving virtual workers’ productivity is coming up! The information that will be presented is geared towards organization leaders who’re interested in learning about the best tools and practices for virtual work arrangements. This event will take place on Wednesday, January 15, 2014, 2:00pm-3:00pm Eastern Standard Time/11:00am-12:00pm Pacific Standard Time. To register, please visit the Better Collaboration Meetup site. Details regarding this event follow: Read more of this post

Portraying Yourself Professionally Through Social Media [Infographic]

For those who’re purposefully looking to maintain a professional image via social media, here’s an infographic that has been going around. Much of this information is based on common sense. However, the percentages reflecting employers’ or recruiter’s emphasis on some social media sites more than others for information about you may be particularly helpful to keep in mind. Hence, you can make an informed decision about where to expend your efforts. Alternatively, for those of you interested in protecting your privacy, some general but important tips appear towards the bottom of this graphic.

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Ideal Traits of Global, Cross-Cultural Virtual Team Members

Information about selecting virtual team members with focus on the need to function globally and cross-culturally is scarce. As luck would have it, I came across some recommendations derived from Dr. Joel Paul Ginsburg’s work – available in dissertation form here. The following is a representation Global Symfony’s recommendations which I’ve modified for simplicity (see their website for details): Read more of this post

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