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The concept of corporate culture can be summed up essentially as the spirit of the company. However, many things go into the making of that overall company spirit. Thus, included in the company’s corporate culture is a collection of beliefs and values that all employees identify with, and as such these beliefs and values should ideally be practiced at all levels of the company – from meetings to company outings. Also, quite often the origins of a company’s culture can be traced back to the early days of when and how the company got started. Overall a corporate culture is the mechanism that bonds the company, and is a large factor in determining why people want to work for your company. Defining Values As mentioned above, values are a crucial...

Maintaining excitement levels can be difficult after you have initially hired your new employees. Sometimes it can be the workplace environment that they are stepping into which causes them to lose hope and interest in the company. This usually indicates some problems with supervision that management should look into. It could also mean poor relationships between employees and management. This article will look at strategies to help keep your employees as excited and engaged in the company as they were when they were going through the hiring process. Leading The Way Nowadays the saying is that you should hire for attitude over skills. You can teach a person new skills more easily than you can change their attitude. It is easier to change a positive attitude into...

When it comes to raising prices make sure you are not alienating your customers or they may not be your customers for much longer. In this article we will looking at ways of raising prices without offending customers. Timing Is Key When it comes to lowering or raising prices the timing can be crucial. If you choose the wrong time to raise prices it may seem like you are trying to gouge your customers. Customers do not like being gouged. If you decided to raise prices try to make it a time when there will be little resistance. For instance, many company will raise prices seasonally like during Christmas when shoppers are not as concerned with how much items cost. If you are going to lower prices make sure to choose a time where it will cause the most impact. If...

Nowadays, as more and more employees find themselves working from home the question of whether it is more productive has been on the minds of many employers. In this article we will look at the benefits of working at home and the benefits of working at the office. Opt For The Office Going to the office is the old traditional way of getting work done. Due to its age a lot of employers feel more comfortable with it. They are familiar with the environment and know how to work with their employees better in this environment. Working at the office can lead to a more socially creative environment and employees can inspire one another. There can be healthy competition which will also spark creativity. Impromptu meetings can be called which help to boost morale and make...

At times, a business is so hectic that some areas of a company’s production process do not get the attention it needs. This is where outsourcing comes in handy. Outsourcing is essentially a service a company can use in order to allocate certain functions of the company to an external provider that specializes in those functions. Lots of different types of companies use outsourcing, such as legal groups, recruiters, manufacturers, as well as tech and IT support. However, be aware that although outsourcing can be very beneficial for your company, it does have its pitfalls. Below is a summary of outsourcing along with its advantages and disadvantages. Out-Source There are indeed a number of advantages to outsourcing. For example, outsourcing can be a quick and...

Without your employees your company would be nothing. Everybody realizes this. That is why we all seek out the top performers. But, how actively are we looking? Many companies spend very little on their recruiting process, then they end up with mediocre employees that they will have to spend the majority of their time managing. This article will look at some ways of distinguishing the top performers from the masses and how to keep a hold on them. How Are Top Performers Different? There are a number of ways to differentiate top performers from your run-of-the-mill employees. Top performers will always have multiple job offers. This is not only because they want to have them (i.e. the choice to make) but, as well, other agencies recognize them as top performers....

Regardless if your business is big or small, the option of hiring an outside contractor to take on some of the company’s workload is often a very attractive avenue to consider, especially in financial terms. Today, the tasks that can be outsourced to an external service provider are many, and can be related to company areas such as information technology, legal, human resources and payroll, as well as any number of short one-time projects. Hiring A Contractor There are many beneficial reasons for hiring a contractor for your company. The most advantageous reason is that by hiring a contractor, as opposed to hiring another full-time company employee, you are now able to better focus and manage those periods when your company is operating at its highest...

An old fashion way of meeting and staying connected with clients is seeing a resurgence these days. Face-to-face meetings have begun to show their importance in a recent group of studies. One study suggests the more a company spends on travel expenses the more revenue and profit it will see at the end of the year. The other suggests that there are fundamental parts of business with clients that only face-to-face meeting can secure. In this article we will be looking at the cost of value of face-to-face meetings, the importance of body language, and some of the figures surrounding face-to-face meetings. Cost And Value When companies decide to cut costs in order to make some money it is common for them to start at travel expenses. A recent study by Oxford Economics...