A company planning to do cost-cutting by reducing its manpower may cause them more harm than good. In a company with unionized organization for example, it is usually written in the union contract that newer people go first and the senior workers remain when lay-offs are deemed necessary.
When manpower reduction happens, there are lower level jobs used to be performed by the newer people yet have to be done. These lower level jobs are then assigned to the senior workers left in the workplace.
In this scenario, what often happens is that senior workers gradually retrogress to cover the gaps, landing into the tasks which they never learned, or tasks which they have not done years ago and have mostly forgotten the task.
When a union contract includes prohibition for a tenured worker in receiving a reduction in salary, the result is that the employee performs a lower-level job for high-level pay.
In short, the employee gets paid more than the job is worth which is obviously not cost effective. The worst scenario would be, the reduction could mean a downturn in product quality.
Any plan for cost-cutting must be thoroughly evaluated to prevent this kind of ineffectiveness. There are other options possible than automatic lay-offs. A good example would be improving inventory control to keep stock at a lower level but the turn-over can be past.
It is always necessary to remain impartial when considering cost-cutting method. In most cases, the “boss” preserves his own pet projects while reducing other operation functions that are capable of providing a larger return.
A lot have been written on how to choose the right employee for a particular job. How about considering the idea of reversing the situation, that is, what should an employee look for in a “boss?”
According to studies, executives who manage creative employees fall into opposite categories, such as:
There are the supremely secured executives. They often project themselves like the head of the family. They regard creative employees with a mixture of awe and gratefulness. These are executives who are in total control of the financial and administrative aspects of the job are able to look at risk dispassionately. They do not only take chance on a wild idea proposed by a creative employee but will shrug-off the consequences of failure if the ideas did not prosper. These executives are considered as the best employers for creative employees.
There are the compulsively creative executives. These executives are likely to supervise an equally gifted subordinate than as an ally. Success in a job is not always a consideration in these executives mental list of priorities, nor failures. They are strictly go-for-broke. They are a joy to work for but since they are likely to be poor judges of what risks are worth taking and what are not, their failures are sometimes spectacular as their successes, and, when heads roll, their subordinates will be among them.
There are the worst executives. These are the executives who have limited imagination and are hesitant in taking chances. They manage people with iron hands, listen only to their own ideas and feel threatened by any subordinates who shows indications of creative ability. Their idea of success is not to make mistakes.
After almost twenty years in service, a top rank official in-charge of Sales and Marketing has decided to go on retirement. The legacy he left behind will always be remembered by the people. The board of directors decided to hire a replacement from outside the company thinking that a new person will be able to bring new and additional business to the company.
The company continued its favorable performance through its sales team headed by the Assistant Vice-President for Sales and Operations. Because of the commitment and desire of the AVP to maintain the position of the company in the industry, ideas were suggested and discussed with the new Sales and Marketing Head. The aggressiveness of the AVP has eventually affected the working relationship with the “boss”.
Lesson learned: “Never outshine the “boss” because it can be your worst mistake. Instead, apply the following to your advantage: If you are more intelligent than “the boss”, show the opposite. Make him more intelligent than you. If your ideas are more creative than “the boss”, laud him in public as if it was his. Make it clear that your advice is just a representation of his idea.
The following reminder can also help: Firstly, You can inadvertently outshine “the boss” simply by being yourself. There are “bosses” who are more insecure than others they will be outshined gracefully by your charm. Secondly, do not think that because “the boss” likes you, you can do anything you want. Favoritism can detrimental to your job!
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There are many small business ideas as of today. As of a matter of fact, many employees decided to resign from their jobs to take a risk in having their own business. The reasons for these are they prepare to be a freelancer wherein there are no boss to order around and most specially the time is flexible.
It is hard to take a pick in choosing the best business that will surely grow. For the reason that business is like a gamble, you are taking a risk in investing. Expert says the thorough study and research can help you sustain in the industry.
Are you one of them who want to build their own business with small capital, but no enough ideas to execute? There are actually numerous available in the net. Some of them would be the buy and sell business. This one, for me is the best for those who have no enough cash to start-up. Things needed here is to be more resourceful and patient, in here time needed to establish clients, just be creative and trustful to gain trust from the prospective customers. The other great one is the small space to sell RTW products and foodstuff such as street foods. Although this business is anywhere, still some got successful on this for they are selling one of the major necessities. Next would be the online job. For this you can do your job at home you just need a Personal computer and everything is set. Those are the few ideas only; there are actually huge numbers available, just do your research and you can find the best for you.
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Have you ever thought of quitting your job? Did you ever have a dream to be one the boss someday? Do you love to have your own business, but you have no idea what and where to start with? Today we are going to discuss the tips in choosing the best business for you.
Owning a business is a dream of almost every one. For the reason that it offers many advantages both in financial and professional status. Some of you have many ideas but do not how to start to. Few do know what to do, they have their idea, business plan and everything but financial. Financial matter is one particular thing to consider when you plan starting your own business. If you do not have enough funds, then it is best to start with small business that does not require much fund. Next important things to consider are your interest and skills.
Here are some of the business ideas that may apt to your preference.
- Home internet business – This one is very popular today. If you will notice there are many people working online because of the high demands to this industry. You will just need to be an internet savvy and you will start to learn the required skills that needed in the opening jobs. Patient is also some of the required personalities in this business. The needed office equipment is computer and some of its peripherals, telephone line and fax machine. You do not need to rent a big space in fact as a starter; if your house has some available space then you can have your office at home to lessen your operational expense.
- Corporate giveaways – This one has a huge market due to the fact that any kind of business do have their own corporate giveaways because it is always a part of their marketing campaign
- School supplies – Same with corporate giveaways, although the competition is competitive with both business, still their market is big.
