Tag: “Communication”

The COVID-19 pandemic has been devastating to the commercial landscape. For more than a year now, there has been a medical and ethical need to make certain that the activities of your company do not exacerbate the spread of a highly contagious virus. Among the most significant impacts involved how businesses handled their employment approach. One report found that 11% of U.S. businesses had to permanently lay off workers, while 37% were performing hiring freezes.

Innovation is a term that is constantly bandied about these days. In fact, 84% of executives are in agreement that the ability to innovate isn’t just good, it’s crucial for their business. And yet, a mere 6% of said leaders are actually happy with the levels of innovation that they see in their organization.

There’s no doubt that the COVID-19 pandemic has been challenging for all businesses and their employees. One of the most prevalent adjustments many have had to make is in respect to remote operations. For those that have previously relied upon office spaces, it can be a bit of a bumpy ride handling unfamiliar practices and a shift in team dynamics. Some teams have had to learn from scratch how to collaborate successfully in a remote setting.

Boosting employee morale is one of the most crucial topics that every leader should consider when finding ways to steer their small businesses to grow exponentially. Low morale can result in poor cooperation, low productivity, and augmented turnover. Several studies have demonstrated that focusing on enhancing morale in the workplace can have a tremendous impact on a company’s growth.

Individual performance management can be very effective with benefits for both the individual and the business, when it is applied correctly. It is intended to be a continuous and ongoing process that is not constricted by timetables and schedules in the same way as annual appraisals are, to be truly effective. It is a tool that is used to achieve an understanding and to support the individuals and the business goals coming together.