The words “fear of missing out” (FOMO) have become a part of our everyday vocabulary. We use it to describe the feeling of anxiety or insecurity that comes from the belief that we are missing out on something important or valuable. In this article, we will explore the science of FOMO and how you can use it to your advantage.
Author: BMB Staff
Business Management Blog is your online resource for business management and strategy articles, insights, ideas and tools. We talk about Business Management, Strategy, Customer Experience, Employee Engagement, Leadership and Career Growth. Subscribe to the blog to get updates about new posts.
How Long Should Employees Stay At A Company? The Pros and Cons of Short and Long Tenure
While there is no one-size-fits-all answer to the question of how long employees should stay at a company, there are some pros and cons to both short and long employee tenure. On the one hand, employees who stay with a company for a longer period of time tend to be more loyal and have more institutional knowledge. On the other hand, employees who have shorter tenures may be more adaptable and have less “baggage” from past experiences.
The Dos And Don’ts Of Informing Your Customers Of A Price Increase
A price increase is never an easy thing to announce to your customers. On the one hand, you don’t want to lose their business by increasing your prices. On the other hand, you need to cover the costs of your own business and make a profit. Here are some dos and don’ts to follow when announcing a price increase to your customers.
How To Quickly And Easily Stay Popular In Your Team
In every workplace, there are a few people who seem to be more popular than others. They’re the ones who always seem to have their colleagues’ support and are privy to the latest gossip. If you’re looking to stay popular in your team, there are a few things you can do to make sure you’re always in the loop.
How To Manage Layoffs As A Small Business Owner: A Comprehensive Guide
The decision to lay off employees is never an easy one. There are a few things you can do to make the process of layoffs as smooth as possible. In this guide, we will cover the steps you need to take in order to manage layoffs in your small business.
How to Effectively Deal With an Angry Customer
You will inevitably have customers who are angry with your product or service. While it is impossible to please everyone, it is important to try to diffuse the situation and resolve the issue as best as you can. Follow these tips to deal with an angry customer.
New Year Resolutions For Customer Experience: How To Create An Exceptional Customer Journey
It’s a new year, which means it’s time for new year resolutions! If you want to improve your customer experience this year, then you need to know how to create an exceptional customer journey. Keep reading to learn about the necessary steps you need to take in order to create a customer experience that is truly exceptional!
New Year Resolutions For Sales Reps: Keep Your Pipeline Full And Close More Deals
New year, new you… right? If you’re a sales rep, then that means making more money than last year. And we’re here to help you make that happen. We’ve put together a list of New Year resolutions for sales reps, to help you make more money in 2023. From setting goals to networking more, these tips will help you close more deals and make more money this year. So if you’re ready to make more money in 2023, read on!
The Impact Of Learning On Employee Behaviour And What You Can Do About It
Employee behaviour has a direct impact on the workplace and the bottom line. Many factors influence employee behaviour, but learning plays a major role. Employees who receive adequate learning opportunities are more likely to exhibit positive behaviour, be engaged in their work, and perform at a higher level. So, what can you do to ensure that your employees have access to the learning opportunities they need? Read on to find out!
Two Proven Strategies for Establishing an Outstanding Company in 2023
Successful companies don’t just appear out of nowhere. They are constructed from the ground up with the aid of hard work, lots of cash, resources, and dedication. In this post, we’ll examine some key areas you should focus on when launching your company.