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.
Category: Business Management
Why I Agree With Raju Rastogi? “Fear Is Not Good”
Do you remember the iconic job interview scene from the movie “3 Idiots”. When asked to explain his consistent low marks in the engineering exams, Raju replies – “Fear is not good for marks”. Fear is not good for performance at work too. Why? 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!
Don’t Fight the Change. Work the Change (with Data)
After more than two years when employees were forced to scramble into their living rooms and bedrooms with all their hi-tech fancy work gadgets, employees and their bosses continue to disagree. That’s hard to believe. And, this is because we continue to fight with the change.
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7 Tips For Firing An Employee The Right Way
Firing an employee is never an easy task. It’s important to handle the situation with sensitivity and care, as it can be a difficult and emotional experience for both parties. There are a number of factors to consider when deciding whether or not to dismiss an employee. Here are 7 tips to do it the right way.
How to Delegate Work: A Guide For Busy Professionals
Are you struggling to keep up with your workload? Feeling like you’re constantly playing catch-up? If so, then it’s time to learn how to delegate work. Delegating work can be difficult, especially if you’re used to doing everything yourself. But it’s an essential skill for any busy professional. After all, there are only so many hours in the day – and you can’t do everything yourself.
Vendor Comparison Template – What Is Vendor Comparison?
Vendor comparisons are an important part of any business plan. They allow you to compare different vendors in order to determine which will provide the best value for your money. In this article we will discuss what vendor comparison is, how it works, and why you should use a vendor comparison template.
6 Obstacles For Human Resource Managers With the Increasing Option to Work From Home
For some companies, working from home is nothing new. However, for others, it is a major shift in policy that comes with several challenges. One of the biggest challenges faced by businesses is how to manage their human resources when employees are spread out across different locations. This is especially true for small businesses that may not have the resources or technology to support a remote workforce.
Future of Work: How Hybrid Working Will Help Us Thrive?
For many of us, the traditional 9-5 working day in an office is no longer possible or practical. Instead, we have had to adapt to a new way of working – from home. Whilst working from home has its advantages, it also comes with a number of challenges. We can feel isolated and cut-off from our colleagues, and it can be difficult to separate our home and work life. This is where hybrid working comes in.
Don’t Solve Dumb Problems | Problem Statement Examples
SMART Goals don’t work if your problems are DUMB. Clear and fact based problem statements are the foundation of business problem solving. Here are 3 examples for you.