This is it. The end of another year. For some of you the next few days will either be frantic or quiet, depending on the business you are in.I hope those of you who are quiet are spending your time wisely planning what you want to achieve for 2005.For the rest of you no doubt, January will be the time when future plans will be made.Regardless of when you do it, you need to plan where you want to be personally and professionally this time next...more
"I couldn't wait for success... so I went ahead without it." -- Jonathan Winters More Org Chart boxes than people? In previous issues of Profitable Venture Tactics (PVT), I have discussed how to develop your Strategic Objective, Organizational Strategy, and Org Charts. For best results you must develop these in order, before you develop your Position Contracts. Strategic Objective Organizational Strategy Org Charts(For more information on these...more
As a business consultant I get the opportunity meet hundreds of professionals in every imaginable business each year. And time and experience have taught me one thing - there are a few 'Must Haves' for any modern business. My clients hire me to ensure their business does well so the first thing I do is provide them with a list of 'must haves'. Here it is for 2005... # 1 Computer and Information Security Whether for small business, huge corporations or home-based start-ups, this is the place where the most damage can happen in the shortest amount of time. I can't stress this enough but still most people don't listen until it's too late. This year I've made it easier than ever. Consider this... Imagine a computer security solution that addresses the root of the problem, costs under $10 and can be implemented in about an hour. Computer Security in the Workplace is a book that does just that. It was written by two IT pros from Harvard but with none of the techno-babble you might expect. It only takes about an hour to read and is becoming THE guide of choice by a lot of savvy companies. You can get it at http://www.ComputerSecurityBook.com. It goes quickly so don't miss this one. I...more
Hiring the first personal business assistant is an exciting time for new business owners. It means that the business is doing well enough that the business owner can no longer keep up effectively with the demands of the new business. Sales are exploding, and time becomes of the utmost importance. Scheduling of business chores and personal chores...more
How would you like to be debt free in only a few years, including zero mortgage debts?! Sounds too good to be true? Well check out this easy debt elimination plan from www.nodebtever.com - the plan the Banks DON'T want you to know about! First off, you need to do a little groundwork. Those debts took some time to build, so getting rid of them...more
Upper Saddle River, N.J. - January 10, 2005 - With the start of the year, a flurry of articles have appeared, talking about what we can expect in the way of business trends during 2005. One of the most alarming issues is the intention of many employees to seek new jobs now that the economy is starting to improve. A recent joint survey by Society for Human Resources Management (SHRM) and CareerJournal.com indicated that 75% of the employees polled said they would like a different job; 43% want to increase their compensation. Similarly, a recent survey by Monster.com indicated "93% of the respondents plan to job hop." Many companies have taken credit for the lower level of voluntary turnover that they have enjoyed during the last few years. Although some improvements in turnover are based on positive actions that companies have taken, others appear to be strictly related to the fear of employees to look for other jobs when our economy is limping along. We believe that the old adage, "the devil I know is better than the devil I don't know", is a major influence in why employees have stayed where they are for the time being. If the surveys are a realistic indication of what we can...more
Upper Saddle River, N.J. - March 8, 2004 - Compensation Resources, Inc. released the results of a study they recently conducted of 642 companies covering the usage of Long-Term Incentives (LTI). Since 2001, the US business sector has been shaken by...more
Upper Saddle River, N.J. - May 2004 - Compensation Resources, Inc. has released the results of its 2003-2004 College Graduate Salary Survey. The purpose of this study was to obtain compensation data and information on recruiting and hiring trends...more
Upper Saddle River, N.J. - September 2004 - Compensation Resources, Inc. has released the results of its 2004 Turnover Survey. The purpose of this study was to obtain turnover statistics and trends. Data was compiled from survey questions that were...more
Upper Saddle River, N.J. - December 2004 - Compensation Resources, Inc. has released the results of its 2004 Year-End Compensation Survey. The purpose of this study was to obtain compensation data used for trending and planning purposes at companies...more
Why real estate, or why property, some people ask when looking for an investment. Well, as far as I am concerned, real estate/property investment is, and always has been, the most powerful type of investment for building wealth. It has been said that...more
Happy NEW YEAR!!!!! I hope you rang in the New Year with your loved ones and I pray that you had a wonderful time doing it. As the New Year approaches, how do you plan to take your business to new heights? Will you cut out unproductive products,...more