Ask most small business owners this question and the answer will be “no”. Dig a little deeper and you’ll get the answer “Well we wrote one back in 20XX when we were seeking funding and we’re still on roughly the same track”. If you still persist you will get the irritable response “What’s the point in wasting time writing a business plan when we know what is going on anyway. The business has been behaving similarly each year for the last XX years and so we know what’s coming – and anyway life’s just too short”
If an employee has suddenly changed behaviour and appears to be off the ball there is usually a good reason why. According to Forbes it’s very unlikely to be boredom!
Not in tune with the Company Vision
If an employee no longer believes in the company’s mission then they may not care about the quality of their work. Have you recently changed your company strategy? Has this been communicated to your team so each employee can see how they fit in and help to drive the business forward?
I’ve just been reading the Albion Growth Report 2014 investigating confidence in the SME market and how sustainable that growth is.
It’s encouraging to read that in a survey of 450 small and medium-sized enterprises, it finds that 62% are expecting growth over the next two years. In terms of sectors it’s the production businesses that are feeling the most confident with 83% of them are expecting growth.
What’s your view of the need for HR software for managing your employees? Well some people see it as either unnecessary or as an additional cost that they can manage without.
How loyal are you to your employer? Our latest research project with One Poll asked 1,000 employees working with SME’s in the UK that very question.
There’s a lot of considerations to deciding employee salaries. Anyone who has recruited through an agency will quickly find themselves on a mailing list that outlines industry averages for salaries for different roles.
In small businesses you don’t necessarily need to get involved with major consultant-led projects to increase productivity. Nor can you often afford it. The problems can be identified and dealt with within the organisation, often in a few simple steps.
This post has been written by Heald Nickinson
Owning a business can be an incredibly rewarding job, but it can often be the most challenging.
Guest Blog post by Nicky Forsyth, Yellowfire Marketing
Loyalty is defined as being faithful to a cause ideal, custom, institution or product.
‘Employee loyalty’ is big business. Benefit schemes, away days, software that shares ‘kudos’ and so on – all tools in a manager’s arsenal to build employee loyalty… Wander into LinkedIn and the groups are buzzing about how to make your employees loyal…