The pandemic has been quite tough on many businesses and individuals. About 60% of businesses that closed during the pandemic haven’t reopened. These numbers are undoubtedly discouraging for fledgling and seasoned entrepreneurs alike.
The pandemic has been quite tough on many businesses and individuals. About 60% of businesses that closed during the pandemic haven’t reopened. These numbers are undoubtedly discouraging for fledgling and seasoned entrepreneurs alike.
Company values are the core set of principles that your company stands by and promotes. Some might think these are just a bunch of nice-sounding slogans or a marketing stunt meant to attract customers. But when you stand by your values and place them at the core of your business, they can act as a guide for your employees in those unpredictable situations that aren’t mapped by your set of procedures.
Procedures are a well-established set of rules that let people know how they should behave in certain situations. These are in place to make the workflow predictable, the operations quicker, and the overall business more effective. However, you can’t possibly have rules for any possible situation, and you must make sure that your employees make the best decisions in those unpredictable situations. Therefore, both values and procedures are important for the prosperity of your business.
When the first wave of COVID-19 forced the world into lockdown, business leaders scrambled to pivot out of necessity. Overnight, they had to make financial adjustments and staffing decisions to keep the business afloat. They had to reassure stakeholders, hone their public message, and implement health and safety measures. If being a great leader was difficult before, now it has become even tougher.
Have you ever considered how much time you spend in meetings each day? Attentiv reports that Americans hold approximately 11 million meetings per day, with an average length between 31 to 60 minutes. As the COVID-19 pandemic drove teams away from the office, employers had to adapt to remote meetings. And video calls and phone conferences replaced many in-person interactions.
The problem is that 33.4 percent of meetings are considered unproductive, according to the same report. Leading an effective meeting is a skill, and so is leading an effective remote meeting.
Very often, people think that a full calendar is a proxy for productivity. A daily planner packed with meetings seems to satisfy most managers. However, more often than not, supervisors and team leaders are more productive when they are not spending all day in meetings. Their time is actually better used when they are working with their team, bringing real measurable results.
Having a remote team comes with great advantages. For team members, it means flexibility, less time wasted commuting, less stress, lower costs and increased autonomy. For companies it means access to global workforce with a minimum waste of resources. Being a win-win option, as of 2019, 66% of companies allow their employees to work remotely, while 16% are totally remote.
Everyone is guilty of workplace procrastination from time to time. Whether you’re checking social media or chatting with coworkers, procrastination can be easily abused, and can wreak havoc on your task management, productivity, performance, and even your health.
Vacation is that time of the year when you finally relax and disconnect from daily stress. And most people can’t wait for it! However, some can’t really afford it either due to a lack of money or time. While workers in Europe are entitled to up to 30 days of paid vacation time every year, in the U.S. companies are totally free to choose whether they want to give their workforce any paid vacation at all.
Look around at any airport and you’ll see people surrounding outlets, sitting on their laptops and phones. According to the State of the Remote Job Marketplace report, 43 percent of the workforce works remotely at least some of the time. A major perk of distributed work is the ability to be traveling while on the clock.
To speak up in a meeting is considered public speaking, and according to Psychology Today, there are many reasons some people are afraid to do it:
However, speaking up in meetings is important for personal and professional reasons. When you share ideas or questions, you take part in the conversation, provide value, and show that you’re trying to be an active participant in the workplace. All of this can lead to being seen by upper management, which can be critical for moving ahead in your career.