On Veterans Day each year, American’s proudly celebrate our heroes. However, a beneficial and economical way to give back all year long would be to support veteran owned businesses. According to the Bureau of Labor Statistics, in 2015, veterans under 24 faced a 13% unemployment rate and veterans aged 25-34 had an unemployment rate of 6.9%. These statistics are alarmingly higher than their non-veteran counterparts. In addition, veterans also have a higher homelessness rate. Whether through your company or as an individual, fulfill your patriotic responsibility and support veteran owned businesses. This will not only benefit veterans, but also your local economy.
Mailroom and courier services are an often forgotten but absolutely vital part of a company's operations. If the mailroom of a company is failing to complete its duties, other areas of the business can grind to a halt. Mailroom and courier services are designed to ensure that documents are transferred appropriately and quickly, and that nothing is ever lost.
Rule #65 - Welcoming Change
Change- it’s a word that causes your employees to cringe. Organizational changes are often met with considerable resistance. However, change is a necessity in order to keep a healthy company from reaching the decline phase after a business has reached its proverbial peak. If your company’s services and products are not constantly better, faster or more innovative, your business will be stuck cutting costs for the rest of its existence. It’s imperative that your team continually brain storms different organizational changes that will make your business stand out from your competitors. Resisting change may be a natural response, but organizational change should not only be accepted, but sought out with open arms.
Business processes make up the core of an organization's day-to-day operations. By improving the productivity and functionality of business processes, operations can be streamlined at all levels and overhead can be substantially reduced. All businesses have pockets of inefficiency throughout their current systems. A business process assessment is designed to both reveal and mitigate these inefficiencies.
From storage areas to physical office spaces, a business needs to rely upon everything being in operating order to run smoothly. A facilities manager is the individual charged with taking care of the day-to-day maintenance, upgrades, and management of these systems. Facilities operations managers may run one or many locations, and they are generally responsible for ensuring everything to do with the physical infrastructure of the business.
Recognizing your employee’s achievements is pivotal in creating a motivated and satisfied workforce. Although workers may be hired in with the obligation to work hard and improve business, employees internally crave recognition for going above and beyond general work duties. You don’t need to implement extravagant awards; a simple shout-out to your employees or an employee of the month award are all that are necessary. Disregarding any type of employee recognition may discourage your employees from working harder than their job descriptions require and prevent them from continually desiring to achieve more.
Successful leaders make their company a fun place to work. This doesn’t mean that you need to purchase a ping-pong table for the break room or hire a masseuse. Small gestures can go a long way, such organizing monthly or quarterly company engagement events or bringing in baked goods for your employees. Don’t take work too seriously; although money must be made and delivering quality products and services is essential, a lighter workplace environment is also necessary at times in order to satisfy your employees. There is a direct correlation between an enjoyable company environment and dedicated and motivated workers.
Strategic management and strategic planning are both incredibly important aspects of organizational management. When used in tandem, strategic management and planning create a comprehensive set of procedures that will govern the future decisions of the business. By creating this type of structured operation, businesses are able to improve their efficiency, reduce their expenses, and consolidate their initiatives.
SPRINGFIELD, VA, Oct. 24, 2016 – Strategy and Management Services, Inc. (SAMS) has been selected as a winner of the 2017 SmartCEO Future 50 Award for the third consecutive year. The award recognizes 50 of the region’s quickest growing, mid-sized businesses. The winning companies represent the successful future of the region’s economy and clearly demonstrate the entrepreneurial outlook that is necessary for leadership and growth.
Whether you are building a new business from the ground up, striving to increase your client base, or searching for beneficial business partners, networking is always of utmost utmost importance. It’s crucial that your employees participate in various networking events in order to tap into new resources and accelerate your business’ professional development. Networking is unquestionably one of the most beneficial marketing tools used in order to increase business. Personal relationships will allow you to noticeably stand out from among the plethora of sales calls and e-mails your potential client receives and leverage your network.