Entries Tagged as ''

Getting Creative

When you read the word creative in a business context a few questions usually spring to mind. First, why bother getting creative at all?

There are a lot of creative organizations and people out there who do that sort of thing. For the average decision maker isnt it better to leave the creative process to the experts and take the conservative and safe path? Well if you want my honest answer NO!

In todays business climate creative thinking is more important than ever [Read more →]

Maximum Productivity, Operations and Business Planning

Writing a Business Plan and truly participating in the planning process are two different things. The operations are an essential part of the business and these business operations must be refined and the planning for that can never stop. Nevertheless you will need to plan your operations from the first rough draft. I would like to give an example of an operations statement rough draft for a first rendition of a business plan.

Below please find a sample of such a statemen [Read more →]

Retaining Good Employees

Companies with high employee turnover rates are losing not only valuable resources but also substantial money. Different studies come up with different costs, but these range from $7,000 - $9,000 to replace an hourly low-wage employee and up to $45,000 to replace a mid-level salaried employee. Some estimates on the cost of replacing the average employee are over $125,000. The Saratoga Institute and Hewitt Associates estimate the productivity cost of replacing employees can cost [Read more →]