If you employ people in your business, you’re going to be faced with a number of tricky management issues – dealing with tardiness, sick leave, and keeping your staff motivated.
Performance reviews can be useful for motivating employees, but only if they are accurate. An inaccurate review,...
The first challenge you will encounter on any teambuilding exercise is personal introductions. Members of the teambuilding course need to become acquainted with each other and the course leader. These initial exercises are commonly called ‘icebreakers’ as they break down any barriers between team members.
The most popular icebreaker is for the team leader to arrange the team members in a circle and ask them one by one to stand up and tell the group a little about themselves. Each member of the team will stand in turn and give their name and some brief details about their work and/or hobbies by way of an introduction. If the members of the teambuilding course work for the same large company, often it is a good idea to ask them to describe the department they work in and their job role. In this way it allows other members of the team to position them in their mind. Sometimes the team members may already have relationships that they are not aware of – possibly they have spoken on the telephone, or have emailed each other in the past as part of their job function.
Another great icebreaking activity is to assign each member of the team a partner whom they have never met before. The pairs are given a short time (10 minutes is suggested) to get to know a little bit about each other. The icebreaking task is then for each team member to describe their partner to the group.
At icebreaking sessions it is also a good idea for the team leader to encourage laughter. Laughter and humor are great icebreakers. Possibly each member could be given a sheet of jokes and asked to stand and tell their favorite joke to the group, and then give the reasons why they chose that joke. As well as breaking the ice this is a clever way of learning a little about a person – the reasons they give for choosing the joke will give a little insight to their personality.
Remember when leading a teambuilding session the importance of icebreaking. This is the most important part of the course and sets the foundation for the work you will do over the coming hours or days. Setting your icebreaking session around breakfast or coffee can help as these are natural times of social interaction – watch as team members help each other with the simple task of making and pouring coffee.
People are not born with any particular skill. We are all born afraid of falling and of loud noises, but after that everything else is learned. So it is to become a leader.
Leaders are made not born. Leadership skills are acquired over a period of time based on several factors. Here are 5 of them.
1. Leaders come in all different shapes and sizes. It is interesting to study effective leaders. At face value they are all different. They all have developed their own style based on their own personality and what works for them.
2. A true leader accepts responsibility. Everything from how they speak to how they act is part of being responsible. It is easy to follow them because you know where they are going and know they will lead you as well.
3. Leaders work at being leaders. They are always improving their skills and learning from the situations they are in. They study people and have learned how to effectively interact with them to get what they want.
4. Leadership starts at the top, but is best achieved when developing a team atmosphere. Leaders know they can do better when people are working together for one common goal. Sharing in leadership is part of this process. Making everyone accountable for what they do, but judging success on the overall efforts of everyone.
5. Situations call for different types of leadership. A well-rounded leader is able to adapt to their surroundings and lead accordingly. Coaching a football team is an example of this. Sometimes the players need a kick in the rear and other times they need a pat on the back.
6. Leaders are respected for what they have accomplished in the past. A real leader can speak from a position of practical experience and know they will be listened to because they speak from that vantage point. A respected leader is able to command more from his people than a leader who is not.
7. Leaders seek opinions and compile ideas before forming a game plan. Good leaders know that they cannot come up with every idea that will work. By allowing input they are able to make a more responsible decision.
As you can see leaders have skills and they use them to accomplish something every single day. You can become a good leader if you are willing to work and to learn how to become one.
Teambuilding can be an important way of developing your businesses most valuable assets, its employees. Especially when hiring new employees or starting a new business, building a relationship within your team is of prime importance.
There are many companies that offer teambuilding courses, both residential and in house. Teambuilding courses can be expensive, so let us explore the options so that you are sure to choose the right teambuilding exercise or teambuilding course for your staff and company.
In-house teambuilding, done on the site of your company, is the cheapest option as you have no accommodation fees to pay. If you need to keep the cost really low there are many teambuilding guides available on the internet that will allow your human resources department to create their own teambuilding course suited to your companies needs – all without employing an external teambuilding consultant.
Having a teambuilding consultant visit your company for a day or a week (the length of course is something we will discuss in a later article) can be cost effective however if you have no spare resource in your HR or personnel department. This can also be more convenient for employees who may not prefer to stay overnight away from home.
Teambuilding exercises usually begin with an icebreaker, which is a term used to describe a ‘getting to know each other’ session. Each person will usually be asked to stand up and describe themselves in some detail. This is often surprising even when you have worked with a person for many years as there may be many things that you did not know about them.
Other exercises throughout your teambuilding course will focus on interaction between members of the team. Common exercises include building bridges or crossing rivers. Tasks undertaken on teambuilding courses should be ones that would be impossible to complete as an individual, but easily manageable as a team working together.
Often members of a team will be struck by how simple exercises draw on the different strengths of team members. One person in the team may be a natural leader, another has good analytical or engineering skills, and another may have great communication or personal skills. All different skills come into play and will be brought out of your team members as they work through the exercises.
Often after teambuilding sessions members find they have new found skills to apply to work situations, and are ready for new challenges, which is great for business!
No matter what business you are in it always helps to be seen as an expert. If you were calling someone to fix a drain or sell your house you would approach the person you saw as most credible and reputable in that area of expertise.
To become an expert takes hard work and experience. It can involve study or the honing of practical skills. It demands high standards of work. But after all this effort will you be perceived as an expert? If you feel you’ve earned the mantle of expert but are not recognized as one, here are eight ways to start establishing your reputation.
Publish a book or series of reports or articles
The internet has made this much easier. You can now create an ebook that can be downloaded without having to involve a publisher. There are ezine owners always looking for good quality articles and reports for their ezines. A well-written book or series of articles will establish your reputation as an expert in your field.
Publish a newsletter
Set one up on the internet and distribute it to your customers. This is an excellent way to regularly keep your name in front of your prospects as an authority on your subject.
Write press releases
Used correctly these can gain you a lot of positive publicity. Make sure the press release looks like newsworthy information and not like an advertisement.
Create a website
Set up a user-friendly website that will appeal to customers and you have expanded the reach of your reputation. Keep it timely and informative, and people will continue to return to your site. If you don’t know how to set up a website there are plenty of web designers who do. Alternatively enquire at a college teaching web design. Some students might want to build a portfolio.
Join associations
If you are a member of an association it will enhance your credibility. But don’t just be a member. Be an active member. This will build your reputation among your peers and lead to useful introductions. Membership can have many benefits, and it will certainly keep you up to date in your field.
Networking
You can boost your reputation and influence by speaking to the right people. Keep your name in front of your prospects. Organize mutually beneficial ventures. You cannot predict what may come from a contact so make as many as you can.
Public Speaking
Even speaking to a local group of people can establish you as an expert and get you referrals that may lead to a wider audience. If you are not sure you can speak in public, preparation and rehearsal are the keys to success. Make sure your presentation is aimed at the right level, follows a sensible sequence and will not sound like a dry textbook-like monologue. Write your main points on small cards so you are not relying solely on your memory and start in front of a small audience.
Teach workshops or seminars
If you have knowledge that people would like to tap into you can pass on your expertise. If your presentation is well planned you will be seen as an authority in your subject. You will also meet people who are likely to recommend you to others. If you are teaching a hot topic you will also be gaining a useful income stream.
Any of these methods will start building your reputation as an expert. Use them all correctly and you will gain the sort of reputation that will have potential clients approaching you without having to seek them out.
You are starting or expanding your business – great! But you are looking at many more demands on your finances: office equipment, tools, furniture, computers and peripherals, vehicles, etc. Deciding whether to buy or lease what you need might seem overwhelming.
Leasing is tempting to many, as it requires less cash up front. Having enough cash is essential for survival when beginning or expanding your business, as you will also need to invest in many intangibles such as marketing, licensing, or hiring help. But, leasing usually costs more in the long run, often quite a bit more, and you are normally committed to a contracted time period. There are advantages and disadvantages to both.
Let’s look at some of the pros and cons:
Some Advantages of Leasing:
1. Lower Costs at Start-Up
Few businesses have “more than enough” cash on hand, especially when just beginning or expanding. Lower start-up costs can give you more time to get settled into the marketplace and get the word out about your products and services, giving you a much better chance of surviving those risky first years. You can get a lot more for a lot less immediate expenditure by leasing. Buying 20 computers will cost you thousands of dollars; leasing 20 computers may only run you a few hundred dollars per month.
2. Support and Maintenance
Leased equipment usually includes ongoing support, maintenance, upgrading, and possibly even training for you and your staff. You can even “lease” your business management software and services by way of online subscription. This can enable even the smallest business to have the latest software versions automatically provided, and support staff on-call in the event of trouble. (You might be amazed to learn how much time is lost and headaches created in many small businesses by confusing and challenging management and record keeping software and systems.) With hardware, it is far easier, for example, to call the lessor and have a broken copier replaced immediately than to wait for the repair serviceman for your purchased copier, wait out the downtime, and then face the bill for his services.
3. Flexibility
When you buy something, even if your needs change or better technology becomes available, your investment is tied up in the purchased item. Leasing may allow you to update or replace your equipment or furniture when you need to, or even get rid of the commitment if you no longer need the item.
4. Tax Advantage
Most lease payments can be fully deducted in the year you paid them, whereas major equipment purchases may have to be depreciated over several years. Since your money will likely be tighter in the beginning months and years of your business, the ability to offset lease expenses against your initial investments may help you greatly at tax time.
Some Advantages of Buying Equipment and Supplies Outright:
1. Lower Lifetime Costs
Many things will cost you far less in total if you purchase them outright rather than leasing. You might pay $300 for an ergonomic desk chair that will serve you well for many years. The same chair, if leased, might run you $30 per month. You would then be paying $360 per year for the leased chair.
2. Lower Monthly Overhead
When you lease, you must pay the lessor on time, regardless of the level of cash on hand. If the income of your business varies widely from month to month, you can choose to only purchase equipment when you have the cash on hand and you will have fewer problems meeting your monthly budget.
3. Assets Rather than Liabilities
What you buy outright becomes an asset of your business, and so enhances your “bottom line.” Lease payments, on the other hand, qualify as liabilities, and so lower your company’s value. This may be important if you need to get a business loan or decide to sell your business. If you move or go out of business, your assets may be sold or taken with you, but it may be much harder to dispose of your lease contracts.
4. Tax Advantage
Since the IRS allows you to deduct a large amount of your business purchases from your gross income, if you are having a good year you may save significantly more by purchasing outright rather than leasing.
So, obviously there are pros and cons of buying as well as leasing. Here are some tips to help you make the best decision:
* Leases are best for more expensive items, and cash purchases for less expensive items. Lower cost items can usually be afforded from income on hand, but it may not be advisable to deplete your funds to make larger purchases. If you lease the larger items, you can budget to save and purchase your own later, and still have management and promotion funds available now.
* Check with your tax advisor. Find out the financial and tax implications of leasing versus buying for your individual situation.
* Last but certainly not least, don’t be tempted to buy what you don’t really need. If you are just getting started, use thrift-shop desks and other furniture, settle for a good telephone with answering machine rather than the full inter-office network being promoted, and watch for office or industrial close-out sales or auctions, where you can buy still-serviceable supplies for pennies on the dollar. If your company is to grow and thrive, cash in the bank is worth much more than beautiful furniture or the latest techno-marvel.