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Gift-giving in the business world can be a double-edged sword. On the one hand,
gift-giving can be an excellent way to build lasting business relationships. Whether we
actually use the gift is irrelevant. There is something about receiving a gift that just
makes us feel good and consequently, makes us feel good about the person who has given us
the gift.
Business ethics are a hot topic these days. With everything from insider trading to
employee theft on the rise, it is no wonder that businesses are beginning to focus on the
impact of ethical leadership. But along with this new focus comes a lot of “gray
area”. Many times, managers are forced to decide on issues where there are arguments
on both sides - a problem that makes ethical decision-making very difficult.
The Productivity Potential Matrix will help you determine which category of productivity your employee falls into. You will find it easier to complete this exercise if you, first, print out this page. However, if this is not possible, simply use imaginary lines to determine where lines intersect.
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A job description describes the major areas of an employee’s job or position. A good
job description begins with a careful analysis of the important facts about a job–such as
the individual tasks involved, the methods used to complete the tasks, the purpose and
responsibilities of the job, the relationship of the job to other jobs, and the
qualifications needed for the job.
Decisions, decisions, decisions. It seems like every time we turn around, we have to
make more decisions. The question is, “Are you a good decision maker?” If you
aren’t (or don’t think you are), there is no need to worry. Decision-making is a skill
that can be learned by anyone. Although some people may find this particular skill easier
than others, everyone applies a similar process.
Whether a person is an independent contractor or an employee generally depends on the
amount of control exercised by the employer over the work being done. Dictating how a job
is to be done or limiting the actions of the worker may establish an employer-employee
relationship.
How to Resolve Conflicts —
Without Killing Anyone
If you are having to deal with other people, you will, sooner or later, have to
deal with conflict. Conflict is not inherently bad. In fact, conflict simply stems from
differing viewpoints. Since no two people view the world exactly the same way,
disagreement is quite normal. In fact, anyone who agrees with you all of the time is
probably telling you what you want to hear, not what he or she actually believes.
Change is a common occurrence in business today. Because of this, it is important that
you possess strong change management skills if you want your business to be a success.
Change management skills include leadership development (to get people to believe in you),
marketing and sales abilities (to promote your case for change), and communication skills
(to help build support for the decision to change). It will also help if you know a little
about the stages people go through psychologically when they are dealing with change so
that you are able to tell if you have managed a successful transition or if there are
additional problems that you need to address.
Board members may have specific responsibilities that are unique to the business or
industry in which they perform. The Board of Directors will also have a variety of
responsibilities which are defined in the Bylaws of the Organization and in numerous
Federal and State statutes and regulations.
A company’s board of directors helps management develop business plans, policy objectives, and business strategy. A board of directors often selects the chief executive of the business, supports her, reviews her performance–and may dismiss her.
Through regular meetings, the board helps ensure effective organizational planning and sees that company resources are managed effectively. The board of directors also sees that the company meets regulatory requirements that apply to that business. The board of directors also must assess its own performance.
Directors monitor a company’s financial performance and the success of its products, services and strategy. Directors are expected to follow developments that affect the business. They must set aside any potential conflict between their personal or individual business interests to support the well-being of the business which they serve.
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