When economic conditions are hard, leading a sales force can seem like the most difficult job in the world. One of the main ingredients to achieving outstanding results is to ensure the team is motivated. The key to motivation is recognition. Ultimately, everyone wants to be appreciated and their hard work acknowledged.
With the recession predicted to last for the whole of 2009, many of us will come back to the office in the New Year, with some trepidation. However, with the right mechanisms in place, it will still be possible to find the opportunities that are out there and prosper.
Regardless of your definition of success, there are, oddly enough, a great number of common characteristics that are shared by successful businesspeople. You can place a tick beside each characteristic that you feel that you possess. This way, you can see how you stack up. Even if you don’t have all of these characteristics, don’t fret. Most can be learned with practice and by developing a winning attitude, especially if you set goals and apply yourself, through strategic planning, to reach those goals in incremental and measurable stages.
The finalists of the 2009 Make Your Mark Enterprising Young Brits Awards have been named and must now pitch to a panel of judges including successful entrepreneurs and representatives from HM Treasury and the Institute of Directors (IoD), but now YOU the public have the chance to help them on their way to success.
The identities of the fifteen contestants taking part in this year’s Apprentice have been revealed.
Eight females and seven males will compete for a job working with multi-millionaire Sir Alan Sugar in the business-based reality show. The series kicks off on March 25 on BBC One.
This year’s hopefuls include a city stockbroker, a teacher, an award-winning restaurant owner and an ex-professional footballer.
Working from home has been a growing trend over the past five years. Now, with people taking redundancy payments and turning their backs on corporate life, it’s set to become even bigger. But before you take the plunge, consider the pros and cons in order to avoid the pitfalls.
“Don’t you watch TV all the time? Or sleep in?” are the two most frequent questions IT entrepreneur Katherine Mellon* gets asked when she reveals she works from home. They’re also the most common misconceptions about this increasingly popular way of working.
Low-risk approach, long-term view and lower borrowing advantageous in today’s business environment –
UK businesses can learn from adopting elements of the family business model
A new report entitled ‘Family Business: In Safe Hands?’ published today (2nd March) by Barclays Wealth and the Economist Intelligence Unit (EIU), suggests that family businesses have leadership values and particular characteristics which may position them well to ride out the economic downturn.
Frontline bank staff are denying small firms loans backed by the government’s £1.3 billion enterprise fund – because they have not been told how the scheme works.
The Federation of Small Businesses yesterday said that some bank workers were not even aware of the existence of the Enterprise Finance Guarantee scheme.
Rented office provider Regus is to giving start-up firms free use of its business centres.
It’s all part of its £10m British Chambers of Commerce-backed Get Started campaign. Now Regus is calling on other businesses to join the cause and do what they can to inject new activity into the UK economy.
Watch the launch video of Tenner month! Thanks to NESTA, Peter Jones and the Birches, who founded Bebo, have loaned 20,000 young people £10 each and given them a month to make as much profit and social impact as they can.
We will be catching up with the team at NESTA on progress here at Business Matters during the course of the month.
Over 80 per cent of UK small businesses see smarter use of communications technology as the lifeline to help beat the recession, according to a study of small and medium-sized business (SMB) owners participating in the Business Growth and Development Programme (BGP) at Cranfield School of Management. The study of the 31 small businesses between £500,000 to £20 million turnover, which was commissioned by Siemens Enterprise Communications, found that 84 per cent of those interviewed think that enhanced communications will deliver competitive advantage in the current recession. A further three quarters want improved productivity when they are investing in IT and communications.