HOW TO MEASURE AND INCREASE A TEAM’S EFFICIENCY

How To Measure And Increase A Team's Efficiency
Efficiency is the measurement of total productivity per time. Productivity is the total amount of desirable result achieved. A person, team or company is said to be efficient when it achieves set out goals within a set time frame. ILLUSTRATION Company X is supposed to produce and deliver...
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THE LEARNING PART OF BUSINESS

The Learning Part of Business
It is said that Warren Buffet spends eighty percent of his time studying the market. Most great business men and investors are well read—even if it is within the confinements of their respective fields. Learning should never stop—even when you feel you have achieved all there is to...
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4 INDELIBLE TRAITS OF A GOOD FINANCIAL LIFE

4 Indelible traits of a good financial life
The race from financial nothingness to wealth is a process that takes time, technique and hard work. There are quick schemes—and legal too, by which a person can earn a high profit. There are businesses such as real estate businesses, house flipping, managing, retailing, where one can earn thousands...
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RESEARCH AND DEVELOPMENT FOR BUSINESS GROWTH

Research and Development for Business Growth
How much company profit should be plowed back into a business? How much of the plowed back profit should be invested in research and development towards company growth? The answers to these questions are determined by the vision of the leaders of the business. Research and development for business...
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ARE YOUR CORE TEAM MEMBERS “IN” WHEN THEY SHOULD BE OUT THERE?

Are your core employees in when they should be out
In Economics, the process of production is said to be incomplete until the product reaches the final consumer. Production begins with manufacturing; it then goes through wholesale, to retail and then to final consumer—not always in this order. The order is filled with other processes like distribution, shipping, warehousing,...
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BALANCING FAMILY AND WORK

Balancing Family and Work
Is it possible to have a successful career and a raise a family at the same time? Yes—or, the answer depends on the perspective of the individual. At the least, it’s about what one really wants the most. If we stick to facts, there are people who have...
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THE WINNING RELATIONSHIP WITH CUSTOMERS

The Winning Relationship With Customers
Regardless of how good an entrepreneur feels his product is, regardless of how much money he spends on marketing, regardless of the cutting edge technology, if the customer or the client does not buy his product, all his efforts will be naught. People are so important to business...
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INDIVIDUAL DYNAMICS

Individual Dynamics
A leader who doesn’t recognize the individual dynamics of his employees either runs a dud organization—when it comes to interpersonal relationships, or a generally un-innovative structure. The innovative entrepreneur understands that some are motivated by fear, others are motivated by competition, some are motivated by vision, and all are...
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HIRING TEAM MEMBERS ONLINE

Hiring Team Members Online
Hiring online has never been as popular as it is today. Today, there are millions of freelancers and experts from all over the world, offering their services to buyers. Before we go on, it is essential to define a few terms. Freelancers: A person that offers his...
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5 TIPS TO HELP YOU CHOOSE THE RIGHT BUSINESS

5 Tips To Help You Choose The Right Business
When a business liquidates or stops operating, the proprietor incurs debts—financial and moral. Study suggests that more than seventy percent of startups do not last the first five years. It’s a stunning figure and this is why an entrepreneur must be careful when deciding on the line of business...
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