Running a company can be hard work, but it can also be extremely rewarding. It also means you are usually responsible for a variety of important decisions, including what kinds of products or services in which your company should invest. Sometimes these decisions can be difficult because there are so many things to choose from! If you think your company might need a boost, here are five things you should consider investing in.
There are may significant advantages for a company letting workers telecommute and work remotely. Productivity often increases as this flexibility makes workers happier. In today’s world, it’s important for a company to offer this option for some jobs.
Yet there are disadvantages when you don’t have workers together on a consistent basis. It’s impossible to replicate the casual environment of workers being together at lunch and around the office. Much gets done when people are together.
Every company needs to strike the right balance, and that’s what Marissa Mayer is trying to do at Yahoo!, but her recent announcement has sparked a backlash.
Here’s a clip:
Just reading this, it seems like this could have been handled better by bring up the issue and looking at specific jobs. As stated above, balance is best.
But I suspect the problem may have gotten out of control at Yahoo! and that has prompted Mayer to take a hard line. Workers can be very productive at home in terms of how much they work, but it’s harder to keep workers focused on what’s best for the company if they are always at home.
It will be fascinating to see how this story develops.
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The lines are blurring between work days and off days, along with workplace and home environments, as technology makes us more accessible. One trend emerging has to do with open-ended vacation policies.
Unlimited paid vacation is the new trend, as you encourage workers to be responsible and take the time off they need. This makes workers more productive. The idea is a Results-Only Work Environment. Not many companies are doing it, but it’s becoming popular in the tech field.
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The image above isn’t practical for all businesses. For small, virtual businesses to larger corporations, getting workers around a table to solve problems or implement new procedures is just not an option. teleconferencing can help, but social business tools can be even more effective.
These corporate social networks can be an incredible tool for companies of all sizes. Just imagine the impact all of this can have on innovation and productivity in your company? The social media revolution is just getting started and it will impact your career and workplace as much as your personal life. Don’t get left behind.
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