Management Skills

May 17, 2017
Heads and hands

How to Boost Employment

Employee turnover is one of the greatest challenges businesses face today. According to a study by the Society for Human Resources in the US, the cost for replacing an employee is somewhere between six and nine months of an employee’s salary. Truth be told, different studies show different numbers but the fact is – whatever the numbers, losing an employee costs your business. And that’s just in monetary terms. People often forget to consider the […]
May 17, 2017
Good Idea Bulb

No good ideas? Here’s how to incorporate innovation into your company’s culture

Management consultant and guru Peter Drucker once said: The enterprise that does not innovate inevitably ages and declines. And in a period of rapid change such as the present…the decline will be fast. I have to agree – regardless of the type of industry you are in and your size – innovation is critical to corporate survival. This is the reason why many companies set up R&D departments decades ago with IBM being the pioneer […]
March 7, 2017
Conflict

How to deal with conflict (and make the best of it)?

Many people are afraid of conflict because they associate it with negative feelings. It reminds them of the emotions that arise when we need to defend our opinion, the overwhelming desire to make the other person understand us and the frustration when we are not understood. But conflict is not a bad thing in itself. It’s the way we engage in conflict that can be bad because we usually don’t do it constructively. The moment […]