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Best Business Practices

June 24, 2015 by Vincent Chhabra

Running a business can be a challenging undertaking. Much of a company’s success is dependant on its day to day operations and efficiency. Best practices can help a company service their clients, and scale easily. Take a look at the tips below for the best way to operate your everyone-deserves-to-work-for-a-great-leader2-2business.

Team Expectations

Clearly defined expectations and roles are a cornerstone to a comfortable workplace and definable performance measurements. From middle management, to boots on the ground, everyone should know what their role is and how they can go beyond it.

Manage Selflessly

Just because someone has the highest title, or the biggest paycheck, it does not make them the authority in the room regardless of subject. Great managers lead people and let other’s strengths shine when needed. Blind confidence can hinder a team effort and company excellence.

Structure

Having clear structures for employees to follow makes mistakes easier to spot, which keeps the train rolling forward on the march to success. Educate and train your people so they know exactly what needs to be done when an action item comes across their desk.

Feedback

Feedback is incredibly important to a business. In order for the management to know how they are doing they need to ask those being managed! If a management team can cater to the needs of their employees they will greatly see an increase in customer satisfaction, which is directly correlated to employee satisfaction.

Transparency

Having everyone able to see where the ship is sailing makes the guys below deck rowing feel a lot better about rowing. Keeping big moves transparent gives an organization a team feel and collaborative atmosphere.

Invest in The Right People

Take the time to ensure that you are hiring the best person for the job and the cultural fit. Putting the time in to ensure that a part of the company is right, is well worth what could be a poor fit and displacement later on.


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Filed Under: Business Tips, Vincent Chhabra Tagged With: Best Practice, Business, Leadership, Management, Practices, Vincent Chhabra, Work Place

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