The success of any business depends on people, which is why good teamwork is essential for success. So let’s consider how a project manager can improve teamwork.
Projects, of course, involve people; those who have initiated the project, the end-users and, more importantly, those who will manage and carry out the work to make the project a reality. And the success of any project depends on these individuals, which is why good teamwork is essential for successful project delivery. So let’s consider how a project manager can improve teamwork.
It is never enough to have a good project plan, a well-defined risk management process and effective communication even though plenty of project managers would be glad of those right now. The key to successful project management is to ensure the project team is motivated and works well together. One way of encouraging and motivating a team is to identify their strengths and any opportunities that might be presented by the project.
Did someone say flexibility? You’re in a meeting about a new system development project, in response to a change in legislation. Stakeholders, Project Manager, Director of Innovations department – everyone is there. The project isn’t going completely as planned; it’s… Continue Reading →
Many business owners find the thought of writing a business plan very daunting, so much so, that many of them never write one at all. But recent research suggests that SMEs could make more profit if they had a plan in place so no matter how difficult it might seem, now is the time to write a business plan if you haven’t done so already. And, actually, it is not as difficult as you might think.
A business plan is intended to clarify what the aims and objectives of the business are and how they will be achieved. It is, of course, also essential if you need to find a loan or other type of financing.
Here are the fundamental steps involved in writing a basic business plan…
Sooner or later, every startup or small business will need to upgrade its document archiving system. Scaling up will come sooner than you think, especially when you consider the vast amount of information, documents, data and so on you create in any given month. Understanding how and why the capacity of your document archiving needs to be addressed sooner rather than later is important for every business.
We live in a data hungry world where, for the smallest of purchases online, companies seem to gather a large amount of information. And there are other threats to archiving and storage; cyber-attacks impact on how and why some information is kept.
Thus, you may find the statutory and legal obligations placed on your business when it comes to archiving documents is growing;
So you’ve decided to work from home – you’ve had enough of that long commute and all the office politics, and you’re going to follow your dream of building a retail empire. All you need is a PC, a phone and a fast broadband connection right? Well……
Strictly speaking that is true but unless you have a huge house with plenty of space for storage you will find it difficult to buy and store wholesale quantities of your products – and without wholesale quantities you will find it difficult to make a decent profit.
You might be one of the lucky few with an abundance of storage but, more likely, you are like the rest of us and need somewhere to store your products before you even start thinking about how and where to sell them. Well the easiest, quickest and cheapest solution is simply to rent a self storage unit. It can effectively act as your warehouse until your business grows and you are ready to invest in your own dedicated warehouse space.
So that’s the storage sorted what next?
It is not news that the global economic outlook remains gloomy but the knock-on effect in many major projects is that budgets are still being seriously impacted. Project managers are being expected to achieve similar end results on lower budgets,… Continue Reading →
Gold plating in development is a well known term seen as a negative thing. In project management it can however be a good thing, here’s how.
Project management training covers all areas of project management, with specialist areas of project management being covered by specific certifications, it also covers the many new and established terms within the field. Gold plating is a common term that you may have covered during your project management courses. It is most often used in terms of development, but it can also apply to project management as well.
Recent major security breaches have involved celebrities having pictures and other sensitive data being stolen from their Apple devices. This led a lot of people to question the security of iCloud. Whilst you may not be an A-lister, this does… Continue Reading →
Most large retail companies now have a well-established website and e-commerce facility (if relevant) that complements their bricks and mortar locations and reinforces their brand. Having a strong online presence can expand awareness of their brand and products to a… Continue Reading →
The business loan drought which has prevented many millions of new businesses from getting the business loan they need in recent years is finally over. That’s the view of the Bank of England whose new report says that banks and building societies are showing ‘an increased willingness’ to lend.
Almost the entire Western world suffered from the recent recession with redundancies and severe cost-cutting measures at an all time high. And the job losses were not only confined to the hire-’em and fire-’em companies who traditionally shed staff in tough economic times. The latest recession affected employees from large and small companies, from family owned businesses and blue-chip corporations. Even the public sector, usually immune from redundancies, had to make cuts in a way unheard of in recent times.
We all know how tough the recent recession was, and was for a long time. Even though it is now technically over a common topic of conversation still seems to be about job losses, fear of job losses and possibilities for starting up a small business with a redundancy payment.
So that got me thinking about what type of small business could be started up with a modest capital outlay, but more importantly a business that could survive and thrive if there is another recession.
I’m sure many of you have had those conversations and arguments about what products and services you will continue to buy or use no matter what. Not everyone will agree (please let me know your thoughts) but here is a list of Top Ten businesses that will survive a recession