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7 tips to Stop the Dripping Faucet in Your Organization
Written by: Leanne Hoagland-SmithArticle Overview: Organizations when working well waste very little. However, some organizations are much like a facuet where waste is slowing dripping each and every day of the year. Read how your organization may be dripping thousands of dollars.
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7 tips to Stop the Dripping Faucet in Your Organization
Each day thousands of workers spend 8 hours or more at their respective jobs with many contributing to the dripping faucet within every organization. This faucet much like the leaking kitchen or bathroom faucet’s steadily waste drops of a previous resource – water – every minute of every day until fixed. Yet, the dripping faucet is considered a minor annoyance until the drips become steadier. During this time, thousands of gallons of water are wasted costing the owner probably more money than it took to correct the problem.
Organizations also have dripping faucets not only in their physical plants, but within their people’s productivity. During the last 6 years, I have surveyed thousands of individuals who all believe that their plates are full, but admit to wasting a minimum of 12 minutes each day. For employees who are paid $30,000 not including benefits, this amounts to $14.42 each week for the one lost hour of work or $721.12 annually. If you have a facility with 50 people, the annual cost is at least $35,056. For organizations with at least 1,400 employees, the annual cost rises a minimum of $1,000,000. Dripping faucets are very expensive!
How can you repair this expensive drain on your limited resources? First, consider that most people don’t intentionally come to work to waste your resources. Their performance in many cases is a result of lack of knowledge and skills supported by negative attitudes and habits. These negative attitudes and habits probably contribute much more to their poor performance.
Second, begin to ask questions about how the organization is communicating its message. If you were to survey 10% of your employees from upper, middle and front line levels and asked them to name the top 3 goals of the organization, would you receive the EXACT SAME ANSWER from each individual. Different responses contribute to people not knowing what they may need to do next and contribute to the ongoing dripping faucet.
Third, determine if your employees truly understand how to plan and achieve their personal goals. If your employees are achieving their personal goals, the likelihood of them achieving corporate goals has been greatly diminished. Time management is the apex of goal planning and achievement. If individuals don’t have goals, then why worry about time?
Fourth, as you train your employees include interpersonal development along with the job specific skills. If your company promotes from within, the individual is recognized for her or his job specific skills. However, as these individuals moved up through the organization, job specific skills become less while interpersonal skills become greater. Yet, much of the training fails to develop these individuals and the result is that these individuals leave which increases bottom line costs or return to their original position again increasing bottom line costs.
Fifth, think about the words that you select. For example, ask your employees how they are investing their time instead of spending their time? Frame your questions and statements using positive words that generate powerful mental images. People hear words, but they think in pictures.
Sixth, align your systems, strategies and people to create loyal internal customers that discover those “moments of truth” leading to external customers. Southwest Airlines understands the power of alignment.
Seventh, finally, adopt a quality program such as Baldrige, Lean Thinking, Total Quality Management or Business Improvement Process based upon reducing waste at all levels
These are just 7 tips that will help you begin to repair your dripping faucets.
So, grab the toolbox and begin to create a culture of inspirational leadership that does not support wasting your resources, but instead looks to invest them. Remember, the faucet is dripping and this is very expensive.
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About the Author: Leanne Hoagland-Smith RSS for Leanne's articles - Visit Leanne's website  Her book, Be the Red Jacket is a no-nonsense and quick read to help discover potential gaps that may be keeping you from your goal to increase sales. The forward is by Evan Carmichael of EvanCarmichael.com Remember if you think you cannot or you think you can either way you are right. (Henry Ford). Sales Coaching Tip: Change your thoughts; improve your results. Click here to visit Leanne's website   Leadership Audit For Business Leadership Assessment Business Building Check List |
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Young Entrepreneur Organization - All You Need To Know
- The Young Entrepreneur Organization (YEO) is a global community of entrepreneurs. This non-profit organization aims to make its members successful in their business through networking and training programs. This article tells you all you need to know about the Young Entrepreneur Organization, and the opportunities it makes available to young entrepreneurs from across the world.
Young Entrepreneur Organization: Facts.
1) The Young Entrepreneur Organization has 5,000 members in 35 countries across the world. 2) The organization was founded in 1987. Since then, it has helped many aspiring entrepreneurs with training facilities and getting in touch with the right people.
3) The average age of the members of Young Entrepreneur Organization is 34 years.
4) In order to be eligible for the membership of Young Entrepreneur Organization, you need to be under the age of 40; and be the founder or partner in a business that has annual sales of more than $1 million.
World Entrepreneurs Organization: A part of the Young Entrepreneur Organization, the World Entrepreneur Organization and takes the message of Young Entrepreneur Organization to many additional places around the world. This organization is especially active in the area of education and training for entrepreneurs.
Young Entrepreneur Organization: Objectives.
1) To foster entrepreneurship.
2) To support Young Entrepreneur Organization members by providing them the chance to network and grow.
3) To provide resources to its members so that they can benefit the economy through innovative business ideas.
4) According to Young Entrepreneur Organization, you get to share your story with those who have had similar experiences, and thus gain insight into the best principles of entrepreneurship.
Young Entrepreneur Organization: Facilities.
At the Young Entrepreneur Organization, you get to meet and share views with like-minded people and fellow entrepreneurs. In order to facilitate a free exchange of ideas and growth for its member, the Young Entrepreneur Organization provides the following facilities to members.
1) Forum: Join the forum of the Young Entrepreneur Organization and start networking with entrepreneurs from across the world. Each forum group has 12 members who come together regularly to share their experiences and discuss issues related to entrepreneurship.
2) Mentor: In conjunction with the World Presidents’ Organization, the Young Entrepreneur Organization guides and counsels young entrepreneurs through a mentor program by the best business leaders.
3) Social Innovation: The Social Innovators Program involves Young Entrepreneur Organization member who wish to do something for about social issues. It helps members become socially aware citizens and gives them the opportunity to do something for their community.
4) Marketplace: The marketplace allows members to post business offers and receive replies from other members.
These are just some of the facilities you will get if you become part of the Young Entrepreneur Organization. Others, like meeting prospective clients through trade shows, and special tools to network and meet with the right people are also part of the YEO facilities.
Protect yourself from Hackers
- I received this from a newsletter from FXpro that I subscribed to. Please read and apply
In the 21st Century internet is widely used for everyday job. Despite the "ease" and free time offered from internet use, one should be aware of the dangers and be prepared to avoid and safeguard him/herself from any attacks his/her computer may accept or even from the "unwanted" e-mails received.
Golden Rules of Protection
When using the internet make sure you have an antivirus program installed in order to avoid intrusions in your Computer,
If you are using wireless internet connection make sure you have your connection locked,
Do not save any official documents on your Computer, such as Copy of Passport, ID, Bank account numbers, copy of cards in case your Computer is hacked or even stolen,
Keep all access codes/passwords in a safe place,
Do not share an e-mail address with any person,
Do not reveal any access codes, passwords to any person,
If you are using a public Computer, ie in an internet cafe, make sure you log out any internet sites you have visited before leaving and deleting the cookies in order to minimize the risk of someone following your tracks,
Regularly change your passwords on your e-mail accounts, or any other account that requires passwords,
Be careful of e-mails received. Always check the e-mail address and in case you believe that this does not come from a person, Company, Organization you might be dealing with always send an e-mail to an e-mail address stated on the person's business card, Company's, Organization website requesting them to confirm that the e-mail address on the e-mail received belongs to them, before you reveal any information,
Always have in mind that an established Company/Organization never uses an e-mail address such as g-mail, yahoo, hotmail etc thus always be careful when you are receiving such e-mails, even if it appears to be from a Company/Organization you are dealing with,
Always remember that a Company or Organization will never require you to send them your login/password/access codes,
When using a website that requires an access code, do not allow the browser to remember your passwords
Coming up with a business name
- I've always been curious about how people select their business names and would love to hear how you came up with yours.
When I first started my company I was selecting between Evan Carmichael & Associates or the Carmichael Organization. The reason was I had read two books by Anthony Robbins and Donald Trump and learned about how they came up with their companies names to make them look bigger than they were when they were first getting started. Robbins chose Anthony Robbins & Associates while Trump chose the Trump Organization.
I settled on Evan Carmichael & Associates and later changed it to Evan Carmichael Communications Group when I incorporated on the advice of my lawyer.
I agree that it is not the most innovative name out there but my business is about building a brand.
I would love to hear how you came up with your company name!
Marketing and PR ideas related to a Credit Organization
- Hello Everybody!
I would be very grateful if you suggested some PR and Marketing ideas for a Credit Organization which target market is poor public who live in village and haven't any access to the internet.
Thanx in advance
Decide your market first
- Stop for a second and decide exactly who it is that you want to sell your product to.
Once you've done this you'll have a far better idea of where to find them and what it is that they're interested in
Cheers
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