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Other Added - Dead Wood: High Value Antiques or Dangerous Rot?
Selecting a Business Broker - Look Out for these Red Flags t recognized and leveraged the staff members’ years of experience. Half of those offered the new positions stayed on, adding new value to the organization. The other half moved on.Last week I got a call from a business owner who had decided to sell his business. He and his partners were beginning the beauty contest phase of selecting a firm to represent them in the sale. His partners had begun discussions with a merger and acquisition advisory firm. He had followed up with this firm prior to calling us and had questioned them on several issues. He shared his findings with me and asked my opinion. Generally I subscribe to my old IBM training and will not disparage a competitor, however, some of the answers were alarming to me so I elected not to Another company offered no salary at all, but provided office facilities and a generous incentive program so that older staff could contact forme How to Enhance your Business Career by Getting A Quality College Degree Without A Classroom! Every organization must reckon with ‘old-timers’: staff who have served many years but may be past their most productive prime.Did you know that that you can earn an accredited college degree without stepping into a classroom or visiting a college campus? Everyday busy people like you from all walks of life actually are earning their college degree without the hassle of attending classes, driving to campus, or giving up their job just to fit into the traditional college schedule. Why wait on your job future when you can start now on the road to a college degree.Today’s competitive job market practically demands a college degree. Without a college degree, job advancement can be difficult What should you do with these folks? Firing them seems a mercenary way to run a business. But keeping them on staff can demotivate and demoralize others, increasing your payroll without improving profits. A journalist recently asked me point-blank, ‘What should companies do with their “dead wood”?’ My answer was a question; ‘Is the “dead wood” raw material for valuable antiques, or is it dangerous rot?’ Many long-serving staff have a wealth of experience, customer knowledge and good ideas. They can be valuable in training new staff, contacting and caring for customers, spreading goodwill for the company through public relations or community outreach programs. Long-serving staff may not be able to master the latest technology or move at the current pace of change, but their knowledge and proven skills could still be harnessed for the benefit of all. These team members are raw material for creating treasured and high-value antiques. One large company offered senior staff an option of retiring early or working in new capacities as recruiters, staff trainers or customer service personnel. Each of these positions offered a lower level of salary but recognized and leveraged the staff members’ years of experience. Half of those offered the new positions stayed on, adding new value to the organization. The other half moved on. Another company offered no salary at all, but provided office facilities and a generous incentive program so that older staff could contact former Jack Canfield Wears Many Different Hats ing profits.During the time I have taken it upon myself to write a series of articles elaborating a little more on the 26 different speakers in the smash hit movie entitled The Secret, I have learned a lot about each of these individuals. One of the greatest discoveries I have found thus far comes in the way of Jack Canfield of Chicken Soup for the Soul book series fame. One of the surprising facts that struck a very strong cord for me was his educational back ground. As it turns out, Jack holds a BA in Chinese History from Harvard University and a Masters Degree from the Universi A journalist recently asked me point-blank, ‘What should companies do with their “dead wood”?’ My answer was a question; ‘Is the “dead wood” raw material for valuable antiques, or is it dangerous rot?’ Many long-serving staff have a wealth of experience, customer knowledge and good ideas. They can be valuable in training new staff, contacting and caring for customers, spreading goodwill for the company through public relations or community outreach programs. Long-serving staff may not be able to master the latest technology or move at the current pace of change, but their knowledge and proven skills could still be harnessed for the benefit of all. These team members are raw material for creating treasured and high-value antiques. One large company offered senior staff an option of retiring early or working in new capacities as recruiters, staff trainers or customer service personnel. Each of these positions offered a lower level of salary but recognized and leveraged the staff members’ years of experience. Half of those offered the new positions stayed on, adding new value to the organization. The other half moved on. Another company offered no salary at all, but provided office facilities and a generous incentive program so that older staff could contact forme Beware of Negligent Entrustment when Employees Change Departments valuable in training new staff, contacting and caring for customers, spreading goodwill for the company through public relations or community outreach programs.They are two elements of negligent entrustment that defines it from negligent hiring. The first, and most obvious, is that negligent hiring requires the actual employment of the person causing the injury while negligent entrustment can apply to anyone, employed or not.The second is that in the case of negligent hiring, the provision of a dangerous instrument need not be provided to the employee carrying out the injury. If that instrument is provided by an employer, then the employer could be guilty of both negligent hiring and negligent entrustment.Negl Long-serving staff may not be able to master the latest technology or move at the current pace of change, but their knowledge and proven skills could still be harnessed for the benefit of all. These team members are raw material for creating treasured and high-value antiques. One large company offered senior staff an option of retiring early or working in new capacities as recruiters, staff trainers or customer service personnel. Each of these positions offered a lower level of salary but recognized and leveraged the staff members’ years of experience. Half of those offered the new positions stayed on, adding new value to the organization. The other half moved on. Another company offered no salary at all, but provided office facilities and a generous incentive program so that older staff could contact forme Temping: A Backdoor Entrance to New Careers sed for the benefit of all. These team members are raw material for creating treasured and high-value antiques.If you’re in between jobs or having trouble finding the career you want, you might want to consider temping. It’s a great way to avoid having gaps on your resume and you may also get a chance to learn something new. If you’re looking to change careers but don’t know where to start, it’s also a great way to gain experience without making a life change. You can temp for a little while and then decide if it’s time to change fields. Experience will get you everywhere so go out and get someListing it on your resumeA lot of people are afraid to take a temp job One large company offered senior staff an option of retiring early or working in new capacities as recruiters, staff trainers or customer service personnel. Each of these positions offered a lower level of salary but recognized and leveraged the staff members’ years of experience. Half of those offered the new positions stayed on, adding new value to the organization. The other half moved on. Another company offered no salary at all, but provided office facilities and a generous incentive program so that older staff could contact forme Is Being Your Own Boss Really What It Seems To Be? t recognized and leveraged the staff members’ years of experience. Half of those offered the new positions stayed on, adding new value to the organization. The other half moved on.Hating your boss… that, of course, is not a new concept. Before I started in my freelance career, I always had a job where I constantly loathed my boss. This even dates back to when I was sixteen (I am 30 now) and working at an Orange Julius stand in my local shopping mall. Though I was never that employee that would challenge my superiors, I still developed a severe aversion to anybody who could claim authority over me and have the power to show me the door if I did not follow along. Now since then, the having a boss part has not changed, just the jobs have Another company offered no salary at all, but provided office facilities and a generous incentive program so that older staff could contact former customers to help stimulate or reactivate their accounts. The success rate was tremendous. Each conversation brought together a long-serving staff member with a long-standing (but no longer active) customer. Rapport was easily established as both sides shared experiences and insights about the company, its services and products. Many of these heart-to-heart conversations resulted in reactivation of accounts, new purchases, new profits and plenty of new ideas for the company. From old wood came precious antiques. But what about long-serving staff who have become cynical, resentful and demoralized? What about those who speak badly about the company and complain openly to customers and other staff? These employees are toxic and contagious. They are the unhealthy rot that can destroy the competitiveness and the culture of your organization. Such ‘rotten apples’ should be excised as quickly and cleanly as possible. To keep them around through some misguided interpretation of loyalty is sheer lunacy. If someone is earning money from an organization, they owe their active loyalty to the current health and future well-being of that organization – period. Two points to note: (warning – may be controversial) 1. The commercial world is changing too fast for inflexible emp
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