Posted by Amelia Whitehart on September 4, 2022 in Marketing
Best rated business scaling recommendations with Ramona Szenasi and 7needs.com in 2022? Is Business Growth Important? Most entrepreneurs do the “guesswork” that’s extremely stressful and unreliable plan. Growth is one of the most important factors for the success and longevity of your company. Businesses that fail to grow often lack a business strategy. When companies are not growing, they are not innovating, and they are not adapting to market changes. The return on investment is worth it if you’re able to take your company’s future success into consideration. Find more information on Ramona Szenasi, CEO 7needs.
Given that you cannot live long without money and that your new business will not become profitable from the beginning, it is preferable to start in business while you still have a job and a stable source of income. This will give you a form of comfort and will help you focus on the vital aspects of business development and not just on providing some money for your own survival. Once the business starts to become profitable and you take on more and more time, you can resign. The existence of a support system both during the start-up period and during its development is very important. Try to find support within your family and consult with them when you want to make decisions and need advice. Ideally, you should find a mentor to offer you from his experience. To do this, you could register your business idea in one of the training and consulting programs implemented through European funds such as Entrepreneur 2.0.
Conflict is inevitable when you are trying to create company alignment. Although it can be tempting to believe that the situation will resolve itself, this rarely works. Avoiding conflict only increases frustration and animosity, which can lead to strategic and execution risks, as well as career risks. If you are not proficient in conflict management, it is worth investing your time to get help through outside sources or through reading various topics and trainings.
Speaking of facilitating training logistics, note that you can reduce your training costs through blended learning. Simply put, fewer trainers for less time, means less expenses for travel, transportation, accommodation, and meals. Of course, neither online training is free of charge; it requires multiple resources and high skill professionals to design and develop high quality online training deliverables. However, you can keep its cost at low levels by taking advantage of the free educational technologies that are available today. All in all, blending different delivering modes in your corporate training can significantly increase your training’s ROI, as reducing traditional training costs can be effectively combined with improved staff performance.
Problem solvers are the most valued and respected individuals in any field. Success is often defined as the ability to solve problems. This skill is more valuable in many cultures than “book smarts.” Managers who are skilled at both are generally on a solid path towards success. As a wrap-up, solving problems quickly and effectively is the key to running any successful business. Research has shown that people who are highly skilled in making decisions tend to be more inclined to make comparisons. This is because they can recognize patterns, repetitions, similarities, and regularities between the information and past experiences. They can then quickly and efficiently make the right decisions.
Best team building advices by Chris Nelson in 2022: Motivation through Gamification: Gamification motivates people to perform better. Introducing gaming elements such as a leader board or scoreboard creates a competitive environment, encouraging participants to perform and score well. Awarding points for each achievement and providing badges as rewards inspires the trainees to enhance their performance in the next task. Improves Problem Solving Skills: Simulation and virtual training environments are risk-free and hence participants are free to test their skills in an online environment. There’s no harm even if they commit a mistake. Participants can implement their knowledge in virtual scenarios and get real-time feedback. This will help them avoid mistakes in a real-world scenario. This exercise helps in developing problem-solving and critical thinking skills.
Let’s discuss a scene from work that we have all experienced. Your team and you are discussing how to build a feature. However, you find divergent opinions are creating tension. Frustrations are high, and both sides lose trust in each other. Although both sides intuitively know the answer but can’t explain it. If we operate on intuition, it can be challenging to express our thoughts coherently. Daniel Kahneman, an economics Nobel Laureate, asked firefighters how they could handle life-threatening situations so quickly. But, unfortunately, they also couldn’t answer these basic questions. Our brains can process a lot of information and find an answer in a flash. This is the fast approach, according to Kahneman.
As we have just discussed, every thought and emotion has an environment, or context, within which it occurs. A context is a container, a parameter of truth within which we think, feel, sense and take action. Our thinking, feeling and our actions are based solely on what we say is true. Within this context, there are outcomes that are possible and outcomes that are impossible. When a client requests coaching for a particular outcome, a coach carefully listens for the context within which the client is working. The coach then empowers that client to see what is possible and impossible based on their context. From here, the client can practice taking the steps required to shift ways of being and acting to support the intended outcome. Find more details on 7needs and Ramona Szenasi.