Business and Money Tips

All managers must avoid 2 deadly pitfalls: 1. Control Too little control or too much control is a problem . Too little control would mean not having rules, but most often we see rules not followed and management never do much about it. For example, many companies have rules on working hours, but ask yourself how many management actually ensure that people come to work punctually? Many people have got used to being late, and the common excuse is they work late, so they can come late for work. Many don't know that this is causing some issues in teamwork, e.g. if some people are not here by 8.30 am, how am I going to get certain things done without them? So as a manager, make sure that you set the rules of the game. A good rules of the game is Values. Values like honesty and 'Go Extra Mile' must be laid down and followed by all staff. 2. Losing Their Voice It's easy for people to lose their voice after working in the company. Initially new employees a...