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The term ‘360-degree feedback’ is additionally known as a multi-source, multi-rater assessment that usually comes from the staff of a certain organization. Some people agree with the idea that the program is efficient, while others claim it can lead to failure. Generally speaking, performance feedback is an excellent evaluation, yet what happens if everything goes wrong? Believe it not, some business domains consider that 360-degree feedback is inefficient when it is not employed correctly. A better understanding of the 360-degree...

Being a successful businessman is not just having great knowledge of management and organization. This is all about communication as well. No matter how big your business is, you have to communicate with many people to make it successful and profitable; and you must admit, that the biggest part of your communication with investors, co-workers, or clients comes through writing. I am sure, you write e-mails or business letters quite often, but sometimes you also have to work with many other documents to promote your business: media presentations,...

Health Related Workplace Discrimination – Defining the Problem Unfortunately discrimination has remained as one of modern society’s incurable plagues. Indeed, notable and admirable efforts have been, and are still being made in order to eradicate, or at least lessen the detrimental effect and impact of discrimination in general, but there is no band aid solution to such a serious problem. Many countries have strict and clearly worded legislation covering discrimination and the ways to curb, hopefully permanently, this antisocial behaviour....

Note: The content was written in collaboration with Media shower. For some reason, lots of people think that running a business out of their home is going to be easy. In fact, most of them (maybe even you) dream of spending their days in their pajamas with a laptop on the couch and raking in the money doing…something. Running a business is hard – even when you run it from the corner of your couch. Here are some tips to help make life easier as a home-based entrepreneur. 1. Specific Space Create a dedicated space for your...

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Do you find yourself overworked or stressed all the time because no matter how many hours you put in very little seems to get done? So how do you keep the emails and paperwork from piling up while still finding enough time to make every meeting? You prioritize. Abiding by these simple rules can help you complete a large amount of work in a single day while avoiding stress. Results over Hours Remember that it’s not about how many hours you put in but about what you achieve in the time you have. Set yourself goals and tasks each day...

Being a manager is different from being a leader, although these two are often confused and interchanged. Nevertheless, they should always go hand in hand. And while it’s not necessary that leaders are good managers, it is extremely important that mangers are good leaders. Why? Because if a manager does not have all the qualities of a leader, they can ruin a business in the blink of an eye. But what is the difference between managers and leaders? Managers vs Leaders What makes you a manager?: Managers are the people who are supposed...

A good job with good pay can attract good employees, but you want great employees. Drawing great employees requires great incentives. Sometimes, even awesome companies simply can’t afford to provide the types of pay to compete for the top workers. But money isn’t everything. There are short-term investments you can make in the form of extras, perks, and benefits that will draw and retain talent that would otherwise be above your budget’s potential. Consider luring top talent with these perks. Daycare For parents of young...

It should be the goal of every employer to provide a safe, healthy work environment. Accidents do happen, but many of them are avoidable. Keeping your workers safe and healthy should be important because they’re human beings who deserve to be cared for, because injuries are bad for the morale of the other workers, and worker’s compensation claims can be costly for your business, your insurance, and your reputation. It is unavoidable, unfortunately, that injuries are a part of work. But many accidents – and worker’s...

Cloud computing is not a new concept, but it is only recently that consumers and small business owners have started to accept the idea of purchasing data related services instead of a product that is delivered on a disc or as a digital download. The idea of having a third party control your data can be scary for some, but it is also a cost effective, flexible and liberating model for handling your data. There are many different versions of the “as a service” business model. The most well-known is Software as a Service, but...