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Small Business Management Tips: How Healthy is Your Company?

5 indicators of current and future health as spelled out by The Small Company Blog (yep, it is relevant)
Small 

Businesses: employees are still key

Revenue (current and future) and understanding your customer base are certainly big indicators for the health of an organization, but there are other factors to consider, including employee satisfaction.  This article makes the case just where and how it affects your bottom line.

The five indicators it highlights are:

  • Does Your Company Have a Diverse Product Line? (Your business needs a Plan B)
  • Does Your Company Have a Diverse Customer Base? (Changes in market demographics - like an influx of women into a traditionally male-dominated area - can influence your bottom line, positively or negatively depending on how prepared you are)
  • Are Your Middle Managers Happy? (*Ding ding* Middle managers make or break the morale of your front-line workers - and you better bet that affects the dollars coming in)
  • Does Your Company Have Low 'Drama' Levels? (Coworker conflict, rumours, mobbing, power-struggles all make the workplace somewhere people would rather not be. Put an end to it as soon as possible - it's sucking up too much time and energy)
  • Do Your Employees Have a High Company IQ? (For smaller organizations, everyone needs to be able to articulate what it is the company as a WHOLE does - and how they fit into it.

Read the rest at the link.

Source
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Next post: Offering support is the best medicine for a stressed worker 2012-02-07 09:29:21

Other posts tagged stress, coworker conflict, workplace bullying, ROI:
· [Offering support is the best medicine for a stressed worker] · [High levels of burnout among UK family doctors, especially in group practice] · [PTSD and respiratory illness linked] · [Study finds most paramedics are victims of abuse in the workplace] · [Working moms multitask more and have worse time doing so than dads] · [Your abusive boss may not be good for your marriage] · [Current training programs may not prepare firefighters to combat stress] · [Tips for a happy boss day -- even if you have a difficult boss] · [Workplace sabotage fueled by envy, unleashed by disengagement] · [Stress hormones may increase cardiovascular risks for shift workers - especially those under 40] · [Power corrupts: especially when it lacks status]

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