Layoffs

Significance

The following is based on an essay by Denny Howe at the University of Pennsylvania. Our core values give us personal focus, strength, resilience, and meaning when the outside world doesn't always give us what we think we need or want. One of the challenges in maintaining behavior consistent with our core values is the perception of significance. How significant something becomes is directly proportional to the amount of emotional energy we give it. When you feel balan...

Work At Home – Training

Many people are looking to the Internet to work from home earning money. Many will succeed, while others barely make it or fail. Why is it that some are successful and others are not? Well I think at least part of the problem is that many people will try and find the easiest program that pays the most amount of money and simply join. This is setting yourself up for failure.

Retail Executive Dashboard Does Not Serve Front Line Sales Managers

Retail Dashboards are pictures of spreadsheets used by executive managers to visually identify around five key performance indicators. Dashboards have gauges, like the speedometer in a car, and graphs and colour, to draw attention to areas of strong and weak performance of each retail store and the organisation as a whole. They may display: sales per hour, items per sale, average sale, conversion rate, and wage to sales ratio – at the store, regional, and national level. T...

Scheduling Retail Employees

Scheduling my team has always been one of my least favorite tasks as a retail manager. It’s tedious, it takes hours and even when I think I have it right, I probably don’t. What makes scheduling a challenge is that you are balancing the demands of individuals on your team with the demands of your business. This can be a very time consuming and frustrating. Lets say you complete a schedule which took you 2 hours to create. You have carefully made sure everyone has at least...

The Top 10 Advantages Of Using The Topax Management System

Formula Travel Solutions offers the most comprehensive technology solution for both inbound and outbound tour operators. Here are the 10 top advantages of using the TOPAX Management System that can make your travel business a success: 1. User Friendly New employees can quickly adhere to the software environment by using easy windows-type screens. Changes and modifications may be quickly made with ease and without frustration. Help screens are also widely available. 2. ...

A Guide To Performance Management

Nowadays, a great significance is being given to Performance Management, as companies incorporate them in their effective management strategies. However, a lot of people find this process a complicated one, mostly because of the many options that it offers – on the organization, a specific department/branch, a product or service, and on employees, among others. In order to minimize this confusion, the items below will give you a general idea of what Performance Management...

Handling Statistical Variation In Six Sigma

Six-Sigma provides a methodical, disciplined, quantitative approach to continuous process improvement. Through applying statistical thinking, Six Sigma uncovers the nature of business variation and its affect on waste, operating cost, cycle time, profitability, and customer satisfaction. The term “six sigma” is defined as a statistical measure of quality, specifically, a level of 3.4 defects per million or 99.99966% high-quality. To put into practice the Six Sigma manageme...
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