Posted by Managementguru in How To, Human Resource, Motivation, Strategy
on Feb 9th, 2016 | 0 comments
Employee recognition is an increasingly important management requirement in the workplace, with a number of research studies showing the importance of staff engagement and appreciating employees for their daily positive contributions to the team. “To win in the marketplace you must first win in the workplace.” – Doug Conant, CEO of Campbell’s Soup Appreciation and Recognition are the two major factors that bring about employee job satisfaction and happiness. According to the equity theory, based on the work of J. Stacy Adams, workers compare the reward potential to the effort they must expend. Equity exists when workers perceive that rewards equal efforts. “When people are financially invested, they want a return. When people are emotionally invested, they want to contribute.” – Simon Sinek But employees just don’t look at their potential rewards, they look at the rewards of others as well. Inequities occur when people feel that their rewards are inferior to the rewards offered to other persons sharing the same workloads. “Employees who believe that management is concerned about them as a whole person – not just an employee – are more productive, more satisfied, more fulfilled. Satisfied employees mean satisfied customers, which leads to profitability.” –Anne M. Mulcahy Fine! Let’s see some amazing statistics that clearly shows “What are and what aren’t making employees happy?” Unhappy Employees’ Stats 88% of employees don’t have passion for their work. 75% of workers don’t quit their job, but quit their boss. 78% of people would work harder in their jobs if they were recognised. 60% of those who don’t feel they are appreciated are looking for a job. 65% of working Americans say they receive no praise or recognition on the job. Employee turnover was up by 46% in companies with ineffective employee recognition programs. Did you know the 1 reason most American employees quit their jobs is they don’t feel appreciated? Happy Employees’ Stats Organizations where recognition occurs have 14% better employee engagement, productivity and customer service than those without. 90% find a “fun” work environment extremely motivating. 76% said opportunities for growth were the top reason they stayed in an organization. 70% of workers are motivated by non-monetary rewards at work. 80% of those who feel they are being appreciated stay put. The equity theory makes a good point: What a manager thinks is irrelevant to an employee because the real issue is the way an employee perceives his or her situation. Rewards perceived as equitable should have positive results on job satisfaction and performance; those rewards perceived as inequitable may create job dissatisfaction and cause performance problems. Every manager needs to make sure that any undesirable consequences from equity comparisons are avoided, or at least minimized, when rewards are allocated. To motivate workers, managers must strengthen workers’ perceptions of their efforts as both possible and worthwhile, clarify expectations of performances, tie rewards to performances, and make sure that rewards are desirable. Some Hard-Hitting Facts Strategic recognition drives engagement Lack of recognition drives turnover High employee engagement leads to better business results or ROI Awards, recognition and praise might be the single most cost effective way to maintain a happy productive force. Respect employees, ask for their opinion and show genuine...
Posted by Managementguru in How To, Relationships
on Jan 30th, 2016 | 0 comments
How Can a Strong Emotional Intelligence Foster a Happy Relationship? The Emotional Science Behind a Happy Relationship – Lets see some surprising elements that hold couples together. It is a well known fact that couples where both people have high levels of Emotional Intelligence are closer, are more committed to one another, and are more satisfied in their relationships. But what is it about EI that is so helpful? The study authors suggest that being able to manage your own emotions, understand your partners’ emotions and behave in emotionally competent ways, all contribute to a happy love life. They also suggest that you likely model good emotional skills when you’re high in EI, and these skills may rub off on you partner, benefiting you both. Happy Couples Talk More People in the most successful marriages spend quality time together talking for 5 hours or more in a week. The determining or deciding factor whether a couple feels satisfied with the sex, romance and passion is by 80% the quality of their friendship with each other. We always see good friends getting married eventually and the success rate is quite high. Im here with you Stay with me As you communicate with each other, don’t listen what you want to hear, but listen to what your partner is trying to convey, because it is the same thing you would expect of him/her to do. Notice whether your partner seems stressed, frazzled, sad, frustrated, confused, pleased, glad, joyful, etc. Such emotional attunement will level up your ability to understand him/her better, and respond in ways that lead to happy and long-lasting relationships. Celebrate Your Partner’s Success This is a crucial factor in a relationship that strengthens your bond. When your partner comes with a good news, you have to say, “Honey, am really proud of you, tell me more about it. Being enthusiastic for small beautiful things about your partner may bring about big amazing results. This especially holds good for a man when his girl accomplishes something, because the only person she wants to appreciate her more than anybody else would be her husband. Find out Your Shared Interests Try to do something together that makes you both happy. Go for an evening walk or dine together in a new restaurant or may be you could start exploring a new place. Happy couples tend to bring out the best in each other. Managing the Moments of Tension Healthy arguments are always part of a relationship – marriage or friendship. When it crosses the limit, happy couples tend to bring it to a truce as quick as possible – through a short message saying Sorry or I Love You or “Friends?” Humor is always part of a happy relationship and how it helps you at times like these is beyond imagination! Plus, a little compromise from one’s end is not a crime – when it helps to hold your relationship together. Unhappy couples tend to do these things when they fight Criticize Show contempt Act defensively Resort to name-calling Tune out At the end of any conflict, focus on reconnecting and rebuilding emotional bonds strained by the conflict. Choose to Trust Your Partner When you build trust in a relationship, you are exercising the best possible relationship management, which is one of the four primary areas of emotional intelligence. Always assume the best of the people you care about, or those you work closely with. This is not only beneficial to your view of the other person, it helps you to move closer to the positive, loving person that you truly are at the core of your being. Trust is a choice you make, it’s not something you wait for the other...
Posted by Managementguru in Decision Making, How To, Human Resource, Social Media
on Jan 19th, 2016 | 0 comments
This is all about the art of changing hearts, minds and actions of people whom you move with, interact with every day and possibly want them to like you to get things done. What influences people to say yes? These are scientifically validated principles of persuasion that provide for small, practical and often costless changes that can lead to big differences in your ability to influence and persuade others in an entirely ethical way. What are you waiting for?
Posted by Managementguru in How To, Human Resource, Motivation, Stress Management
on Jan 13th, 2016 | 0 comments
Some jobs have such high demands on your personal time that they practically become a way of life. The pressures and unpredictability of these types of jobs make it very difficult to find time to relax. This kind of stress at workplace can take a toll on employees’ well-being and drain them over time. Balancing job responsibilities with personal life becomes a challenge, leading to increased stress levels and decreased overall satisfaction. Say for example, many who work in the grocery industry deal with customers face-to-face on a daily basis. Ready to turn your passion into profit? Payhip is your all-in-one solution for selling digital products, memberships, and more. This kind of high-level customer service and constant interaction can take a toll on emloyees’ wellbeing and drain them as well over an eight-hour shift. Mixing this exhaustion with other job responsibilities creates a perfect storm for stress. So, how does one cope? Ironically, jobs devoted to improving the wellbeing of others can be stress-inducing themselves. They call for excellent problem-solving and time management skills, as well as being sensitive to people’s needs. How does someone working in the health care industry eliminate stress without sacrificing the quality of their work? Well, the solution is not as hard as you may think or want it to be. With little changes in your lifestyle and habits, a great deal can be achieved to bring harmony in your work-life balance. Here is a list of 15 ways as to “How you could relieve stress?“ 1. Exercise Try simply leaving the building you are in and taking a short (10-15 minutes) walk around the block when you are feeling stressed, you will be amazed at how much better you feel. Most of us don’t realize that exercise releases endorphins that make us feel good. Research indicates that moderate-intensity aerobic exercise performed 3x over a week for 20 minutes is the most effective at helping manage stress levels. Even short bursts of 5 minutes of cardiovascular exercise stimulates anti-anxiety effects. 2. Breathing Here’s a good one. Try breathing in to the count of 4. Hold for 7 counts, breathe out for 8 counts. This is a well-known relaxation technique and works out like a charm. It also comes in handy when you are dealing with pain. 3. Eat Something Healthy Eat a piece of fruit if you’re hungry. Don’t load up on the sugar and caffeine because you will experience a rebound crash in about an hour or two. You’ll end up feeling worse than you were already. 4. Take a Mental Vacation Go to a place where you can be alone for about 10 minutes and imagine that you are in a location that you’d find relaxing. Imagine that you are in a beautiful beach all alone with waves caressing your feet. Feel the comfortable warmth of the sun on your skin. Listen to the sounds of birds flying overhead. Feel the sand on your feet and legs. Sounds wonderful eh! Relax… 5. Pray Research has shown that people who pray have positive correlation with the Almighty and they do handle stress better. Ready to share your creativity with the world? Gumroad makes it easy to sell digital products, memberships, and more. 6. Pet a Small Animal Stroking an animal can be very soothing and comforting. There are now programs where volunteers take their trained pets into hospitals and convalescent homes. It has been proven that stroking pets can help patients get well faster. 7. Smile More Smiles are a universal greeting. They make you look more pleasant and trustworthy, as well as releasing endorphins- making you feel better too. Smiling is very...
Posted by Managementguru in Entrepreneurship, How To, Marketing, Social Media, Startups
on Dec 26th, 2015 | 0 comments
This list of top ten ecommerce tips will give you a fair idea on how to boost your online sales by tapping the emotional triggers of the consumers. Lead Generation and Conversion What are the Emotional Triggers that Make Customers Click and Buy? “People shop and learn in a whole new way compared to just a few years ago, so marketers need to adapt or risk extinction. Brian Halligan CEO, HubSpot. Consumer behavior is a hotbed of psychological research as it ties together issues of communication (advertising and marketing), identity (you are what you buy), social status, decision-making, and mental and physical health. What makes them Click and Buy Online? Have you ever given a thought about why customers leave your site without buying? You’ll be amazed to know the reasons behind all the lost customers for trivial but expensive mistakes from your end. Ok! Shoot…Let us cruise through one by one… There has never been a better time to start an online business. But starting and running a successful online store is hard work with many steps and decisions that need to come together at the right time. To help, we’ve put together a comprehensive resource list, hand-selected from our best content. This list will show you how you would research, build, launch and grow a profitable ecommerce business. 1. You Must Ask The Customer To Buy Now If you want customers to “buy now,” you should ask them to do so. Buy now is explosively powerful because shoppers are highly prone to making impulse purchases. Once you realize that this is common shopping behavior, you’re ready to ramp up your “buy now” strategy. Marketing researchers have discovered five major factors that cause a customer to “buy now”: 1. An overwhelming attraction to the product. 2. An intense need to buy the product at once. 3. Ignoring negative consequences that may arise from the purchase. 4. A feeling of excitement at buying the product. 5. Conflicting feelings of indulgence and self-control. 2. Use Models People Can Identify With If you’re selling clothing, jewelry, or accessories, one quick way to create a connection to your customer is to show your stuff on people they will identify with and like. Personal Branding Photoshoot Ideas This doesn’t mean you need to book Russian supermodels; it’s best if they look like your customers. This might mean funky and cool, like So Worth Loving. 3. Social Links People are more likely to purchase something if it’s recommended to them by someone they know and trust. Grow Your Business with Content Marketing So make sure that your product pages have links to Twitter, Facebook, Pinterest, and Google+ so that your customers can tell their friends about the great product they just found on your site. 4. Drive Sales with Persuasive Video Marketing They are the stores that have created consistently great video content around their products without spending fortunes on production. You too can match the quality of most of these videos using a good camera and a steady tripod, or with a single videographer. If you have a good video marketing strategy, it’s possible that you too can build a seven-figure business based on Youtube marketing. Successful stores have created the videos that people use to consult whether or not they buy their products. Need to figure out how to properly brew coffee? Watch the videos of Transcend Coffee. Need to know how to prune a fruit tree? Check out the videos of GrowOrganic Peaceful Valley. 5. Build A Massive Following On Instagram Used correctly, Instagram can be a highly-targeted, visual advertising channel for your brand. In fact, in a recent study it was discovered that Instagram provides...