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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.

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Next post: Dopamine impacts your willingness to work 2012-05-12 10:04:13

Other posts tagged stress, coworker conflict, workplace bullying, ROI:
· [Jealousy and envy at work are different in men and women] · [Taking a vacation from email decrease stress, increase concentration] · [The psychological risks of health staff working at the ICU and strategies to prevent them] · [Many employee assistance programs lack a comprehensive approach to addressing intimate partner violence] · [Emergency dispatchers suffer from symptoms of PTSD, study reveals] · [Study finds those who feel they must stick with employer become more emotionally exhausted] · [Benefits of taking Fido to work may not be far-fetched] · [How to handle your insecure boss] · [Mental health workers: the overlooked victims of 9/11] · [Fear of losing job causes dissatisfaction and lack of commitment] · [Study of employee substance use shows the need for supervisor training]

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