How work experience can boost the bottom line for SMEs

why work experience benefits buisnesses

This week (5-9 March) marks National Careers Week, it highlights the importance of good careers education and support for young people leaving education. The week brings together schools, colleges and universities with employers to showcase best practice in careers guidance.

Work experience can help kickstart a career for young people, but it also offers many great opportunities for employers too. If managed effectively, a well-structured work experience programme can deliver returns from bringing in fresh insights, through to training the next generation of talent with the skills your business need. So, this National Careers Week we’re looking at how and why more SMEs can reap the rewards of offering work experience. (more…)

Training and developing staff on a tight budget

‘If you think training is expensive, try ignorance’

This oft-quoted phrase, attributed to Peter Drucker, is frequently used when businesses say they ‘can’t afford’ to train or develop their staff.

So it’s worth asking yourself how much ‘untrained ‘or ‘undeveloped’ staff are costing your business – now and, potentially, in the future? (more…)

Why “Change Management” is the most overlooked driver for executive success

Uber has a new logo. And many people don’t like it. There are things we don’t mind changing – seasons, governments, underpants – but most of the time, most of us resist change.

For every innovation, from skinny jeans to a black Bond, there are plenty of us instinctively asking why? Why change? Why do the bus timetables have to change? Why do we need another damned software upgrade? Why can’t fat-free yogurt and smoothies still be good for us?

The questions may vary, but the subtext is constant: Why can’t things stay familiar, and safe? (more…)

How business owners can strengthen 5 key business skills with 1 simple activity

Most new businesses will fail within the first five years. If you are starting a business you have probably read this before. Do some research and you’ll find that poor management, inadequate funding, or failure to understand your customers tend to top the lists of why this is the case.

Continue researching and you’ll get much on how to make your business a success, with advice like write a business plan, conduct market research, and ensure you have enough capital before you begin, all good suggestions.

However, even the most innovative idea, followed by the most robust market research, accompanied by more than adequate funding can still fail. That’s because success is rarely the product of any single task or decision. (more…)

How to boost staff performance

With the day-to-day costs of running a business on the increase, the pressure is on to make the most of existing resources. A skilled and motivated workforce can be an organisation’s greatest asset, helping to improve both competitiveness and profitability. For businesses of any size or sector looking to get the best out of their staff, here are a few ideas to get you started.
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