Co working is the emerging buzz around the globe, with this pandemic situation; co work has gained more significance in the recent times. Whilst co working spaces have come a long way since 1995, the guiding principle remains unchanged; collaboration and a sense of community. Over the past 25 years, we’ve also seen major changes in the way people work. An increasing number of professionals are eschewing traditional forms of employment in favor of freelancing and contract work.
We are in the world of processed foods, busy routines and changing lifestyles have taken us away from the granny’s kitchen where everything was A la Minute and wholesome. It was packed with lot of freshness and complete goodness of fiber, vitamins and taste. Now we are in a world where processed foods, fast foods, and generally, unhealthy foods are cheaper and more available than organic foods, there has been a tremendous rise in cases of obesity. According to a World Health Organisation research, obesity and malnutrition are the biggest challenges in the coming decade as the numbers have already surpassed 3 times of what is used to be in 1978. Some of the significant causes of obesity are:
Decision making is a daily activity for any human being. There is no exception about that. When it comes to business organizations, decision making is a habit and a process as well. Effective and successful decisions are rewarding where as the adverse decision’s cost the organisations to the extent of extinction. Therefore, corporate decision making process is the most critical process in any organization.
There is no doubt that co working spaces are the new tend and why not , internationally the professional work force boundaries have shrunk and it has given boost to such business and needs. In fact co working spaces concept has considerably gained momentum post COVID 19 pandemic, most of us were at home and the business has to go on, professionals were bound to deliver the quantum, this forced measure gave the large corporations to adopt the new concept of remote working as it not only reduced the cost of the companies in maintaining the office spaces but also saved daily travel time and resources of the workforce. Particularly for the startups it has emerged as a sustainable cost saving due to number of reasons:
Let’s talk about Revenue Management, what is it and its importance in the present scenario, increase in the increase of competition, increase of special offers and promotions, increase of distribution channels, increase of price transparency and decrease in time to react. These factors have a direct effect on business revenues and its resultant profits; we have all be searching for strategies to maximize the revenues of our business. This has given rise to Revenue Management.
Strategic management is the ongoing planning, monitoring, analysis and assessment of all necessities an organization needs to meet its goals and objectives. Changes in business environments will require organizations to constantly assess their strategies for success. The strategic management process helps organizations take stock of their present situation, chalk out strategies, deploy them and analyze the effectiveness of the implemented management strategies.
Personal development planning is the process of creating an action plan based on awareness, values, reflection, goal-setting and planning for personal development within the context of a career, education, relationship or for self-improvement.
This is one big quest of every production Manager or every business owner because enhanced optimum productivity is key to enhanced profits. Lets assume a business model where there is hourly work in place , if the number of units produced by collective team in different process is 100 , and optimum boosting increases the production to 110 , this increase of 10 units is actually 10% of your saved costs of production or enhanced profits.
Rightly said, there’s nothing more important to a small business than its employees. If your employees are happy, their productivity will increase, and that’s exactly what you need to help your business grow. Happy , motivated and trained employees turn in more productivity.
INDIRECT BUT EFFECTIVE MARKETING TO ENHANCE REVENUES.
“A satisfied customer is one who will continue to buy from you, seldom shop around, refer other customers and in general be a superstar advocate for your business.” ~ Gregory Ciotti
GUEST DELIGHT or CUSTOMER SATISFACTION can be simply understood with the fact that “Every satisfied guest is one next step towards building greater business” , this is universal truth not only for hospitality but for every business. This article will discuss the importance of guest delight in building resultant revenues and methodology toward achieving it.
6 WAYS TO ATTAIN CUSTOMER SATISFACTION
Well explained in simple words, Customer delight is about engaging your guest at an emotional level and appealing to their higher-order needs. After all, wouldn’t you rather have an excited customer as opposed to ambivalent one? Guest delight is winning the emotions of the guests in service transaction through pleasant attitude, professional approach and complete product. Creating that feeling of “someone special” or most important person in the world for the guest. Moving from customer satisfaction to delight requires a change of approach, as well as a change in both thinking and behavior. As we mutually strive to design and execute better guest experiences, these five guidelines will do more than satisfy your guest, they will create a truly delightful hotel stay.
How does this sounds to you “BEING YOUR OWN BOSS” does this gives you goose bumps, if the answer is YES then there is some hidden passion in you which is craving to be out of the skin and wants you to give it a chance. Most importantly you are going to follow your own dream. These chances are life events, as you plan to navigate through the life journey of being an Entrepreneur.
Let’s understand the definition of ENTREPRENEUR –“a person who sets up a business or businesses, taking on financial risks in the hope of profit” Before placing the entire or major part of your earnings at stake there are some essentials tips gathered from successful business owners advice.
