A tight economy demands high performance in all areas, which is why it pays to keep tabs on your inventory, one of your company’s largest investment. How you manage your inventory can be the ticket to soaring profits — or the anchor that pulls you under.
“All men by nature desire knowledge.” — Aristotle
If you are reading this, you are most likely a student seeking knowledge. Aristotle would suggest this seeking of knowledge is innate. Modern social scientists have developed several theories as to why we make the time and financial investments to improve. Their theories may help us understand why we make the investment in knowledge.
Can you recall a time in your career when you felt fully invested in producing your best work?
I remember in the late 1990s meeting with Jeff Bezos at his Amazon headquarters in Seattle. In those days, people were skeptical how far he could take his little online bookstore. While we met and discussed some partnership ideas with his staff, Bezos had an opinion about everything and he was very good at explaining how all his ideas linked to the bigger vision of Amazon. It was clear to me then that Bezos was a teacher and extraordinary strategic thinker. Although his vision was big, he was also good at some little things and operated in a very methodical way.
It’s a dilemma: Employers are looking for qualified candidates with relevant experience to fill their open positions; however, most recent college graduates are just starting out in their fields and have yet to acquire such job experience. While this void can be a liability during the job search process, it won't necessarily prevent recent grads from scoring entry-level positions. The key is to strategically display on your résumé what experience you have gained thus far in a manner that recruiters find appealing.
Committee, commission, board, and other advisory positions can provide excellent and diverse ways for individuals to get involved with nonprofit organizations and related organizations and interests that they have a passion for. Many of these members and participants maintain their full-time employment while serving their organizations in these capacities.
Close your eyes and imagine a leader. Did you think of a general? The president? It’s not unusual to associate leadership with power, but to gauge effective leadership, I’d argue that power will only take you so far on the battlefield, in the Oval Office, and, yes, even in the workplace. In order to achieve sustainable success, managers need to embrace a humanistic model, which emphasizes compassion, the value of each individual, and respect.
Here are five personality traits that I believe are key to humanistic leadership:
If you are in a management role, each day is a challenge, and it seems like there is never enough time.
In fact, we all have the same amount of time each day — 24 hours. The difference is how we use it. To do so effectively, you have to be aware of several factors: your own short- and long-term priorities, daily capacity, and how to leverage your own time.
Time management is exactly what it sounds like. Managing your own time versus allowing time to manage you!
The phrase “The customer is always right” is an iconic one in the hospitality industry and accepted as fact by most industry professionals. While the concept and message it conveys are rooted in fact and provide useful guidance upon which organizations can base their customer service, the statement is obviously not absolutely correct. Adhering to it as if it were is a mistake, leading to costs that include more than just dollars. Here’s why service philosophies should be based on the customer almost always being right, knowing when they are wrong, and what to do about it.