How to drive success with employee share ownership

Posted by James Price | JPAbusiness on 02-Jan-2019 02:00:00

Share ownership is often considered by private mid-cap and small business firms as a way to have a more meaningful relationship with key members of the team. 

Basically, employee shareholding arrangements involve applying mechanisms to enable key personnel to share in the earnings, performance and direction of your business.

Providing employees with an opportunity to share in your business is seen as a way to motivate their performance and engagement; to help them see their work as more than just a job – it’s an interesting idea.

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Topics: Employment and recruitment, Advice, Staff, Running your business, Business advisor, staff share plans

7 tips for successful hiring [cheat sheet]

Posted by James Price | JPAbusiness on 05-Sep-2018 02:00:00

Great staff are critical to our success as business owners and managers but, as our recent survey found, finding and keeping the right people is an ongoing challenge for many businesses.

One-third of our survey respondents indicated the biggest challenge impacting their business in the past six months had been 'finding and retaining good employees'.

Unfortunately we can't conjure appropriately trained staff out of the air for our clients and subscribers, but we can provide advice to make the recruitment process as successful as possible.

The following cheat sheet contains our 7 'golden rules' for successful hiring.

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Topics: Employment and recruitment, Advice, cheat sheet, staff management, Business advisor, hiring staff

How to build a reliable team [infographic]

Posted by James Price | JPAbusiness on 23-May-2018 02:00:00

Building a great team – and keeping them – is one of the biggest challenges a business owner will face.

Staff are not robots and everyone has their own motivations for the job they do, so there is no one-size-fits-all solution to this issue.

However over the years of advising business owners and helping them build and retain effective teams, we have identified several key actions that can help drive success in this area and we've summarised them in the following infographic.

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Topics: Employment and recruitment, Staff, Starting a business, staff management, business advice

Cheat sheet – How to develop a high-performing team

Posted by James Price | JPAbusiness on 28-Mar-2018 02:00:00

The JPAbusiness Staff Management Cheat Sheet is designed to assist you, as an owner or senior manager, to get the most from staff by helping you to manage positively and proactively.

The cheat sheet contains 6 staff management themes which you need to keep in mind – and act on – as you go about your day-to-day activities.

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Topics: Employment and recruitment, Advice, Running your business, cheat sheet, staff management, business advice

7 tips for managing your virtual team [cheat sheet]

Posted by James Price | JPAbusiness on 05-Jul-2017 05:30:00

‘Virtual teams’, ‘virtual resourcing’ and ‘contingent workforce’ are fancy ways of saying outsourcing.

They’re modern terms, but their development is based on the very old business adage of ‘do what you do well and rely on others for the rest’.

Globalisation and technological advances mean small to medium-sized enterprises (SMEs) are increasingly outsourcing to drive efficiencies, but managing virtual teams also presents its own challenges.

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Topics: Employment and recruitment, Advice, Staff, Running your business, cheat sheet

How to conduct a performance review [infographic]

Posted by James Price | JPAbusiness on 01-Mar-2017 05:30:00

When hiring staff it is important to document the job position to be filled, document the responsibilities and capabilities associated with the role, and clearly communicate these to the individual coming in to your organisation. (We discussed this process in detail in our Staff Recruitment eBook.)

A Performance Review is about taking stock of how the individual and the team they’re operating in is performing to those original responsibilities over the longer term.

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Topics: Employment and recruitment, Advice, Staff, Training and Professional Development, infographic

4 ways to take the emotion out of recruiting

Posted by James Price | JPAbusiness on 02-Nov-2016 03:10:00

It’s not uncommon for people to present really well in a job interview, be offered the position and then later be found ‘wanting’ when it comes to fulfilling the particular role they’ve been recruited for.

Similarly, there are many people who don't present well in interviews and subsequently miss out on jobs, who actually have a lot of substance in practice and would be valuable team members.

So how do we take the emotion out of the recruitment process and minimise the impact of our own biases and prejudices when dealing with these different personality types?

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Topics: Employment and recruitment, Advice, Staff, Running your business

US sales expert shares business trends and advice [blog]

Posted by James Price | JPAbusiness on 28-Sep-2016 02:33:00

US-based sales guru Ian Altman is a multi-bestselling author and strategic advisor with his finger on the pulse of international business trends.

Ian is also a prolific podcaster and blogger, and his annual business trend forecasts make for fascinating reading.

He basically tells us what we can expect to see from the most creative and innovative businesses in the year ahead, which is also what – if we’re smart – we should be embracing in our own businesses.

Over several blogs we’re going to take a look at some of the trends Ian forecast for 2016, particularly those with resonance for JPAbusiness clients. You can look at Ian’s blogs as ‘forecasts’, or treat them as savvy business advice.

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Topics: Employment and recruitment, Advice, Staff

6 reasons to invest in staff training and professional development [blog]

Posted by James Price | JPAbusiness on 25-Jul-2016 07:00:00

What is the difference between training and professional development?

raining is about ensuring your employees have the required skills and expertise to carry out the tasks for which they are responsible.

Professional development is a more long-term concept and is about helping your employees prepare to perform additional duties in future roles.

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Topics: Employment and recruitment, Skills and knowledge, Advice, Staff, Training and Professional Development

 
Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
 
 

 

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