Maintain staffing requirements

[Midfielder]

Post your tho's on this element on this thread.

[ashrafun]

People are critical to the success of small businesses. However, there is no such thing as a typical employee. Small business owners employ people from:
• all generations
• different cultures
• and even some with special needs.
Experienced business owners know that personal and professional development is essential for employees. This allows them to make a more significant contribution to the business. The personnel plan must be coordinated with each other component plan of the business plan. It is prepared after the marketing plan and any production and purchasing plans are completed. These other plans determine the human resource requirements of the operation. It also describes one’s proposed personnel structure and staffing strategies for the operation. The management also aims for the staffing function of the operation is to maximize labour productivity in any given period within the budget limit.

[nirmala]

Maintaining employee motivation in the face of their requirements to replicate common, sometimes mundane duties has long been a challenge to managers. Regardless of the magnitude of the challenge, managers must do all they can to keep their team motivated, interested, dedicated, and committed to performing at a high level. Here are some tips to consider when creating a plan to maximize employee motivation to excel.
1. Know what your employees want to receive from their jobs. Is it money? Recognition? Satisfaction? Promotion? All of these are valid objectives but tend to differ with a diverse work team. It is critical that managers learn about the goals of their employees, both individually and collectively. If you become aware of employee needs and goals, you can better help motivate them to stay focused on achievement.
2. Give your employees positive, constructive feedback. Motivation is not a one-time occurrence. It is an ongoing commitment to succeed, driven by internal or external stimuli. Successful managers understand this reality and strive to provide feedback to employees about their ideas and achievements. Honest feedback on a job well done or one that needs some improvement is very important.
3. Show sincere appreciation when warranted. While many experienced managers know the rule, “praise in public, criticize in private,” they sometimes remain reluctant, unwilling, or uncomfortable expressing appreciation for a job well done to their employees. Most would agree that it’s much easier and

[poonam]

Keeping employees committed and motivated during tough economic times seems like a tall task, especially after downsizing or program cutbacks.These employees recommend new employees to the organization, and participate in efforts to improve current products, services, and processes. This engagement inevitably leads to greater success for the company, and is of significant benefit especially during tough times.

1.Learn to give respect to all levels of staff. All employees, whether on a conscious or subconscious level, want respect for the job they perform. It matters not whether they are the CFO or the newest mail room intern. Unlike dedication, self-motivation, and other positive human emotions that may be internally created, respect is normally an externally generated benefit. Giving respect to all staff, regardless of the magnitude of their responsibilities, can be a strong motivational tool and costs your company nothing.
2.Generate motivation through staff empowerment. Like the benefits of giving respect to your staff, empowerment costs nothing and often leads to long-term motivation and dedication to achievement. It’s true that this term has at times been overused and/or misused in recent years. In its basic form, employee empowerment simply means giving staff at all levels the opportunity to contribute ideas, suggestions, feedback, and potential improvements regarding company operations. By making employees part of the decision-making process, instead of just the recipients of those decisions, staff members often feel they have contributed to the policies and procedures of their employer and remain motivated to ensure success.
3.Implement a formal recognition program open to all employees. As noted above, a sincere “thank you” and public praise can generate motivation. Having a more formal ongoing recognition program often provides a baseline for continuous motivation for employees to perform well. Once again, some of the best ongoing programs generate low or even no cost benefits. Simple awards like publicly displayed “Employee of the Month” plaques or preferred parking spaces can work very well. Movie tickets, dinner gift certificates to favorite restaurants, tickets to the local college or professional sports teams, etc. can also be very successful. Ongoing programs like these often keep staff motivated to perform, if only to achieve “bragging rights” with their co-workers. These are simple, low cost, and effective.

social.successtelevision.com/pg/blog/Marshall_Goldsmith
www.kellyservices.com/.../articles_jan08_Maintain

[rosebud]

Budgeting and forecasting is very important for the small business owner. Knowing how much money can be spent and on what is the most important thing for a small business to stay afloat.
A budget will be required before any financing is offered because lenders want to see where money is spent and overall where money is being made.
When you create a budget sit down with last months’ bills to include them in the expense area of your report.
In your budget you will also want to include expectations, or a forecast, of your business’ growth. Align your forecasts to the marketing and sales plan and speak to the person in your business who knows the information you are looking for such as sales and production people.
When creating your budget decide if you will be creating a monthly budget or even a yearly budget. Budgeting software will make this really easy for you as long as you have all the necessary information to plug in.
When your budget and forecasts are completed you can have a good look at the situation your business is in and if things go as planned how the business will be in the forecasted time period.
Useful tips
Budget at the appropriate level of detail
Monitoring your actual sales and costs against the budget on a regular basis makes it much easier to forecast the year-end balance and budget the following years.
www.smallbiz.nsw.gov.au/run/financecashflow/pages/budgetingforecasting.aspx

[anilla]

One of the keys to growing any successful business is retaining quality employees. Your staff are your greatest asset - keeping them motivated and retained in a competitive job market is crucial to the ongoing health and success of your business.

Not only does high staff turnover result in a significant direct cost to your business, but it can also have a negative ongoing effect by fostering an unstable, inconsistent and non-cohesive work culture. When it comes to keeping staff motivated and retained, however, research shows that remuneration is rarely the bottom line.

www.smallbusinesshq.com.au/factsheet/11919-motivating-and-retaining-your-staff.htm

Maintaining and training the staff that you already have will maximise your business productivity at the lowest possible cost.