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5 New Year’s Resolutions for Your Company

on 28 November 2017

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Posted by Kevin Senior
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The start of a new year is a popular time to reflect back and make plans for the years to come. People often celebrate this time of year by planning out their New Year’s resolutions, and your company might well wish to emulate this. Businesses too often only look at the budgets, sales forecasts, and other financial considerations.

New Year’s resolutions provide a chance to think beyond the budget and consider other factors that might make a difference to your company.

1. Organisation

Becoming more organised is a popular New Year’s resolution for people. Perhaps it should be for companies, too. You know you’d like your business to be more organised, the question is where to start. Use Glasscubes team collaboration software to enhance team performance. By doing so, you can expect greater efficiency from your employees, improved communications between team members, and better tracking and oversight from management.

Look at other ways your company’s organisation could be improved. Whilst companies often spend too much time and resources with disruptive reorganisations, there could be some common-sense changes that could make your company or department work better. Take time to evaluate your current policies and discuss issues with your employees to see if there are areas that could be simply improved. No need to reinvent the wheel, just look for easy wins.

Often old policies and procedures have remained in place long after the technology and business needs have changed. Even saving employees a few minutes of time or aggravation could equate to significant long-term benefits for your company. To reduce your staff’s resistance to change, be sure to present organisational developments as focused on making their work easier. Changes should be seen as being based on consultation with, and an understanding of, how the business actually works on the employee level. Workers will be much more receptive to those types of changes than ones that seem to have come from a corporate office or third-party consultant team.

2. Employee Retention

In the day-to-day demands of running a business, it can be difficult to keep employee retention in mind. While you might spend plenty of time trying to get employees to work better and faster, you may not often stop to consider the cost to replace an individual. Attracting, hiring and training a new employee generally costs hundreds if not thousands of pounds. For more specialised positions, the costs can be considerably higher. Consider as well the cost to the managers who need to devote time to interviewing potential replacement workers.

In addition to the expense of replacing employees, high staff turnover has costs that are harder to calculate. Each time an employee leaves, the risk increases of other employees following that example. High turnover can lead to a negative impression of your company as a workplace. This may affect the motivation of your employees. Your customers may also be negatively impacted by high staff turnover, either by dealing with employees with less training, or by lost relationships that were built up with individuals who have now moved on.

3. More Storage

It’s time to say goodbye to the days of expanding network server rooms. As companies grow, they now have the option to simply add more cloud storage. This allows your company to quickly and easily expand your electronic storage capacity as you grow. It also enables file sharing across various locations of your business and for team members working remotely.

What you might not have considered is the savings in IT support. Adding new onsite network servers not only requires the purchase of the servers and available physical space to install them. The amount of time and effort for your IT team to install and test the servers, transfer data, and connect them with the rest of your network can be considerable. Then you’ll still require staff or contracted IT support whenever your servers have an issue. Cloud storage frees you from having to face these costs.

4. Staff Development

The end of the year usually means employee annual reviews and talk about what each employee wants to accomplish in the coming year. The unfortunate issue is often companies provide little access to training to help employees meet those goals. For your company’s New Year’s resolutions, why not focus on providing development opportunities for your current workers? In addition to formal training programmes, consider ways employees could learn about different areas of the company. This can provide workers with a better overall perspective about the business while also offering them insight that will add to their value to the team.  

 

Glasscubes is a user-friendly collaboration software for teams. Connect everyone that you work with in an online workspace that improves the way you share files, manage projects and communicate with each other.

For more information, contact us by calling +44 (0)20 3274 2310 or email us at enquiries@glasscubes.com

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About this author: Kevin Senior

Managing Director at Glasscubes. With over 30 years experience working with businesses of all sizes and industries, Kevin brings success to fast growing companies advising on best practices and growth lead technology solutions.