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6 Ways To Become The Greatest Asset Of Your Business

6 Ways To Become The Greatest Asset Of Your Business

A business is only as good as the people that comprise it. There are a lot of moving parts and approaches to consider when plotting an upward trajectory for a company. Let’s not forget about the most important asset any firm can have: it’s employees. This includes you!

If you want to help your business succeed, you need to invest in yourself. Work on improving yourself and you will inspire your team members to do the same. Your business will benefit as a result. Here are 6 ways to make yourself the greatest asset of your business.

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1. Improve your health and energy levels

Work days can be long and stressful. Without the health and energy to make it through a day, you will never be able to do your best work and help your company thrive. Follow Anna Shelley’s advice and ask yourself every day, “What is one thing I can do today for my health?” Go for a walk. Eat your veggies. Drink more water. Get enough sleep. There are limitless options to choose from.

2. Establish successful habits and routines

Willpower is a finite resource. Habits are different. Habit, once attained, become automatic and no longer need willpower to keep up. What successful habits and routines would you like to add to your day? Kyle Hart provides a list of 16 everyday habits of productive people as a reference. Whatever habit you decide on, keep it up for 66 days. This is the average amount of time it takes to form a new habit. From maximizing your downtime to growing from mistakes, habits make a big difference in your professional and personal life.

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3. Learn how to give and receive feedback

The world is changing and evolving. The only way a business can keep up, is to adopt a culture where people feel open to giving and receiving feedback. In a world where one person’s opinion can make or break your reputation, immediate response to internal and external feedback is necessary. Feedback is how people and businesses learn what is working and what isn’t. Feedback is how companies and people know what needs to change. Follow David William’s tips to give constructive feedback while avoiding ugly confrontations.

4. Be a self-starter

One of my first managers, Paul, told me something 15 years ago that I still remember to this day. When I asked his approval to spend time researching a project idea, he said “Ravi, it’s better to beg for forgiveness than to ask for permission!” His point was that in a busy workplace, instead of looking for approval, be a self-starter and do the work. Even something simple lying laying out an idea and passing it along to your management shows initiative. If you are convinced of the value of what you are doing, recommend a course of action to your bosses instead of just asking for permission to look into something further. People place value on employees and managers that take action.

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5. Prioritize your work for efficiency and impact

In a busy world, prioritization is an all-important skill. The Pareto Principle states that 80% of results are produced by 20% of efforts. How can you apply this to your own work to help you focus on the most important tasks? Take out your to-do list (or write down all the things you need to get done at work). Prioritize this list based on which are most important to your business. Circle the top 20% of tasks and committ to spending the majority of your time and effort on them. You can apply this method to simple tasks or a set of big projects you are working on.

6. Work with a coach

Almost every world class performer – in sports, the arts or business – works with a coach. A study by the International Coach Federation shows that “coaching generates learning and clarity for forward action with a commitment to measurable outcomes. The vast majority of companies (86%) say they at least made their investment back.” Eric Schmidt, the former Chairman and CEO of Google, goes a step further, saying that having a coach was amongt the best advice he ever got. If you don’t already have a coach, find someone to help coach you to help turn yourself into the greatest asset of your business.

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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