Note: Running most Fridays in FromGregsHead.com, is a continuing series of tips brought to you by Greg Price. These run Saturday mornings during the BusinessMaker’s Radio Show on Supertalk 97.5. Audio files can be found on the Entrepreneur’s Playbook page of the PKF Texas website.
This tip is brought to you by Rebecca Ryan, of Next Generation Consulting, Inc.and PKF Texas.
Can your company be considered a next generation company?
Next generation companies work to put in place policies and procedures to ensure their employees come first. They look at what motivates their employees and adapt to meet the needs of both the talent and the marketplace.
These are a few questions you should ask yourself in order assess how your company can provide a better work/life balance for your employees.
· What are you doing now that makes the most difference to your staff?
· Which current practices should you maintain and enhance?
· Which should you abandon?
· What new practices should you implement?
Because of the shrinking talent pool, companies are facing greater pressures to change their policies and practices in order to compete for and to retain talent. Have you thought of forming an internal taskforce to provide a forum for your employees to voice their preferences? Allowing your employees to have a voice will ensure they are more engaged and committed to delivering the results needed to run a profitable business.