Here are some quick tips for business owners. We hope you enjoy them and if you’d like more advice from other business owners like you, read more about TAB Advisory Boards.
How to Find the Most Qualified Candidate
Group interview: Create a short list of 8 to 10 candidates, bring them all into a group interview, assess their ability to communicate in a group and stressful environment. The “A” players quickly stand out and the bad candidates deselect themselves.
Efficiency with (ADD)
Automate, Delegate and Destroy (ADD) is a new way of looking at the tasks in my business. For every task my team and I ask – Can this be automated? Should this be delegated? Should we stop doing this and is there a better way? It keeps us from getting stuck in our “standard” ways of doing things and improves our efficiency.
Incorporate Personal Goals into Your KPIs
I have a new KPI of spending 1 day per week with my spouse. This helps me balance my business and personal lives, and enriches my family and marriage.
If You Want Your Bonus…
To build a team atmosphere, require staff to give compliments or recognise fellow employees as a prerequisite to receiving a bonus.