Employee recognition in an organization

When we hear of employee recognition, we think of merit, acknowledgment, gratitude, appreciation, and some thanks for the job well-done by an employee. Employee recognition may be in the forms of awards, employee merits, promotions and monetary incentives. However, a simple saying of thanks and round of applause can also become a good form of recognition that may boost the morale of a certain worker. The importance of recognizing your personnel is as important as making them productive and achieving organizational goals. That’s why, a failure to properly recognize your best assets (human resources), may result to a total organizational disaster. Read more

The importance of organizing your business organization

The business management function of organizing usually follows after planning. This involves the assignment of tasks, grouping of these tasks and the allocation of resources and people inside the organization. An organized company is an entity which its elements (people, systems, policies, information, properties, etc.,) are rearranged and placed in order. It is important for a company to achieve effectiveness and efficiency in its business operation. A simple capability to find things in the fastest possible time saves money. Why? Time is gold and gold is money. A minute lost in searching a certain important stuff misplaced in a disorganized work environment, is already a cost convertible in money. If you earn $100 an hour, then a 5 minute wasted time in searching a particular office document will already cost $8.33.  Read more