7 business mistakes that hinder your development in everyday life
Miscellaneous / / December 14, 2021
1. Don't keep a financial plan
Financial planning takes into account all income and expenses and helps to develop a company's development strategy. Without it, it’s hard to know whether a firm can increase profits, pay back a loan, or hire new employees. In life, it is also important to adhere to a financial plan - to make large purchases without loans or not to go into debt if an emergency occurs.
Start planning by assessing your current income and expenses. Then set goals, such as saving for a down payment on your mortgage, buying a car, or traveling. Leave room for a financial cushion. Prioritize your goals and think about how long you want to reach them. Then figure out how much money you have to save each month. If the amount is unbearable, the financial plan will have to be adjusted - to reduce unnecessary expenses or find a part-time job.
2. Believe that change will not affect you
It is important for business to keep up with the times. Even if today the company does not know the end of customers, tomorrow they can go to competitors. Business models and people's preferences are changing, old technologies are being replaced by new ones. For example, in 1997 Apple
turned out on the verge of bankruptcy. Unsuccessful products, including the Newton Pocket PC, were the cause. Returning to the company, Steve Jobs cut the product line and introduced the new iMac in 1998. Thanks to his actions, Apple has returned to profitability for the first time in several years.In everyday life, it is also important to adapt to new realities and maintain a sharp mind. In the future there will be appear new professions, such as virtual reality designers or smart home technology. It will be easier for a person who is constantly learning to build a new career. But even if you just want to maintain your position, you have to regularly update your knowledge.
Now there are many interesting courses for development, and lifelong learning has actually become the new norm. In entrepreneurship, too: if you have your own business, it is important to train employees and constantly improve your own competencies. This will allow you to improve your skills, master new technologies and stay ahead of the competition.
The task of the national project “Labor productivity»- to help enterprises to make their work more efficient. Through his solutions, companies gain access to a leadership training program. And the digital ecosystem allows you to implement progressive solutions in your business. With this project, Russian enterprises will have access to tax incentives, measures of financial and non-financial support.
Learn more3. Wait for the perfect moment
Perfectionists strive to do everything perfectly the first time. And if perfect conditions do not work out, they postpone the decision. But this can hinder development. Let's say it's important in business to test hypotheses in practice. For example, Netflix hasn't always been a streaming service: it started from mail-order DVDs. And the Slack corporate messenger team used to developed the not-so-successful online game Glitch.
Implementation of ideas is also useful in everyday life. Even if the idea doesn't work, you will gain experience and understand the situation better. It is normal and even beneficial to be wrong. For example, if you’re learning something new and make a mistake close to the correct answer, then you’d better rememberBaycrest Center for Geriatric Care. Making mistakes while studying actually helps you learn better / ScienceDaily correct information.
4. Surround yourself with people like you
It is important for companies to hire people of different genders, ages and backgrounds, with different skills and life experiences. Together, they will be able to make more creative and innovative solutions, look at problems from different angles. Such teams have more chances to achieve financial success than competitors with a similar background.
In life, it is also useful to communicate with people who have different views from yours - this will expand horizons and abandon stereotypes. The ability to listen to someone else's point of view, argue your position and find a compromise in a difficult situation is useful both in work and in personal relationships.
5. Don't think about the space around
Setting up an office can help or hinder work. For example, it is important to provide a room for eating, so that employees do not have to heat food in the microwave right in the office and eat at the desk. It's great when there is a place to relax, where you can chat on abstract topics. The best ideas sometimes come up informally. You don't have to go into office minimalism - try to create a space that will inspire you to work.
The arrangement of personal space also needs to be approached thoughtfully. For example, in a room with poor lighting, it is difficult to concentrate on work or study. And without a smart storage system, you have to spend a lot of time looking for things. A harmonious environment will help optimize resources and provide inspiration.
6. Take it all on yourself
Giving instructions to other people can be scary - suddenly they will not cope with the tasks and you will have to redo everything. But you still need to learn how to delegate: the larger the company becomes, the more difficult it is to keep everything under the control of one person. And it is impossible to be an expert in all matters: it is better when sales managers communicate with clients, and an accountant brings debit and credit. Solving all issues for subordinates, the leader can discourage them from taking the initiative.
In life, too, it is important to delegate problems to those who can better cope with solving them. For example, if you do not understand anything about repairs, it is worth hiring specialists for complex work - nerves, forces and money will be more whole. And if you are torn between household chores, involve other family members in the cleaning and cooking process.
7. Waste resources aimlessly
Making a new product before market research is an example of a waste of resources from a business. Such a move can lead to a waste of time and money. It is common to waste budgets and work hours to create clutter in business processes. When empty meetings take up most of the day, employees rush between tasks, and the manager does not know what each of them is doing.
Life is the same: without time management skills, it is extremely difficult to combine work, hobbies and household chores. A clear daily routine will help you accomplish your plans. Make a to-do list and determine which ones are the most important and urgent - they need to be done first. Remember to keep track of how long tasks take to complete. This will allow you to more realistically assess your capabilities. Special techniques, such as Pomodoro, can help combat procrastination: work in sessions for 25 minutes, and then take a 5-minute break. Rest for 30 minutes every four sessions.
Lean manufacturing systems help eliminate redundant operations and reduce task completion times, which means better business performance and higher efficiency. Within the framework of the national project “Labor productivity». Specialists of the Federal Center of Competence advise companies free of charge on how to minimize costs and increase profits. More than two thousand enterprises are already participating in the program. More than 79.5 thousand employees are planning to train lean manufacturing tools.
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