People Management Tips from a Successful UK SME

Published on: 04 May 2018 Last Updated on: 09 August 2019
business-3365365_960_720

Many business owners excel at the core activities of their company but can struggle with the supporting functions that come with it. It’s certainly true to say that not every business owner is a natural leader and manager of people, and nor would they consider themselves to be. However, this is something that must be learned, at least until the business is large enough to hire someone who is if the SME is to be a success.

So what are the realities of people management for business owners? We spoke to Vasco de Castro, the co-founder and business development director to find out what he has learned about people management during his time at the helm of the new international workplace fruit provider Fruitful Office.

1. Make your team the focus of the business

It’s the business owner who has grown the company from the ground up, so it can be difficult to let go. However, once you start taking on staff, it’s important to step back and play a supporting role. The tendency is to think the business is all about you, but it’s the people who work for you that play a key part in creating the business’s culture.

Making time for your team on a personal and professional level and listening to any problems or issues they may have is central to the perceptions they form about the business. It’s also important to acknowledge that in their specialist areas, employees may well be more knowledgeable than you. Asking for their input and acting on the insights they provide will help them become a valued part of the business.

2. Let them shine

The reason you’ve hired the workers you have is hope that they have the specialist skills you lack, so it’s essential you give them the support and space they need to put those skills to good use. The tendency to micromanage is something business owners should resist at all costs. Understandably, you will be protective of your business, but once you’ve provided clear direction and made your expectations clear, it’s time to step back and let them shine.

As Vasco de Castro explains: “In my view, it is the role of the leader to provide the vision for the business and communicate it clearly to employees. It’s then down to the employees to make it happen.”  

3. Remember the bad bosses you’ve had in the past

When you’re finally in the position to be in charge, remember all those horrible bosses you’ve had along the way and make sure you don’t become them. There are a number of small and simple steps you can take to make your business somewhere your employees actually want to work.

Recognizing their achievements, giving them the freedom to make their own decisions, trusting them and actually getting to know them on a personal level all help. However, simply allowing yourself to relax and enjoy what working life has to throw at you has an important part to play in creating a loyal and energized team.

What do you think is the key to successful people management in an SME? Do you agree with Vasco de Castro? Please share your thoughts in the comments below.

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Content Rally

Employee Monitoring Linked To Business Growth

The name “Spy App” itself sounds awfully notorious like something out of a James Bond movie, but according to the state law, its use is quite legal. As long as employers follow a few basic rules regarding spy apps, they are perfectly authorized to monitor employees by using the said apps. Spy apps like; TheOneSpy is quite helpful in keeping track of employees’ various activities, online and offline. They indirectly can also serve as a great medium of business growth strategy. According to various surveys, companies lose millions of dollars every year due to non-work related internet surfing as well as idle employees who slack off during work hours. This is where turning to spy applications can serve greatly in terms of business growth strategy in the following ways:  Read Also: What Does Business Law State about Monitoring Employees? You Can Increase Employee Productivity Most businesses use video surveillance to keep an eye on their employees. Video surveillance was enough at a time when if the boss saw that the employee was in his cubicle, it meant that he was working. But now, with unlimited access to the internet, employees can browse through various blogs and videos at their leisure while they pretend to be working. Such a coupe can seriously damage the productivity of such an employee since their work vs. time ratio doesn’t add up. If such employees learn that their employer has his eye on every single keystroke they make on the company sanctioned computer, it greatly reduces the chances of them slacking off during work hours. Additionally, this way you can easily work out the slackers and identify the hard workers they have in their business firm. Keep Confidential Information From Being Leaked Humans are fickle beings by nature. They can be the best people you have ever met and yet at the same time, they can turn out to be the worst people you can have the misfortune of ever coming across. We meet thousands of people every day. When we meet them, we can never know at a glance whether they are worthy of our trust or not. The same goes for employers when they hire an employee. At first, even the most notorious people seem fine but when given the time, such people show their true colors. Spy apps can serve as a brilliant medium to catch such people early on since spy apps allow you to: Take a look at their browsing history. Keep an eye on the emails being sent or received. Get detailed logs about every single keystroke being made by the employee. This way, if you keep a close eye on a certain suspicious employee by using the spy app, you can not only prevent confidential data from being leaked but also catch such a thing from transpiring early on. Keep Internet Abuse At Bay Since most companies conduct most of their business interactions and other things using the internet. They use high-speed internet connections to make sure that an important business deal is not hindered by bad internet connection. Such high-speed internet bandwidth is equivalent to a shot of cocaine to an internet junkie, who’d rather watch funny and cute cat videos all day long instead of actually doing work assigned to them. Such slackers do not only abuse the unlimited internet access companies allow their employees, but it also reflects badly on the company if they are not on top of all the work assigned to them. Spy apps help company owners out with this problem as well. Since spy apps allow employees to block certain websites from being accessed by the target device, they can easily block the websites their employees are obsessed about to get them back to work. Keep Employers From Stalking Co- Workers One of the biggest setbacks being faced by business owners is employees manipulating the use of office hardware and bandwidth to stalk co-workers. Since almost all the official data is accessible by certain employees, they can use this data to harass their co-workers which may not reflect nicely on such a business if the local authorities are informed of such occurrences. Therefore, it is in the best interest of business owners to use spy apps to discover such obsessive behavior and immediately nip it in the bud before it can become much worse. The Bottom Line A business and its success completely rely on the people working for it. Unfortunately, as mentioned earlier, humans are fickle by nature and such fickle nature is bad for business. Therefore, investing in a good spy app is in the best interest of business owners since they can serve as a great pair of eyes and ears on troublesome employees. Read More: 5 Major Tips To Increase Employee Engagement In A Call Centre Industry How To Get What You Want At Work By Strategic Negotiation

READ MOREDetails
Small Business

Basic Small Business Tips for Noobs Who Want to Start a Venture in 2020

Running a small business is probably one of the best ways you can earn money. However, it’s no secret that it entails a few things. You can start by looking at the current trends in the market. Find out more about your target market and industry competitors. What products or services are currently available in your area today? How can you compete with the existing offers? Another thing you need to focus on as a small business owner is learning how to manage your revenue, profits, losses, and expenses. Understanding basic accounting can work wonders for your business. It will guide you in making crucial decisions such as setting your budget for your monthly expenses, purchasing new equipment or hiring additional staff While you can hire a professional from companies such as www.gsmaccountants.co.uk, it still pays to have enough background in accounting. Try enrolling in basic accounting classes. You can also use other resources such as blogs, vlogs, and webinars. Secure and manage your funds Aside from having an accounting background and solid market research, you must have enough starting capital. While ideas can indeed drive a small business forward, it is still important to have substantial funding in order to get things done. You should have funding equivalent to six months of your estimated cost of operation. This will provide you with a security blanket in case you don’t earn enough money during the first few months of your business. Once you receive your funds, your next priority is to ensure that you manage them correctly. Allocate money for various aspects of your business such as your employee’s salary, store rentals, utilities, and equipment. Don’t forget to stick with the budget you created. Prepare the necessary documents To ensure that your business adheres to the local laws and regulations, see to it that you submit all the required documents. Also, check the requirements for business permits and other necessary certifications. Ask the local authorities or refer to small business consultants if you're not sure how to process the documents. Say no to procrastination Establishing a business is a very serious matter. Don’t lose sight of the important things such as maintaining your momentum. Look for ways you can motivate yourself and your team to move forward. Also, never procrastinate! Schedule your tasks and see to it that you complete them on schedule. If you have a hard time completing tasks, don’t hesitate to ask for help from other members of your team. Thousands of business-minded individuals try their luck at building their own companies. Some of the common types of businesses you can find today include online retail shops, brick and mortar stores, service-based startups, digital marketing consultancies and software development firms. Whatever type of small business you want to start, see to it that you have a clear set of goals. Also, use the tips and tricks enumerated above. These are super helpful in creating a successful business. Make the necessary adjustment to fit the needs and goals of your dream business. Read Also: Cost-Effective Custom Mobile Accessories Packaging for your Small Business How to Empower Your Small Business through Digital Marketing? What Are the Alternatives for Small Business Startup Loans?

READ MOREDetails
Starting a Successful Business

Six Pointers to Starting a Successful Business

So you've decided to bite the bullet and start up your very own business. If it's the first time you've ever dared to create your own venture, you're probably intimidated. But if your passion is deep and your willingness to work is significant, a lot can happen. But first, you must address some first steps to starting a successful business. Here are our tips and pointers to doing just that: 6 Pointers to Starting a Successful Business: 1. Create a Plan and Implement It: The most essential step to founding a new business is to simply start. Research and create a plan that details the sequence of steps you need to take to create a business from scratch, approximately how long it will take to implement each step and your budget for each stage. Sticking to a blueprint will help you focus on your long and short-term business goals and keep you from getting distracted. Take advantage of the many free and paid resources across the Internet that help you structure and create a business plan. Once you have a plan you've researched inside-out, follow it! 2. Learn to Delegate: You may be tempted -- particularly if you are on a shoestring budget -- to establish your business on your own. But this is not the best path to business success. With the budget that you have, consider enlisting the help of a virtual assistant, a mentor or volunteers that help you get out of the day-to-day minutiae of your business. Doing this will enable you to focus on the bigger decisions and strategies that help you automate and build systems that keep the business running on a day-to-day basis. Don't skimp on just hiring anyone though, really invest time in finding the best employees for the position you are advertising. Employees who are intent on helping you with the best of themselves will be the lifeblood of your enterprise. 3. Investigate Your Audience: If you're able to think of five independent profiles of customers off the top of your head who'd be interested in your product or service, then you're on to something. Investing time and thought into finding out crucial information about your target audience is incredibly important to your business. Ask yourself the following questions: What target group would buy your products? Why would they value your product enough to buy it? When you are able to deeply identify your target audience, you're more likely to be able to figure out avenues of how to reach them. Knowing your target audience is what will ultimately guide you in the development of your product or service as well as your marketing. Make it a point to occasionally ask your customers what they think about your market, your product/service, and other such valuable information. If they would support website localization or foreign language subtitling for your onsite videos, for example, you should know about that. Doing this will help you prepare a positive, seamless experience for them from the moment they first hear of you to when they buy your product or service, and beyond. 4. Work Out And Stick To Your Rates: Many business owners make the mistake of charging what they think the market would be willing to pay. But instead, your baseline should be to charge the minimum, or more than the minimum, of what you need to earn to keep your company afloat. Set realistic goals of how much it will cost you to stay in business. Once you have a final figure in your head, set a rate or price that honors that figure while enabling you to make a profit. Try to set a price on the value of your service or product, rather than just cover a simple margin more than what it costs to provide or create the service or product. 5. Tap Into Your Passion: Beyond the nuts and bolts of the plan behind putting your business together, there's the human aspect --- your drive and passion for wanting to make it happen. The truth is that most successful entrepreneurs will often do whatever it takes to make their business successful. Starting a successful business is rarely easy -- it requires long hours, occasional failures, setbacks and disappointments that will make it difficult for you to continue. When you have the drive and determination to overcome these, you are that much more likely to find the success you deserve. 6. Roll Up Your Sleeves and Get Busy: Don't wait until you've got all your eggs in the basket to start putting your business together. Waiting for the right moment means it may never arrive. If you have an idea that is compelling and have undertaken the research and necessary planning to get it off the ground, go for it. But be prepared to learn some tough lessons while adjusting your plan along the way. Start now and commence your journey towards launching a business. Remember, even if you fail, you'll be that much more experienced when you revamp your ideas and strategy and start afresh. Read Also:  4 Business Leadership Skills For Business Success Why Should Retailers Use Pricing Tools For Their Businesses 5 Intelligent Sources To Boost Business Strategies All Over The World 5 Most Common Challenges Faced Bye Commerce Businesses Today

READ MOREDetails