If, in spite of having all the right strategies and policies in place, your company is suffering losses and, even worse, the skilled employees are leaving your organization, you need to shift your focus towards the managers of your organization. The success of an organization is highly dependent on its managers but, unfortunately, not all managers are manager material. Employee management is an art and not every professional promoted to the position of manager can master this art. Ineffective managers can severely damage your organization’s productivity and performance, and create unnecessary stress in ways that never directly point towards the manager. A recent survey suggested that 70% of employees leave the organization voluntarily due to a bad manager.
In this era there is no dearth of distractions at work. You can blame it on social media addiction which bombards the employees with constant Facebook notifications, text messages, Snapchat notifications and emails, or on loud, noisy and talkative employees vying for attention; but the truth remains the same-the productivity of your organization suffers big time. A study revealed that, on an average, a typical worker in the office is interrupted every 11 minutes and it takes around 25 minutes to regain focus on work. To some extent, distractions are unavoidable and can be tolerated but constant interruptions can severely mess up your team’s ability to reach goals. On top of that, distracted employees never have enough time to recharge themselves and perform tasks with their full potential. As an employer, if you see distractions gradually taking a strong hold of your team, leaving it utterly unproductive or inefficient, take immediate measures to eliminate them before they cripple your team completely. Here are a few strategies that you can take up.
Financial crises could be severely damaging for your business. A financial crisis can arise in the most unexpected times, even if the businesses have taken enough safety measures to avoid it. There are several factors that contribute to financial crisis in an organization like broad market factors which include overpriced assets and excessive debt built up in a financial system, or financial stress in a specific industry or company due to various reasons. Also, the highly competitive and rapidly evolving market these days gives way to unexpected loopholes in the implementation of financial and corporate strategies, leading to financial setbacks. However, once your company is in a financial crisis you need to use the right strategies to deal with it or it can bring downfall to your business in no time.
Recruiting and retaining patients has always been a challenging task in clinical trials. Although patients are the centre of all clinical trials, the procedures are often not particularly patient-centric. Over years, clinical trials have been designed and carried out by experts, without involving patients in the design process or educating them about the clinical trial. However, lately, pharmaceutical companies have realized the need of making the clinical trials more patient-centric, which emphasizes helping the patients learn about the trials, improving their experience, retaining patients and encouraging trial participation in future. Research also suggests that investing in patient engagement helps in improving enrollment as well as retention, which in turn helps timely completion of the trial. Many companies have, now, realized the significance of patient centricity in clinical trials but very few actually know about the tools and methodologies to make their procedure patient centric.
Hiring a manager for your company isn’t enough. You need a great manager that can bring out the best in your employees, and motivate and empower them to achieve the company as well as professional goals. However, hiring a great manager isn’t always an easy task. On the other hand, an inefficient manager could lead to misunderstandings and miscommunications among employees which could be disastrous for your organization. No matter what industry you belong to and regardless of the size of your company, a great manager is an absolute necessity. There are a few traits that distinguish a great manager from others and while appointing a manager, you need to carefully analyze if your prospective candidate possesses those traits or not.