How New Year can benefit Your Company?

Are you a leader or entrepreneur? Do you own a company? Have you made New Year resolutions for your organization? If no, make one today.

At one point of another, we all at least think once what we need to do with our lives in coming years ahead because New Year is the opportunity to start all over again, to change what you want to change in life – it’s the right time to evaluate yourself, your needs and your goals. Life will become meaningless if you don’t have any goals, even a simple housewife has near future goals like changing curtains or buying new stove, and she might have long term goals like, getting her kids admitted in schools or losing weight in 6 months etc. That’s why I always say, New Year is our door to ‘fresh start’.

Now, why do I think Corporate New Year resolution is important? That’s because personal resolutions will only benefit you or maybe your family and close friends, like I have already described in my article New Year-New Start, but if you are a leader or entrepreneur then it’s time to think big, as you will be making changes in many lives along with much betterment in your company and it will ultimately benefit you in return.

While browsing yesterday, I came across a very informative and interesting Yahoo article, written by David Pogue, he explained how big tech companies like Apple, Sony, Uber and other few made big mistakes in 2014 and what are their resolutions for 2015. Take a look here for details.

Before going any further, let me explain making resolution is not that difficult or time taking, one can simple make a To-Do List of actions. I am explaining a few important and easy points to ponder upon before you make any plan for New Year:

Invest a little more in Branding: You definitely want to increase company’s revenue and market position, right? It’s a dream of every entrepreneur to see his/her company flourishing in success, fame and profit. So, to achieve that, one must be willing to spend some amount. Because if that amount is being spent on the right thing and at the right place, it will give 2 times more benefit in return, being a young entrepreneur, I have experienced this myself. All you need is to be little generous for your business.

Align company’s goal with employee success: It’s the most crucial part for any organization. Employee like to work at a place where they have chances to grow and excel in their career. So, companies that offer growth space to employee are ranked high in business market. If leader/owner of the company realizes this fact that employees will give double output if they allow them to complete company’s task in their own way, and yes, appreciation and encouragement are its major parts.

Change things that are not workable: If some strategy or worker is not giving output and you know it, it’s time to take action about it. Because neglecting one termite will cause badly. So, such changes will not only help in saving time and investment but will also provide a step towards success.

Plan development: Make it a habit. Short term plans are more effective and productive. Start making weekly or monthly plans and you will see prominent difference in company’s progress.

Increasing Social Network: Networking is always very helpful for any individual or company. New year is a great time to develop good B2B relations in the market. Besides, management professionals should be encouraged to expand their personal and professional networks so that they too can benefit the company by utilizing them in one way or other. This process can be called as, indirect branding, and it’s a powerful too, you must have heard about word of mouth advertisement, it’s the same.

Simple, isn’t it? All above things do not need much time or energy to be added in your business’s New Year resolution. Many other points can be added as per company’s nature of work, budget, expertise and years of experience. So, look for yourself and start powerfully this year of 2015.

Happy new Year on the Behalf of BrightSpyre Team.

All the best!

 


Would you like to add anything in this post? Be my guest.

Comments, critique and opinions are always appreciated.

 

New year - new start - fresh start

“New Year, New Start” in 3 Easy Steps

“Start where you are. Use what you have. Do what you can.”

  Arthur Ashe

Let’s take an example of a brand new car and a used car – A new car is smooth, cozy and gives better mileage, whereas a car that is used 5 to 7 years is weak and perform poorly, but if the same used car is given proper services and maintenance, it will also start to give better performance, better re-sale value and will overcome other weaknesses. Same goes for an individual to an organization, we all need a fresh start and smoothness to achieve the desired goal in life – but the question is “how”?

Here comes the New Year – an event that provides everyone a great yearly chance to start fresh, to start all over again. Everyone waits and celebrates New Year, in one way or other, because it has become a fashion now. But here, by fashion I mean, to at least ponder upon last year – what’s gone and what’s achieved, where we lost and where we won, what should have been done and vice versa. Because New Year gives us a clear chance to evaluate ourselves and our lives, this is where improvement comes.

I have heard many people saying it’s a difficult task, that they cannot grasp the idea of starting fresh or they have no idea how to do it. People around the world make New Year resolutions on individual levels and also on corporate levels. So, I am going to explain personal New Year Resolution in my words here:

See our article How to make corporate New Year Resolutions

Analyzing previous year: Ok, I know it’s hard to remember every little thing from the entire year but all the main events and highlights could easily be jotted down on a paper. Write down all the good and bad happenings of the last year, so that you can analyze them easily. For example, losing a job, winning the competition, buying new car, getting into the fight etc. It’s not that hard, is it?

Goal Setting: This is the most important part if you really want to start fresh. After analyzing previous year, it becomes quite easy to know what should not be done, what could have been done and what needs to be done now.

Setting goals start with looking at the ‘big picture’ – what is your ultimate goal in life or at least in coming 5 years. For example, you want to own a house in coming 5 years or you see yourself working as a manger in USA etc. This big picture will allow you to find out ways to get to it.

Then you will have to cut short the big picture, as in, you will set your near future attainable goals, for example losing 10 KG weight in 1 year or completing your semester with A grade etc. such short term goals will keep you motivated.

Set roads and track your progress: Now that you have analyzed and set goals, its time to find out ways to achieve those goals. For example, if you want to own a car in coming 5 years, you might start saving some amount on monthly basis – divide the cost of the car with months you have and you’ll have the answer, much easy, right?

And don’t forget to evaluate your performance and progress to see how well you are doing to achieve your targeted goals.

So, I would recommend everyone to try this New Year – new start thing and trust me, results will be very good. You will become more satisfied person because your life will get a meaning, a motive and when that goal is achieve, you will have a sense of achievement, this will get your life in balance and will help you out in gaining what you have always dreamed of.

Share your views about New Year planning.

Critique, debate and suggestions are always welcome.