Controllers On Call

"My director of finance just handed in his / hers resignation and will stay on for two weeks only"….YAKS…

Rember that It is an employee market right now, how do I make my company more attractive to my current employees so that they stay for the long term? This is a question many decision makers and HR professionals always ask themselves.

In case you thought about it, just know it’s a common theme which has a very common solution. To put it briefly, it’s all in the employee relations and how you manage them.

Let’s dive more into the subject. What does it mean to create and sustain healthy employee relations?

➼ Show Respect

Show that you treat your employees with respect. It’s important for people to know they are valued beyond the job description and to feel that they are important for the company. Empower them and make them feel like they’re part of a bigger picture, listen to they have to say, when they suggest let know that “it’s a great idea which will lead to your team feeling more empowered and motivated.

➼ Be Transparent

According to Glassdoor, increased transparency creates trust between employers and employees, improves morale, lowers job-related stress, and contribute to employees happiness and overall performance. Even more, when people know what they get into, they are more likely to respond.

➼ Be Communicative

What makes employees consider to stay with your company is the way you act in a conversation. When you are responsive and communicative, they tend to approach more topics in more depth. The best-performing employees tend to seek companies that encourage efficient and constant communication.

➼ Build a Brand

Make sure your company stands for something, it has a set of values and a mission. In time, this will lead to likeminded employees. People associate with brands they believe in.

➼ Competitive Pay and Benefits

Even though the benefits a company offers are not everything when it comes to a job, they play an important role when people make an important move. Benefits and salary packages should at least meet the industry standards, though for extra results, you could also look more into the perks that might be attractive for your target.

As Lawrence Bossidy said “I am convinced that nothing we do is more important than hiring and developing people. At the end of the day, you bet on people, not on strategies”, employees are the one resource you should always focus on.

Besides taking into consideration these five pillars, you can start looking for aspects that might make your company stand out from the crowd.

Think about what you do so that your current employees will stay with your company for a long term.





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Consulting? Coaching?

Consulting and coaching is often misunderstood, many a times I see how CEO, COO and Presidents of start-up companies need to make a decision that they do not have the know-how, experience, skill, or understanding to make.

They know they need coaching, they know they need to make a decision, but they are unable to make a decision. They would call you to an initial meeting, they will tell you what they want, and they will ask for a proposal for your services, they will get a proposal as requested and then see that you actually want to be paid for your services "Surprise, surprise".

At that point, a reasonable expectation would be for a reply that either says, "Thank you for your kind proposal, but we are going with someone else", or maybe even a counter offer. However, they are scared/busy/forgot/don't know how to call or write you back. They do not have the basic etiquette and understanding that after you took your time to meet with them; that you had expenses like travel, parking and others; that they owe you a reply; they lack the simple understanding that this is part of running a business.

Etiquettes are a minimum and basic codes of behaviour that differentiate us as modern society from the Neanderthal society, they include certain mannerism and behaviours, such as answering a proposal even if it means a negative answer. If you as a businessperson do not keep your word, do not take the time to reply respectfully to clients/service providers/, I can guarantee you that your days are numbered as a successful business.

Coaching is in part exactly that, adding value to you as an executive and to your company through betterment of your behaviour patterns, knowing how to do what and when. Much of the daily stress on executives is due to lack of understanding on how to act or behave in certain situations. This lack of knowing creates a lot of pressure on people. Take a situation when you have to fire a person working for you, what do you say to a person that you are about to let go, knowing he has a family, responsibilities, mortgage, car payments? The stress on the person doing the firing is in many occasions bigger than the person fired.

Coaching and consulting of executives, helps the executives to better understand their role in the company, helps executives become better leaders, better decision makers. It helps executives have more stress free time to run the company better, and reach their goals and objectives easier. By the way, you will find you also become a better spouse, parent and friend outside the office.

Am I the only person in the world that thinks that if humanity was to spend $1.89 Trillion dollars in one year on Medical R&D we will resolve all sickness, disease, and medical issues such as Cancer, Cardio and even the FLU within a very short time?

➼ It's the weekend and we keep seeing these touching commercials that ask us to donate money to the different medical emergencies around the world, St. Jude Hospital, Sick Kids Hospital etc. So, in one of my crazy ideas, I decided I shall do a bit of research on Public AND Government spending on two things, Money spent on "MEDICAL RESEARCH" in 2020 and money spent on "ARMNAMENT" at the same time.

➼ Global spending on weapons reached record levels last year despite the PANDEMIC. Research carried out by the think-tank The International Institute for Strategic Studies (IISS) shows that the amount spent on defence globally went up to $1.83 trillion (£1.29 trillion) a rise of almost four per cent in real terms over 2019.

➼ The US continues to have the world’s largest defence budget, with $738 billion (£522.32 billion), the UK, with $61.58 billion (£43.58 billion) is the second highest, while Russia is now third on $60.64 billion (£42.92 billion). Asian states had a 17.8 per cent share of the international weapons spending in 2010. This has risen to 25 per cent by 2020. The main driver for this was China, whose 2020 budget of $12 billion (£8.49 billion), was greater than the combined defence budget increases in all other countries in the continent.
➼ And now for something completely different as John Cleese would say......
➼ Published by Conor Stewart, Sep 22, 2020. This statistic shows the amount spent worldwide on research and development in medical technology .....

How much money is spent on medical research worldwide?

➼ In 2017, some 28.6 billion U.S. dollars were spent on R&D in total med-tech worldwide - estimated for 2020 is 32 billion.

➼ Medical technology is used for diagnosis, monitoring, or treatment of diseases or medical conditions.

➼ And so I am hopeful that all of us think the same way - we will resolve all sickness, disease, and medical issues such as Cancer, Cardio and even the FLU within a very short time to come.

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Controllers On Call Controllers On Call established in 2000 is a leader Profit 100 niche staffing organization specializing in the placement of accounting, finance, and HR profe...

Is it time to switch from your to do list to timeboxing?
So what is timeboxing?

➼The purpose of timeboxing is to ensure that you use your time productively. To use this technique, you assign a specific deadline to each task. This is known as a timebox and the choice between a to-do list and timeboxing may be the most important decision I made about work productivity – and perhaps my sanity. The principle has its origins in software development and is used by several famous people, including Elon Musk and Bill Gates, to work more efficiently.

➼It is a very simple and popular time management technique that helped me take better control over my daily schedule. I get to set a fixed amount of time in my calendar for a particular task. It’s like scheduling a meeting in my calendar. I select the day, start, and finish hours, define my desired outcome, and reserve time my calendar. when it's finished, I analyze my progress and move on to the next one. It’s also a very helpful technique for practicing self-discipline and organizing a schedule in a way that my most important tasks come first, instead of working on the task until it’s done, I can proactively decide how much time I will dedicate on it and when (and even where).

➼Timeboxing isn’t a strategy to get all your work done faster—it’s just an effective way to break down, re-think tasks and get my day organized. It certainly replaced my things to do list. With planning came a more strategic approach, rather than just reacting to the urgency of the moment. Things are now scheduled, daily, weekly, monthly where before some to do’s would be at the bottom of my to-do list, losing out to more important things. What a stress reliever!

Timeboxing certainly offers many benefits. Are you ready to make this most important decision about your work productivity – and perhaps our sanity?

➼Follow me on Twitter: http://bit.ly/2mVYT4U
➼Read my Blog: https://bit.ly/3AQ463a
➼Visit my website https://bit.ly/3AmpgFG
➼Watch my video: bit.ly/3vCEZlb