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Organisational Development: How It Helps Your Business

Rumen Iliev defines organizational development as, ‘improving a company’s performance and individual development of its employees. Each organization should be viewed as a coherent system composed of separate parts. Organizational development as a process includes methodologies and achievements in strategic planning, organizational design, leadership development, coaching, diversity and balance between work and life.’

He goes on to say that as business enters a new era, emotional intelligence, ability to set goals and follow them and to self improve continuously is the way to make strong and complete individuals that can produce a stable and profitable business.

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Time Management for Perfectionists

Perfectionists are everywhere and you might in fact be one of them. Do you need everything to be just so? Do you get disgruntled if things are not the way you envisioned them to be? Do you go to great lengths, sacrificing your time and energy, to get it exactly right? If so, you might be a perfectionist, and in today’s fast-paced world when time means money, this can be both a good thing and a bad thing. It can be a double-edged sword, as they say. While perfectionism can yield great work results, especially when it comes to quality, it can also be a huge time suck.

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5 Ways to Reduce Turnaround Times in Your Accounting Firm

For professional services industries, the security of an hourly rate can turn into a trap. Efficiency is just as important for the professions as it is anywhere. If your accounting firm doesn’t have a reputation for turning work over at a good pace, your competitors will surely overtake you.

Turnaround times can almost always be improved by studying the firm’s time management. Setting out what makes up each aspect of the day, and assessing exactly what needs to happen and what can be disposed of, can slice hours off each project. The result is a happier set of clients and an improvement in reputation.

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Compliance… How Important Is It?

Compliance. We’ve been hearing a lot about compliance lately. How much attention do you pay to compliance in your business? How careful are you with record keeping? With paying your GST on time? With paying super for your team members religiously? With OH& S regulations? How important is it, anyway?

A Business Owner’s Guide to Taking Holidays

One aspect of good time management that many business owners forget is down-time. If you’re running a business, scheduling time for a holiday is essential to your health and the health of your business. Putting the holiday into your schedule is only the first step, however. There are other steps that need to be taken.

The very first thing to do is choose when your holiday will be. For a business owner, the most relaxing time is going to be during a slow period for the business, so plot these periods in your calendar. For maximum relaxation, alter your schedule so that your workload decreases gradually in the days leading up to the holiday.

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