Why Accountability and Time Management are Important to the Success of your Business.


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During times of peak trade, the workplace can be hectic. Often a hive of activity, it can be difficult to be in complete control of what is going on. However, despite this, it is of vital importance that you keep on top of everything (and everyone) in your business.

As a business owner and manager, your customers (and sometimes your employees) expect you to be able to perform miracles. From staffing hours to property rental rates, there are a huge number of tasks to manage. However, do not be scared, the problem can be solved by one simple solution: ruthless time management.

In order for you to get the most out of your working day, you need to make sure that it is structured according to the needs of the business. Each business is different and the requirements of each vary widely. For this reason, it is extremely important that you know exactly what each employee in your business is accountable for. This can be achieved in a number of ways:

1)      Create role definitions and have appraisals:Often, time is wasted in the workplace because members of staff are unsure of their responsibilities. For this reason, it is very important that role definitions are created, as these provide lines of accountability for task completion. As well as this, role definitions allow you to make scheduled appointments with staff to review their performance against what you expect from them.


2)      Make a daily rota: This may not always be applicable, and is entirely dependent on the type of business you are running. However, as a small business, it is essential that all of your workforce remain ‘on task’. Creating a daily rota for staff members provides them with clarity; visibly displaying the tasks that need to be completed during the working day.


3)      Structure the working day around the company needs: Flexibility is one of the key driving forces for the success of the company. Make sure all of your employees are working around the company day. For example, if you have 5 members of staff, make sure they are taking their breaks at separate times. If they are all going at the same time, who is doing the work?

All of these time management tips should provide your workforce structure to their working day. As part of this, they create lines of accountability and can be very useful for you to understand exactly who does what in your business- the results may be surprising!

From a management perspective, one of the main ways of keeping your business running is to know about the assets it holds. As a manager or owner, you must ensure that you know exactly what you own. This can be an enormous task and if you find it unmanageable during your day to day activities, get companies such as Assetware.co.uk to help you. This way, you can be certain of exactly what your company owns; as well as how much it is worth to your business.

As a manager, this is invaluable if any of your property is lost or stolen. Sometimes, it is the most basic things that make all the difference to the success of a business.




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