Today's Issue
- Editor's Take: Redeeming One's Company
- Article: Harsh Realities in Managing Talents
- SME Power Quote
- Events: Finding the Right Market for the Right Product (Tuesday 25 March); Web Graphic Design and Production Using Adobe Photoshop (Tuesday 25 and Wednesday 26 March); Internal Quality Audit (Thursday 27 to Saturday 29 March); Effective Selling Skills (Thursday 27 March); Import Procedures and Documentation (Thursday 27 to Saturday 29 March); Coping with the New Labor Law and Tips for New Managers and Supervisors (Friday 28 March); and 7th Grand Opening Jobfair 2008 (Friday 28 March)
- Tax Calendar
Article
Harsh Realities in Managing Talents
Many business executives don’t realize it, but roughly 80% of a company’s value go home every night, and there is no guarantee that they will come back the next day. When CEOs seriously take this thought to heart, they begin to experience sleepless nights.
Current Situation. As we write today, the labor situation here and around the world is challenging, at best. There is labor shortage in some areas, and excess in others. As changes in technology, product cycles and markets accelerate, competencies of majority of the working population have not improved to cope with workplace demands.
To read more, click here!
HR Expert, Mr. Ernie O. Cecilia, is SME.com.ph’s resident online help when it comes to HR-related matters.
SME Power Quote
"That's the ultimate gratification in any business situation - do customers buy the product? And do they use it and do they come back and buy more of it? -" - Jim Barksdale
Tax Calendar
March 25 - Filing & Payment of 2550Q together with the Summary Alphalist of Witholding Agents of Income Payments Subjected to Withholding Tax (SAWT) - NL Taxpayers for FQ ending Feb. 29, 2008 and e-Filing & e-Payment of 2550Q together with the Summary Alphalist of Witholding Agents of Income Payments Subjected to Witholding Tax (SAWT) - L & SNL Taxpayers for FQ ending Feb. 29, 2008
For more schedule, click here!
Source: Bureau of Internal RevenueEditor's Take
After the brouhaha of the two leading networks' fight on the so-called TRUTH in ratings, one moral, a businessman can derive from it—is not about figures, but really the 'challenge' to serve its prospective and captive market [at the same time] with excellent service or products.
The two networks were all-out setting their respective points, but in the process both have failed to see who suffered the most—their audience, their viewers. They missed one point, listening to their market. They were all too busy hyping how good they were and how they were concern on painting good images for themselves.
The key to redeem one's business image [if it suffered a dismal downward slope], it is actually to simply focus on what it can give to its clients [its lifeblood] rather covering up just to protect the business's interest. Putting up gimmicks maybe helpful, but it is of no-guarantee.
Yes, businesses' nature is to profit—that is undeniably TRUE. But always remember it also has its SOCIAL RESPONSIBILITY.
It is not escapable. It is not excusable to miss that reality.
The ideal way to redeem a company's image is to provide a venue for its clients to give their feedback. One common fault for businesses is presuming too much that they know exactly what their clients want.
Sadly, they DO NOT.
Since most companies now have websites, why not maximize its potential rather than just simply paying for the domain name and hosting for nothing? Websites are the most powerful tools in supporting businesses these days since it's the newest and effective platform to gather pieces of information on what the company can offer.
Set up chat forums, surveys, discussion boards, and blogs so that customers and prospects can discuss issues pertaining the industry where the company belongs to.
Involve the team in any of the efforts because this will further establish rapport with site visitors and sooner or later—it will turn or translate such into sales and loyal community.
Three of these can define the company's image as well as redeem its revenue stream in the process.
What's your take on this? We want to hear from you! Click here and participate in the discussion.
