Turn employees into cybersleuths — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
You can use the Internet to educate your team about what your competitors are doing. Examples: Ask an aide to check out your No. 1 competitor’s financial performance on Hoover’s Online (www.hoovers.com), which provides free detailed news on more than 12,000 public and private firms. For more sophisticated analysis, instruct an employee who has a financial background to review your competitor’s recent SEC filings on EDGAR (www.sec.gov/edgarhp.htm). Or assign workers to dig for competitive intelligence by having each of them use different search engines.
These days, every workplace is an open book to the world. Social media and websites like Glassdoor allow people to instantly know which organizations are great places to work—and which should be avoided at all costs. Great employees want to work in great workplaces. Look around your workplace. How would it rank?...Click here to find out more.