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Surviving with fewer resources

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in Leaders & Managers,Management Training

If you face the challenge of doing more with less, remember these pointers:

  • Involve your staff. Challenge employees to come up with ways to cut expenses, and reward them with a few hours off when they do. Also, make sure they know how to time their requests. They shouldn’t ask for a new computer when you’ve had a sluggish quarter.
  • Develop a sense of humor. Yes, it’s ridiculous to count the cost of paper clips. So laugh it off. Don’t waste your energy becoming angry or upset. You’ll make belt-tightening harder on your staff if you’re cynical and edgy.

Remember: Cutting costs is a constant challenge, but extremely tight times will come and go. You just have to ride them out.

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