The Independent Voice of Southern Methodist University Since 1915

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The Daily Campus

The Independent Voice of Southern Methodist University Since 1915

The Daily Campus

The Independent Voice of Southern Methodist University Since 1915

The Daily Campus

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5 Tips to Make Sure Your Small Business Is Prepared for Anything

5+Tips+to+Make+Sure+Your+Small+Business+Is+Prepared+for+Anything

In these uncertain times, setting your team members up for success can be more difficult than ever. Even goal setting can seem unrealistic but as quarantine affects businesses across North America, it’s important to know there are things you can do to stay ahead of the curve. Having a high-quality strategic plan in place can help you and your team members be prepared for just about anything that comes your way.

1. Incorporate OKRs

OKRs, or objectives and key results, are metrics used to track company goals. They’re often assessed quarterly but you may find it better to apply a more frequent goal-setting framework. OKRs can help with strategic objectives, performance reviews, and even employee engagement. The growth of the OKR software market is a testament to how OKRs and OKR software are impacting businesses across the world. Investing in human resource management may be the best thing you do during this pandemic. OKR software can cover individual objectives and help you set the right goals companywide as well. There’s even OKR software that works for startups as well as enterprise OKR software to help with any size of business.

2. Have a backup in place

Every brick-and-mortar business can benefit from having a generator. You never know when a power outage can come along and knock you out of commission. From large enterprises to small teams, a generator can give you the peace of mind to know that you won’t be impacted by any significant downtime. You’ll want a high-quality product that meets your business’s unique needs. Many businesses turn to companies like Welland Power for diesel generators, alternators, diesel engines, fuel tanks, a control panel, and control modules. Welland Power generators are known for their quality and the company has years of experience following generator best practices.


3. Be ready to pivot

To say things are currently uncertain would be an understatement. As such, you need to be able to switch things up in real-time. Maybe this means adopting new software integrations. Maybe it means having spare parts on hand for a potential influx of shoppers. Or, it could mean teaching your product teams some new business processes and research methodology to find a new niche for your business. As long as you have several strategic plans and goal-setting objectives in place, you’ll be much less likely to find yourself backed into a corner.

4. Think global, act local

Now, more than ever, your community needs you. Even if you’re doing business in the Asia-Pacific region, you can still make an impact at home. Typically, when you support your community, they support you right back. This works for both startups and large enterprises. Whether you’re working with the global OKR software market or are trying to boost employee engagement in your London-based business, focus on those who are there to build you up the most. If you run your business as though you’re a global entity but act with local intentions, it will make a definite impact on your surrounding community.

5. Focus on the employees

Naturally, boosting employee engagement might seem like a daunting task. However, one of your strategic objectives should be to navigate this difficult time with all of your team members in mind. As such, performance reviews should probably be a bit more relaxed and you should rethink your approach to management. How can you support your team in such a way that they’ll support you? Ask yourself this question daily. It can make a huge difference.

Of course, there are plenty of other ways to make sure your business is up for anything. These are simply a few strong techniques that can give you more entrepreneurial security and help boost the morale of your team members. As long as you keep powering through and supporting those around you, you’re likely able to come out of this current crisis stronger than ever.

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