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How do CEOs think?
I travel regularly to meet our customers. Normally, we work with the VP Engineering and the CTO of product Companies. I meet them regularly and most of the time our meetings are technical discussions or discussions about specific projects we may be working on. As the market was slow, most of our customers were not in a position to discuss specific projects. Most projects were on hold, and our customers were under pressure from their CEOs and Boards to reduce costs. This meant that they were pushing us for rate discounts.
Improving Morale After Redundancies
When the actual redundancy process is complete and the unfortunate employees are made redundant there remains the issue of low morale that inevitably continues for some time. Without close monitoring this can become a very serious issue to any business. Once the reduction in employees has taken place the staff that remain will probably be expected to achieve more and may have additional responsibilities placed on them. How do you get the best from your staff now that they feel uncertain about their future and how do you improve morale? There are five key areas that need to be considered and worked with carefully on an ongoing basis.

Surviving an Economic Downturn: Creative Alternatives to Layoffs
It seems that you can't escape the headlines these days about the gloomy economic news. In every media outlet, we read or hear about stock market losses, real estate slowdowns, job losses, bankruptcies and bailouts. These are clearly challenging economic times. One key question for your business is how do you handle the economic slowdown when it comes to your staffing levels? Should you institute a hiring freeze? Can you take advantage of layoffs at your competitors by snatching up strong performers that they've been forced to downsize? Or do you need to layoff employees yourself? In this article, we look at some of the options facing small- and medium-sized businesses when determining how to handle their human resources needs during an economic slowdown.

Other efficiency improvements Related Articles

Lesson #5: Make Efficiency Your Secret Weapon
When Charney filed for bankruptcy it was because American Apparel was suffering from a lack of one thing: efficiency. His staff were all in their 20s, a wildly creative bunch when it came to graphics and design, but few knew the ins and outs of running a business. And so Charney brought on Marty Bailey, an industry expert, who helped make efficiency American Apparel’s secret weapon against its competitors.

Reinventing Foreign Aid: "Help Us Help Ourselves"
Participants discussed how to improve aid allocation, increase its efficiency and reduce wastage. The goal is to deploy aid better to enhance the prospects for sustainable development, said Robert Klitgaard, Professor of International Development and Security and Dean, The RAND Graduate School, USA. Joaquim Alberto Chissano, President of Mozambique, agreed that the key issue is efficiency. He noted that often while donors and recipients might agree on principles and delivery terms, full implementation of aid programmes are often not smooth or timely. Problems arise sometimes for such simple reasons as the difference between when the fiscal year begins in developing countries and developed ones. The aid community must look at ways to solve problems and improve efficiency so that non performing countries become performing ones.
Time Management
How to recapture your usual efficiency and focus? Spend less time in the office. Not dramatically less, but an hour or two. Note that this isn't a long-term strategy to increase efficiency, but rather one designed to help you get over the hump of whatever has got you off your regular game.
All skylights aren’t created equal!
The move towards energy efficiency in the building industry has provided great improvements and options for skylights. Double glazed, argon filled and a combination of types of glass provides you with options for energy efficient skylights for every climate in the country. Skylights are now generally sealed well and the double glazing helps to minimise condensation and heat flow through the skylight. Ad more importantly...n
5 Easy Ways To Improve Your Work Efficiency
When it comes to having your own business, the unfortunate fact is that you are responsible for how well your business prospers. The future for your business is also determined by your overall work efficiency. If you have ever wondered why your business is not growing, even though you are working hard, then it is probably due to the efficiency of your business.
Tools for Personal Development
Personal development and growth are important paths to becoming more successful in every area of life. A business, a career and a personal life can all be made more successful and more fulfilling with some personal improvements. No matter what a person’s success level, there are always improvements that can result in a happier and more productive life.
Efficiency versus Effectiveness
Everyday we are confronted with the message, to be more efficient. We could have the best measurement systems in place to measure the efficiency of the operations, but be producing the wrong thing or focusing on the wrong area - as a result, the business could fail, though it was highly efficient. What is going to build the future of our business does not come through efficiency; it comes through effectiveness.
Quantum Leaps in Engine Design Boost Fuel Efficiency
All of the easy improvements have been wrung out of conventional engine designs so only marginal improvements are available, reports Mike Farrell with aspenIbiz. Read this short post as it reveals that with advanced technology, the radical designs underway for internal-combustion engines have the potential to enable quantum leaps in automotive power so combustion engines will be with us for decades to come and provide very profitable investment opportunities.
What is an Efficiency Expert? Part 2 ~ How Can They Help My Small Business?
What the heck is an Efficiency Expert? Learn how an Efficiency Expert can work with your small business to increase your business efficiency and free up more of your valuable time.
Arguments for Free Trade
In theory, international trade increases world efficiency by specialization in production and exchange according to comparative advantage, given certain assumptions. In other words, a country that engages in international trade enjoys the benefits in terms of both immediate improvements in standards of living and economic growth.
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