How to reduce your staffing costs by 40% and increase productivity
Once upon a time I had an office.
I used to visit it from time to time to check on the business and to see how everyone was going. It seemed at the time to be the right way to run a business.
Doesn’t every serious business have an office? Is it truly possible to run a business virtually?
The world is changing, and I believe that an “office” is a 20th century concept ready for disruption.
Lower office costs
That’s an obvious one, but did you realize how the costs of an office can add up? The lease, electricity, computer equipment etc, it all adds up to a very significant ongoing cost. Read More
While the worldwide economy is starting to recover from the recession, for workers it’s a different story. Job security issues, high competition for available jobs and the decreasing average income help fuel the trend of workers putting 50 or more hours at work every week .
And so workplace stress has escalated progressively over the past few years, numerous studies show.
This in turn leads to less productivity in the workplace.
What if businesses stick to the 40 hour work week, and in doing so reduce stress and maximize employee productivity?Read More
How far do you think telework and telecommuting would achieve in 5 years?
There are already 34 million workers who telecommute at least occasionally in the U.S. According to Forrester research, this figure is expected to swell to 63 million by 2016, fueled by worldwide broadband adoption, better collaboration tools, and growing management experience.
So you got a tech startup running, now you lack the technical skills?
If you try to learn how to program yourself it might take you a couple of years to get to a reasonable level, and yet it might not be a skill you are suited for in any case. Hiring an offshore team might be a viable alternative, but it’s a path that’s fraught with danger. You CAN make it work however, depending on the type of startup.