Worker Shortage Might Be Excellent News For The Economy

A worker shortage might be excellent news for the economy! Maybe, just maybe, firms will awake and see workers’ substantial contribution to their success. Some CEOs take unconscionable sums and destroy their firm’s value, unlike many frontline workers who create value. During the pandemic, CEOs took vast sums as they laid-off workers. Some firms sought bankruptcy protection, but hat didn’t stop their greedy CEOs from snatching hefty bonuses.

We have a worker shortage and firms are scrambling to hire whomever is willing. Some firms, like McDonalds have paid signing bonuses. Canada’s Loblaw and its competitors paid a bonus to frontline workers when the pandemic began. They stopped it after three months in unison with their competitors. When government confronted them about this collusion, they claimed it happened independently. Go figure! It’s like you caught your three-year-old with her hand in the cookie jar and she said, Mom, “Cookie Monster did it!”

Worker Shortage Inevitable With Shoddy Treatment

Loblaw’s behavior disturbs me. During the bonus period, profits soared. Per se, that’s no problem. I favor firms making profits. To be sure, I am against government taxing profits. But paying workers the bonus during the pandemic shouldn’t hinge on profits. It was just right. Meanwhile, my wife and I shopped at a Loblaw store and workers continued their excellent service despite Loblaw’s slight.

Leaders must realize frontline workers are the firm’s foundation and treat them well, not as cogs turning out CEOs bonuses! When employers treat workers like machines, they disengage. Gallup said, over several decades, they and other researchers found a strong link between employees’ workplace engagement and the company’s overall performance. Yet employers refuse to accept this. But there is good news: surveys show some firms break the mold and treat workers with respect: Cisco, Apple, Accenture, IBM, FedEx are a few.

Next Quarter’s Earnings Drives Businesses

Companies see next quarter as the prize, so they exploit workers and fudge next quarter’s numbers. I repeat: I am against government taxing business. However, I favor the Biden Build Back Better provision to tax share buybacks that the House passed, and it is before the Senate, even if it might have only a modest effect on share buybacks. Companies shouldn’t be spending billions buying back shares while exploiting workers.

Firms should present to shareholder meetings options to use buyback funds. Choices might include effects of paying bonuses to frontline workers with buyback funds. Shareholders should hear about potential strategic investments, too. Another option is stopping buy-backs for five years after layoffs. Executives, too, shouldn’t get bonuses within five years of layoffs. We must get rid of worker exploitation that enhances CEO bonuses.

Brand Strategy Implementation

A new way to maximize your company’s revenues – regard and treat all of your customer and prospect interfacing functions as media, and organize to ensure that they are maximized as media.Let us assume you have already got your business a great brand strategy. That’s terrific. After all, a great many businesses don’t have one. And you can’t really expect to grow your business organically without one.Consider your business for a moment. And your own job in it. You are there primarily to keep increasing the value of your business’ stock. This is done in just two ways: increasing your revenues in a sustainable way, and reducing your costs, likewise in a sustainable way.Of these, the more important is the increase of your revenues, if only because you don’t have a business at all without revenues, that is, money coming into your business. It’s benefit is increasing market share. Our business is about enabling our clients to keep increasing market share at the expense of their competitors on a sustainable basis. So our business is not just about providing them with a brand strategy, name and graphics, because they may not steal a single sliver of market share from their competitors, if this brand strategy is not implemented effectively over time.What use is even the best brand strategy if your business is not able to take advantage of it? You begin by understanding what a brand is, where it is located, and how it forms and grows.A brand is the cluster of perceptions that determines the relative importance of, and relative preference for, your product or service offering over those of your competitors among existing and prospective customers, and therefore most influences the likelihood of their purchase, and consequently, your revenues.As a cluster of perceptions associated with a specific product name or symbol/s, the brand is located exclusively in the emotional and conceptual space in the hearts and minds of both existing and prospective customers.Accordingly, the brand is formed by the conceptual and emotional residue accumulated from all the experiences that these existing and prospective customers associate with the offering’s signals, such as the product name or symbol/s.Brand strategy therefore is therefore the management of three things:a) The identification of the emotional and conceptual residual content that is most likely to maximize the importance and preference for your product or service offering/s over those of your competitors among existing and prospective customers.b) The development and design of your offering’s signals in the form of name, logotype, symbol/s, color/s, sounds, and texture/s.c) The development and design of all communications and experiences that existing and prospective customers might attribute to your product or service offering via its name or other signals. These might include, but not be limited to:Sales people’s DemeanorSales people’s AppearanceSales people’s LanguageSales people’s UsefulnessSales people’s Consistency (Follow-up)Sales literatureProduct NamesProduct LiteratureProduct Packaging AppearanceProduct Packaging FunctionalityProduct Packaging DisposabilityProduct AppearanceProduct ApplicationProduct Performance vis a vis competition in all key parametersProduct DisposalCustomer Care AccessCustomer Care DemeanorCustomer Care LanguageCustomer Care UsefulnessCustomer Care Consistency (Follow-up)Bills AppearanceBills Comprehension,Bills AccuracyCollections Timing DisruptivenessCollections DemeanorCollections LanguageCollections ConsistencyCommunications TaglineCommunications RationaleCommunications CharacterCommunications TonalityCommunications Core Message,Communications Selling Idea (visual dramatization)StationeryAdvertising (all media)Promotions (all media)FacilitiesVehiclesBrand Direct MarketingInternet Marketing and Communications.As you can see from this list, there are a great many different kinds of customer experiences that can influence your brand, and thus influence the quality of importance and preference of your product or service offering/s, and thus determine purchase, and of course, your revenues.It must be clear by now that your brand positioning service, your brand design service, your advertising agency, and your promotions and merchandising support services, even together, don’t have all the competences necessary to manage all these ways toward building your brand.So you have to think of all these functions also as media for building your brand, and organize to manage these functions in a way that maximizes each one’s potential for building your brand.Even a cursory glance at the above list will show you that some of these functions are covered by your existing marketing communications agencies and design services. A closer look will show you that most of these agencies and services help you primarily with your interactions with prospective customers.That’s when you realize that there are many of your businesses functions, especially those that interact exclusively with existing customers, that you currently don’t even consider as media that are influencing the quality of your brand.So you have to do two things in a hurry. Firstly, make sure that these functions that are both not covered by existing agencies and services, and not managed as media for building your brand – are no longer neglected in this way. This means identifying someone who can make sure that all these functions fulfill their media function as well as this can be done.Secondly, make sure that the residue of both the work done by your agencies and services, and those that are managed by your new internal media czar are both optimally contributing toward building your brand in the minds and hearts of your existing and prospective customers.

How an Effective Presentation Can Boost Your Business?

In recent years technology has made tremendous advancements. These advancements have reshaped the organisations by creating their business functions integrated and streamlined. Beyond the standard office computers and smart devices, organisations are now implementing new software’s and latest technology equipment’s to run their operations smoothly. One such technological advancement is Slide presentation software PowerPoint is one of the widely used Slide Presentation Software. It is a powerful tool to make your presentation more attractive and engaging. If you want visual effect, collaboration tools, easy access, then PowerPoint will be the perfect option.

Nowadays in every field, there is huge competition. Business and professional firms use the presentation as a tool to educate, train, motivate the internal and external audience. At any point in time, you may require to give a presentation. The presentation is an essential part of branding because the presentation is the primary source which companies use for communication with clients, general public etc. The presentation demonstrates the company profile, and it’s the only tool which makes sure that all your representatives are turning into sales. A well-designed presentation shows presenters professionalism and also builds organisations corporate image.

Presenters are mainly of two types. Firstly, the great ones, who with their commanding charisma, speaking skills and great presentation styles can grasp the audience attention and secondly the Mediocre one who only focuses on the content of the presentation. They come up with great with great content and speak amazingly but fails in their presentation skills. Many times, lacks in gaining audience attention.

You may have complex data for presentation, a great content will be a scrap if not delivered in an entertaining way. Templates contains layout, colour, fonts, effects. powerpoint template helps to convey the information in an attractive way, grabbing the audience attention throughout the topic.

Benefits of an Effective Presentation:

• Face to Face Interaction: A presentation enables to meet your customers and prospects. Face to face interactions strengthens the relation and bond with the customers. An effective presentation can improve sales. According to a recent survey conducted, face to face meetings is fifteen times better than other marketing activities.
• Engagement: Presentation is the easiest way to engage with the audience. Attractive slides, astonishing layouts can hold the audience attention easily. Bullet points and summary texts help the audience to focus on the main subjects.
• Flexibility: Flexibility is the vital feature of the presentation. It helps in saving the time of professionals. PowerPoint presentations allow the user to quickly change the content and change the designs based on the audience.

• Adds professionalism: Presentation can decide the success of any business meetings. The presenter should convey the information most attractively and entertainingly. Adding attractive templates can ensure maximum engagement of audience over the topic.

• Storage: After the presentation, the slides can be quickly distributed among the members for further reference. It can easily be saved on the computers which minimise the chance of loss or misplacement.

• Presentation Important for Business Growth: Having a superior product can never result in success. Advertisement of the product is also mandatory. The product demonstration should be attractive, clear to the audience. The presentation should be eye-catching and should create a lasting impression on the audience. Adding an attractive slide, Infographics icons can ease the work of the presenter.

• Adds Creativity: Nobody like a wall of text, the presentation should look interesting and conveying. The audience can easily remember visual information. Adding images to illustrate point will surely make your presentation engaging. PowerPoint allows the user to add creative clipart’s, attractive fonts to the presentation.


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