Categories
Process & Business Expansion

3 Effective Tips For Entrepreneurs To Overcome Burnout

Summary: Whether you are passionate about the thing you are doing or not, there comes a moment when we all experience burnout.

Finding something that you love doing and are passionate about and turning it into a full-time career is not an easy task. Even if you end up choosing one and choose to spend your entire life pursuing it, it does not mean you will never experience burnout. Once the excitement and newness of the job paves way for the monotony and pressure to get the job done and achieve your targets, burnout begins to appear.

Burnout in careers is a real issue, especially in this world where the competition is rough and our society keeps pushing people on the go with minimal rest. Due to the constant frenzy of completing tasks, many people are feeling the effects of long-term burnout.

Dr. Vivek Bindra, founder, and CEO of Bada Business Pvt Ltd is also a world-renowned business coach and guides more than 500 corporates in India to keep their employees motivated by achieving work-life balance.

Here are three powerful tips that might appear simple on the surface, but are super-effective if practiced daily:

1. Money is Not the Master Key for Every Door

People today often are a part of a rat race because they have lost their sense of individuality. Their goals are influenced by others and they want to achieve what their peers are trying to achieve, which is more often than not- MONEY! However, contrary to what our society wants to make us believe, money doesn’t resolve all the issues in our lives. No doubt that it makes life more comfortable, but there is more to life than what we buy and own.

In a bid to make a certain amount of money to give your family a comfortable life, you may be sacrificing your time with them. Now, there is nothing wrong with wanting to work hard, but being an entrepreneur one must know that something is going to slip through the cracks, and sacrifices have to be made. The good news is that there are ways to be able to do both.

2. Create Boundaries

The doors of opportunities are not easy to find in our fast-paced society. For entrepreneurs who are on a constant lookout for opportunities to scale their business or people who want to climb corporate ladders in less time, it may be hard to say “no.” Hence, boundaries are necessary to achieve balance. If there is stress in your life, then you have created stress and not the business. If you have stress in your relationship, it is because of a lack of boundaries.

Life is more enjoyable when you learn to say “no” to the things that don’t excite you or help you achieve your innermost goals. You can also work with a business motivational speaker to learn how to create boundaries and focus on the things that matter the most.

3. Give Equal Importance to your Relationships

Many people start their journeys to make money and create wealth so that their families can lead comfortable lives. In their pursuit, they sacrifice their precious time with their family. Hence, while it is good to work hard towards achieving your goals in life, one should not take their family and friends for granted. Relationships are not binding chains. They are like rocket fuel. And to lead a balanced lifestyle, leaning on one another can help us grow.

These three tips might look simple, but definitely will leave a positive impact on your mental and physical well-being. So follow these tips and Dr. Vivek Bindra, who is the best motivational speaker in India.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more about our course, visit: www.badabusiness.com

Categories
Motivational Strategy

3 Key Steps To Bring A Positive Lens To Workplace Mental Health

Summary: As employers are focusing more on mental well-being, they are still missing a crucial factor- positive conversation.

According to the World Health Organization (WHO), India accounts for nearly 15 percent of the global mental health burden. Deloitte’s Mental Health Survey states that the poor mental health of employees costs Indian employers around USD 14 billion annually because of lower productivity, absenteeism, and attrition.

The survey titled ‘Mental health and well-being in the workplace was conducted to analyze the current state of mental well-being amongst Indian employees by Deloitte Touche Tohmatsu India.

Around 47 percent of professionals surveyed consider workplace-related stress as the most significant factor affecting their mental health, followed by financial and COVID-19 challenges. The numbers are quite alarming. But despite the severity, there are a lot of stigmas associated with mental health and well-being.

While employers are turning their focus on mental health, they are still missing out on a crucial factor that can deeply impact the mental health of the employees which is- positive conversation. Though addressing stress, burnout, workload, and mental illness is critically important, highlighting new opportunities to move forward is the need of the hour.

Organizations should ask the question: how can we cultivate an inclusive work culture where employees actively participate and make genuine connections? How can work proactively help employees improve their well-being?

Various strategies can help both — employees and businesses. The key three strategies are:

1. Give Employees Opportunities that Promote Learning and Purpose

Every employee wants to make a difference in a fulfilling job. Also, when they have a sense of purpose and feel that their contributions are aligned with a larger purpose, they tend to perform better. Providing training and learning opportunities by the best business coach in India not only fuels employee performance and thereby company performance, but also boosts employee motivation and engagement.

When employees feel they have better opportunities to grow in an organization both- professionally and personally, they have a greater reason to stick to their current company.

2. Foster Connection and Collaboration

The pandemic has given rise to the culture of working from home. Despite having plenty of benefits, this new and profound culture also has a few drawbacks which include a lack of connectivity and collaboration. Emotional and social growth opportunities can empower employees as much as professional development opportunities. And these relationships can build better collaboration, communication, and trust within the company.

You can establish employee resource groups, mentorship programs, and other frameworks to encourage employees to feel more socially connected and comfortable bringing their authentic selves to the workplace.

3. Provide Tools to Support Overall Well Being

Rather than focusing just on employees who are facing mental challenges or experiencing stress and anxiety, you should take a holistic approach. Proactive mental health offerings such as meditation, sleep, and fitness programs, can equip all employees with the tools to take care of their overall well-being.

It can deliver benefits not only by helping employees avoid a mental health crisis, but also by empowering them to create, contribute, and collaborate sustainably. If you feel that your team lacks motivation, you can also hire the best motivational speaker in India to inspire them and boost their productivity levels.

By aiming to make work and the workplace a net positive for employee wellness, companies and management can offer people a more compelling and lucrative opportunity and a more effective working environment.  Keep the conversation positive, clear, unbiased, and transparent so that everyone can bring their “whole self” to work and provide the resources and programs to become their “best selves” while at work!

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

To know more about such programs, visit: www.badabusiness.com

Categories
Webinar

How To Motivate And Engage Employees During COVID-19?

According to a report published in Harvard Business School, when around 600 CEOs were asked what major concerns they have amidst this global pandemic, they replied unanimously- how to keep their employees motivated when their world is crumbling around them.

It is no secret that employees are having a hard time during the COVID-19 pandemic. According to a report published in the Hindu Businessline, “7 in 10 Indian working professionals (70 percent) reported having felt waves of stress during the working week regularly”.

The chaos that the pandemic has created is one part. The real struggle is to juggle multiple responsibilities. Juggling work, monitoring children, and worrying about friends and family`s health has isolated people from a stress-free environment.

Perhaps, this is the time when employees need support from leadership more than ever. Support that is beyond a motivational speech or a company-wide email because when life and business as we know it has turned upside down, some effective and powerful measures are required.

While everything is in bits and pieces, organizations and their leaders must step forward. They have a unique opportunity to deviate from just usual business and step in and look after their team by putting the available resources to good use.

Leaders and seniors must create an environment, in which employees feel seen, heard, supported, and motivated as partners in the company. Happy employees are more productive and positively impact profits.

Be it pandemic or not, employees are the soul of the company and there are multiple ways to support and keep the employees motivated. The best ones are given below:

  1. Recognition & Motivation

Appreciation can make a day, can even change a life. It might sound simple, yet it has the incredible power to motivate employees at work. According to research the primary reason behind employee dissatisfaction is the lack of appreciation or recognition.

When individuals are recognized for their hard work and contribution, it creates a sense of acknowledgment. If your people are doing a commendable job, it is important to recognize it and appreciate them.

Though this practice is essential for all levels of leadership to implement daily, it is crucial for leaders who take responsibility for all employees. Do not just celebrate KPIs, but also mini-milestones to give them a boost of positivity.

  1. Be Approachable & Available

Nobody understands, but being available and accessible to your employees can be a major factor to keep your employees motivated. Your employees must have the confidence to approach you when required. Many large organizations give birth to mistrust and resentment from the mere fact that the seniors are neither visible nor approachable. Opening lines of communication and accessibility can prove vital to the success of the company.

  1. Provide Constructive Feedback

“Good job, well done” is always appreciated. But providing constructive feedback is more important. Telling your team members how their efforts positively impact the department or the company goals can impart a great sense of achievement in them. Highlighting a specific piece of work done wonderfully, regularly, lets your team know that you are paying attention, especially in the work-from-home scenario.

Constructive feedback is as important as praise. The goal should be to keep your employees grow and evolve, and hence timely feedback is crucial.

  1. Create Space for Professional & Personal Development

Personal development of employees is necessary. People join an organization not only for the current role but also for future career opportunities. Around 33% of job seekers say that professional and personal development is the most important factor in accepting a new job. If an organization does not provide its employees better professional opportunities, the top talent walks out the door.

Now when most of the people are working remotely and L&D budgets slashed, managers must encourage employees to create a culture of continuous learning. Always ensure that employees have time and space for personal development.

  1. Set Clear Goals

Are your organizational goals changed in response to COVID-19? Were employee’s daily tasks and goals redefined in response to the pandemic?

We are living in uncertain times. This has caused anxiety and stress in everyone. As a great leader or a manager, it is your responsibility to reduce role ambiguity and stress. Hence, it is important to define clear goals and boundaries when your people are working remotely.

Successful companies are those who not focus on their business, but also their people who are working tirelessly to ensure continuous services. As a leader, one must create an environment where people often feel connected and are highly engaged.

The above-mentioned strategies will not only help you to keep your employees motivated but also result in their productivity and efficiency. You can learn more by taking our ‘Problem Solving Courses’ that are specially created to tackle the unexpected challenges of the business world.

To join our free Webinar on “Motivate And Engage Employees During COVID-19”,

Click herewww.facebook.com/badabusinesspvtltd.

Date & Time:  Sunday 30th May 2021 | 7 PM-8PM

Categories
Business motivation

3 Ideas to Keep Your Employees Engaged and Motivated

One of the valuable skills you can sharpen as a business manager or an entrepreneur is the ability to engage the people you employ. If you hire the right people and manage them well, you will have an excellent workforce that is characterised by brilliant performance and growth.

However, if employees are not happy with you, the company might have an unwelcome turnover. The business will also be in a constant state of chaos. Here are some ideas to keep your employees motivated.

Empower the Individual

Every employee deserves to be valued as an individual. No one wants to be a faceless pawn in the company. Thus, the employer should motivate every employee individually. This will encourage them to perform better and they will give their best in every assignment.

Develop a Positive Environment in the Workplace

Most of the employees spend the majority of their waking hours at the office. Hence, the workplace should be a place with a happy environment. Employees should be encouraged to share their knowledge with everyone, including managers. Employees also need to be encouraged to accept their mistakes without fear of humiliation.

Provide Supportive Leadership

Leadership is not only about giving tasks but also motivating employees. Supportive managers work closely with the employees. Good leaders serve as role models. Hence, they should also take accountability if the team does something wrong. While big wins are important, leaders should also celebrate mini-milestones of employees in their day-to-day lives.

 

Categories
MSME

Human Resource Management: 5 Tips for Small Businesses to Efficiently Manage Employees

A dedicated and hardworking team of employees is important for any business organisation to succeed. Human Resource (HR) is as important as financial resources for the well being of the business. Firms are advised to take good and proper care of their employees and keep them motivated to strive for the best results. A positive working environment also increases the productivity of the employees. Skilled, trained and industrious workforce can help the business move swiftly through difficult times with limited financial resources. It is therefore, highly crucial to hire and retain efficient employees. 4 Successful Tips to Run Discounts & Special Offers For Your Business Ahead of Christmas 2020 & New Year.

Businesses should also lend a patient listening ear to the employees. They should feel valued. Owners need to understand the grievances of the employees and provide quick and satisfying redressal to them. Here are some tips for small businesses to follow to manage human resources at work :

Offering Adequate Compensation

One of the biggest motivator to work is the financial incentives. Employees should be paid adequate compensation matching the level of efforts they put in the work. The remuneration should be at industry levels and on a similar range to that offered by competitors. Offering attractive benefits like health insurance, family insurance, gratuity benefits among others are  also helpful in  persuading talented people to join the business and stay.

10 Lakh महीने तक कमाओ | Low Investment | Business Idea | Dr Vivek Bindra | IBC

Ensuring Employee Safety

Most firms over look employee safety at workplace. But reports of workplace hazards and accidents are not uncommon. Such incidents reduce the morale of the employees and they even tend to quit the job. Employee safety is the utmost responsibility of the business owner. The businesses’ should continuously assess the risks, put controls in place and ensure that everyone follows the safety rules. National Startup Awards 2021: DPIIT Invites Entries to Reward Outstanding Startups; Know Eligibility, Prize and How to Register Online at startupindia.gov.in.

Resolving Conflicts

Another important way to encourage employees to perform better is by providing quick redressal of their complains and conflicts. Understanding and listening to employee’s issue gives them confidence in the firm and they feel valued. Owners should also encourage the employees to speak up. They should acknowledge that a difficult situation exists and let employees express their feelings. Quick actions on the complaints should be provided with monitoring and follow-ups.

Give Proper Feedback and Appraisal

Small businesses should make sure to give continuous and helpful feedback and appraisal to the employees. They should appreciate the good work done and provide constructive criticism if their performance is not up to the mark. Owners should also set performance goals and award employees who meet them.

Follow Clear Employment Policies

The business should formulate and follow clear employment policies. These should be applicable to all the employees alike without any discrimination. These should include proper and detailed hiring and retention process, compensation packages, career path of the employees and other related aspects. The employee should also be communicated about these policies clearly. Following a set of rules and regulations, increases confidence in the employees.

Businesses can not solely function on the financial resources. Human resources are an equally important component in the success journey of the business. The small businesses should therefore, make sure that their employees are treated well and work to the best of their capacity.