Poaching Issues
Building the best sales team is one of the key objectives of every sales agency.
They are the division that is responsible for selling products or services, ensuring that the company can stay in business and enjoy sustainable growth in their revenue.
Many companies invest multiple hours into grooming and mentoring these sales professionals, equipping them with soft skills (e.g. relationship building, communication) and hard skills (e.g. knowledge of products and services, sales pitch). Not only do these professionals have to master the art of closing, they also have to build long-term relationships with their clients to ensure repeated sales.
As these professionals rise through the ranks, their excellent track records may attract the interest of other sales agencies. Headhunting is a common phenomenon.
How can you minimise or solve poaching issues? How can you protect the interest of your company if a talented sales professional chooses to work for another agency?
Speak to Wise Hour for a fruitful discussion on how you can minimise this poaching issue.
Money Lending Culture
“A friend in need is a friend indeed.” Does this apply to lending your friends money too?
While providing a helping hand (and money) may seem to be the right thing to do, it may ruin your relationship. Making a personal loan from the people around you is potentially tricky when timely repayments are not made, especially if it is at your workplace.
Here are several reasons that acceding to loan requests to your coworkers may not be ideal:
- You are there to earn a pay check, hence it is ironic to find yourself lending money that you may not be able to get back.
- Traditional lenders consider them to be too high risk to lend money to. If you lend them money, you are taking on this huge risk.
- Lending them once may lead to subsequent loan requests. Your coworkers may not be incentivised to develop good money management.
- Having to repeatedly chase for overdue payments will get awkward and hurt your professional relationship. You are not working as a debt collector after all.
Lending your coworkers money, regardless of the amount, will hurt the team synergy and trust levels at the workplace. This will adversely affect the overall company performance in the long run.
What should you do if these money-lending habits escalated to a workplace culture? How can you stop it from happening?
Contact Wise Hour on how to handle a situation of this nature.
Types of Employees
There is a Chinese proverb that goes “The same type of rice raises a hundred types of different people.”
You cannot expect every employee to be the same - Be it their personality, values, learning and working style. They may bring various sets of problems (and headaches) to you too.
Despite the difference, you can still maximise the team’s performance. How can you do so?
It is not about your resources, it is about your resourcefulness.
Learn to become a great leader who can inspire your staff to become the best version of themselves.
Wise Hour to your rescue. Speak to us to gain insights into how you can manage your staff effectively.
Types of Employees
There is a Chinese proverb that goes “The same type of rice raises a hundred types of different people.”
You cannot expect every employee to be the same - Be it their personality, values, learning and working style. They may bring various sets of problems (and headaches) to you too.
Despite the difference, you can still maximise the team’s performance. How can you do so?
It is not about your resources, it is about your resourcefulness.
Learn to become a great leader who can inspire your staff to become the best version of themselves.
Wise Hour to your rescue. Speak to us to gain insights into how you can manage your staff effectively.