Business and Money Tips

(This article appeared in the Straits Times page C30 on 21 Oct 2016, watch our 1-min Better Manager video at  here )  1. Suppliers First, Customers Second We know that customers are important, but if you don't have the right goods and services from your suppliers, you have no business. That's why suppliers are more important. There are 3 things that every supplier yearn for: fast payment and advance order information. Give your suppliers the respect they need, for they are actually not suppliers but human beings 2. Employees Can Do More Without Being Told Unknown to many bosses, employees can do much more without being told. They just need to be appreciated for whatever little extra things that they do.   3. How They Feel = Morale Employee morale is about how people feel towards the bosses. If your people have low morale, examine yourself. In our course How to Be a Great Boss, we said that if you have low morale employees, either you change or you change your peo

If you work with no passion, you are no different from a machine.  How to produce quality work?  Without quality work, how can you earn more?  Without earning more, how can you live your dreams and fulfil your life's aspirations and obligations? Unfortunately, most people do not work in a vocation that is their passion, and most have to work even if they have no interest in what they are doing.  But we know that passion at work can be built , and if you do the following 12 things, you'll become more passionate about your work: Look Beyond What You’re Doing What value are you creating for the society?   We are not just workers, our work do produce value for the society, and without our contribution, the society would be worse off Go into the depths of your work Learn Something New Everyday  Go the Extra Mile (GEM) – Do Beyond What’s Expected Without the Thought of Compensation  Adopt the FISH! Philosophy at work, which is a fun way of doing work Make Work a Reward,