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Steve Silvers feels that there are many types of business consultancy jobs available in the market and one should be serious to choose the one that suits them. A consultant should be serious and should have sound business acumen.

A consultant should have a business card and should have a website to guide them says Steve Silvers. A sound social media presence is a must to succeed

Steve Silvers on tips to succeed as a business consultant

One should be honest, and one should ensure that there won’t be any additional expenses on the client. Assume that a consultant has as small office to work and the consultant should not be shy of talking with clients there.

As a consultant, one should be prepared to get late payments, and that means one should have a sound financial plan and backup. There should be a sound plan for repaying of business loans, and one should ensure that the cost factor will not override the income factor

It is better to get a good consultant that can bring in a good name. If possible it is better to engage with the past employer, and that can give a sound reputation in the business market.

It is better not to promise anything big, but one should strive to ensure that delivery is top notch and there are good things that can be done on consulting. Make sure that one makes the best effort to keep up with a deadline and that will save the blushes.

Every consultant will look for that big project, and there is no harm in starting on small projects. For a consultant, every project is a showcase, and this will help in ensuring that clients get to understand the portfolio and the quality that consultant brings to the table.

The schedules and deliverables should be agreed by the consultant and the client not on oral basis but by written agreement.

Proposals should be clear, and there should be a clear communication with clients. If consultant feels that a client is bragging and they are not satisfied, then they can decently remove the client without hurting sentiments.

Types of business consultancy

Strategic consultants are present at the top order of management, and they come with a corporate and organizational strategy. The aim of these consultants is to give advice and step back without overlooking whether that is implemented or not. A high skill in analytics and quantitative skill is needed to succeed in this job.

Human resource is an important part of every organization, and the role of human resource consultant is to bring a different dimension to human resource problems. There will be issues of employee discontent that may be boiling, and the department may need help to ensure that everything is in order.

A financial consultant should be well versed in share and forex trading and should have the sound financial knowledge to guide the company forward. Steve Silvers feels that finance consultant should have through knowledge of tax laws of a country and should have sound knowledge of mergers and other areas of finance.

A background check is mandatory to be conducted for every employee joining an organization for the very reason to make sure that he/she is qualified, have the required experience, free from any legal issues, etc. It is essential to outsource this job to the professional service providers to make sure that the details are verified abiding the FCRA rules and regulations. At the same, it is also required to know the significance of conducting a pre-employment check to enjoy the advantages mentioned in this section.

Need for Pre-Employment Background Check

Focus on Quality Recruitment

The company that focuses on the quality of their hire will work towards hiring the best resource. This means that the candidate brought on board must be free from any discrepancies. This will help the company to play safe instead of terminating an employee found terrible after joining the organization. Conducting the background check even before the applicant joins can also help the applicant not lose the existing job. There could be various reason one not fitting the company and that does not mean the candidate is unfit to be employed at all. For instance quality of a candidate may be good only if they have obtained marks above 80 in all semesters in one company need not be the same in another group. If the details are collected before joining, then the candidate life won’t be at stake, and the business also will not suffer loss.

Increase Employee Morality 

When a candidate is brought the floor and verification happens in parallel, there are chances that the check feedback to be green or red. If it is red, then the candidate will be terminated as per the company rules. On the other hand, if it happens before joining, then there will not be fear in the mind of other joined to be sent out. Also, the employer need not invest money in training to know the candidate is a misfit. Rest of the employees will not get disturbed, and hence the employee morale will be high.

Increased Productivity 

When the company gives importance to hire a quality resource, then does a background check. If the process is carried out after joining of the resource both the employer and the employee will not give their best. This is because the employer will wait to do the knowledge transfer as there is no surety on the existence of the newcomer until the background check’s feedback is revealed. In parallel, the employee also will fear the verification result and may not focus on the job. Either way, the company pays money for not getting any output from the new hire. Unlike the verification completed before joining will allow both the stakeholders to focus on one goal and that is to increase the productivity.

In summary, these are the most important advantages of the pre-employment background check, and there are some more that can support the value of conducting the pre-employment check. It is good to allow people work in a safe and secure environment and expect results from them. Therefore, completing the entire hiring process including the background check can solve the purpose of hiring.

The manner and the speed with which small businesses are able to identify, develop and execute viable ideas into innovative products determines their success in the marketplace. To achieve this objective, entrepreneurs of such establishments need to tap into the creative talents of their workforce. These are the people who have intimate knowledge of their production-line and environment where these proprietors conduct their business activities. They need to find an effective way to channelize the creativity of their employees to come up with effective solutions to the problems they face in operating their organizations. This goes a long way in enhancing the bottom-line profits of such establishments in the long-run.

Idea management software – How can it benefit your organization?

Traditionally, most small business and even large corporate enterprises would rely on suggestion boxes to collect creative ideas from members of their workforce on how to improve overall efficiency. However, this system has two inherent shortcomings. First of all,the quality of the ideas these boxes attract are generally of very low quality. Secondly,an employee who takes the initiative to offer a suggestion, would never know its outcome. On the other hand, when entrepreneurs go out of their way to make effective use of suitable idea management software tools, they notice an increase in the quality and quantity of ideas their employees provide. Moreover, it is possible for them to focus the attention of their employees on finding viable solutions to core issues their organizations face.  Experts point out entrepreneurs can enjoy the following 3 important benefits when they utilizing of such tools:

1. Helps to channelize their employees’ creative talents in achieving organizational objectives

Research shows it is important when entrepreneurs use effective idea management software tools to harness the creative talents of their workforce to solve the core business issues. When these proprietors carry out such an activity, they notice an increase in the enthusiasm among their employees to take part in such an exercise. The end result is an increase in the quality of the ideas they provide on the solutions to such problems.

2. Encourages greater transparency with the organization

When the entrepreneur uses such software tools in an idea campaign, the employees can see the results of the suggestions they provide. It goes a long way in encouraging their participation in such an exercise. Moreover, the top managerial personnel are in a better positive to evaluate the effect of the ideas the members of the workforce provide on the bottom-line profits of the organization.This helps to encourage greater transparency within the establishment.

3. Makes the launch of innovative products or services faster

Business organizations that utilize effective idea management tools are in a better position to capitalize on the most creative ideas their employees provide. The makes the process of launching innovative products or services that exceed their customers’ expectations in the market much faster.

Idea management softwareenable entrepreneurs to collect, evaluate and execute creative suggestions their employees offer in a more effective manner. It results in the introduction of innovative products or services in the market to the delight of the public. This ultimately has a positive effect on their organization’s bottom-line.