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4 Elements That Separate Great Decision Makers From Poor Ones

In today's competitive job market, you need to distinguish yourself from others. When you add the information overload from the Internet, effective decision-making becomes a huge asset to your list of competencies.

Whether you are a corporate executive, an entrepreneur, or an employee, the ability to make great decisions will make you stand out as a valuable resource. When many businesses have the option to outsource, it becomes important to realize that you are always competing for your job with people around the world. Outsourcing however, cannot replace leaders, innovators, and effective decision makers.

There are many ways to make better decisions, this article will focus on four.

The first is to become an accurate thinker.

The second is to surround yourself with accurate thinkers.

The third requires that you know your intention.

The fourth is to practice healthy diet and exercise.

While thinking accurately seems to be a no brainer, it is often overlooked as a necessity. In order to think accurately, you have to know yourself. Otherwise, you won't know how the world sees you. Moreover, knowing thyself is crucial to understanding others. Most people measure peers against themselves and their own experiences. Without knowing yourself, you can under- or overestimate your abilities and those of others.

What you bring to the table is a reflection of your environment. A large part of that consists of the people in it. Because most of you do not live alone in caves, your peers influence your decisions. If the people around you provide information that is solely opinion, you may be receiving bad advice. When you make decisions based on faulty information, it may be difficult to see the consequences of your actions.

Learn to question the validity of information people provide you. If there are no facts to support an opinion, throw it out until you have proof. Additionally, you'll have to question whether you have surrounded yourself with the right people. With accurate thinkers around you, your life and job can be less of a struggle.

The third step requires you to establish your intention. Sometimes you have to make decisions with insufficient information. Therefore, you need to identify the outcomes you want. If you make decision "X", will it help or hurt the outcome you are seeking? Determining the effect will settle your decision.

The fourth tactic to good decision-making may seem counterintuitive. Diet and exercise mean knowing the foods you put in your body and the intentional movements you make with your body. Foods that are difficult for the body to digest clog the blood stream. This then impacts your ability to think clearly.

Meanwhile, exercise increases the flow of blood in the body. In fact, your brain secretes chemicals that increase positive feelings when you exercise, allowing you to focus on one task. When you develop this kind of focus, it becomes easier to concentrate in other areas of your life. Without it, you're more easily distracted when trying to solve problems, clouding your view and impeding your ability to see the effects of your choices.

Every decision you make has a consequence. Establishing a sound decision-making process and lifestyle will separate you from the crowd and empower you to live a rich and fulfilling life.

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High Attrition Rate - Top 5 Reasons

Remember the factors of production that you studied at the secondary level Economics. There were four factors of production i.e. land, labor, Capital and organization. Employees of your company represent the only human factor of production i.e. "labor". Irrespective of the efficiency of the other three factors, without the Midas touch of your employees, you cannot succeed as an owner.

A company is not represented by its name, brand, product lines, market share, the Board of Directors, CEO or the awards it has bagged. Rather, employees of a company together portray the face of it. In this era of service driven economy, knowledge and infrastructure are the two primary sources of growth of an organization.

Employees represent the knowledge base of an organization; not the business acumen of its owner. This is why the high attrition rate has become the most sensitive issue for all companies.

Now, look at this-

In The US, for the month of May, 2013 the total hire rate stood at 3.3%, and total separation rate at 3.2% (Source: News Release from Bureau of Labor Statistics, U.S. Department of Labor (USDL-13-1571), release date: 6th August 6, 2013). This translates into a mind-boggling overall attrition rate of 96.97% for the month of May, 2013.

Undoubtedly, this is a serious concern for you as a business owner; isn't it?

Before you work out a strategy to cure this Achilles' heel, you must know the reasons of it.

Let us have a succinct look into the probable root causes of the high attrition rate.

  1. Lack of Appreciation: Money is not the only reward for work that an employee does. Apart from due promotion and pay hike, employees expect proper recognition for their contribution. Even a verbal appreciation may do the magic. If owners think that employees are being paid for what they are doing; acknowledgement is not at all required; they are living in a fool's paradise!
  2. Attitude of the higher officials: Autocratic attitude of the management can never help in retaining talents, in an organization. Superior designation in office does not give a Carte Blanche to a supervisor to treat his employees like slaves. Remember that employees are not slaves; they are selling their skills and knowledge.
  3. Incommensurate compensation: The pay of an employee must reflect the content of his work. Many employees leave their organizations only because they feel they are not adequately compensated. Hence, compensation package should be properly worked out with the help of an expert HR professional.
  4. Work culture/ working environment: Kristen Gerencher of "MarketWatch" says jobs that require frequent customer contact may lead to high attrition rate due to its stress. On the other hand, manpower shortage, regulatory pressure, untidiness of the work place, nature & character of colleagues, excessive politics, etc. may also lead to a high attrition rate.
  5. Dullness of job: Most of the jobs are repetitive in nature. There will not be any extraordinary learning after one has spent a considerable time in a process. However, no employee expects a new challenge every morning, either. Having said that, business owners must put some effort to make the job a bit more exciting. Brain storming sessions, intra-team competitions, ranking/rating of employees are some examples of adding some spices to the everyday process.

Check, if any of these syndromes are visible in your organization. Do not panic, if you find one. A disciplined and supportive approach towards employee handling is the ultimate key to talent retention.

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What Should You Do Once You Change Management Jobs?

Every year, many people change management jobs for a variety of reasons, including aiming to improve earning potential, get more responsibility or to broaden their knowledge on their particular industry. Getting started at a new company can be difficult, so this article will provide some tips on what to do first.

The very first thing you need to do at your new role is to get to know your team. Due to internal politics, some members of the team may not initially be receptive to you in charge. Getting to know your team is therefore very important as it can relieve tension and create a friendly, non threatening working atmosphere.

Once you change management jobs, think about how you could get to know your team. One way is to make it a light hearted affair, for example going out to lunch, dinner or even bowling! Make sure that what ever activity you choose is inclusive and open for all. Alcohol is best avoided initially, as it could sour a working relationship. Aim to keep the event professional, though don't be afraid to have a bit of fun!

The next thing to do would be to review everyone's roles and responsibilities. This is useful if you change management jobs and gain a new team, because you will want everyone to be put in a role they are good at. You need to be careful however, to avoid making this exercise seem as if you are making people reapply for their jobs. This can cause resentment and fear among your team. Do this task in a consultative manner, and make sure you leave time to get to know the strengths and weaknesses in the different members of your team before you drastically make changes to their role or remit.

Another very important thing every manager needs to do is have a meeting with the directors leading them. When you change management jobs, you need to be sure that your plans and ideas are in sync with your new leadership team. Get to know your directors and what exactly it is that they are looking for in a successful operation. With your measures of success defined, you can then focus all your efforts in getting your team to achieve them.

One thing that all good managers do is an audit of all expenditures that are being made in the department. You might find that your new team are spending much more than necessary, for example on software that is rarely used or where there is a cheaper alternative. It is a good idea to step in and bring your previous experience to the table in terms of what expenditures are essential and which are too high. If you are bringing in new, cheaper software or hardware than is currently used, make sure to factor in the cost of training your team to use this new equipment. This may be a one off cost, but if you are looking to change management jobs into a large organisation this could be a very high cost.

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What Makes a Successful Entrepreneur

Successful entrepreneurs tend to be innovative, intelligent and have a good eye for hiring the right people. There is a lot more to it though. You also need a lot of energy and stamina. People who own their own businesses work long hours and are extremely dedicated. It takes this kind of dedication to run a successful company.

5 Qualities of Successful Entrepreneurs

1. Passion-it has been said that you should do what you love and you will be successful. In many cases this is very true. Most business owners work long hours because they have to, but it's also a labor of love for them. It's important to do what you love so that it doesn't always feel like work. If you're not that excited about your service or product it probably won't do as well as if you had a real passion for it. Your enthusiasm makes others enthusiastic as well.

2. Leadership-not everyone has leadership skills. You tend to be born with this personality type. It's the ability to motivate and bring a team together to achieve the goal that is set. A leader is also able to gain the trust and respect of his or her team by example. If you have a strong work ethic and your team sees this it will motivate them to be the same way. If your team doesn't think you work very hard they won't work that hard either.

3. Competition-entrepreneurs like to be challenged. They like the challenge of building a company from the ground up and making it succeed. They also have a very competitive nature. Starting your own company is full of challenges. You need a competitive spirit to succeed on your own. You need to stay positive even in the most difficult times. If one thing doesn't work you need to be able to move on and try something else.

4. Forward Thinking-when you own your own company you have to stay ahead of the curve. You need to keep up with the trends and figure out how to adapt to the changes taking place in your industry. It's important not to get stuck in an old way of thinking. Things are changing rapidly today and everyone needs to keep up with the various trends.

5. Plan Ahead-you should always have a plan set in your mind and on paper. Make sure you know what your goals are and once you reach those goals you can quickly move on to the next set of goals.

Being a business owner can be very exciting and rewarding. You will make more money running your own company then you ever would working for someone else. You will also work long hard hours. If you're dedicated and you have good leadership skills this might be the right direction for you.

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The Pros And Cons Of Hiring A Payroll Specialist

If you are considering hiring a payroll specialist, it is very important that you take your time and think about all of your options before making your final decision. Weigh the benefits and risks before determining your course of action.

A payroll specialist can free you from making sure your employees are paid accurately and on time so that you can focus on your company's core competencies and continued growth. By outsourcing this task, it is much more convenient for you to provide benefits and track expenses. Outsourcing is also a beneficial move if you or others in your front office simply don't have the skills to handle this responsibility. The process of computing wages, overtime pay, commissions, bonuses and taking out taxes can be very complex and cumbersome.

Small business owners may be great at running their company, but may struggle with keeping track of tax changes, contract labor forms, direct deposit payments, and many of the other components of payroll management. A third-party provider, however, has a great deal of experience in these types of matters and are up to date on state and federal laws.

In many instances, hiring a professional can be a great deal cheaper than paying for a bookkeeper. This can be very important for a small business that is trying to conserve its resources as effectively as possible. However, if you find that it will not be substantially less expensive, keeping this function in-house may be the better decision.

One of the main advantages of hiring a payroll specialist is the time savings that will accompany that choice. Your employees can be freed to take on other tasks and be more productive so that your company's growth is accelerated.

It is extremely important, of course, to make sure you go with a trustworthy provider when you decide to outsource this responsibility. You will be giving out confidential data such as sensitive financial information, and you want to be sure it does not have a chance of getting into the wrong hands. You'll also want to make sure that your provider gives you access to your data that is on its server. Keeping this function internal would give you tighter control over confidential information.

There is really no right or wrong answer regarding whether you should hire a payroll specialist for your company. You need to make sure that you are as well informed as possible so you can rest assured you are making the right decision for your business. If you can, speak with other business owners to see what their experience has been like. This is obviously a critical decision, and you obviously want to be sure that you make the best one.

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Fitness Nutrition for Beginners

This is a massive topic. A topic that will take more than just one post. What you really need to grasp when you think about nutrition is that, nobody is the same. We all have different body types and our metabolisms all work differently. That being said, everyone can tweak their diet to get the results they need.

Conventional ways to dieting would be 5-6 meals a day, a couple protein shakes and maybe some vitamins here and there. That works for some people... It won't work for everyone though. I've tried many different diets in the past, from the conventional 6 meals a day, to carb cycling, paleo, and Intermittent fasting. To me what worked the best was carb cycling however that may not be the case for everyone. My body is very sensitive to carbs which I noticed from early on. In our Indian Community we have grown up on carbs, from rice to roti.

So this leaves us at the question, well what should I do? It's simple, but you have to figure it out. I'm going to focus on posting many different types of diets so people can choose something that works for them instead of fitting into a cookie cutter diet.

I'm going to start off with the basics of diet and nutrition.

Another very basic but important thing to remember is that it all comes down to math. If you eat more calories than your body can expend that you are going to gain weight, if you expend more calories than you eat, then you are going to lose weight. If you stay at maintenance, which means you burned just as many calories as you ate you will stay at maintenance then. Very simple but a concept many fail to remember.

So when it comes to foods and drinks what should you eat and what should you neglect? Well the simple ones are Soda and fast food. You should completely cut out all soda. It is not needed in order to make a strong healthy body.

Fast food is always packed with saturated and trans fats (which are not the good fats) and very calorie-dense. Fast food should be avoided, the occasional burger is not going to kill you, but this should not be something you are having a weekly basis nor should it be apart of your diet.

Soda is very harmful for your body in the large scheme of things, it is very calorie-dense, no nutritional value to you and it is dumping massive amounts of simple sugar into you. Soda cravings will be substantially reduced once you start sticking to water throughout your day. Make sure you get ample water and you are always hydrated.

Average cup of coffee has 95mg. of Caffeine.

Another area where people make mistakes is coffee. Coffee may look simple, but once you dig in, all the sugar and cream which is added to it can become a calorie-dense beverage as well. I stick to drinking black coffee at all times. I'm a coffee nut so I won't tell you not to drink coffee, but just be easy with it. You don't want to be tweaked out on caffeine all day and become dependent on it. Drinking your coffee black is a good first step on cutting those inefficient calories down.

Make sure you focus on your meals and the preparation. They should be traditionally cooked foods. Try consuming the least amount of junk food you can and try to eat healthy natural foods. These will be processed by your body much easier. A good rule of thumb is to eat foods that can be made by hand and not processed.

In the next section we will talk more about Macronutrients and how they work in regards to your body. Make sure you check out our recipe section to go over some delicious foods.

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All In One Pre Workout Supplements - Choosing The Best

There's no doubt that if you've spend some time in the gym, opened up a bodybuilding magazine, or visited your local health food store, you have no doubt seen several product advertisements for pre workout supplements. It's true that these supplements are the most popular bodybuilding supplements on the market, but with the constant flood of products on the market, which ones are considered to be the best? Im going to go over some of the top pre workout supplements on the market to date so you can make some smart buying decisions next time you're in the market for one.

First, before we get into that you need to understand a few basic rules in regards to these supplements because they do differ and address different needs of bodybuilders. The first point about these supplements is that they contain stimulants such as Caffeine and Taurine. If you are sensitive to caffeine than you may want to opt for a non-stimulant pre workout product to avoid any side-effects.

The next major difference between these supplements is the inclusion of creatine.

Some pre workout powders have 1 or more types of creatine in them, whereas others do not and simply supply energy and N.O precursors. So you would need to decide if you want creatine in your supplement in order to narrow down your search.

Now let's get to the supplements.

I'm going to mention 2 of the most popular pre workout supplements on the market that are considered all in one pre workout supplements because they contain creatine and stimulants as well as many other muscle building nutrients.

BSN N.O. Xplode 2.0

One of the most vastly advertised dietary supplements known as "BSN N.O. Xplode 2.0" and it is categorized as a nitric oxide supplement which is real popular now with bodybuilders. This supplement has a whole lot of ingredients in it including: various forms of creatine, caffeine, beta-alanine, and L-Arginine, just to name a few. L-Arginine is meant to force-feed your muscles vital nutrients by increasing blood flow in your veins, thus creating that muscle-pump that you often hear about. If you read any NO Xplode 2 reviews, you will notice that it is a very well-rounded supplement and is actually classified as a pre workout supplement due to its energy and muscle-building properties. There is a good amount of stimulants in it so make sure to start with a minimum dose to assess your tolerance.

BPI Sports: Pump-HD

Pump-HD is another very popular all in one pre workout supplement because it has 3 characteristics that weight lifters and athletes look for:

  •     Good stimulants
  •     Creatine Monohydrate
  •     Nitric Oxide precursors

There is about 300 mg of caffeine anhydrous per serving in Pump-HD which is about as much caffeine as 3 cups of coffee. This is a very good amount of stimulants if you like that caffeine rush, but if you aren't used to it, try a ½ serving so you don't get to jittery.

There is also 2000 mg of creatine monohydrate per serving which is actually not considered to be a full daily dose, but about half. The good thing about taking this amount of creatine is that it is not too much where you could get an upset stomach, which may occur if you are taking 4-5 g before you work out.

The last major benefit to taking this supplement is the nitric oxide precursors. A nitric oxide precursor is any substance that stimulates the production of nitric oxide or a "muscle pump". Since the word "pump" is right there in the name, you know that PUMP-HD is going to deliver on just that. I can say that when I took PUMP-HD, I really felt the pump and it made me workout harder and for a longer period of time. It was quite enjoyable and I was able to get the most out of my workout.

Whatever supplement you decide to go with, make sure you read up on some reviews and testimonials so you can make some good buying decisions. Most of these supplements will last you about 30 days so it's important to choose wisely.

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