BNMC Blog

Running a business can be really hard and filled with difficult decisions. Some of the most important surround the policies that make it possible to retain your employees; and ensure that they are effective at the job you are paying them to do. In today’s article, we talk a little bit about how problematic it can be when you are forced to deal with a workforce that has a high percentage of turnover or employees that are too distracted and burnt out to be effective.

Managing a business poses considerable challenges, with a myriad of tasks demanding attention daily just to sustain the status quo. If you want to have a workforce that is not just present but genuinely invested in the enterprise, you will need to actively do more than just go through the motions. The question then becomes: How can one cultivate such dedication? This month, we will take a look at that very question.

Most people may believe that only retailers need to have a plan to manage their inventory, but having full control over your business’ inventory is important regardless of the type of business you run. Let’s discuss five ways you can improve your organizational inventory management.

Your business likely needs to meet specific criteria to remain compliant with various regulations associated with your chosen industry, but it can be overwhelming to consider everything that must be addressed to maintain compliance—particularly with data storage, privacy, and other such regulations. Let’s go over IT’s role in how your business secures and maintains compliance.

Running a business can be stressful and scary, and for these reasons, it is perhaps one of the most amazing things that individuals can strive to do. Sure, there are countless ways that things could go wrong, but all it takes is for a couple of things to go right for you to see some level of success and reap the rewards of making your own way.

Running a business can be stressful, especially if you are a smaller organization or a startup just champing at the bit to grow and become as successful as you know you can be. Unfortunately, as you move through your day-to-day duties and responsibilities, you’re going to encounter situations where you aren’t going to know what to do, or you might feel so overwhelmed that you feel like there is just too much that you don’t know.

There are many challenges for businesses out there, but thanks to the GDPI 2021 survey issued by Dell, you can rest assured that you are not alone with your difficulties, whether they lie in technology management or cybersecurity. Let’s go over the survey results and figure out what they might mean for your business.

While many companies have been able to adapt to the remote policies forced upon them by the COVID-19 pandemic, there are many others who have struggled with this adoption. Thankfully, remote technology which enables these practices has never been easier to manage or more accessible. Let’s discuss some of the policies you can implement to make sure that remote technology helps more than it hinders your operations.

The many different types of departments within business, including sales, human resources, customer service, IT, accounting, and management, all have remained relatively compartmentalized throughout the years. While they might work together to fulfill various tasks, they operate (for the most part) independent of one another. How long will this remain the case, though? Let’s go about a thought experiment and look toward a future where departments are a thing of the past.

A common framework for developing products is the RICE prioritization framework, but we might argue that you can apply it not just to products, but also to services you might offer and even project implementation. What is the RICE framework, and how might you leverage it to your advantage?

There is a certain level of anxiety that comes from missing out on something, and if you have felt this “fear of missing out,” (or FOMO) you are not alone. People experience this in social situations, as well as those in the business and professional worlds as well. Unfortunately, this concept can have negative impacts on your actions if you let it.

If you haven’t already gone back to the office for your work duties, are you ready to do so? Research shows that employers and employees have very different answers to this question. Why is this the case?

Thanks to the circumstances surrounding the past few years, the hybrid workplace is something that has grown in popularity and value. The benefits and flexibility of working remotely has become much more pronounced for both employees and employers, and it seems like the hybrid workplace is not going anywhere. All that said, there are still hurdles to overcome, so let’s find out what they are and how to overcome them.

Not everything goes smoothly for a business. In fact, there are times where you feel like you’re driving a clown car filled with conflicting problems. Like any other part of business, when implementing new technology, there are several things that can go wrong. It can be frustrating, nerve-wracking, and a downright disappointment when it doesn’t live up to the promise. Let’s look at some of the reasons why your IT projects fall on their face, and what can be done proactively so you don’t run into the problem. 

One of the best ways you can improve operations is by building a knowledge base consisting of policies, procedures, and any other information that needs to be accessed by the people who work for your organization or utilize its services. It’s well-known that businesses that have well-documented policies and procedures have less difficulty bringing new talent on board, experience fewer operational problems, and provide great resources for employees, customers, and vendors. Let’s take a look at what goes into creating a successful working knowledge base.

With a business’ inventory playing such an important role in so many business operations, the capability to manage it properly can be seen as indispensable. Fortunately, there are plenty of tools to help make your inventory management much simpler than it once was. Let’s take a few moments to consider three such tools, and how they are being used now.

Due to the COVID-19 outbreak businesses have been trying to find ways to keep revenue streaming in without having to suspend operations. This week we thought we would take a look at some of the cybersecurity you will need to get through this difficult economic point. 

In order for a business to succeed, it needs to create the proper relationships with a variety of parties. From their clients and customers, to their vendors, to other businesses they work with, the average business has a lot of contacts they need to manage - which is why a Customer Relationship Management (CRM) application is so valuable.

Entrepreneurship and business ownership are lofty goals to strive for. Unfortunately, there are a few pitfalls that could easily send an enterprising new owner tumbling down to earth like Icarus. Here, we’ll go over six of these errors so, if you happen to be starting a business, you know what you need to avoid.

Business technology continues to grow in importance for the small and medium-sized business, especially as many prepare for 2019. Where enterprise-level companies have long been using technology to bring people together and drive overall productivity, many SMBs are new to these opportunities. The availability of cloud resources, coupled with shifts in security, mobility, and other core technologies, makes it important for every organization, no matter what size, to have a comprehensive technology strategy.