Wednesday, 26 August 2015

6 Ways To Become The Greatest Asset Of Your Business

Make yourself the best asset of your business man typing on laptop

A business is only as good as the people that comprise it. There are a lot of moving parts and approaches to consider when plotting an upward trajectory for a company. Let’s not forget about the most important asset any firm can have: it’s employees. This includes you!

If you want to help your business succeed, you need to invest in yourself. Work on improving yourself and you will inspire your team members to do the same. Your business will benefit as a result. Here are 6 ways to make yourself the greatest asset of your business.

1. Improve your health and energy levels

Work days can be long and stressful. Without the health and energy to make it through a day, you will never be able to do your best work and help your company thrive. Follow Anna Shelley’s advice and ask yourself every day, “What is one thing I can do today for my health?” Go for a walk. Eat your veggies. Drink more water. Get enough sleep. There are limitless options to choose from.

2. Establish successful habits and routines

Willpower is a finite resource. Habits are different. Habit, once attained, become automatic and no longer need willpower to keep up. What successful habits and routines would you like to add to your day? Kyle Hart provides a list of 16 everyday habits of productive people as a reference. Whatever habit you decide on, keep it up for 66 days. This is the average amount of time it takes to form a new habit. From maximizing your downtime to growing from mistakes, habits make a big difference in your professional and personal life.

3. Learn how to give and receive feedback

The world is changing and evolving. The only way a business can keep up, is to adopt a culture where people feel open to giving and receiving feedback. In a world where one person’s opinion can make or break your reputation, immediate response to internal and external feedback is necessary. Feedback is how people and businesses learn what is working and what isn’t. Feedback is how companies and people know what needs to change. Follow David William’s tips to give constructive feedback while avoiding ugly confrontations.

4. Be a self-starter

One of my first managers, Paul, told me something 15 years ago that I still remember to this day. When I asked his approval to spend time researching a project idea, he said “Ravi, it’s better to beg for forgiveness than to ask for permission!” His point was that in a busy workplace, instead of looking for approval, be a self-starter and do the work. Even something simple lying laying out an idea and passing it along to your management shows initiative. If you are convinced of the value of what you are doing, recommend a course of action to your bosses instead of just asking for permission to look into something further. People place value on employees and managers that take action.

5. Prioritize your work for efficiency and impact

In a busy world, prioritization is an all-important skill. The Pareto Principle states that 80% of results are produced by 20% of efforts. How can you apply this to your own work to help you focus on the most important tasks? Take out your to-do list (or write down all the things you need to get done at work). Prioritize this list based on which are most important to your business. Circle the top 20% of tasks and committ to spending the majority of your time and effort on them. You can apply this method to simple tasks or a set of big projects you are working on.

6. Work with a coach

Almost every world class performer – in sports, the arts or business – works with a coach. A study by the International Coach Federation shows that “coaching generates learning and clarity for forward action with a commitment to measurable outcomes. The vast majority of companies (86%) say they at least made their investment back.” Eric Schmidt, the former Chairman and CEO of Google, goes a step further, saying that having a coach was amongt the best advice he ever got. If you don’t already have a coach, find someone to help coach you to help turn yourself into the greatest asset of your business.

The post 6 Ways To Become The Greatest Asset Of Your Business appeared first on Lifehack.

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