“Effective leaders encourage employees to solve problems on their own coupled with cross-functional department collaboration. They also provide mentorship and/or coaching programs that enhance and educate employees on how to improve their leadership styles.”
Author Archives: Notable Office
E.O.W (End of the Week) Notable Tip: Managing Employees when mistakes are made
Happy Friday! I hope you’ve had a great week. Today, I want to end this week with the topic of employee management specifically when they make mistakes. In my career, I have seen “Screaming Managers”, those that yell like banshees at their employees when something goes wrong or a mistake is made. Its worse whenContinue reading “E.O.W (End of the Week) Notable Tip: Managing Employees when mistakes are made”
When to Automate a Process
Many Managers and leaders ask this question, “When do I know its time to automate a Process?” The simplest answer is that automation of a process is critical when the well-being of your employees is being impaired, too much time is spent on manual input and putting out fires; and less time is dedicated toContinue reading “When to Automate a Process”
Lean Wednesday Tip: Maxing out Asset Depreciation Deductions
“If you max out asset depreciation deductions and have written it off 100%, it is best to donate it to reduce income taxes.”
E.O.W (End of the Week) Notable Tip: Aligning product success metrics with customer priorities and strategic goals
Happy Friday! I hope you had a great week. This week’s Notable Tip is focused on the development of valuable and critical product KPI metrics. If you are not measuring and monitoring the most important metrics of your product’s performance progress then you are missing valuable insights that can help you optimize your product. BelowContinue reading “E.O.W (End of the Week) Notable Tip: Aligning product success metrics with customer priorities and strategic goals”
4 Step Process for Motivating Employees
Motivating employees effectively takes thorough understanding of what truly motivates them and yourself as the leader of the company. Effective leaders communicate performance expectations and goals clearly. It is more than just a reward for getting a big client or exceeding/meeting a goal. It is about clear expectations, communication, regular feedback and performance measures. TheContinue reading “4 Step Process for Motivating Employees”
Lean Wednesday Tip: Tax considerations for C Corporation Dividend Payouts
“Avoid double taxation of a C Corporation’s dividend payout by structuring payments to shareholders as consulting fees. Shareholders must actually offer advice for the payments to be considered valid tax deductible transactions.”
E.O.W (End of the Week) Notable Tip: Retaining Millennial Talent
Happy Friday! I hope you had a great week! Recently, I’ve been reading numerous articles and speaking with clients on the millennial job hopping issues many companies are having. “How can I keep a talented millennial employee from moving on?”, a particular client asked me. I responded immediately with this answer: “Ask them want theyContinue reading “E.O.W (End of the Week) Notable Tip: Retaining Millennial Talent”
Planning a Data Analysis
At Notable Bookkeeping we believe a successful data analysis is attributed to how well it was planned. It will weed out the factors that do not have a relative effect on the response variable and identify the best value points for the factors that do have a relative effect on the response variable. When conductingContinue reading “Planning a Data Analysis”
Lean Wednesday Tip: Performance Measures
“When you have insufficient information about a product, process or service, you are unable to control it. Ergo, when a process cannot be controlled, the organization is at the mercy of chance. KPIs must be aligned with the strategic goals of a company as well as with its customers priorities.”
Notable 