With all of the excitement surrounding commercial drone applications, it’s more important than ever to ask yourself – do you have the tools in place to maximize the potential of your drone fleet?
Without the proper tools to build and refine the perfect business processes, you risk wasting resources trying to figure out sub-optimal approaches to common problems.
Are you worried the upcoming recession will turn your business to dust? Then you might find this recession survival toolkit of some use.
With global growth predicted to slow down by 70%, millions of people are anxious about what’s to come.
But I’m here to offer a solution to your concerns: technology.
This article will explore the best tools to use during a recession.
“Yeah, right! I don’t wanna be spending more during a recession!”
Well, if your goal is to retain your employees, satisfy customers, and improve business outcomes, you will have to spend some money. At first.
Once you’ve acquired the tools needed to scale, you’ll be able to put your feet up and reap the benefits for years to come.
So are you ready to find out how tech can help during a recession?
Then follow me as I take you through all you need to know to succeed during the economic downturn.
This is a guest post by Adela Belin, a content marketer, and blogger at Writers Per Hour. She is passionate about sharing stories with the hope to make a difference in people’s lives and contribute to their personal and professional growth.
After hundreds of applications, weeding out the good from the bad, and a series of interviews, you’ve finally found the right candidate for the role – you extend the offer, initiate the paperwork and that’s it, your work here is done.
But is it?
If your company’s recruitment process is as simple as the above, then you’re missing out on an important step – onboarding.
Neglecting your employee onboarding processes is something you cannot afford to do, especially in a remote set up.
“Employee onboarding, also known as new-employee orientation or assimilation, is the process by which an organization assimilates its new employees.” – SHRM, Managing the Employee Onboarding and Assimilation Process
In this Process Street article, we take a deep dive into a specific type of onboarding process. We will explain how you can perfect your remote onboarding process, wherein a new hire undergoes a set of formal meetings, briefings, socialization, training, and a series of other coordinated activities to get familiar with the remote job role, responsibilities, and overall company culture.
Having an effective employee onboarding process builds loyalty and engagement, improves productivity, and delivers a positive work experience. With that said, you can see how taking the time to perfect your onboarding processes is vital to nurture talent within your remote team.
If you’d rather skip ahead, just click on the relevant subheaders below. Alternatively, scroll down to read all we have to say regarding remote onboarding processes.
Let’s get started!
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A 2018 survey by BPTrends found that 93% of the organizations studied used multiple process improvement tools.
This is because business processes are the life-blood of your organization. Process improvements, therefore, prime your organization to run like a well-oiled machine, bettering your chances of business success.
On that note, in this Process Street article, we take a look at our top 46 process improvement tools. Using these tools will improve customer satisfaction, save you money, strengthen customer retention, and boost project success rate (+ more).
Click on the relevant subheader to jump to your section of choice, alternatively scroll down to read all we have to say.
For clarity, I’ve split each tool as per the following subheaders – click to jump to the unique tool category.
This is a guest post from Margo Ovsiienko, you can find her website at margoleads.com. Margo is a tech enthusiast and a growth marketing strategist. She is passionate about topics related to SaaS growth, startup strategy, and IT development.
To outsource or not to outsource? The eternal tech question, and a persistent hot topic in tech communities. How do you manage your expectations against your budget and be sure you’re finding the right team for the job? This can be especially challenging for anyone lacking experience with hiring (which is not a task to take lightly).
Building an in-house team vs outsourcing those efforts can depend heavily on the kind of product you’re trying to build; how complex is the feature set? What does your roadmap look like for the next 12 months? These kinds of questions will help you to figure out whether or not your best bet would be in-house or outsourced.
For long-term, committed projects, building a trusty in-house team is almost certainly your best bet. But working with an outsourced, remote team has its place and also comes with many advantages, such as reduced set-up or training time (in the case of outsourced design and development teams) and ability to rapidly develop and tweak early stage concepts (often for a cheaper rate) when searching for the ideal product-market fit.
So, how can you build a SaaS product that gains traction fast before you run out of limited funds?
In this Process Street article, we’ll consider how to build a SaaS product that gains traction fast on a constrained budget, and kick-start your growth.
Let’s get started!
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Most businesses waste way too much time on mundane recurring tasks that detract from high-level work.
So what’s the solution? Use automation to eliminate as much recurring work as possible.
The result is improved productivity (as much as 20-25% according to McKinsey).
About 66% of businesses have automated at least one business process, and it is expected that about 69% of all managerial work will be completely automated by 2024.
In line with all of this, our engineering wizards have been unleashing a torrent of exciting new updates, and in this blog post, I’ll take you on a tour of the world of webhooks – one of our latest, and most awe-inspiring, features yet!
In the right hands, webhooks are nothing short of a game-changer, packed with endless possibilities. Let’s start with a basic overview.
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Finding the best checklist app isn’t easy. I’ve written about my pains with productivity before, and I’m not the only one who has trouble sorting themselves out — you probably don’t know which productivity solution is best for you, either.
Part of the problem is that there are so many different apps for slightly different purposes, it’s hard to know which to choose…
Which is why, for this post, I’ve gone in search of the best checklist app ever created, and found some pretty under-the-radar stuff as well as apps most people already know!
Read through these sections to get completely clued-up:
Let’s get started.
Cutthroat. Ruthless. Dog-eat-dog.
No, I’m not introducing this year’s hottest action movie – I’m talking about the world of business.
Nowadays, it’s quicker and easier than ever to get a business up and running. Hell, with the emergence of low code and no-code platforms, it’s not just quick and easy but downright simple.
But only 3 out of 4 companies featured in the S&P 500 list will still be relevant – and even exist – in 2027.
With this stark realization, how do startup hopefuls and the Fortune 500 alike know if they’ve got the resources and capabilities to not only stay in the game for the long-haul, but have an overall competitive advantage?
VRIO.
I last discussed VRIO in my post What is VRIO? The 4-Step Framework for Continuous Business Success, where I laid the foundation for understanding what VRIO is, where it came from, and how to navigate the framework.
However, in this post, I’ll be taking things one step further.
I’ll recap what VRIO is (handy for those who don’t already know!), discuss the specific benefits of VRIO analysis, and even provide you with a free VRIO analysis checklist – made by us here at Process Street!
Just read through the following sections to get started:
The clock’s ticking, so let’s jump in! ⏱
The definition of economic doom: Recession.
It’s every homeowner, parent, investor, business owner, and employee’s greatest fear. Especially when you look at the lasting effects previous recessions have had on the economy.
Recently, there’s been much speculation about whether or not another recession will be creeping into the economy soon, and how this one will pan out. And with speculation comes rising anxiety around the topic. Mass layouts. Sky-high inflation. Lower profit margins. It’s understandable why people might fear another recession.
But is a recession really as bad as it seems?
To answer this question, I’ve put together some of the recession myths and misconceptions still floating around today and debunked them for you. Take a look:
A value statement isn’t some kind of jargon speak for “what we think matters”. It’s a statement of what your company is, what it stands for, and what everyone can expect from it.
It’s the “soul” of your team.
“Culture is living values.
Values are written words, and your culture is how you actually live [them].” – Jeff Lawson, Articulating Company Values & Living Them Authentically: Jeff Lawson
Whether you need to unite your team around a core set of ideals, show potential recruits what to expect and how to act or resonate with your core audience, these values are an essential part of any coherent company. Without defining them everyone will be working on their own assumptions.
So, how do you create a value statement that’s effective, concise, direct and, most importantly, accurately reflects your company?
To answer that, let’s dive straight in.
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