The Manager's Resource Handbook
Tools, Resources and Guides for Managers and Business Leaders. Real Advice from Real Bosses.
Examples and Tradeoffs of Different Performance Metrics in Business Metrics are a core component of any small business that is looking to grow and strengthen over time. If there is one thing that holds true for any performance measure, however, it is that metrics drive behavior – good or bad. Deciding what to measure is of utmost important because no
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A Tutorial to Ensure You Meet Your Customer’s Needs and Don’t Forget the Details You’re about to wrap up a big project. You are proud of the work you’ve done, and you believe you covered everything the customer asked. Afterall, you spent a lot of time on it and you’re pretty sure the customer will be happy with it. But
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Don’t Let Your Project Fail: Practical Solutions for Small Business Even with a strong business case and what may be a routine scope, there are several pitfalls that can ruin great projects at any time. These challenges can adversely impact projects led by both first-time program managers, who may not be prepared enough for what lies ahead, as well as
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8 Ways to Improve Customer Service In Small Business As consumers, we each have a story about the time we were treated like royalty just for buying a cup of coffee. And, unfortunately, we all have a memory or two about that time when we weren’t pampered at all, even when making a large purchase. So, what is good customer
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6 Reasons to Sign a Contract Even if You Won’t Make Money With all the talk about powerhouse brands like Amazon, UBER and Apple, we often hear about companies experiencing rapid growth and making record profits. But these firms are clearly exceptions to the norms that countless small businesses experience. Without a doubt, every business owner wants to be profitable and hopes
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10 Management Decisions That Drive Business Success Making financial decisions is not limited to just those managers who work in the Accounting department. For both small business and large corporations, whether we realize it or not, every manager and business leader makes decisions on a daily basis that affect their organization’s costs, finances and performance. We at MRH like to refer
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The 4P Marketing Model: A Case Study On a recent business trip to China, tired of taxis, elevators, conference rooms and hotels, I went out for a walk one night. My translator, whose chosen English name was Martin, elected to stay at the hotel to do some work. Always wanting to try something different, my walk coincided with my secret
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Isn’t the Customer Always Right? Actually, no, they aren’t! In the B2B space, we often find ourselves working with clients and customers to develop and sell our products and services. And yet, sometimes, things do not always go as planned. I recently paid a visit to one customer who has started to change the rules as they go. Despite the contractual commitments
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The Difference Between Internal and External Customers Several years ago, I was asked a very simple question: “Who is your customer?” Perhaps I was naïve, or maybe just ignorant, but I replied to the simple question with an equally simple answer: “The people who pay our company money for our products and services.” He clearly expected my response, because the
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15 REAL Tips for Working in China Having returned from a trip to China earlier this week, I wanted to take a few minutes to share some learnings about how to conduct meetings and work with your customer in the People’s Republic. Despite some concerns and disagreements before our arrival, my team was made up of several veterans when
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Making Organizational Changes in Support of Your Future Success A college professor of mine once told me “There is no book on that. Sometimes you just need to get in and figure your way out.” Knowing when to restructure a business is one of those things. Though there are books on organizational theory and team dynamics, there is no textbook out there telling us exactly
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How Can Technology Help (Or Hurt) Your Customers? As I waited for my flight to Amsterdam today, I grabbed a bite to eat at the nearby café. It was a late afternoon flight that would get me in around 7PM – just enough time to get dinner with an old friend, who was to pick me up at the
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How to Communicate Your Value Proposition to Customers Companies compete on a daily basis for a finite amount of sales and revenue in the market. Whether we are a small business, a conglomerate, a B2B or B2C firm, we all have competitors. As we chase the next sale, the next contract or the next service appointment, though, there are ways of
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Basic Lessons in Customer Service When it comes to working with customers, there are numerous ways to make a lasting impression that will bring them back to you time and time again. Sometimes a friendly tone of voice over the phone is all it takes to win a customer over. Perhaps your quick response time is all the customer needs
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How to Manage in Chaos It was late on a Friday when an employee came by my office to check in before he left for the weekend. The office was mostly empty by this point, and he was one of the last to leave. It had been a busy week and we had hardly crossed paths over the previous five days. This employee was one
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How to Conduct a SWOT Analysis: Take a Closer Look At Your Business Leading a successful company requires you periodically spend time identifying ways to improve and get better. A SWOT analysis is one evaluation method that aids in organizing characteristics of your business that you deem as successes or concerns. Specifically, a SWOT analysis is an evaluation technique that helps you capture the Strengths, Weaknesses, Opportunities and Threats
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