Entrepreneurship is constantly on the rise, with over half a million Americans starting a company each month. However, as the industry grows, it’s also rapidly changing. Brick-and-mortar storefronts and offices are on the decline as internet commerce continues to rise, and in expensive locales, prices for renting out an office space can reach as high as $20,000 per month. Obviously for most small businesses, paying that much just for rent is completely unrealistic, so unique solutions have emerged to help remedy the issue.
As managers have realized the importance of continued learning, training and development programs have become an integral part of many companies’ work environments. Each time a business puts on a training session for their employees, they face a single, simple question: on-site or off-site? On-site training are trainings that take place within the company’s office facilities, while off-site training occurs at a separate location.
Is your team experiencing low levels of morale? If you’re finding that employees are disengaged or unmotivated, the answer is probably yes. Maybe your team has had a poor sales quarter, or you recently let a member of your staff go, but no matter the reason, it’s important to acknowledge when your employees aren’t performing at their best so that you can remedy the situation.
Businesses spend a collective $325 billion annually on meetings, and each year, more of that money is going toward corporate meeting spaces. Renting out a creative meeting space for offsite meetings is a great way to get employees inspired and help them to generate new and creative ideas. This has turned offsite meeting spaces into the corporate trend of the year, and managers are excited to get in on it and reap the benefits.
Team building gets a bad rap, but it’s crucial for the success of any business. When managers have teams that work productively and cooperatively together, they can sleep easier knowing that they don’t have to constantly micromanage them. Team building helps your employees find their place on the team, as well as establish a “groove,” or an efficient system of working.
2018 has been a whirlwind of a year for many, and the business industry is no exception. Corporations have been implementing major shifts in their plans, practices, and cultures to keep up with the rapid changes happening outside of the workplace. Innovations in marketing, technology, and even real estate have altered the corporate landscape, and there’s no sign of the improvements stopping.
More companies are leaning into the idea of establishing a company culture, or a set of values and behaviors that employees of a workplace build, share, and sustain. It can be difficult to do this during the workday, of course, as there’s important work to be done, so many managers have turned to corporate outings as a tool for increasing company culture. Baseball games, happy hours, and spa retreats are all great ways to get employees together and focused on something not related to work, but if your employees are spending forty or more hours a week in the workplace, they might not be very keen to spend their personal time surrounded by coworkers.
Remember the days of the office cubicle? A tiny, beige four-by-four foot box in which employees were expected to cram themselves and all of their work for eight hours a day. Thankfully, times are changing, and more employers are recognizing the value of a creative work environment. It’s not uncommon to see companies like Google going above and beyond to help stimulate their employees’ creative process.