BGN Entrepreneur

There are a few things that could help retain new employees:
First of all, excellent employee orientation for the new employees at their first day at work.
Secondly, sufficient guidance to the new employees to help them adopt to the new working environment within short time.
Thirdly, building up a good mentoring system, in which experienced staff with good educating skills help train the new staff, making them familiar with the job description, work rating system, and corporation culture.
Fourthly, giving enough care to the new staff and keeping communicating with them concerning their feelings and opinion about the new job at the starting phrase.
Last but not least, completing the evaluation of the new employees and make sure some response is given to them in time.

When you are starting a new business, you will need to avoid making the following mistakes:
1. Not putting sales as the top priority of business operation.
2. Having problem with selecting the right projects to focus on.
3. Having a bad business model, which could not suit the needs of development.
4. Blaming every problem that is encountered during the development process of the business to the lack of funds.
5. Casting too much pressure to the future business partners.
6. Lacking the sense of crisis during daily operation.
7. Failing to manage a strong team with proper management methods and HRM system.

In order to achieve great success in the field, enterprises need to pay attention to accumulating the following types of resource in their daily operation.

1. Accumulation of Talents
In the modern times, the competition between organizations in the same industry sector is actually the competition between talents. Talents are the most valuable asset for an enterprise as the level and quality of a human resource team of an organization actually determine the effectiveness and efficiency it could achieve in getting further development.

2. Accumulation of the Brand Credit
Credit of a brand is actually a key factor that is even more important than profits, as it determines whether a business could win the trust and loyalty of the customers. Good credit of a brand actually plays the role as the base of marketing appeal and social influence.

3. Accumulation of Skills and Experience
Business owners as well as an operation team within the organization need to accumulate knowledge and skills with the following aspects: decision-making, financing, and innovation, etc.

4. Accumulation of Brand Cultural and Corporate Culture
Brand culture is one key feature that distinguishes a brand from a competing brand on the market place. It needs to be accumulated on a long-term base to help increase the loyalty of the customers.
Corporate culture is one key aspect that helps maintain a strong team of talents to work closely together towards a common goal. It needs to be accumulated in order to keep strengthening the loyalty of the staff.

There are a few things at workplace that should be taken as lucky by the ones that just begin to step your career development.
1. Getting a job in a company, that is the leader in its own industry sector, and being able to get the chance to gradually build up your professional framework.
2. Meeting a good leader that is capable of training you well and allows you to try at the company’s cost.
3. Coming across a group of colleagues, who have dreams and willingness to put their thoughts into guiding their daily practice.
4. Establishing a solid social network with people outside the working environment.

The continent-wide supervisor European regulators are going to step up scrutiny of insurers’ capability to keep the promises made to policyholders after warning that persistently weak returns on investment put as many as one in ten at risk of serious difficulties.
Yesterday, the continent-wide supervisor called for national regulators to “intensify the monitoring as well as supervision” of insurers most exposed to what is called as the “real challenges” of low interest rates.

The stock of Apple dropped to a fresh 12-month low today simply because Google hit an all-time high. This news reflects the struggle of the Wall Street to come to terms with the rapid changes on the smartphone market.
The investor re-consider the prospects of the two tech companies has led to a striking readjustment in the valuation of the companies, with Google climbing from only a third of Apple’s worth half year ago to over two-thirds yesterday.

If you are not planning to be forced to retire at the age of 40, you will need to do the following things:
1. Get in-depth recharge every seven to ten years in order to improve your knowledge structure.
2. Though you could have a wide range of knowledge about a lot of things, it is important for your to have your own profession in a particular field.
3. Get directly involved in the company’s core business, or switch to another employer.
4. Plan for your own career path in advance and work hard towards achieving your goal.