Shifting Your Workforce: Workplace Culture Reboot in the post-Covid-19 pandemic era

With the many changes that have occurred since the start of the Coronavirus pandemic and the subsequent crisis, employers are facing crucial decisions on how to shift their workforce into a new workplace culture reboot. This is the ideal time for looking at what we’ve learned over the past year. It’s an opportunity to focus on inclusion and diversity, and to create a positive workspace.

Creating a positive workspace with a cultural reboot

When talking about an organization, we often think of the company ‘culture’ as the ways in which things are done. The culture embodies the company’s values, vision, habits and norms that drive workers’ behaviour during their daily tasks. Lots of work habits have shifted since the first quarter of 2020. Some companies have now made a great workplace culture reboot. As we all move towards a new definition of what constitutes a workplace – office and home – it’s the perfect opportunity to look at what employees need to get their jobs done.

Workplace culture reboot element considerations

When you make the decision to reset your company culture, there are many things you can consider:

Organizational purpose and strategy – re-confirm your company’s vision and mission post-Covid-19. Is there anything that needs to change? Do the behaviours and values pre-pandemic still serve their purpose or do they need adjusting?

Behaviours and values – what do you want your working environment to look like? How will you measure and define it? Is there anything that needs to be changed in this new environment and time?

Core systems and processes – with remote working, how have your processes and operations changed? Are there any systems or structures that can be improved to help embrace the differences between employees? How could your financial, operational and HR procedures be adjusted to meet your employees’ needs better? Is there a need for greater flexibility in working hours or places?

Recognition and motivation – Have you learned anything about the motivation and needs of your employees since the start of the Covid-19 pandemic? How can employees’ needs be dealt with by managers and supervisors to open a relationship built on trust? 

Employee input and engagement – how can your employees provide input into your company operations? Are there adequate ways they can give feedback? Recently, The Grossman Group ran a survey that found almost half of people who are working from home want to continue doing so after the pandemic. Not all people enjoy remote working, though, and many seek a flexible working arrangement. Being flexible can help employees be more engaged and committed in their work.

Cultural resilience – when deciding on a reboot, think about how much resilience you can build into the team. A more resilient team will be able to adapt easily whenever changes arise. According to a report by Gallup, to be resilient when the going gets tough, businesses need to make sure their employees have everything they need to work as best they can. It’s also vital to show them how their work is part of the bigger picture.

Simple ways of creating a positive workplace

As well as looking at the wider organizational structures and processes, there are some really simple ways of creating a positive workplace for a cultural reboot. Here are some ideas:

Have a healthy snack bar – Many people have suffered from their eating habits during the Covid-19 pandemic and are keen to get back on track. Having a healthy snack bar will not only be appreciated by colleagues but will mean they are ready to tackle their work with adequate nutrition behind them.

Team huddles – having a short morning meeting that is no longer than 15 minutes is a great way of starting the day. It’s simple and repetitive and gets people motivated and on task ready to start their day.

Team building – when your teams have a great relationship, everything else will fall into place. Consider investing in team-building sessions to ensure there are positive working relationships with team members of all levels. When you get on with people and respect them, you’re more likely to work harder!

Staff empowerment – employees will work better with less micromanagement. Hand tasks and responsibilities over and see how they turn out! Another way to empower staff is to give them the opportunity to contribute. Creating an open forum for suggestions is a great way of ensuring employees feel heard. 

Use lunch & learns – these are perfect opportunities for voluntary, informal conversations and learning opportunities amongst employees. They bring people together in a casual, low-stakes way.

Company-wide games – don’t forget to have fun! Create a positive workplace by having regularly scheduled company-wide games or quizzes.

Whatever the reasons behind your cultural reboot, the post-Covid-19 pandemic return to work is the ideal opportunity to embrace new practices. If you have any questions about getting a workplace culture reboot, contact us today. We are here to help. 

Shifting your workforce: Preventing Workplace Distractions

It’s fair to say that everyone gets a little distracted at work from time to time. Even with intentions not to procrastinate, it can be a real challenge to stay on task. It can seem almost impossible to avoid distractions. According to statistics, workplace distractions account for a sizeable loss in productivity. Typically, a manager has an interruption every 8 minutes. Also, employees will spend around 28% of their working time dealing with unnecessary interruptions. So, how can we work towards preventing workplace distractions? Let’s take a look at some strategies to reclaim focus. We’ll also look into the different distractions that can be problematic for remote workers and those in the office environment.

How to be distraction-free from your workplace

Having good habits and sticking to them is one strategy for eliminating distractions. Start by focusing on your working environment. Encourage employees working from home to organize their home office so that there are few temptations to get stuck on something other than work. This task isn’t easy, however. Given that most people rely on computers for work, it is easy to be distracted by non-work-related sites. It might be wise to consider using an app that blocks certain websites during working hours. 

For employees in shared offices or shared home working spaces, closing doors or using noise-canceling headsets can be helpful. Another idea is to put your phone somewhere out of reach and put it on silent mode. For those employees in open offices, it might be a good idea to try and move to somewhere quieter. Some studies show that workers in open offices report more distractions than those working in more isolated areas. 

Averting workplace distractions for remote workers

Given the rise in remote working, many people who managed to work in an office environment without distractions have found themselves with distractions they have never encountered before. 

For employees who shifted to work from home during the pandemic, many were distracted by their children. Some workers had to be full-time or part-time childcare at the same time as holding down their job. Thankfully, childcare has resumed, so remote workers are more ‘alone’ when working remotely. This fix doesn’t, however, mean that distractions have vanished. 

Many people working from home have partners who look after young children, so the distractions or potential for distractions remain. Other distractions include realizing some jobs need doing around the house, like laundry or cooking, pets, partners popping in for a quick chat, unexpected visitors, and parcel deliveries. 

One solution to preventing workplace distractions is making it clear to others at home that disruptions aren’t welcome. A simple ‘do not disturb’ sign might do the trick when paired with a noise-canceling headset. 

Preventing distractions from your office work

After reading the above section about remote working, it might be easy to think that remote workers are more distracted than office workers. This idea isn’t the case, however. According to Airtasker, remote employees are more productive than office employees and are less distracted. So, what is distracting our office workers? 

More often than not, it is other employees that cause distractions for office workers. Co-workers who come over for quick chats, phone calls, Microsoft Teams messaging, Google Workspace, or even emails will all slow down employees. Other non-work-related distractions include switching over to check social media, time management, and even chatting in the breakroom. 

Some solutions that help to prevent these include:

Ensure employees are aware of workplace etiquette when it comes to talking to colleagues. Be sure they know your thoughts on how much chatting is allowed about non-work-related topics. 

Have communication policies in place with regards to emails and reply turnaround time. 

Consider using software to block certain websites that might cause distractions (like social media) 

Have a telephone policy in place so everyone knows your expectations when using personal phones at their desks. 

Teach your employees how to organize and mute notifications in Teams, M365, etc. 

Hold regular, but not too many, team meetings and discuss distractions and how to overcome them. It’s possible that there are communication issues that will never be resolved unless they’re brought to your attention.

Final thoughts on preventing workplace distractions 

While you cannot prevent distractions altogether, there are things you can do to help your employees stay on task. Don’t underestimate the importance of having an open working relationship built on mutual trust and respect. Many employees work their best when they’re trusted to complete their work without micromanagement. In a trusted environment, they might find themselves more focused on their work as a result. If you have any questions about shifting your current workplace, contact us today. We are here to help. 

Latest Back to Work Supplies That Will Make Working Easier

With the world slowly seeing things get back to work in the traditional sense (as opposed to remotely), workplaces are refreshing their back-to-work supplies and procedures. The Covid-19 pandemic has been catastrophic. It has also meant changes as to how we view work and the work environment. Never before have we had so many people working remotely with such success, and it’s argued that a hybrid workforce might remain in the future.  

We’ve all seen the news stories about remote workers quitting instead of returning to the office. This new trend needs attention. Companies owe it to employees who do a great job remotely to listen to their concerns about returning to the office. 

This task is not an easy task. In this week’s blog, we will bring awareness to this subject. And, for those returning to office spaces, what back-to-work supplies do we need to consider? 

Back to work supplies for the conference room

One shift we’ve seen has been an increase in the use of technology to allow employees to work remotely. The pandemic motivated people to work tirelessly on creating new platforms, improve existing platforms, and invest in new technologies. There are many new collaboration tools available that are useful. One such invention is conference room technology like a webcam that follows the speaker. A conference room webcam is very different from a standard home webcam. Typically, the whole conference room can participate as the camera can capture any speaker thanks to its cameras that pan through 360°. This device makes for an excellent collaborative conference room with people participating both in-person and remotely. 

Another great tool is an interactive whiteboard. This board works the same way as a regular whiteboard, but the writing is shareable collaboratively. They’re essentially large-scale touch screen computers used by teachers in school classrooms. They’re now finding their place in collaborative conference rooms too. 

Technology and working with others 

Many remote employees have forgotten just how distracting a work environment can be. With phone calls, office conversations, noisy printers, and photocopiers, the work environment is a noisy one. One great idea for back-to-work supplies is buying noise-canceling headsets for the workforce. These headsets will help people as they reacclimate to being in a noisier environment while working again. 

These will also help when people are having conference calls in open spaces while on Teams or Zoom. Just because people are coming back into the office doesn’t mean conference calls are a thing of the past. It’s likely for these to continue. They probably have a permanent place in our work-life going forward. Typically, at home, most people had little background noise. In the office, people have to navigate their calls with lots of background noise.  

Back to work supplies that mimic the home environment 

While there were some teething problems with remote working, there were many positive aspects of working from home. To continue these benefits and to ease workers back to their desks, it might be a good idea to source back to work supplies that mimic home environments. Soft furnishings, plants, refreshments, etc., will all help to achieve this. 

Other practices for shifting your workforce forwards 

One idea is to allow dogs in the workplace. This choice comes with lots of consideration and planning. But, it’s been great for many remote workers over the last 12 months. Having a pet close by definitely has benefits. 

There’s been an increase in loungewear sales over the past year. This surge is due to people working from home and embracing comfier attire. As you ease back into the office, perhaps consider relaxing the dress code somewhat. If productivity hasn’t been affected by home working attire, are suits and jackets needed for your workspace? 

Enjoy your Free Time 

Finally, we must not underestimate the importance of work-life balance. What many have enjoyed about working at home is the lack of commute. This time-saver has undoubtedly improved work-life balance. It might be beneficial to structure a workforce schedule that works well for everybody. Ideas such as hybrid working and flexible working hours are considerations. 

We hope these tips help you transition remote employees back into the office a little more smoothly. If you need to upgrade or install new technology for this process, give us a call. We’re here to make things easier for you! 

Natural Disasters and Data Recovery Plans

We don’t want to think about possible negative situations when it comes to our lives or our businesses. Planning for disasters means that we’re able to quickly recover from their consequences. In our previous blogs on data disaster recovery, we’ve covered how to plan for disasters and what types of disasters to consider when writing a data recovery plan. In this blog, we’ll take a look at the main points as a refresher. 

The key elements of data recovery plans 

A good disaster recovery plan will have assigned roles and responsibilities to different team members in advance. Planning ahead should ensure there is no time wasted when a disaster occurs. Having clearly defined roles means that team members can get on with their tasks quickly to mitigate the effects of a disaster.  

Another important point is the identification of which assets are critical to operating the business. In a disaster, you need to know which things to protect and sort out first to enable business operations to continue. If someone spends too much time dealing with a puddle on the floor instead of dealing with customer calls, for example, your business could be in turmoil.  

Backing up data is a must for every business. You’re on a dangerous path if you don’t have a plan in place for regular data backups. After all, you can’t recover your data after a disaster if you haven’t backed it up. Businesses must also consider whether they need to back up their IT infrastructure using a ‘cold site’ (a basic version of their infrastructure off-premises) or a ‘hot site’ (up-to-date data backups). As you can guess, the more data you back up, the better off you’ll be. 

Types of disasters to plan for 

It’s difficult to plan for any eventuality; however, there are certain things that all businesses should consider.  

Disasters can include technological disasters like: 

Data breaches 

Hacking  

Ransomware 

Or natural disasters like: 

Earthquakes 

Tsunamis 

Volcanoes 

Flooding 

Tornados 

Pandemics 

The impacts of any of these disasters are huge. Essentially, they can result in a business completely folding. Depending on the type of disaster, there could be all sorts of consequences. For example, the loss of supply chains, loss of assets and buildings, loss of life or personnel, and the loss of data. Since these consequences can be disastrous, it’s important for all businesses, regardless of size, to have contingency plans for disasters. 

Planning for disasters 

Businesses need to have contingency plans for dealing with disasters of every possible type. Different companies will, of course, have different needs.  However, some things are necessary for all businesses to include in their data recovery strategy plan. These include data, insurance, finances, resources, personnel, technology, compliance requirements, and the supply chain. 

Types of disaster data recovery 

There are a variety of options when it comes to data recovery. Perhaps the simplest method is backup. Your data is stored on or off-premises, or both for extra safety. However, relying solely on data backup gives minimal protection for businesses. If there is no backup of the IT infrastructure as well, there could be even bigger issues.  

An effective data recovery plan needs strategies and procedures for backups. You should know who will perform the backups and how often they will be done. Those responsible for data backups must also work out the business’s recovery time. Calculate the amount of time the organization can be ‘down’ after a disaster and work from there. 

The data recovery strategy should be tested and updated continually to protect the business from new threats. In this way, the business will be able to navigate challenges successfully. Planning a response to a cyberattack ahead of time will make sure your team will know what to do. 

Final thoughts 

Whatever your business and size, the ultimate aim is to ensure you’re well protected and have plans in place for any type of disaster. If you’re struggling to finalize your plans or even start writing one, get in touch with us for a free consultation. 

Do You Have A Data Recovery Plan?

You might be aware that disasters of varying types can have devastating consequences on businesses. The key to mitigating such occurrences is to have a data recovery strategy plan in place. This means that you have a structured and documented approach detailing how your organization can resume work quickly after an unforeseen disaster. This is an essential tool for your company’s continuity plan and applies to all parts of the organization that is dependent on your IT infrastructure. This data recovery plan will help you resolve any data loss and will allow the recovery of your system’s functionality. This means that you can continue operating your business with minimal disruption. 

Types of Disasters to consider 

Potential disasters are plentiful. We’re not just talking about hacking and data breaches, but natural disasters too. Being able to handle disasters efficiently means there will be minimal impact financially. Having a data recovery strategy plan will allow you to ensure that all requirements for compliance are met. The plan will also provide a clear recovery roadmap. Here are some of the potential disasters that might affect your businesses: 

Building disaster (Fire, power outage, etc.) 

Communication failure (Due to data breach, hacking or natural disaster) 

Application failure (Outdated hardware, viruses, etc.) 

Datacenter disaster (Hacking, data breach, natural disaster) 

City disaster (Earthquake, tornado, flood, etc.) 

Regional disaster (Power grid outage, wildfires, etc.) 

National disaster (Epidemic) 

Multinational disaster (Pandemic, computer viruses, ransomware) 

You can see that this list covers lots of different types of disasters. It’s worth noting, however, that it’s not exhaustive. When making data recovery strategy plans, businesses need to consider their potential individual circumstances. If you’re based in the Midwest, for example, it’s very unlikely that your business will be affected by a volcanic eruption. But there are other natural disasters like floods or tornados that are more likely to happen. With that said, the 2010 Iceland volcanic eruption had repercussions worldwide, so you never know! 

Considerations for your Data Recovery Plan 

A data recovery strategy plan should begin at the business level. You need to determine what infrastructure is most important to your organization. The plan should implement an RTO (a recovery time objective), which describes how much time each application could be down for as a target.  

A data recovery strategy defines your business’s plan for incident response. To determine your optimal data recovery strategy, you must consider the following issues: 

Resources (both facilities and personnel) 

Finances 

Insurance  

Data 

Technology 

Risks 

Compliance requirements 

The supply chain 

How to write a Data Recovery Strategy Plan 

A business can start its plan by prioritizing a list of contacts and vital software programs so that the most important information is easily and quickly accessible.  

The data recovery plan should define each team member’s role and responsibilities in the recovery process. This is so there is no panic or time wasted should an unexpected disaster occur.  

There are many important points to write into a data recovery plan. These include: 

A policy statement or statement of intent. 

Specific tasks assigned to staff. 

Goals of the plan. 

Passwords and other authentication tools essential to data recovery. 

Geographical factors and risks appropriate to the local, regional or national area. 

Advice on dealing with the media. 

Legal and financial information with points of action. 

A history of the plan – and any amendments that have been made to it. 

As you can see, being prepared for these events is not difficult, but it will take some time. It is, however, very important that you take the time to complete it. You should also run through the plan in a mock rehearsal. That way you’ll find out if you’ve missed any steps or if they are gaps in your plan. 

The bottom line is, you want to be as prepared as possible for any disaster that causes data loss. After all, keeping your doors open when other’s can’t sure makes you the popular choice over your competitors. 

If you need advice or want help to build your data recovery strategy plan, don’t hesitate to contact us. You can book a consultation at any time. 

5 Steps to Protect Your Business Against Cybercrime

Cybercrime is a growing threat

It’s not buzz, and it’s not sensationalism. The growing awareness of cybercrime is long overdue and is frankly just beginning. We want to give you an e-book 5 steps to protect your business against cybercrime.

First, let’s frame the issue. Here’s a glimpse of the damage cybercrime does:

No matter the scale, cybersecurity is no longer something owners and executives can simply keep in their peripheral. It is a priority for today.

Your Business Needs Cybersecurity

As a small or medium-sized business owner, it’s time to be prepared. 43% of cyber attacks are targeted against small businesses. Read our free e-book on 5 steps you can take to protect your business against the growing threat of Cybercrime.

Click Here to Receive Your E-Book on 5 Steps to Protect Your Business Against Cybercrime.

How Natural Disasters, Breaches, and Hackers Affect Businesses Big and Small

The success of a business is often attributed to the strong decisions of its management. Yet, that is not the entire story. Often, both failure and success can be determined by how a business deals with situations out of its control. A business may fail because it wasn’t prepared for an unexpected event. Conversely, another business might be able to survive a natural disaster simply because it had a plan in place for such an event. 

All businesses, whether large or small, have lots of potential threats. If one of these threats happens, it can have devastating consequences. According to ZDNet, the top three threats to society include cyberattacks, natural disasters, and extreme weather. Interestingly, they put cyberattacks on the same level of devastation as extreme weather and natural disasters. It is unfortunately true. The consequences of natural disasters, breaches, and hackers lead to threats to businesses and data loss. Since many businesses rely on connected services and the internet, the damage from cyberattacks can be huge. It’s one of the biggest risks the world faces today.  

Types of natural disasters 

There are many types of natural disasters. All of them can affect businesses and data loss. Here are some examples of natural disasters: 

• Earthquake 

• Fire 

• Tsunami 

• Flooding or extreme precipitation 

• Hurricane, tornado, cyclone 

• Volcanoes 

• Lightning 

• Famine and drought 

• Landslide 

• Extreme temperature (heat or cold) 

• And, as we’ve seen, pandemics 

Impact of natural disasters 

Before we delve into exploring businesses and data loss from natural disasters, we can’t ignore the devastating results of these natural phenomena outside in general. According to Our World in Data, there are around 60,000 deaths from natural disasters worldwide. The deadliest of natural disasters is usually an earthquake. Typically, natural disasters affect poorer populations more heavily. This is often due to a lack of protective dwelling construction or adequate response to the event.  

How does disaster impact businesses?  

No one is ever 100% prepared for a disaster. Whether the disaster is an earthquake, tornado, or flood, an organization’s plans can be thrown into disarray. There might be a breakdown in supply chains. Maybe employees are unable to reach the premises. Or there may be damage to the facilities, equipment, or the power or internet may be down. In any disaster, including the technological kind, a business will need to find ways to deal with the situation at hand. This is why it is important for all businesses, regardless of size, to have contingency plans for disasters. It should be a priority. 

How can businesses plan for natural disasters? 

Businesses should ensure they look at their entire operation and consider how a natural disaster might disrupt every branch. It’s not just about planning emergency evacuation routes or having emergency supplies. Businesses also need to consider things like how to contact employees if connections are down.  

Depending on the business type, an organization might also need to think about how to sort out their supply chain if they are unable to access the major transit routes due to natural disasters. Having an alternative plan if facilities can’t be used is a must for survival. 

Natural disasters, data breaches, and hackers for businesses, and data loss 

While we’re talking about disasters that affect businesses, we must also consider technological disasters like hackers and data breaches. These can have just as much of an impact on businesses and data loss. In some parts of the world, these events are more likely than a natural disaster. According to Forbes, hackers and cybercrime are more devastating to business operations than a Transit Strike, a Fire, and even Floods for small and medium-sized businesses.  

Final thoughts 

While we can’t prevent any of these disasters from causing problems for businesses and data loss, there are steps that we can take to reduce their impact. The main takeaway is to plan for all possible scenarios. For the impact of events to be reduced, there must be a detailed process in place.  

One solution is an on-site BDR (Backup, Disaster, Recovery) unit. A BDR automatically backs up all your data every 15 minutes. It is connected to an auxiliary power unit so it can back up everything when the power goes out. 

There are also Cloud solutions that backup your data safely, in multiple locations. This ensures that your data is always available, no matter what happens. 

If you have any questions about Backup solutions or would like to change the ways you are currently saving your data, contact us any time. As your Managed Service Provider, the safety of your data is our concern too. 

Why is Disaster Data Recovery Important For Business?

What does disaster data recovery mean? This term describes the method businesses use to regain access to stored information after a disruptive event. Any event, like a cyberattack, ransomware, a natural disaster, or even something new like the Covid-19 pandemic. When data is lost, businesses can employ a variety of methods for their disaster data recovery plan. 

How does disaster data recovery work? 

Disaster data recovery relies on the data being replicated in an off-site location that has not been affected by the outage. When a server goes down due to a cyberattack, equipment failure, or a natural disaster, businesses can recover their lost data from a backup location. When the data is backed up on the Cloud, businesses can access their data remotely so they can continue to operate. 

What are some key elements of effective disaster data recovery plans? 

We need a plan! A data recovery team will assign specialists to create, implement and manage the data recovery plan. Should a disaster occur, the data recovery team will facilitate communication with employees, customers, and vendors. 

Risk evaluations. An effective data recovery plan needs to assess all potential hazards. Depending on the type of disaster, the risk assessment will dictate what needs to happen for the business to resume operations. For example, if there were a cyberattack, what measures will the data recovery team use in response? A natural disaster will require a different response. 

Identification of critical assets. For a disaster data recovery plan to be effective, it needs to include a list of all assets. Vital resources, systems, and applications that are critical to the business are at the top of the list. Next, it’s important to have the steps that need to be implemented to recover the data. 

Backing up your data. An effective data recovery plan needs strategies and procedures for backups. You should know who will perform the backups and how often they will be done. Those responsible for data backups must also work out the business’s recovery time. Calculate the amount of time the organization can be ‘down’ after a disaster and work from there. 

Optimization and testing. The data recovery strategy should be tested and updated continually to protect the business from new threats. In this way, the business will be able to navigate challenges successfully. Planning a response to a cyberattack ahead of time will make sure your team will know what to do. 

Types of disaster data recovery 

There are a variety of options when it comes to data recovery. Perhaps the simplest method is backup. Your data is stored on or off-premises, or both for extra safety. However, relying solely on data backup gives minimal protection for businesses. If there is no backup of the IT infrastructure as well, there could be even bigger issues. For example, are your critical programs backed up as well? 

 Using DRaaS – Disaster Recovery as a Service 

DRaaS is another way in which businesses can protect their data and infrastructure in the event of a disaster. Your business’s computer processing happens on the DRaaS cloud infrastructure. This means that the business can continue to operate seamlessly, even if its servers are down. A DRaaS plan can be either a pay-per-use or a subscription model. A similar solution is Back UP as a Service. But this only backs up data and not infrastructure. 

 Why is IT disaster recovery important? 

There exists no business that can ignore disaster data recovery. Having a plan in place for this means that businesses can protect themselves from closure. Most businesses can’t even afford to close for one extra day. With a strategy in place for disaster data recovery, businesses will be able to get back to normal operations much more quickly. They might even be able to continue operating as normal. Why would anyone risk their business without a Backup Disaster Recovery plan? 

As your Managed Service Provider, we can assist you with your Backup Disaster Recovery (BDR) plan. You know how valuable your data is. Don’t run the risk of losing it! Contact us today and we can go over our data recovery solutions. 

Why Vendor Management?

As you have read in our previous blog posts, the vendors we use and our relationships with them are critical to our success as a company. Vendors can drive new growth and help us achieve profit goals and revenue gains. They are central to many activities and processes in our organizations. 

Why is Vendor Management important? 

When we’re caught up in the daily grind of running a business, it’s not easy to keep track of time spent and time wasted. Some very reliable estimates tell us that Business Executives spend an average of 15 minutes a day on hold. 

I know what you’re thinking: “Fifteen minutes? Big deal!” 

Sure, that doesn’t seem like a lot of lost time for one day. Now let’s see what the real damage is. That time adds up to: 

  • 75 Minutes per week 
  • 300 Minutes per month 
  • 3,600 Minutes per year 

That’s about seven and a half days you’re losing each year. A week and a half you could be used to get projects done, launch new products, or grow your business. Now you can see the importance of efficient vendor management. 

Effective Management of Vendors 

In our previous blog posts, we’ve talked about the importance of managing vendor-business relationships effectively. It’s no longer the case that procurement is only buying services or goods. In today’s business environment, vendor partnerships need to be a key part of your business growth strategy. You need to work with your vendors and manage your relationships strategically to reap the rewards. 

Who does your Vendor Management? 

As we’ve mentioned in the last blog, vendor management isn’t widely implemented by SMBs, nor is it well understood. So, to make sure we’re all on the same page, what do we mean by vendor management? 

Vendors are the businesses and individuals that provide services and goods to your company. You might work with many different vendors and pay varying rates, have varying contacts, and varying contract terms. This can be a minefield in terms of management and so you might find that you end up overpaying for services and goods. You also might lose money on lots of hidden costs. 

Vendor management can help with this. Simply speaking, this is a process involving: the research of vendors, the seeking of quotes, the negotiation of contracts, the management of vendor relationships, the evaluation of vendor performance, and the paying of vendors. Overall, you can save yourself both money and time if you streamline these processes. 

Why is Vendor Management important? 

Managing your vendors can reduce risks. We’re talking about unforeseen costs and regulatory compliance. For example, with vendor management, you can track supplies and have the necessary data available to identify risks to mitigate them. 

Another reason why vendor management is essential is so you can measure and track their performance. That way, you can make sure that the vendor meets your business needs and requirements. 

Essentially, vendor management will help you reduce your costs. With increased visibility, you will see hidden costs and will be able to control them to save money. You might be able to negotiate a better deal or access incentives and discounts. With this in mind, you might be interested in reading our previous blog on being nickel-and-dimed with additional costs. 

As you know, loyal relationships are also good reasons to focus on vendor management. A good vendor isn’t easy to find. If you find one, you’ll need to do all that you can to build your relationship with them to build trust and loyalty. 

Protecting your brand 

Ultimately, you need to look after your business. Vendor management can help you do that. Your brand is your reputation and it holds lots of value. An unethical or unprofessional vendor might tarnish this reputation. With vendor management, you will reduce the risk of serious incidents that stem from poor vendor actions. 

We can help!

We know this is a lot to absorb. So, if you still have questions about managing your vendors, contact us. The more things we can take off your plate, the more time you have to focus on more important stuff! And that will give you peace of mind, better Vendor relationships, and about a week and a half of your time back. 

 

Develop Your Vendor Relationships

For SMBs that want to take their business to the next level, you need help from your vendor partners. Unless you have this help, your business might not reach its potential. We all know vendor partnerships are key to strategic growth and longevity. Therefore, we need to become actively involved in that partnership.

Why do we need strong vendor relationships?

Having a strong partnership with your vendor is vital to continued business growth. It will mean your clients receive better service and will provide PR opportunities that raise your business profile.

Without a strong relationship, your business can stall. It might lack the resources or momentum to get to the next level. Securing and continuing to build a great relationship is critical to growth. Vendor management is one of the most underappreciated, yet critical functions you are responsible for. Luckily, this is something that can be easily addressed. So, how do you get that secure relationship where you become the vendor’s favorite partner? Let’s find out!

Make the vendor the center of your growth strategy

If you give your vendor relationship the central place in your growth strategy, you’re headed in the right direction. To be successful and grow, you need your vendor to think of you as a partner and not just a customer. A key approach is building up the relationship you have with your vendor account manager. Needless to say, this a very important step, so don’t let the relationship dry up.

Oftentimes SMBs will avoid emails or telephone calls from accounts managers as they see them as irritating. They’re trying to avoid sales pitches trying to get more money. But, if you take the opposite line of attack, you might see things change in your favor. For example, don’t wait for a sales call from your vendor, call them yourself and ask how you can become their favorite partner. With this approach, you show the vendor that you’re willing to make this a two-way relationship that can help them as well as you.

Take a forward approach

Being forward in this way can be quite surprising for vendors. They mainly spend their time dealing with SMBs that ask for discounts or favors. What’s more, they don’t often have them asking to help them.

In this regard, it’s good to have a bit of inside knowledge of how vendor account managers are measured in terms of performance. It might come as a surprise to learn that it’s not only their sales volume that is considered. Additionally, vendor account managers are measured on the sales pipeline visibility and how many new SMB partnerships they get.

Furthermore, it’s a good idea to open up communications lines with vendor account managers so they see the sales opportunities that arise. This will also mean that the vendor account managers can report sales pipelines accurately to their management.

Making direct introductions

Remember we said this is a two-way relationship – help your vendors by making introductions directly. Talk to your peers about the work you do with your vendor partners. Tell them what you enjoy about working with the vendor and how your business has grown thanks to the good relationship.

These activities might seem unusual as recommendations usually go the other way. After all, not many are doing it, which is why you can become your vendor partner’s favorite client quickly.

Does this yield results?

With this sort of helpful attitude, you will notice your partnerships flourish. You build trust. This trust will result in quicker resolutions to technical and supply issues more quickly – a bonus for your clients.

There really isn’t a downside to building a strong relationship with your vendor. Correspondingly, your relationship will become a real partnership with mutual commitment leading to success for both.

Final thoughts

If you want to move your business to the next level, approaching your vendor relationship in a different way can help to achieve growth. Without such a relationship, your growth could hit a wall that you might struggle to get beyond. If you have questions or need help managing your vendors, please contact us to discuss how we can help in this area.

Are you getting nickel-and-dimed by your vendors?

Are you getting ‘nickel-and-dimed’ by your vendors? This is a great phrase that you’ll hear concerning charges for extra services within a larger service or purchase. According to Grammarist.com, the phrase ‘nickel-and-dimed’ has been around since the 19th century. Originally, it meant small amounts of money. It wasn’t until the 20th century that this phrase became a verb and an adjective for descriptive purposes. It’s a relevant phrase when it comes to the SMB-vendor relationship. Being ‘nickel-and-dimed’ means you’re spending more on extra services than you agreed to. The phrase makes you consider the impact unknown costs can have on a business and its profit margin. 

As a business owner, you need to decide what level of IT support is right for you. Small businesses frequently operate under the “break-fix” model. Break-fix is exactly what it sounds like: you run your business normally until something breaks, then you pay someone to fix it. Managed Service Providers, like us, offer a monthly service agreement to handle all of your IT support. But remember, not all managed services are created equally – don’t get nickel–and–dimed! 

Break-Fix Model 

While the break-fix model appears the simplest out of the gate, it ends up costing more than you think. The ‘breaks’ cost you more because you’re stuck with unexpected hardware and software costs, and the ‘fixes’ cost you a lot more due to downtime, outages, and lost potential revenue. At some point, you’ll get tired of your CFO running into your office with a stack of bills from all of last month’s fixes. 

 

Working with Vendors 

Finding a vendor that works well for your business is essential. SMBs often seek out vendors that offer full solutions. These deals are usually better for the client as well as their revenue and profitability. 

Choosing a vendor that offers a complete solution means you won’t get ‘nickel-and-dimed.’ When a vendor gives you the option to pick your solutions it often sounds too good to be true. However, this way often makes things more complicated for both you and your client. It also makes it hard to predict revenue and costs going forward. 

SMBs need efficiency 

Efficiency is paramount for SMBs and this translates to your customers too. When vendors offer features individually, the SMB purchases separate parts as individual products. With a turnkey solution, they have one single comprehensive package. Otherwise, you’re spending money on features that you thought were included. Unbundling your service might also mean ending up working with multiple vendors. What you need is a single vendor; a one-stop-shop for all of the features you need. Bear in mind that this vendor also needs to be able to adapt to you in the future too. 

What SMBs need their Vendors to know 

SMBs need a vendor that recognizes their role in supporting your business. We buy, employ and use their technology to run our businesses. SMBs should expect their vendors to listen to them and help them build their business. If you suspect you’re being nickel-and-dimed, then this isn’t a partnership worth pursuing. Don’t stick with it because it might seem like an easy option or because it’s hard to find a vendor that checks all of the boxes. You can maximize profitability and ROI with a vendor that works for you and works with you. 

Future-proofing 

When new features become available, they should not be a separate offer or a stand-alone service. SMBs need to ensure the vendor they work with can future-proof their plan to add any new features onto their existing offering. 

With a complete, fixed-price solution, vendors will earn your business each month and will then continue to improve their solutions without having to ask for extra money. A good vendor will focus on lowering the costs and not try to upsell new opportunities as they arise. 

Final thoughts – don’t be nickel-and-dimed 

You need a solution that will meet your needs straight out of the box. It should be a ready-to-go turnkey solution that will make you satisfied in the knowledge that you have all you need to be able to solve any business problem – all while paying a reasonable sum. You also need your vendor to incorporate new additions into your product as they arrive without it costing you more. It’s vital not to settle when you’re looking for a vendor. If the vendor doesn’t look out for your and your customers’ interests, can you call them a partner? 

If you are having issues with your vendors, please contact us at any time. We want to be sure you’re getting what you’re paying for. 

Your Vendors: How To Manage Them

When a Business relationship with vendors is good, it can form a strong and strategic partnership that strengthens and develops your business.

Many businesses don’t have the capability or skills that are needed to build marketing and sales in their business plans. Vendors can support businesses in this area. Vendors have the resources to tap into their expertise and provide guidance on how your business can promote your services. A vendor can give advice on which marketing goals should be a priority.

Establishing solid relationships with your vendors is crucial to staying competitive. This is true in both customer service and business growth. Take care of them and they will take care of you.

Two-sided relationships 

The relationship isn’t a one-sided one. Both you and the Vendor need to engage with one another to establish in-depth growth and development plans. Hold one another accountable. Vendors can also help businesses execute strategic plans by providing services that may be out of reach. These could be marketing resources or technical recommendations. Vendor partnerships with strong foundations also lead to efficiency in operations. Having a good vendor allows you to reduce the number of resources required with simpler, automated processes. As you can tell, this is good for your bottom line.

A positive vendor lifts you up 

Vendors have lots of expertise and valuable advice to share with you. Whether they’re forthcoming or not depends on the relationship you have with them. Just like any working relationship, a relationship between a business and a vendor is not just transactional. The traditional format of the vendor-buyer relationship is no longer enough to stay competitive. You both need to go much deeper than that. To have a vendor that lifts you up requires you to establish a two-way relationship and dialogue. Strive to help each other.

Both parties have key responsibilities. Vendors should listen to their clients to discover what services, support, and products they truly want. You, on the other hand, should engage proactively with the Vendor to gain access to price promotions, bundles, and Marketing tools. This will help you provide better services to your clients and stand above your competition.

How can you get more out of your Vendor? 

Often, small businesses don’t have enough budget or time to plan and carry out marketing programs on a big scale. Vendors can plug this gap. You can ask vendors how they invest in making their client network a success. Another question to ask is, do they create activities for lead generation? To help support the vendors become actively involved in their promotions.

You need to work to make the most out of your vendor partnership. When dealing with a Vendor, articulate your needs clearly. In turn, your Vendor has to make it easy for you to have access to the materials and resources you need to sell your services. There is no place for being timid here. Ask the Vendor how they can help you and what the available support is. Examples of this might include payment plans with added flexibility or discounts to help with your cash flow.

Build your relationship 

Often, business owners are quick to criticize a vendor for not providing or offering the support that was expected. We must remember that this is a reciprocal partnership and a two-way street. The relationship needs to work for both parties. Sometimes, owners find that their Vendor isn’t creating the positive effect on their business that they would like. For this to happen, you must engage fully with the Vendor to set achievable, common goals. Spending time to establish the right partner is an investment SMBs often can’t afford to miss. Having a trusted partnership with a vendor impacts your company’s success.

Collaborate with technology 

Simply listing each other’s company on your website is not a collaboration. For the relationship to go deeper, it should involve the integration of technology. An intertwined technological relationship will open up ways to create more innovative services. Your vendors have a larger budget for research and development than you do. Being collaborative as a technology partner is an important consideration that many businesses can benefit from.

What if your Vendor is negative to your day-to-day operations? 

Strive to build and maintain good relationships with vendors. Remember, vendors also have to play a positive role in the relationship. Some vendors aren’t good for your business and it’s important to work with the ones that are. As MSPinsights.com describes, sometimes vendors alienate themselves by offering “channel” products that mean they have direct contact with your clients. You might even find vendors that offer competing products to the end clients or require them to sign contracts. This kind of ‘offer’ often suggests that these vendors are not interested in treating your business as a legitimate partner.

Final thoughts 

For best results, you need to become your Vendor’s favorite partner. Essentially, you’ve got to find someone who wants to build a partnership that works two ways. If you need a little help managing your vendors, remember that we can do that for you. Contact us and we’d be happy to get the ball rolling.