Are You a Small Company? Use These Business Practices

To cope up with the current adversities, it is important to adopt three business practices of top-most businesses in India
  • BY Jaspreet Kaur

    Feature Writer, BusinessEx

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  • May 21,2021
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  • 8 Mins Read

Indian entrepreneurs held great hopes from 2020. However, time and expectations changed with the genesis of the health crisis. Business ecosystem that was anticipated to improve last year has stagnated now. Scope of improvement was less visible to eyes and on the flipside, challenges have surfaced. 

In such tough times, companies having no or little technology engagement struggle the most. Such enterprises do not focus on using the technology to their benefit. This kind of ideology has doomed various companies despite how viable business plans they have. To cope up with the current adversities, it is important to adopt practices of top-most businesses in India

Here are some of the best business practices that small companies need to adopt for their survival. 

Create Leadership Opportunities 

While working remotely, it is daunting to hold in-person conversations or meetings. Turning diligent in work and holding a smooth communication channel become problematic. To address these issues, small companies have to delegate leadership roles to middle-level employees or leaders. 

These leaders will divide tasks and keep a check to ensure monthly targets are achieved. They will channelise and convey the company’s boss’ ideas to junior employees. In addition, implementation of strategies would be under supervision of these small leaders. 

Since there will be numerous small leaders to direct and aid employees, work will become lighter. Furthermore, immaculation would be achieved in work tasks. 

Connect Leaders with Employees

Communicating with employees in a safe and secure environment is crucial. It becomes intrinsic to use software to enable quick, easy communication and delegation of tasks. While working remotely, different people have distant tasks. The job of a writer is not similar to what a graphic designer does. 

Understanding this, the company has to ascertain apt technology or software to keep working professionals’ communication intact. Slack, Asana, Zoom, and Microsoft Teams are some of the important software that can be used to reinforce communication amid employees. 

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