Tag Archives: management

State by State Business + Tax Resource Guide

Each state has a Taxation + Revenue Division for businesses to  administer the State’s tax laws uniformly, equitably, and efficiently   to maximize State revenues to support public services.

They each ensure that voluntary compliance within the taxing statutes is achieved without being an impediment to economic growth.

Many of these offer free electronic newsletters and publish articles on their websites.

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Time

Time is one of our most valuable resources…

time

By analyzing time usage on a regular basis,
it is possible to understand the most efficient ways to use time,
both in and out of the workplace.  

Using Time Wisely

Everybody is increasingly aware of the cost of time.  Individuals and departments are held accountable for their use of time:  goals are clearly defined and financial penalties are incurred for missed deadlines.  Company culture can have an important influence on how employees use their time.  In too many organizations, working long hours is equated with working hard.  If you leave on time, others may think that you are not pulling your weight.

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Policy and Procedures

policy

People generally need structure. 

It provides a framework for an environment of basic understanding and opportunity to thrive.  In organizations, policies and procedures serve employees with that simple foundation.

Policy

A policy is a formal guidance or rule to guide decisions and achieve rational outcomes.  It’s needed to coordinate and execute activity throughout a company.  When effectively deployed, policy statements help focus attention and resources on high priority issues.  They align and merge efforts to successfully achieve a business vision.  Policy provides the operational framework within which the business functions.

Policies are typically written to cover topics of widespread application.  They change less frequently, as they are considered the agreed upon standard within an entity.  Usually, policies are expressed in broad terms and cover the “what” and the “why” of any given area.  Policies also answer some of the operational issues related to the topic at hand.

Procedures

On the other hand, a procedure typically supports a policy.  It is a method for performing a task or a fixed, step-by-step sequence of activities.  Procedures cover the operational processes required to implement a policy into action.  Operating practices can be formal or informal, specific to a department, building or applicable across an entire business unit.  If policy is “what” an organization does operationally, then it’s procedures are “how” it intents to carry out those operating policy expressions.

Procedures cover a topic in a more narrow application. They are typically prone to change as a business grows or adapts.  Procedures, often referred to as “Standard Operating Procedures” or “SOPs” are stated in as much detail as is required to perform accurately and effectively.  At length, it will describe a process and cover “how” something is done, “when” it should take place and/or “who” involved.

Both policies and procedures are necessary.  Outside basic federal and local legal compliance, it is up to the organization how in depth both tools are utilized.  Most importantly, both are tools that support your organizational practices and principles.  Effective leaders do not lead by policy, rather refer to them as tools throughout their interdisciplinary leadership efforts.

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Boundary Spanning

hanged_bridge_in_the_jungle-wide

Human Resource Professionals often
play the role of the “boundary spanner”.

Boundary Spanning is a practice is all about collecting, filtering, interpreting and disseminating knowledge across organizational boundaries.

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Equity Theory

eqth

J. Stacy Adams, Equity Theory [1963]

Equity Theory, as the name implies, is predicated on the assumption that people want to be treated fairly, particularly when compared to how others around them are treated.  It also purports that such comparisons will be made frequently.

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