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Do These Things Before Putting Your Home on the Market

A quite popular saying goes,”preparation is the mother of success.” And just like every other thing you do, you’d like to succeed at selling your home. We are assuming here that success is making a profit on the sale of your home.

An important part of preparation for putting your home on the market is knowing the right things to do that will help your home sell faster and at a desirable price.

Things to Do Before Putting Your Home on the Market

There are a number of things to do, and they are;

1)  Do your research

2)  Decide on how you’re selling your home

3)  Do a thorough house makeover

4)  Stage your home

Now let’s get to the nitty gritty.

1. Do Your Research

Before putting your house on the market, it is a wise idea to know the dynamics of the market you want to sell in. Your home will most likely not be the only one of its kind in your locality, but even if it is, having info about how much other kinds of homes are going for is bound to be useful.

2. Decide on How You’re Selling Your Home: FSBO or Through a Real Estate Agent

The method you want to use in selling your home is also key. Knowing this beforehand will save you of time that would otherwise have been wasted on indecision. If you’re going the For Sale By Owner route like SoCal Home Buyers, then you would need to be prepared for the emotional and mental stress it would exert on you. 

This is especially true if you’re a newbie in the real estate market. On the other hand, if you’re going to sell your home through an agent, then you’re going to have to go through the process involved in finding a top agent. You can also find top agents in Adelaide here.

3. Do a Thorough House Makeover

Before putting your house on the market, evaluate the way your house looks, and take the necessary steps to make it look better. Think from buyers’ point of view, how they will think when planning property investment Melbourne; what kind of property will interest them.A curated list of such steps are explained below;

●   Clean

A thorough, deep clean is advised for your home. Doing this will help get your house looking more attractive to prospective buyers. You can even consider Fort Worth Garden and Tree Removal for a more thorough cleanse. 

●   Paint

Using your home for a long time means you will most likely have old and cracked paint. You can’t expect any prospective buyer to see that and jump at your home. A freshly painted house has a distinct beauty that can’t be faked, so painting your house is highly advised.

●   Declutter

When you’re selling your house, you want to make sure that it looks its best. No one wants to buy a home that seems like a junkyard. That means getting rid of any clutter that might be distracting to potential buyers.

It can be tough to let go of some of your things, but remember that you’re trying to sell your house, not your stuff. The less clutter there is, the more interested buyers will be in taking a closer look at your property.

So take some time to sort through your belongings and get rid of anything that you don’t really need using a 24 hour rubbish removal company. You’ll be glad you did when you see how much interest your decluttered home generates!

●   Get the Services of a Handyman

A handyman is an asset for you when you are ready to sell your home. Having one is very crucial, as they will replace all things that need replacing, and fix everything that needs fixing.

Leaking faucets, broken locks, etc, aren’t exactly the optimal selling point for your home, and must be taken care off by a handyman or a Cincinnati plumbing company.

4. Stage Your Home

Staging your home is a very important part of the selling process. Your home has to look as excellently as possible, and it has to be attractive enough for buyers.

Also do some landscaping, and ensure the outside of your home looks good and decent. This way, you can attract the right buyers.

Conclusion

Getting your house sold as fast as you want and at the price you want is very possible, but only if you are armed with the right knowledge beforehand.

Why Online Reviews Are So Important In 2020

In 2020, when COVID 19 restrictions have forced everyone to spend more time than ever online, reviews are an important way for businesses to make themselves stand out from the competition and build trust with their customers. Positive reviews can be a major asset that increase awareness and drive sales, while negative review can cause a lot of damage to a business’s reputation.

Social proof is essential

People are more likely to buy something or do something if others have recommended it, and this makes social proof essential to building a successful business. These recommendations can come from friends and family, peers, industry experts, or influencers — people just want to know what others think about something before making their own decision.

Online reviews are a key form of social proof in 2020, especially when many people’s only interaction with your business or product will be online. Reviews provide people with social proof that helps them decide to choose your business over one of your competitors.

Online reviews build trust

Online reviews can make a business seem more trustworthy and help build credibility with your target audience. If other people outside of your organization are talking about you it demonstrates that you’re a legitimate business and helps establish and grow your online presence. This means that customer reviews of your product on your website or via social media aren’t the only online reviews you should focus on.

Getting featured on review sites and talked about by industry experts is also important. People often spend a lot of time researching online before making a decision, so you need to be included on sites that provide in-depth reviews.

This is crucial for new businesses in particular. OnlineCasinos.co.uk is one example that would be important for new online casinos to be featured on.Image: Online Casinos

The site gives an overview of the key features of each casino site as well as a star rating that would help players decide which site to use. If you’re not featured on an online review site that your competitors are then you’re going to be missing out on an opportunity to build trust and increase awareness.

Improve your SEO

Online reviews can improve your website’s SEO, which means that they can help to move you up further in search engine results. This can help increase traffic to your site,  and an important part of growing an online business.

Google reviews can boost your position in search results because Google wants to show searchers the best results each time.

If you are allowing customers to leave product reviews and feedback on your website, then this is adding fresh new content to your site on a regular basis, which can improve your onsite SEO.

And other websites reviewing or featuring your business is going to help grow your online presence and increase the number of links back to your website — another important factor of SEO.

Customers are marketing your business

Positive online reviews are a great way to market your business, and your customers are writing it for you. Giving your customer’s a great experience with your business and then encouraging them to talk online about how good your products or services are is far more valuable than any advertising campaign.

You can also create longer online reviews with customer testimonials and case studies that are great marketing materials to publish on your site, and share with potential customers. Salesforce.com is an example of a business that uses case studies to highlight exactly how its CRM software has helped its customers to improve their sales process.

Image: Salesforce

But it’s important to remember that negative reviews can do huge amounts of damage. And even if you’re not asking people to leave reviews on your website, they can still share their opinions widely on social media or customer reviews sites such as Trustpilot.com.

Online reviews are a key way for businesses to provide social proof to their audience, increase awareness, and drive traffic to their website in 2020. So it’s important to focus on providing a great experience and getting more reviews to improve your reputation and grow your business.

Setting & Operating A Travel & Tourism Agency in Cyprus

You have to be a resident of Cyprus or an EU member country, receive approval from the CTO, and pay the necessary fees to set up a travel agency.

Cyprus is a beautiful country located in the Eastern Mediterranean. The country is full of beautiful sights and vast cultures. This diverse culture comes from its origin.

Cyprus has a long history. It has been under the rule of the Roman Empire, The Byzantines, the Ottoman Turks, and the United Kingdom until finally becoming independent in 1960. So, the country shares a diverse culture that was passed down from its occupiers.

It is also called the Island of Aphrodite, meaning it is the island of love. The place has many tourist spots, which makes it is a very popular place to travel, and the country is very much dependent on its tourism sector.

Setting Up A Tourist Agency In Cyprus

The purpose of setting up a tourist agency is to make it more known to the people across the globe. It is hard to find all the information when traveling to a foreign country with a different language.

It is the same with Cyprus where the official languages are Turkish and Greek. Having a travel agency will make it much easier for people to gather information from one particular place without hassle.

Cyprus not only has a lot of tourist spots to visit but it also gets a lot of tourists that show how popular a place it truly is. It became a permanent member of the World Tourism Organization in 1975 and is ranked 40th most popular travel destination.

In the year 2006, 10.7% of the country’s whole GDP came solely from the tourism department. So it is no wonder why you should open a tourist agency in Cyprus. A large part of the business in this country is dependent on tourism.

Terms & Conditions Of Opening A Travel Agency

The rules and regulations you need to follow while setting up a travel agency in Cyprus are described in The Tourist and Travel Agencies and Tourist Guides Law of 1995-2013.

According to this law,  a person needs to have some licenses ready before setting up a travel agency and start operating legally.

You will need to have all the tax-related paperwork ready while getting the license. Visit FinExpertiza Cyprus, your one-stop solution for all tax-related queries in Cyprus.

To ensure that there are no illegal tourist agencies and no corruption, the government of Cyprus set up Cyprus Tourism Organization or CTO that regularly monitors and supervises every travel agency.

Things You Need To Consider

There are a few things that you need to think about before opening a travel agency which are-

  • Have a well thought out business plan
  • Have some creative idea about the branding of your agency
  • Cover up a large area that makes you appear as a trustworthy organization
  • Pick up a good place to set up your office
  • Promote your agency on social platforms
  • Ensure that customers are fully satisfied to gain a reputation
  • Try to get business partners
  • Getting Approval of CTO

The CTO issues a license to those who are willing to set up a travel agency. They must send a project proposal on how they are willing to operate the whole agency and submit the paperwork for legislation.

There are some criteria that CTO follows, and if you fall under these criteria, you will be issued a license. The criteria include:

An official license will only be granted to those who are either a resident of Cyprus or a resident member of the EU countries.

Only people who are residents of Cyprus may be permitted to have an office. Others will need to operate without an office.

Individual or organization who is neither a resident of Cyprus or of an EU member country can not operate as a travel agency unless they are working under a legal organization

Success Of Creating A Travel Agency & Its Future

As mentioned earlier, Cyprus is a popular tourist place and that popularity is increasing day by day. From 2018 to 2019, there was a rise in 3.6 million tourists, which is a huge sign that tourism in Cyprus is developing.

As the numbers are increasing, so are the needs of travel agencies. So, you can be certain that your agency will be a success.

Before Cyprus only had one tourism season but as the popularity grew, the government opened two separate tourism seasons and also has made an open sky policy, meaning anyone can travel to Cyprus without restrictions.

Aside from just sightseeing, Cyprus has also become a business hub for import and export, meaning business travel is also going to be imminent.

With technology becoming so developed nowadays, it will also be easier for you to connect with clients that can help grow your agency.

Despite the pandemic, travel agencies and agents are still in popular demand. Travel agencies might have halted for a short time and had significant setbacks, the future of the tourism industry still looks bright.

The Obligations You Must Follow

Finally, after you set up your agency and get a permanent office, there are some rules by which you are obliged and must follow under all circumstances. They are:

Deposit €15,000 upon getting the application for your agency approved

  • The license provided has a two-year validity and after the two years, you must renew it yearly for €300.
  • Your agency office must-have an area of at least 20 sq.m. And must have basic accommodations like a private bathroom.
  • To operate your agency, you must have at least two personnel, including the manager

Final thoughts

Travel agencies are a great help to travelers who come to visit a completely new place, besides it is also a great way to make money for the owner of the agency. Hopefully, this guide has given you some idea as to how you can open up your agency and what factors you need to keep in mind to operate your agency smoothly and effectively.

Pros And Cons Of Using Professional Financial Services

Financial operations, from monthly reports to payroll, are a key part of growing a successful business whether it is a small mom-and-pop shop or a national brand. You cannot know the true health of your business without accurate accounting, being sure of both assets and liabilities. 

When these jobs are done in-house, you or your employees handle the financial duties. This requires qualified staff with up-to-date financial experience and knowledge. Depending on the size of your company, this will most likely take more than one person to accomplish all of the financial tasks required. 

Opting to use professional financial services means allowing a company, led by a team of trained experts, to handle various parts of your company’s financial needs. This can include basic accounting and bookkeeping or it can incorporate business auditing or tax preparation. With many financial services, it could expand to include payroll and human resources

Businesses choose professional financial services due to many factors. As is often the case with new businesses, there is not enough staff with adequate knowledge to handle all of the financial requirements. In fact, half of all small businesses in the U.S. outsource part or all of their financial needs. 

Pros for Hiring Professional Financial Services

Forty percent of all U.S. businesses of varied sizes outsource part or all of their financial tasks to professional financial services. When a number of business owners were surveyed, they expressed such a major interest in outsourcing financial tasks that if all chose to do so, it would push the number of businesses doing it up to almost 90 percent. 

Capitalizing on outsourcing financial services is a growing trend in the U.S. Here are a few pros to hiring professionals: 

  • Meet Deadlines – It is the financial services team’s responsibility to meet all deadlines required.
  • Minimize Errors – Knowing your accounting is being done by professionals, you can be assured that it is being done accurately and will be rechecked to weed out any errors. 
  • Save Money – You are only paying for the service rendered by the financial company saving money on other aspects of paying staff to do the work.
  • Access to Tech – The company you choose should have access to the most up to date systems, technology and resources. 
  • Save Time – Being assured that your financial health is well taken care of allows business owners and their staff to have more time focusing on growing a successful venture. 
  • Access to Team – Instead of having one or two employees dedicated to your company’s financial health, you will have access to a team of experts. When one of the team is absent, the work for your company will continue with another experienced, knowledgeable team member. 
  • Make Choices – You have the ability to choose more services from the professionals you choose or less. It is not set in stone. You have time to figure out what best works for you and your company. 

Cons To Hiring Professional Financial Services

The key to choosing whether to outsource financial tasks is deciding if there are more benefits than drawbacks. Much depends on if you or your staff are knowledgeable and have the skills to efficiently execute bookkeeping, payroll, tax preparation and more. 

The choice to outsource may also depend on the growth of your venture overtime. You may begin with all you need to meet the requirements while finding that as your company grows, you are overwhelmed with the workload of your financial tasks. 

Here are some possible cons to consider when pondering whether to hire a financial service: 

  • Time required – You will still have to spend time reading over statements and staying up to date with your business finances especially when budget planning. 
  • Less Control – All of your finances will be open to review and accountability from the professional financial service you choose to hire. This will be imperative in order for the work to be sound and accurate. 
  • Possible Contract – It is important to be aware of any contract stipulations you have to agree to when hiring a service. You want to be able to have flexibility along with being able to add or subtract services. 
  • Service Fees – If you are a business owner who has adequate knowledge and feel that you can do all of the financial tasks required for your business, then you may spend more hiring a service than doing the work yourself. 

You cannot know the fiscal health of your business without efficient accounting along with proper knowledge of your assets and liabilities. Accurate financial statements like the balance sheets, cash flow statements and income statements are relied on for making your important business decisions and for tax preparation. Using this pros and cons list will help you in considering whether hiring a professional financial service is the right step for you and for your company.  

The Psychology of Successful Internet Business People

The Internet has given humanity many avenues to generate income. Today, office jobs are just one of the myriad ways. Sometimes, you do not need to leave your home to earn a living. With so many bloggers, copywriters, graphic designers, and traders, it seems that opportunities are boundless. So, what sets the most successful people apart from the rest? What do owners of profitable online businesses know that the public can only guess?

Common types of online business in India include e-commerce, coaching, blogging, and online trading. Whatever the job, successful people share certain psychological traits. Here are some of the most distinctive characteristics of online millionaires.

1. They Learn From Their Mistakes

Perfectionism is a barrier to progress. In online business or trading, you cannot expect smooth sailing all the time. Mistakes may and will happen sooner or later. Even experienced stock traders may fail at least occasionally. The key is not to eliminate mistakes but to limit the damage.

Owners of businesses analyze their market and competitors to identify possible threats. They develop courses of action for any undesirable scenario. Traders learn to hedge risks through stop-loss orders and the extension of portfolios. They also keep a trading journal where they describe every decision. When a trade fails, they look back at their actions to understand the cause.

2. They Never Stop Learning

Study the biography of any successful top manager, and you will notice that such people are learning all the time. The moment they think they know everything is when their downfall begins. Wealthy businessmen are constantly pushing themselves out of their comfort zones.

The same is true for traders. Any Forex expert will tell you that learning in this field is never-ending. Complacency is a recipe for disaster. Even seasoned traders use demo Forex accounts when they explore new assets or strategies. Reputable brokers like ForexTime give clients free opportunities to learn and develop their foresight.

Constant learning keeps our brains in shape and allows us to see new paths to our goals. This is not only about competence. We need to stimulate our minds to stay younger. New knowledge causes our brain to make fresh neural connections, making us more mentally agile.

3. They Are Focused and Disciplined

Distractions are the bane of our time. Addiction to gadgets causes us to multitask, which means our performance in all tasks is mediocre. Once, multitasking was hailed, but it is now discouraged. Successful people know the value of focus and concentration.

For an online trader, distractions are extremely dangerous. As the market is changing all the time, they need to stay vigilant and follow their strategies to the letter. Those who trade on margin (using borrowed capital) can see their accounts wiped out in a flash.

4. They Can Be Independent

Successful people take full responsibility for the results of their actions. Owners of companies understand that corporate success may not inspire their employees as much as them. They should also be able to make difficult decisions alone.

Traders are their own bosses. Forex allows them to earn money without any tedious reports or boring meetings. At the same time, they only have themselves to blame if things go awry. The outcome of every trading day hinges on their own strategy, skills, and the market.

5. They Are Committed to Their Goals

Conviction is another personality trait that sets winners apart from losers. These people are not afraid to face challenges and cope with them alone. Sometimes, they need to work long hours, and all their efforts may seem futile. An entrepreneur needs mental toughness to ignore any naysayers and discouraging news.

The same is true for traders. The market does not always move in a favorable direction. Sometimes, even a carefully calibrated trade may bring a loss. Traders should learn to look at the big picture, instead of focusing on momentary shifts. In the long-run, minor failures will be negligible if your overall strategy is correct.

When traders fail, they may chase losses out of frustration. This is a dangerous misconception. Trading on a hunch or driven by emotions is a recipe for disaster. Forex experts stay the course regardless of any obstacles. This requires a certain degree of mindfulness, so you realize what motivates your every step in the market.

Psychology of Success

These are some of the traits shared by wealthy businessmen and traders. Such people can persevere in the face of challenges, and they never lose sight of their goals. Knowledge is power, but it is not the only prerequisite for success. Follow a sound plan, be mindful, and let profits accumulate over time.

UK Law Update – Living With a Cat or Dog at Home – Things to Consider as a Tenant?

One of the major problems that tenants have had in the rental sector over the years is that the vast majority of landlords do not allow cats and dogs. This could all be about to change, though, as The Mirror has reported that Conservative MP Andrew Rosindell has launched a bill in Parliament that would ban landlords from rejecting tenants that want to live with pets.

Rosindell commented on the current situation:

Sadly, pet owners moving into rented accommodation face the reality that their family could be torn apart because most landlords have unnecessary bans on pet ownership.

Benefits of Pet Ownership

The bill is due for a second reading as soon as January and if it reaches Royal Assent later in the year it could completely transform the rental sector and the lives of many. Many people in the UK want to own pets but have been unable to due to their tenancy agreement but this could all change in the near future. It is proven that pets can improve mental and even physical health, so this is fantastic news for many and could lead to a much happier and healthier generation of renters.

A Large Responsibility

While being able to live with a pet could certainly enrich the lives of many, iit is also important to note that pet ownership is a huge responsibility and not a decision that should be taken lightly (especially when it comes to dogs) and choosing the right dog breed to take care of. People need to decide whether they are in the right place in their life for a pet and if they will be able to give it the care and attention that it needs.  In a time with so many people now working from home, it is likely that people will be more inclined to buy a pet but it is not just time that you need to be able to provide. If you returned to regular office hours after the pandemic, consider a doggy day care centre instead of leaving your pup at home all day.

Having a Suitable Space

People must also consider whether or not they have a suitable home for their pet. If you have a small flat with no garden, for example, then a dog might not be the best idea even if it could soon be legal for renters. People will need to make sure that they have a suitable space to look after their pet of choice but it is also important to factor in the property itself.

Protection

While this new bill might make it legal for tenants to own a cat or dog, you certainly do not want to get a pet only for it to cause damage which could harm your relationship with the landlord as well as lead to deductions from your deposit – if the bill passes, it could certainly muddy the waters when it comes to tenancy contracts which is why it will be so important to have adequate tenant insurance in place and to know your rights.

The bill now has cross-party support and this could be a huge plus for renters in the near future. While there are many benefits to pet ownership, it is still important that renters make sure that it is the right decision for them and make sure that the property is protected and suitable.

COVID-19 Global Economic Impact

Today, the losses of the world economy from the COVID-19 pandemic are estimated by various experts at $ 4-5 trillion, but there is also an estimate of losses at $ 8, and even at $ 11 trillion. Time will show what these losses will be in reality, but it is already obvious that in the next 2 years the world will face both direct and indirect consequences of the coronavirus pandemic.

Industries hit hardest by the global crisis

First of all, COVID-19 will hit such industries as:

– international trade;

– transport (air and auto);

– tourism, hotels, and restaurants;

– offline services and entertainment (hairdressing, fitness, sports, theater, cinema, etc.).

But there are also lucky ones:

– local e-commerce, especially groceries and ready meals;

– food delivery services;

– online entertainment;

– production and sale of medicines and remedies;

– remote medical consultations, tutoring.

A significant part of the financial industry, including stock exchanges, can also find positive aspects for itself in the current situation. For example, over the past few months, trading volumes in the Forex and CFD markets have significantly increased.

The oil industry deserves special mention, which, by some fatal coincidence, went into a tailspin after the unsuccessful negotiations of the OPEC + countries and in the same days when the explosive spread of COVID-19 began in Europe and the United States. Many small and medium-sized companies engaged in the production, transportation, and sale of oil may not survive this crisis, but those who remain will gladly share the vacated business niche.

World economic decline in 2020

It is too early to make forecasts for the United States and Europe, but for Southeast Asia, including China, there is already an estimate by the World Bank – from 5.8 to 2.1%, and in a negative scenario, even to minus 0.5%.

But the main question is still not how much the economy of the world or a particular country will slow down. More important is how the economy will look after the epidemic, whether it will be able to return to its original form, albeit losing a few percent of growth.

And there is no obvious answer yet.

The effects of Covid-19 on Global Gambling Market infographic

Click on the infographic to view the interactive version (via BlackjackOnlineCasinos.net)

When to Hire Tax Professional In Place of FREE Software

“The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations, the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth of the economy.” – John F. Kennedy

Tax preparation and payment are some of the mandatory activities adding value to one’s overall creditworthiness and country’s economy. Still, people often make efforts to neglect to pay the wholesome tax amount considering it as a loss of their hard-earned money. But when you wake up to the realities, you realize that it was a myth.

Another fact associated with tax preparation is that hiring professionals can be extravagant, therefore prepare and file tax on your own. There is a fine line between seeking a professional’s assistance and filing your own tax papers. A minor mistake can turn into a major hassle ruining your credit score or financial status forever.

Difference between professional help and DIY (do it yourself) tax preparation

Financial documentation is a bit delicate and technical; thus, it requires professional help. Plus, there are some financial terms and conditions which are hard-to-understand for a layman. Therefore, it is advisable to seek professional help rather than juggling with the papers. Yet, if you are opting for preparing and filing tax papers on your own, consider asking yourself three questions –

  1. How much will it cost to hire a professional tax accountant?
  2. How much time do you have to prepare tax papers?
  3. Are you familiar with the financial and tax-related terms?

Tax documentation and filing isn’t as easy as 1, 2, and 3. From circumstances to accounting complexity, countless reasons are explaining why you need a professional tax accountant. They don’t just help you get access to creative tax solutions but suggest the safest financial plan suiting your financial status. You, as a layman, may take years to explore financial benefits which a professional can explain in the first year of filing tax returns.

Who requires the professional assistance of a tax preparer?

  1. A professional earning an income that comes income tax bracket
  2. A small or mid-scale business owner. Here, no matter if you are an IT business owner or run a retail store, associating with a professional for being financially sound, is a must.
  3. Those who are about to buy a home and require a hefty loan
  4. Freelancers thinking to kick-start a venture.
  5. Those thinking to invest in a business or large-scale assets

Types of tax professionals to know about

  1. CPA (Certified Public Accountants)
  2. Enrolled Agents
  3. Tax attorneys

The final word

Accountants and tax-related matters do demand concentration and a higher degree of financial understanding. This makes it necessary to associate with a tax preparation and filing expert having a thorough knowledge and helping you sail through the tax-related hassles. In the initial stage, going for experimental DIYs can work, but when it comes to making investment decisions and preparing tax returns, you require assistance. So, rather than juggling with financial terms and papers, seek expert’s assistance.

What Children can teach us about Leadership: Seeing both the Trees and The Forest

By David De Cremer  and Hannah De Cremer

Leadership and management are two different things. Managing a work force today implies taking up the role of a controller in which on a weekly basis metrics are used to evaluate employees in how they execute the tasks that they need to do. Managers keep the boat steady and try to minimize disruption as much as possible. Leaders, in contrast, live because of disruption. Indeed, leadership is needed when the boat is rocking and change is needed. Change implies that the situation we used to know will be different in the future and this transformation process needs to be guided. It’s in that transformation phase that leaders create value for their organization. They do so by pointing out the direction that should be taken, for what reason we need to do so, how we will do this, and, finally, what kind of value it will bring to the organization as a whole.

For obvious reasons, people feel uncertain in times of change and leaders then also face many challenges when motivating them to contribute positively to the transformation process. A specific challenge that leaders face is to make everyone part of the transformation journey by being able to clearly communicate the overall picture of why the organization is changing and at the same time still be guiding the daily activities and responsibilities of employees. Motivating employees takes here a dual perspective in which transformation can only succeed if the work force recognizes both the forest (the overall strategy and vision) and the trees (the specific tasks that have to be done). Leaders therefore need to be able to take the perspective of different levels of action required for the transformation journey to succeed. Many among us consider this kind of orchestration where we see both the forest and the trees as something of “cognitive gymnastics” that especially under times of pressure is difficult to maintain. Some have argued that because at later stages in our careers, when we have developed ourselves into leaders, our mind becomes less flexible, we may learn from the young minds on how to balance a higher level style of processing information (the big picture) with lower-level more concrete styles (the specific tasks to do). And, I agree. Why? Well, I have started to learn some lessons of life by observing my four-year old daughter Hannah.

We may learn from the young minds on how to balance a higher level style of processing information (the big picture) with lower-level more concrete styles (the specific tasks to do).

Hannah has a strong interest in drawing and in her journey to develop her own style it has been fascinating to see how she constructs her own stories about reality. While her drawing skills have developed at a very fast pace (the young mind at that age develops in creative and spectacular ways) so has her way of looking at that reality she is trying to put on paper. Specifically, she has gradually become an artist able to look at both the bigger picture (e.g. a castle, a playground, a city) and the individual characters that are supposed to live in that context (e.g. dinosaurs, princesses, father and mother) at the same time. Yes, she seems to have transformed herself into someone who looks both at the overall scene and the details within that scene to shape up the stories that she tells her parents. To her, everything is related and both the general idea of the drawing and the details she adds to it are important.

This kind of working has definitely implications for making what she’s doing understandable to the rest of the world (as leaders also try to do). Indeed, when she starts drawing she has a story in mind that gradually builds when she starts adding more and more details. In a similar vein, when leaders respond to change they need to know the story of what is happening and once this story is recognized the specifics will have to be developed to get the work force going. In the case of Hannah, working this way allows her to make a drawing where a lot of action is happening within the context of a bigger setting. In more psychological terms, Hannah is clearly looking at the world in what can be called a “holistic” way where she focuses on the context at hand, but, in her case, this tendency goes hand in hand with also an eye for concrete details that she considers fixed such as the personality of a dinosaur or a princess.

Interestingly, within the psychology literature, humans have been shown to focus on and process incoming information in two different ways (Smith & Trope, 2006). Specifically, people either engage in more abstract information processing or in more concrete information processing. Abstract processing involves looking more at the central aspects that make up the context (i.e. the forest). It also includes detecting relationships between the different objects within that context. This tendency to zoom in on the relationships between the parts of a whole to see the entire context corresponds with being a holistic thinker. Concrete processing, on the other hand, involves looking more at the exact details of a situation and identifying the differences between these details and objects (i.e. the trees).

Being able to stand back and see the overall picture, but at the same time also able to embed yourself in the context to look at the more concrete reality seems more kids-play, but then in the difficult sense of the word kids-play.

The above makes clear that Hannah in her drawings considers both the trees and the forest in taking action. As adults, who often feel more comfortable within predictable boundaries rather than setting out on creative and rebellious explorations (Nayar, 2008), there are some lessons here to understand the art of leadership. As leaders, we need to be able to communicate in both clear and effective ways. We need to make clear why we are doing things, how we have to do it, and what we want to achieve. These three questions (why, how and what) require a kind of thinking that is fed by both an abstract and concrete mode of processing. This is not an easy thing to do because in the complexity of the business world, it’s easy to lose track of the vision when confronted with the details of the execution and vice versa. Being able to stand back and see the overall picture, but at the same time also able to embed yourself in the context to look at the more concrete reality seems more kids-play, but then in the difficult sense of the word kids-play. Indeed, the way kids move around the world by embracing both modes of processing allow us to identify the following dimensions relevant to being a more effective leader.

  1. Effective leaders can tell a story. This is important to be effective because a story that people can recognize themselves in promotes commitment to the idea and vision articulated. A story where both the big picture is clear and the details are nicely developed helps people to make sense of the situation at hand while at the same time appealing to their responsibilities. So, when engaging in story-telling imagine being a child drawing a story while being unlimited in how you want to colour the story.
  2. Telling a story is of course not enough. Once the story is out action needs to be taken. And, this is where kids are amazing examples. As I have witnessed many times, once Hannah has finished her drawing and the story line is clarified, the fun really starts. The idea now really comes to live and is continuously modified, which makes for the additional bonus that her parents sometimes have to listen to the story the entire evening, but every time the story is a little bit different. This ability to modify and adapt the story shows a high level of agility in a child’s mind and this is exactly what leaders need to do when dealing with changes. So, as leaders bringing your story and vision to life clearly should include an element of change itself. Indeed, as we all know, the only thing unchanged is change itself. As such, do not be afraid to modify your story to keep motivating people, but assure that the gist of the story remains.
  3. Of course, once a story is set into motion, the leader needs to stay confident and keep endorsing the direction that has been set out. This sense of confidence is something that kids in their favorite activities have abound. When Hannah has drawn a story, she truly believes in it. The story is hers and at that moment it defines her. It is who she is. She believes in it and she does not lie, she represents the reality as it is and she adds things to it that we as adults do not pay attention to anymore (seeing the invisible).
  4. Finally, motivating a group of people means that one also needs to work with diversity in the team. And, this is where the dual model of processing comes in handy, because likely your teams are composed of individuals using one of these two modes. In a similar vein, this diversity also reflects the cultural dimensions that many business leaders in today’s globalized world have to deal with. Interestingly, within the psychology literature, the more abstract reasoning (holistic) where the context at hand is focused on is suggested to be more present in collectivistic societies (a proxy for most Asian countries) whereas the focus on more concrete processing and analytic ways of looking at the world is more present in individualistic societies (a proxy for most Western countries). Studies have indeed shown that, for example, participants from East-Asia spend more time focusing on the context of an image, whereas participants from the US were focusing on the details of the image (Chua, Boland, & Nisbett, 2005).

These four dimensions that are clearly present in kid’s play potentially outline what leaders can do to promote a dual way of looking at reality when motivating others:

  • Be a participant of the story but also an observer at the same time
  • Be comfortable with changes
  • Stay authentic and tell the truth (honesty)
  • Accept diversity and work with it

Finally, and interestingly, these suggestions do not only help us to activate the child in ourselves to find our own leadership abilities (Nayar, 2008), but also can uplift us to transcend a specific context and culture. Indeed, as we noted earlier, these two modes of processing (abstract versus concrete) correspond with the way Eastern versus Western societies look at reality (i.e. context-oriented versus detail- and object-orientated). As such, the abilities of our children may therefore fit well with the skills needed to facilitate leadership in a globalized world. As it has always been the case, children are the future, and this also seems to be the case in the field of leadership in today’s world.

About the Authors

David De Cremer is Provost Chair and Professor in Management and Organisations at NUS Business School, National University of Singapore, a former KPMG endowed Professor in Management Studies and current honorary fellow at Cambridge Judge Business School, and a fellow at St. Edmunds College, University of Cambridge. He is also the founder and Director of the Centre On AI Technology for Humankind. He is named one of the top world’s top 30 management gurus and speakers in 2020 and is a best-selling author with his latest book being on “Leadership By Algorithm: Who Leads and Who Follows in the AI Era? His personal website: www.daviddecremer.com

Hannah De Cremer is an enthusiastic four-year old exploring the world by asking questions, testing ideas and wondering about life’s deeper meanings like the necessity to bring the entire Sylvanian family together. She is a global citizen (UK, Singapore) with a multi-cultural identity and foundation (Belgium, China, India). Early on she became interested in unfolding the reality of perception by focusing on her versus other’s interests. Young of age, she also served as an inspiration for the book “Leadership by Algorithm: Who leads and who follows in the AI era?

 

References

  • Chua, H.F., Boland, J.E. & Nisbett, R.E. (2005). Cultural variation in eye movements during scene perception. Proceedings of the National Academy of Science, August 30, 102 (35) 12629-12633
  • Nayar, V. (2008). What leaders can learn from children. Harvard Business Review, November 10.
  • Smith, P., & Trope, Y. (2006). You focus on the forest when you’re in charge of the trees: Power priming and abstract information processing. Journal of Personality and Social Psychology, Vol. 90(4), 578 –596

Proven Ways to Increase Workplace Productivity 

Boosting productivity has always been the holy grail of business growth. That being said, achieving maximum efficiency is a tall order for most organizations. There are too many factors involved that simply eat away at productivity. 

The good thing is that there are ways to solve most of these issues and boost the productivity of your team by a significant margin. Join us as we go over some of the most popular methods that could help you in this effort! 

Streamline Communication

Communication, or lack thereof, is one of the main causes of low workplace productivity. Every organization, no matter how small or large, has to have clear vertical and lateral lines of communication. The orders and tasks coming from the top have to be concise and clear.

If you have a constant stream of questions and calls for clarification every time you receive or issue a work order, there’s something wrong in your lines of communication. All of these redundant feedback costs a lot of time, makes work difficult, and is generally inefficient. 

Be Efficient with Your Meetings 

Meetings are necessary. There’s no way around them in an organization that has more than one department. However, how you conduct and organize the meetings can definitely impact the productivity in your workplace. The golden rule of thumb here is to never call a meeting for something that can be done via email

Emails are an awesome and often underutilized tool that can solve most of your organizational problems. There’s no need to call a meeting for everything. Save meetings for special occasions where face to face communication is key. 

Workplace Organization

The way your offices are organized plays a major role in workplace productivity. Office fitouts exist for a reason and finding a proper one for your organization can completely transform the efficiency of work being done in your workplace. Of course, the nature of the work has to be taken into consideration when figuring out what kind of office layout you want. Design studios and similar creative environments thrive in open office spaces where it’s easy to reach out to other people around you. 

On the other hand, more data-oriented workplaces where data crunching makes up for most of the work being done, benefit from cubicles and isolated workspaces. 

Delegate Tasks 

Delegating tasks is one of those skills that can greatly improve the productivity of individuals as well as entire organizations. Knowing when to pass on a task to someone else can be tricky for some. We all have our own ways of doing things. Entrusting someone else with a task takes trust. 

This brings us back to communication. Trust is built on clear communication and is at the very core of any organization. 

If you’re a manager, you need to learn how to delegate tasks to people in your team. The same applies if you’re higher up the chain of command. The only real difference is that you need to encourage delegation of authority to your subordinates and low-level managers. Once the entire team is on the same page, workplace productivity will skyrocket. 

Get Rid of Distractions 

Distractions are a massive issue in just about every workplace. It’s also a fact that distractions come in all kinds of shapes. Getting rid of distractions is easier said than done. We aren’t machines, hence we can’t behave like ones, at least not for long. 

However, removing distractions by limiting your employee’s freedoms is an unsustainable strategy. Blocking social media, a no-phone policy, no browsing policy – all of these have proven to be inefficient ways of curbing workplace distraction. 

A much more effective way to approach this issue is to make the work more engaging. If your employees are interested in their work, they won’t pay much attention to their phones or social media. This is the only real way to deal with distractions. 

Strap In 

Boosting workplace productivity takes time. It’s not something you or anyone else can rush. In fact, boosting workplace productivity is a matter of building a healthy workplace atmosphere and promoting healthy work habits. An organization that rewards its employees for the hard work they do, using both conventional means such as salaries, and non-conventional means, is productive. 

The fact that you’ve recognized the problem in your workplace is the essential first step towards finding a solution. Your job now is to lay out a plan of attack and start implementing changes that will ensure a long-term boost in productivity. We hope that these tips we’ve shared with you today will put you on the right path towards achieving this goal. 

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