This Is The Time To Think About Your Business

For a business corporation highest priority is given to cutting costs so as to increase productivity and the flow of revenues

. Many a firms come down to applying cost cutting techniques from the top level to the very ground level which should be given a second thought. Changes should be brought in specific departments which can bear the load of cost cutting. Different formulas practiced in various firms like office hoteling, withdrawing certain privileges from the employees, transferring funds from various sections, chasing debtors, restricting business related travel, reviewing utility costs, making certain processes automated and considering outsourcing.

Among these offices hoteling is a effective method engaging processes which encourages employees to reserve work desks or certain resources they think they would need in due course of time. It can be of enormous help when a corporations larger workforce continues to be on the move like for example sales persons or consultants. It also gives sufficient freedom to employees as they gain flexible working hours, save commuting time and expenses which in return give a healthy boost to their social/work life balance. These models run on a first come first serve basis and are an excellent method to cut down on costs without affecting employees morale. These models are preferred by many a business organization keeping their financial health in mind as it significantly reduces the square footage of the work space contributing to saving of revenues.

Employees in positions like sales, accounting, project management and consulting may find hoteling a boon for themselves as it provides them with the much needed freedom from strict work hours. It offers them flexi timings; this may become a problem to some persons whose job is to administer others as they will not be able to look over shoulders of other employees to check if they are doing their work properly or not. Like every other model only implanting these model is not enough the firms need to make sure a couple of things to let this model succeed in what it does best, cutting costs. First they need to implement hoteling as a part of facility management aims and goals. It may include Facility management software and other related things. The office should be organized in advance before implementing the hoteling model.

And last but most important things for business companies to remember is the sacrifice made by the employees when they agree to adhere to the hoteling model, recognize it and reward it accordingly which will enrich the boss-employee relation in the long run.

by: rob will

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