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Recruiting strategies and techniques for craft businesses: finding and retaining talent

11/27/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Finding qualified craftsmen and professionals can be a challenge for craft businesses, especially considering the shortage of skilled workers in many industries. An effective recruiting strategy is crucial to finding and retaining the best talents in the long term. In this article, we will highlight various strategies and techniques that craft businesses can use to successfully attract new employees.

1. Online Job Postings:

Post your job openings on online job boards and your own website. Ensure that the ads clearly outline the requirements and benefits of the position.

2. Utilizing Social Media:

Platforms like LinkedIn, Facebook, and Instagram can be used to raise awareness of job openings. Share images and stories from your business to engage potential applicants.

3. Referral Programs:

Encourage your current employees to refer potential candidates from their network. Employees who provide successful referrals could be rewarded.

4. Collaborations with Trade Schools:

Collaborate with trade schools and educational institutions to attract talented apprentices and graduates. Offer internships and apprenticeships to get to know talents early on.

5. Building an Attractive Employer Image:

Invest in a positive employer image. Showcase that your business is a great place to work, emphasizing career opportunities and training programs.

6. Networking and Industry Events:

Attend industry events and craft fairs to personally meet potential candidates and build relationships.

7. Interviews and Trial Work:

Conduct thorough interviews and offer potential employees the opportunity for trial work to assess their skills and fit with the company.

8. Incentives and Compensation:

Provide competitive compensation and additional benefits such as insurance, retirement plans, and training opportunities to enhance your attractiveness as an employer.

9. Flexibility and Work-Life Balance:

In an era of increasing demand for work-life balance and flexible working conditions, a willingness to meet such needs is a significant plus for craft businesses.

10. Training and Development:

Offer training and development opportunities to promote the growth of your employees and give them the chance to advance their careers.

11. Employee Retention:

After finding qualified employees, it is crucial to retain them. Focus on good employee retention by creating a supportive work environment and acknowledging good work.

The competition for qualified craftsmen and professionals can be tough, but with the right recruiting strategies and techniques, craft businesses can attract and retain the best talents. Remember that the search for new employees is a continuous process that contributes to the long-term success of your business.

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Social commitment and corporate social responsibility (CSR)

11/20/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

In a world that is constantly changing, corporate social responsibility (CSR) is becoming increasingly important. Companies not only bear economic responsibility, but also social and environmental responsibility. In this article, we will shed light on the importance of social engagement and CSR for companies and how they can have a positive impact on society.

What is Corporate Social Responsibility (CSR)

CSR refers to the voluntary efforts of companies to consider the social and environmental impact of their business activities and to promote positive change in society. CSR encompasses a wide range of activities and initiatives, including:

Environmental protection: Companies can take measures to minimise their environmental impact, such as using renewable energy, reducing waste and protecting natural resources.

Social responsibility: Companies can support programmes to promote education, health, gender equality and poverty reduction.

Ethics and transparency: Companies can promote ethical business practices and transparency in relation to their activities and decisions.

Employee engagement: Promoting a positive working environment, recognising and training employees and ensuring fair working conditions are important aspects of CSR.

Why is CSR important?

CSR is important for companies for various reasons:

Reputation and brand value: Companies that are committed to social and environmental issues can strengthen their reputation and brand value. This often leads to increased customer loyalty.

Risk mitigation: By considering social and environmental risks in their business strategies, companies can reduce potential legal, financial and operational risks.

Access to capital: Investors and financial institutions are showing increasing interest in companies that adopt CSR practices. This can facilitate access to capital and investment.

Employee engagement: CSR can increase employee loyalty and satisfaction, which has a positive impact on productivity and the working environment.

Examples of successful CSR initiatives:

Sustainable supply chains: Companies such as Patagonia and Fair Trade are committed to fairer working conditions and environmental protection in their supply chains.

Promoting education: Microsoft is committed to promoting education and access to technology worldwide with the "Microsoft Philanthropies" initiative.

Health initiatives: Novartis provides life-saving medicines at affordable prices in developing countries and is committed to fighting malaria.

Environmental protection: Unilever has committed to using only renewable energy and reducing the carbon footprint of its products by 2030.

Conclusion:

Social commitment and CSR are crucial elements for companies that not only strive for economic success, but also for a positive social and environmental impact. Companies can create real value for society through CSR initiatives while benefiting in the long term from a stronger reputation, better employee engagement and more sustainable business operations. In a world where social and environmental challenges are increasing, CSR is becoming an integral part of responsible and sustainable corporate governance.

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SWOT analysis: strengths, weaknesses, opportunities and threats

11/17/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

The SWOT analysis is a tried and tested tool in the world of management and corporate strategy. It provides a structured method to assess a company's internal strengths and weaknesses as well as external opportunities and threats. In this article, we will explain the basics of SWOT analysis and how it helps companies make informed decisions.

What is a SWOT analysis?

The abbreviation "SWOT" stands for Strengths, Weaknesses, Opportunities and Threats. A SWOT analysis is a systematic assessment in which these four factors are analysed in order to obtain a comprehensive picture of a company's current situation.

Strengths (strengths):

Strengths are internal characteristics and resources that give a company a competitive advantage. These can be, for example, specialised expertise, qualified personnel, efficient processes or strong brands. Identifying strengths helps a company to utilise its core competencies.

Weaknesses (weaknesses):

Weaknesses are internal factors that can affect a company's performance. These include, for example, insufficient resources, inefficient processes, deficiencies in product quality or problems in the corporate culture. Identifying weaknesses enables a company to work on removing these obstacles.

Opportunities:

Opportunities are external factors and trends that a company can utilise to grow and be successful. These can be changing market conditions, new technologies, untapped target markets or partnership opportunities. Identifying opportunities helps a company to adapt its strategy and tap into new sources of growth.

Risks (threats):

Threats are external factors and trends that can affect a company's performance. These include, for example, increasing competition, changing customer preferences, regulatory changes or economic uncertainties. Identifying risks enables a company to take countermeasures at an early stage and prepare for potential challenges.

How is a SWOT analysis carried out?

Conducting a SWOT analysis requires a thorough examination of the internal and external aspects of the company. This can be achieved through internal workshops, interviews with employees and customers, competitor analyses and market studies. The results are typically presented in a SWOT matrix or table that clearly shows the company's strengths, weaknesses, opportunities and threats.

Benefits of a SWOT analysis:

A well-conducted SWOT analysis enables a company to understand its position in the market, set strategic priorities and make decisions on a sound basis. It serves as a starting point for developing business strategies that maximise strengths, eliminate weaknesses, exploit opportunities and mitigate risks.

All in all, the SWOT analysis is an indispensable tool for companies of any size and in any industry. It provides a clear structure to improve strategic alignment and ensure long-term competitiveness.

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Employee satisfaction and engagement: team leadership and team building

11/16/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A satisfied and committed workforce is a key success factor for any company. But how do you achieve employee satisfaction and engagement, and how do team leadership and team building influence these crucial aspects? In this article, we look at the importance of team leadership and team building in increasing employee satisfaction and engagement.

Team leadership:

Team leadership is key to creating a positive work environment and boosting employee satisfaction and engagement. Here are some best practices for effective team leadership:

1. Communication: Open and clear communication is essential. Managers should speak regularly with their employees to clarify expectations, provide feedback and discuss concerns.

2. Support and coaching: Managers should actively support and coach their employees. This means recognising and promoting their individual skills and development potential.

3. Delegation: The ability to delegate responsibility is crucial. Employees who can take on responsibility feel valued and engaged in their work.

4. Recognition: Recognition and praise for good work are important motivational factors. Managers should recognise and publicly acknowledge the achievements of their employees.

Teambuilding:

Team building activities are an effective method of strengthening collaboration, cohesion and trust within a team. They make a significant contribution to promoting employee satisfaction and commitment. Here are some ways in which team building can improve the working atmosphere:

1. Build trust: Team building activities help build trust among team members. This is crucial for positive collaboration.

2. Improve communication: Team building encourages communication between team members. Better communication leads to fewer misunderstandings and conflicts.

3. Conflict resolution: Team building can help develop conflict resolution skills. When team members get along better, employee satisfaction increases.

4. Sense of togetherness: Team building activities promote a sense of togetherness and strengthen team awareness. Employees who feel part of a team are more likely to be committed and motivated.

5. Fun and relaxation: Team building can also simply be fun and provide an opportunity to unwind from everyday working life. This helps to relax and increase employee satisfaction.

Conclusion:

Team leadership and team building are crucial elements for increasing employee satisfaction and engagement. Managers should provide supportive and communicative leadership, while team building activities promote team cohesion and strengthen interpersonal relationships. A happy and engaged team is not only more productive, but also more loyal and motivated to achieve the company's common goals. Companies that invest in team leadership and team building reap the long-term rewards of a positive work culture and engaged staff.

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Cloud-based PR software - What are the advantages?

11/16/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Centralized management: cloud-based PR software enables organizations to manage and track their PR activities in one central location. This allows PR staff to use their time more effectively by accessing all relevant data in one place instead of multiple locations.

2. Access to real-time data: Cloud-based PR software allows organizations to access real-time data, which enables PR staff to respond more quickly to inquiries and requests and make faster decisions.

3. Cost savings: Cloud-based PR software enables organizations to save money by eliminating the need to spend on maintaining and updating software on PCs or servers.

4. Mobile access: cloud-based PR software enables PR staff to access their data from anywhere, so they can do their work on the go.

5. Social media integration: Cloud-based PR software integrates social media platforms so PR staff can easily access relevant data and insights via social media.

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