Your Business Is Doomed ! – Here is why…

WebHR_EmbraceTheChange

 

“Winter is coming” – No it’s spring actually, so you can smile! The agonies are finally over, or are they?

Look around you and try to absorb the fast pace of change, if you haven’t been to a public park in a long while, now is your time to go sit in the sun ( like the one we have here in California )

Coming back to what I want to share with you, if you haven’t had a reality check I want to send you to a verbal intervention, shake you up a bit. If you own a business, buckle up! I want you to rise from your sweet slumbers and witness the global shift in the way businesses work these days.

There was a time when big corporations ( the sharks) reaped all the benefits and dominated in every area you can imagine.

Fast forward to “today” where we see startups and small companies taking over the world. Something that was unimaginable 10 years ago.

Imagine, what your company is doing with 50 employees and the same is done by a 3 employee company, even more efficiently, what would you do?

Scary! isn’t it?

Sears, JC Penny, RadioShack etc these are the outlets we millennials have been visiting since we were  small kids, looking at them fading away today just breaks our hearts.

How to save them?

After every few decades, there is a paradigm shift, that changes the whole scenario and if you are not fast enough to move to the next paradigm, you will be left out.

AI, AR, VR, ML, NLP – Are these all just buzz words? I don’t think so, I think you cannot step into the future without them.

If your company does not board this super sonic flight of innovation, it will bite the dust and evaporate eventually.

In today’s age if your company is not well equipped with tools of technology, a startup will eat your lunch and eventually replace you.No matter how harsh it sounds, this is the reality. Kind of like what Uber is doing to the Taxis and AirBnB is doing to the hotels.

“You can run, you can hide but you cannot escape this apocalypse”

So, what is it that you are missing out on?

And what can you do to make sure, your company lives to see another day ?

  1. Get WebHR, sit back and relax and “walla” you are done! – “NO!” JK! There is much more that you have to do, Such as –
  2. Equip with technology in every possible way
  3. Go mobile wherever you can
  4. Meet remotely as much as you can
  5. Cut your costs and avoid extensive cash burn
  6. Automate! automate! automate!

Technology:

Fifteen years ago, businesses without a website were considered as stone-age companies, of course your business has a website today but does it have a chatbot?

Chatbots are a great way to engage with your customers by not hiring, expensive support team.

Of course a chatbot cannot replace a human but trust me, it can handle 60% of their tasks efficiently. The way 1-800 replaced a lot of customer support representatives 10 years ago. Today chatbots are replacing 1-800s

Go Mobile :

If your business is tied to a building, you should consider going mobile wherever you can. Gone are the days of brick and mortar, lets not forget, that every individual is equipped with state of the art smart phone in their pockets, who wants to have access to your business even when they are pooping!

 

Meet Remotely :

GoToMeeting, Xoom, Skype, Hangouts, etc these are some of the ways we are suppose to meet people these days, rather than flying or driving – That’s so yesterday !

Technology has made communication so fast and efficient that you can have a meeting with a prospect client based in Japan at 9:30 am and with another client in San Francisco at 10:00 am.

I met a few people probably in their 60s last month and they were constantly flying back and forth to meet their clients, result? They were out of business soon! I say cut the cost and cut the crap!

Avoid Cash Burn :

Let me just ask a simple but very important question, “Do you have to hire expensive HR people, when you can do the same for just $50 Amazon Echo device? ”

Think of cost cutting, a drone can bring versus the delivery guy. I feel sorry for all the jobs that technology will cut  – but this is unavoidable!  Time and again we have seen and witnessed the downfall of large corporations with more employees than some countries in this world, some of them just hiring to look bigger and the rest to burn the cash they got from making a fool out of wealthy people. The amount of pain and agony that some very dedicated teams have to go through, when the companies realize that they don’t have enough to have such large teams and begin their process of downsizing. The anger and resentment is just part and parcel of those procedures.

 

Automate :

Every industry is taking enormous advantage of automation revolution. Why should the small and medium companies be left out? If I must say, this is your chance to compete directly with the big bosses or the large enterprises. Regardless of what industry you are in, you can make a huge impact and set the sails of success in the right direction. This is when you define the character of your company by displaying the kind of ambitions and motto you follow. Be a champion by embracing the innovation and the boon of triumph will be served to you in the golden platter.

 

Technology is the only enabler that has brought everyone on the same page. Today any small or a medium company can buy sophisticated software, that were only affordable by large enterprises few years ago. Software as a service ( SaaS ) is becoming the de facto or mainstream choice for the companies, to acquire all of the latest tools at the fraction of a price.

You too, can survive the wave of innovation and stay afloat by using it as your “life buoy”

 

How Loyal Are Your Employees ?

employeesloyaltyThe workplace science and chemistry is directly reflective of inner harmony or devotion of an employee towards their employers. A strong allegiance often is a result of constant and untiring efforts on both, the employee and employers end. As of today, hiring is not that big of a hurdle as compared to engagement and retention of the best talent on the team. The feeling of belonging and merging with an environment comes with understanding and working with different mindsets. An attitude that emanates a sense of interest in the idea of commitment towards the employer, a sense of duty that clearly embodies that no employee should knowingly or willfully bring harm to the employer’s business or have conflict at work, that is due to the polarity of their self interests.

As businesses mature and companies go through phases of metamorphosis, it generally becomes more complicated to practically achieve this balance. A growing and successful business is more often a result of multiple tough decisions and a constant wave of restructuring, hiring, firing and resizing teams. In the midst of all that craze, any layoff can become an ugly next day news headlines.

We have seen this happening now, more than ever that with a wave of dozens of large companies that managed to hire too fast, without analyzing practical expenditures Vs. true earnings, had artificially inflated valuations. All of that drama is coming to an end and we have observed some of the very popular companies crumbling under such pressures by being carelessly extravagant. Then begins a cycle of layoffs, resulting in angered employees, who would magnify any discrepancies a company has; sometimes publicly in press.

A bad press is what scares many large corporations, or we must say that it should. There are many examples that we can directly relate to, Theranos, Zenefits and Uber top the charts for controversies and employee dishonesty. The problems were not mainly related to employee loyalty but a major set back happened due to that. I always say and stress on this, that if honesty pays back, dishonesty can bite back when one’s least expecting it. To expect a loyal and honest employee that you could present as a gold star standard, the leadership in a company must portray a major share of those traits itself, to ensure that it is a give and take scenario. If this sensitive equilibrium is not maintained, a back lash can hit hard. Many companies don’t realize the implications of downsizing , it doesn’t just immensely mar their image but the benefits they expect to reap from that restructuring are too little, as compared to the negative vibes emerging in the market about them. A loss of trust and respect are the major areas where the race is lost. It is a better approach, we must say, to build business with a hiring process that is not fueled and forced by the investment or profit but rather is more focused towards the goals it meets, through a number of employees that is just “enough” for its needs. Hiring a team, to look powerful and influential or just because some investor pumped more money into the business, makes no sense.

We are an impatient society that has weird ideals and want quick results, even if that means you need to fake it at times. “The growth at all costs” does not necessitates that one deals their conscience for money. The founders who rise above and beyond that notion, not just acquire that equilibrium but earn a long lasting employee loyalty.

How many times do we see employees actually beginning businesses that are in direct competition with an employer, steal business secrets, unlawfully take confidential customer lists and supply them to the competitors, lure the existing customers towards a new business, some even conspire and cause massive resignations of the key employees from the company( e.g the Co-founder of hyperloop ), delaying a deal intentionally so that they could direct it to their maturing business, vandalizing records or computer files etc. All these actions are however, crimes punishable by law but by the time the law gets to them a substantial amount of harm has already been caused.

To put an employee’s duty under a proper law and boundary a  mechanism is in place and this law is called a “Uniform Trade Secrets Act”  This act clearly hinders any embezzlement of trade secrets by illegal means.

There is a wide array of laws in this regard like:

  • Computer Fraud and Abuse Act ( CFAA )
  • A non-competition clause, also called a ” non-compete clause, a restrictive covenant, or a covenant not to compete”
  • A non-solicitation clause
  • A confidentiality clause
  • A work for hire clause

The details of these clauses can be looked up, while no employer is immune to fraud and theft but a certain amount of research done before hand can save them from a lot of future trouble.

A few important guidelines to follow are:

  • Background checks, specially with teams that handle and maintain finances
  • Securing company’s financial records ( regular password changes )
  • Thorough review of the payroll records to check phantom employees
  • Adopt a code of ethics or policy manual that is publicly known by the employees
  • Try to get employee dishonesty insurance coverage

An employee’s loyalty is not just a definition of their personality, it is also a reflection of a good leadership guiding and training them to enhance the culture of a company.

Stepping Up Employee Engagement

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What does it take to have a dedicated, motivated and hardworking team that supports the very columns of your company ?

The answer is simple but technically the most difficult to achieve. “The Employee Engagement” – creating  a culture and understanding throughout the organization to uplift and equip your best talent.

How to reach that Nirvana?  The place where it is all hunky dory, with rainbows, unicorns and glitters, where there is an environment of motivation and success fueled by achievers and go-getters reaching far beyond their goals. The place where employees get a sense of ownership and responsibility, where gratitude turns into success of the organization as a whole.

The honest truth remains on a more obvious approach towards transparency and mutual trust, without creating a co-dependency. The process of liberating the employees, where checks and balances do not jump far off the fence and undermine their capabilities but rather enhance their existing skills.

Having said that, it reminds us to nurture a constant mechanism of feedback and learning where the communications are focused and bring out the desired outcome. The ” performance evaluation ” as the term goes is also entering into a completely new territory and is of a less judgmental sort and more of a learning and development activity. The solution lies in listening, observing and measuring how to create a symbiotic environment  between all tiers of the organization, displaying the best features offered by those employees.

The DNA OF A Successfully Engaged Team 

 

If the motives are always weighed as collectively, rather than individually and benefits are portrayed as a shared “success”, it will provide enough incentives to perform brilliantly and bring forth an energized and charged atmosphere, improving the workplace ambiance.  The purpose of boosted self-esteem can result in a constructive achievement of objectives. “The learn and develop” mantra can help groom the team for future challenges and teach them to co-operate at all levels and stages of the projects. A mechanism that is well oiled and working in coherence. The system where concerns don’t come out as arguments and promises of rewards don’t stay empty promises. I cannot stress enough on this, that employees are the company’s best ambassadors and represent the face of the company, so their well-being and prosperity is a company’s well-being and prosperity. They would not only promote and glorify the company’s motto but also deal with the clients more efficiently, binding them into a long term beneficial business relationship.

Small gestures and appreciation go a long way, a happy and emotionally stable employee would be more creative and would work faster, overcoming all glitches and improvising where hurdles come. Companies relying on constant innovation can benefit immensely from employees which stay tuned and focused rather than the employee who couldn’t think beyond working from paycheck to paycheck.

The more engaged the team at work is, the more chances of productive days and less absences and sick leaves. Employees get engaged where there is room for thought, consideration and realization. A workplace where culture, traditions and values are taken care of become the examples other would like to follow. If this scenario is achieved, an atmosphere is set for visionaries to be born and incubated to fill in the shoes of the leaders passing on this legacy.

The Deal Breakers

An array of behaviors, ranging from being over powering to being super-bossy might scare people and the term, keeping them “in-line” loses its importance. It is morally unjustified to keep employees tied up in errands that undermines their personal growth and engages them in an unpleasant, burdened and mechanical way of working. An emotionally upset employee might not utter something against the employer but the productivity and loyalty would certainly decrease over a period of time. Any kind of manipulative behavior might come under abuse, a very cynical and sarcastic approach can tarnish the company’s image in a paramount fashion.

Pointing out employee’s faults publicly can cause a caustic background and would put the members of the company in an awkward relationship with each other. Disappointment and resentment can never lead to a team that works towards the prosperity, as employees need a balanced leadership to guide them through different phases of the job cycles. Maturity and responsibility comes with setting examples that can be followed and adopted. Public ridiculing and humiliation are two zones, that if entered or ventured into might lead into the destruction of the very structure of the company. The only sensible way is to calmly work on the things that work and then encourage the employees to expand their skill sets.

Working with weaker parts of the team all the way up to the strengths and then letting them build the foundations of mutual association and team spirit to guide them through ups and downs of a company. These are the very basics of self-sufficient teams that can work independently.

The essential point that centralizes a gentle and understanding leadership to focus on building and strengthening the basic structure of the company is the “mainstay agenda” towards effective employee engagement.

 

 

Give Your HR A Face Lift

webhrposter33

 

The diversification of teams at workplace is increasingly bringing up a question, that most of the HR industry has not been answering –           ” why is there no cost-efficient high quality tool with zero set-up cost that works like a charm for small-mid-sized companies. The key is to not break their budget and still be profitable”  The answer is there is a huge void left in that space and there is literally no one out there that does that.

There is an evident need of an HR face-lift for years now. Flexible All-In-One Platforms are going to be the next big game changers. There is an urgency for HR solution providers to revamp their age-old practices. Larger Enterprise solution providers scare companies away with their over the top prices and complex, multi-layered, hard to get use-to set-ups, that require extra service charges. Everything seems to be a trap, so the customers are paying a lot for too little. The other softwares offer limited HR services and leave huge gaps, leaving no choice for small-mid sized companies. Expensive is better, is no longer true these days, since there are cloud based SaaS solutions to solve that.

WebHR ( http://webhr.co ) is one of those unique All-In-One HR platforms that has an ample of capacity to customize itself according to the needs of its customer base. Rapid innovation, has set WebHR apart from mediocrity of slower more traditional platforms, charging ridiculous price from the customers. WebHR incorporates innovative techniques to tackle this and has been handling way more pain points than any other HR  operating model. It has become an “HR Manager” for companies that have just started and don’t even have an HR department, to going as far as an “internal HR consultant”, that replaces a whole team of people required to define talent practices. It has become the planning expert, analyst and an internal auditor, solving all problems at once. WebHR is innovating at a rocket pace using AI and automating things that have never been automated in an HR software before.

Data science has become an integral part of the face-lifts and WebHR has been researching the future prospects continuously. The new workforce around the globe is treading the margins and has crossed into a territory, where laws and rule books have to be re-written accordingly. The change is evident in the cultural and gender diversification including the dynamic nature of their job titles.

WebHR is the true digital HR that the markets have been searching, as it knows how to evaluate the trends and shapes it accordingly, designing enhanced tools for a better, more engaged and closely knit DNA of a team structure at at work. Allowing them to communicate through HR in a fun Facebook kind of way and still perform their hard-core HR activities with ease. WebHR’s fluent and easy app, is now the most reliable HR platform existing. WebHR is a platform that a company seeks when their employees join, to their exit, to even after they leave. This is by far, the most detail oriented platform to ever surface.

The perfect feedback is that, it is easy to use, since WebHR managed the difficult and intricate part of making it user-friendly at the back end, so that what shows at the front is a superior,  flawless,and fluent UX. A frequently noted feedback is that they haven’t seen anything like it. WebHR’s amazing advancement in AI and NLP has been ground breaking and people in this industry need to watch out for WebHR, as it is paving its own way to the top.

WebHR has a way of transparent goal setting, performance management, evaluation and enhancement, anonymous employee data converted into analytical reporting , access and evaluate data that the top management of a company wants to see , employee wellness, document sharing, advanced tool for on-boarding and managing different types of employees, mobile time and attendance, e-tracking, e-signatures, benefits management and a lot more. It  has forced the CEO’s to be more connected to their teams and conduct evaluations and surveys to generate a vibe that says, there is a sense of harmony across the team.

WebHR has stepped into uplifting the user experience and incorporating futuristic practices. WebHR is all ripe to disrupt this industry and is going to do it faster.

 

 

WebHR: A Success Story

WebHRPoster30Like all SaaS startups, there was always a dream to make it “better” than ever before. A young aspiring graduate from the University of Minnesota relentlessly worked day and night and found out that his path is not normality in life but chaos.

Back in the days when SaaS and cloud was not heard of, an idea was tested in a third world country,  heaps of files with paper based records and ancient office norms for HR were completely changed. Some times, giving away the software for free to hundreds of not for profit organizations and educational institutes. The only reason for this madness was to upgrade the existing practices and putting these countries in line with Advanced technology of the world . The lunacy was not to have left the dream jobs offered at the most reputed companies but to build a ground breaking All-In-One Social Cloud Based HR that caters to everything from Hire to Retire. The day day it was launched, it received its first ever paid clients from three major countries of the world. Then there was no stopping it, revenue and money had never been an objective, the objective was to make things affordable, to provide what no other does and bring high quality advanced technology in different languages to the world.

WebHR, a first ever Scoial Cloud HR was created that spread its existence to 193 countries without any marketing tactic or expenditure. The path to success was innovation, changing and putting it at a pedestal where only some very reputable companies exist. With a team of ten to twenty dedicated people to begin with, our relations with our customers were not just strong but very personal, sometimes extensive training , which to this date usually costs them nothing, were given round the clock. The team would work diligently  in different time zones with little or no sleep. A “lean methodology” was our mantra and “Steve Blanks”our GURU. We were our own brand ambassadors.

Our freemium model, which was very  useful for thousands of companies around the world with ten or less employees was an instant success and conversion rates were phenomenal. We had zero people on marketing to begin with, as it was completely boot strapped and couldn’t afford expensive and fancier tools. The organic growth came into focus, the more we improved and expanded the system, the more customers started pouring in. Integrations and apps were built, all using no money, just one big crazy developer with sleepless nights, making miracles happen. The retention rates were great, the burnt out team would celebrate every time a new country was pinned on the WebHR map.

Every customer had one single feedback, you are giving away a whole world of HR at a very little price. We would press them to criticize and create support tickets within in the system and that is how we built a great software. Making it so secure that it could handle a company as low as five employees and as big as 30,000 employees.

The user interface was a big winner, the designs and layouts were sleek, sophisticated and so neat that no time was spent to set up an account. WebHR kept security its priority and worked on it, as the data was of paramount importance for every company and specially us. Our A/B testing kept on going but we never annoyed our loyal customers, our vision is to create workplace harmony and provide a social interactive mechanism within a company, providing them room for progress and promote company culture at all platforms.

WebHR is built on the principles of organic growth and lean methodology which has been a success in every possible way, landing it a top HR category leadership position at Get App by Gartner Globally. It is being taught as a case study at American University of Dubai and several other universities. It is a product built with honesty and perseverance , aimed to take over the world of SaaS and cloud HR.

A Surprising Trend In SaaS

Five-Reasons-to-Consider-SaaS-for-Your-Business

Most SaaS companies have faced what’s called  “bubble” that has almost burst in the recent times. The lack of true growth and money flowing in through generous investors, who believed and romanticized with the idea of growth at any cost, has abruptly come to a cruel end. The lack of true profit being the culprit, has left many SaaS companies either going down the dreaded curve or some larger companies pushed into doing down rounds with investors ;as the perceived valuation goes down. What’s more surprising is , where did things go wrong?  Since, SaaS companies are known to stringently rely on hardcore metrics that are excellent indicators of a company’s progress. It sure is good for the general audience and some investors to judge a company’s progress based on its ARR and revenue per share and perfect for companies gone into public trading but the hard fact is SaaS is a lot different than just that.

The decisions based on the above stated facts can simply be disastrous. In olden days the ways were simpler for SAP and other giants, their revenues were solid representation of their earnings , like if a company would get their software for a year that would account to an addition to the company’s revenue as compared to software as a service model where the revenue and expenditure is completely mismatched.

Hence, the flow of cash is not what it seems for the SaaS companies. It is much tough, a lot of ease for the customer though as they pay once a month or a year at a time. For the older companies any upgrades to the software added a percentage to the existing cost of the license.

This trend leads to a whole lot of negative cash flow amounting to a longer time to reach a plateau where the customer actually starts paying for the software expenses. The more customers added to a SaaS model only lead to more diversion of the curve until a point comes when it starts gaining a bit of the momentum on positive aspect.

A newer SaaS startup has a lot more to catch up than just align with the cash flow. Investors mostly have little or no knowledge about the SaaS models with the exception of a few. A few brave enough to delve deeply enough to get success at it, specially Jason, Skok and Mark Suster. They bring a welcome change to he scenario and a have a deeper understanding of the SaaS companies than anyone out there. Their word of mouth and endeavors to make things easier for newer companies is commendable.

SaaS companies are evolving at a much faster rate than any traditional company and hence, it is better to bet your money at an advanced system that has more room for improvement and spends lesser cost on research, for SaaS the scalability is more profitable as the “one version” software is easy to upgrade and fix. The support and I always say, customer support is an epitome of success. Why do the recent wave of entrepreneurs and investors get excited by SaaS, its only because the customers have an odd but a very reasonable desire to stick to SaaS models and once a company signs up with them, they are theirs to play with. The top tier involvement in the company’s decision to adopt a certain system has brought in more space and adjust-ability to more educated and evolved SaaS products to come into focus. Thus, most companies hardly ever rely on IT alone to make such decisions.

SaaS companies are usually way more transparent in their billings and operations as they strictly  follow all metrics involved, be it CAC, LTV, Churn or deffered revenue.

The news some times might get scary for SaaS companies but some of them are scaling, taking huge market chunks and just know their maths. These small SaaS companies have a desire and will probably take over the corporate world.

 

 

WebHR raised rank in HR Leader category Globally by Gartner’s GetApp

Last week, Get App by Gartner released its quarterly ranking and WebHR is proud to announce that it was included in the top 25 HR Leaders Category. WebHR has had a continuous  upwards trend at Get App and has moved to #2 this quarter.

getapp_category_leader@2x

The unique five factor scoring, worth 20 points each, for a total possible score of 100. These factors include user reviews, integrations, mobile app availability, media presence and security. These being WebHR’s strong fortes moved and pushed it up the slots, in the midst of some great competition. Get App is pretty transparent and is independent of commercial interests and existing relationships that Get App has with App vendors.

Top Human Resources (HR) Software 2016 | GetApp

WebHR is a cloud based social HR that handles everything from Hire to Retire used by over 15,000 companies in 193 countries Globally. WebHR is a fully developed and trusted app, with multiple interfaces, such as web app, iOS, Android and windows 8 app. It is available in multiple languages such as English, French, Spanish, Arabic, Chinese & Turkish.

SaaS HR is a 22bn industry and it is estimated that by 2020 80% of Fortune 1000 companies will replace their existing HR software and adopt  a more futuristic and SaaS based HR. That is where WebHR comes in . It is a cost effective, feature rich HR solution, which handles complete recruitment, payroll, comprehensive graphs, performance reviews, leaves & attendance, employee tracking, time tracking, extensive employee profile, auto reminders and a detailed online job portal.

WebHR is destined to be a primary HR tool in the cloud

WebHR Cloud

 

HR Evolution And Employee Engagement

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Talent management is a risky business and a lot of HRS rolled out in the market are not addressing the issue. the Human Capital Trends of the coming year are more focused towards redesigning the way companies work. The companies are wrestling to uplift their employees and create more opportunities to work towards evolving leadership.

The emerging desire to delve into the core HR dilemma, is to simplify the environment at work and taking the stress off the employees by cutting down on exorbitant amounts of information. There is an evident void when it comes to skillful leadership and world may start paying attention to that deficit as it moves on.

The shared learning mechanism has to amalgamate itself with corporate learning and eventually acquire the goals an organization is aspiring to achieve. The metamorphosis has to swiftly start working to close on the gap and drift towards the rising trends of more and more employee engagement so that the retention rates could improve. The specific targeted theme of a common company culture with uniformly inspiriting and empowering the people can be achieved.

A smart and capable HRS must have the capacity to deal with the hourly/contract workers and the complexities of dealing with their benefits etc. The present day talent is a lot different and needs to be catered to, more sensitively regarding the way it is evaluated, specially when the said employees have a temporary status in a company. The nitty gritties of scaling up with an explosive growth for an HCM is just as important as its services, the system must acknowledge that and respect it. The world has seen a rise of systems that rose too quick and collapsed under a heaps of such pressures.

The key is to move at a steady pace solving the real pains and not  mixing it up with insurances and benefits, since an HRS is there to solve more of the core HR related issues rather than being a broker. To deliver more than that, it is more of a race to be more compliant towards the things that matter, like innovative performance evaluations , engagement and leadership development roles. It must deliver value and strengthen the business by serving the company’s employees and forming well-oiled, well synchronized teams, fueling a mechanism of innovation and harmony.

A fine balance between a more sophisticated system and a more perceptive one is what can create monetary worth and a platform for employees to be more engaged, equipped and developed.