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	<title>TellerFest &#187; Management Portal</title>
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		<title>Performance Management Software and How it Can Increase Profit</title>
		<link>http://www.tellerfest.com/archives/2010/02/27/performance-management-software-and-how-it-can-increase-profit/</link>
		<comments>http://www.tellerfest.com/archives/2010/02/27/performance-management-software-and-how-it-can-increase-profit/#comments</comments>
		<pubDate>Sat, 27 Feb 2010 12:00:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business Performance]]></category>
		<category><![CDATA[Management Portal]]></category>
		<category><![CDATA[World Of Software]]></category>
		<category><![CDATA[employee assessment]]></category>
		<category><![CDATA[performance management software]]></category>
		<category><![CDATA[staff evaluation]]></category>

		<guid isPermaLink="false">http://www.tellerfest.com/archives/2010/02/27/performance-management-software-and-how-it-can-increase-profit/</guid>
		<description><![CDATA[Given today's economic state, saving money and optimizing your assets is the surest method of increase profitability. performance management software, while frequently overlooked, is a great benefit to corps hoping to do this.]]></description>
			<content:encoded><![CDATA[<p>The current economy requires that it is simplest to boost profits by reducing expenses, not a growth of income. With this in mind, let us turn to the many benefits of that best-kept secret of efficient companies, <a href="http://www.cornerstoneondemand.com/workforce-individual-development-plans">business performance management software</a>.</p>
<p>Armed with the knowledge of the abilities of your employees are, you can adjust your routines to optimize their effectiveness and consequently get the most from the business as a whole. The chief issue has traditionally been in finding and metricizing this information. Determining and keeping track of development through employee evaluation alone can turn into a significant hassle. First of all, you use employee evaluation techniques to assess and keep track of work performed by each employee. If this was done with established methods, you now have to examine all of this information by eye in order to set goalposts, and track future progress. Using performance management software, all you need to do is study the various metrics to pinpoint the ideal targets and then keep track of the employee&#8217;s development. With more useful information in less time, this is of course a cost saving measure before putting these findings to use. It&#8217;s also possible, of course, simply to use the software to record raw information like performance review forms and to examine these items yourself.</p>
<p>Needless to say, it isn&#8217;t just the efficiency of employees that can benefit from advice from performance management software. It can also be valuable to study clients and suppliers to be better able to reduce costs by precision ordering. It&#8217;s easy to check which suppliers stock higher quality products, for the best prices and also distinguish those with high rates of damage or slow delivery times.</p>
<p>When it comes to your retailers the software can help there showing you just who sells the most of your products, any loss percentage and any similar negatives, and acting as a reminder of any payment issues. This information is useful in minimizing expenses and boosting profits. As well as this, a greater awareness of your market will make for easier planning for your marketing.</p>
<p>Watching both market and suppliers is smooth sailing with performance management software. In tandem with regular talent assessment and employee reviews such tool can help streamline staff performance management dramatically. All in all, the potential of this system is endless and depends entirely on your creativity and ability to use the information to your advantage&#8230;</p>
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		<title>The Essential Primer on Performance Management Software</title>
		<link>http://www.tellerfest.com/archives/2009/12/26/the-essential-primer-on-performance-management-software/</link>
		<comments>http://www.tellerfest.com/archives/2009/12/26/the-essential-primer-on-performance-management-software/#comments</comments>
		<pubDate>Sat, 26 Dec 2009 08:31:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Management Portal]]></category>
		<category><![CDATA[World Of Software]]></category>
		<category><![CDATA[employee assessment]]></category>
		<category><![CDATA[performance management software]]></category>
		<category><![CDATA[staff evaluation]]></category>

		<guid isPermaLink="false">http://www.tellerfest.com/archives/2009/12/26/the-essential-primer-on-performance-management-software/</guid>
		<description><![CDATA[Let's not forget that in addition to increased income, profits can be boosted by minimizing costs and encouraging better use of time. One asset often forgotten is superior business performance management software]]></description>
			<content:encoded><![CDATA[<p>There&#8217;s more involved in making money than just the income &#8211; you need to be making money cost-effectively. This brings us on to the many benefits of performance appraisal software. Business optimization calls for comprehension of the specialties and weak areas of its employees; where do they do their best work? How can your system adjust to take advantage of their strengths and suppress their weaknesses? There can be no more important question. The core issue lies in identifying and metricizing this information.</p>
<p>Defining and tracking progress through employee appraisal on its own can turn into a significant amount of work. First, you use employee performance management reviews to assess and track all work performed by each worker. Assessing all of this information is next. Before you can put it to use setting goals and identifying future development you need to know what the pure data translates to.</p>
<p>With performance appraisal software, all you need to do is scrutinize the various metrics and factors to determine what these targets should be and then chart the member of staff&#8217;s development. With more useful information for a smaller investment of time, this is of course a major saving on its own. If you choose to you can instead carry out your own assessment, simply utilizing the software to create and keep up a full record to work from.</p>
<p>And making your employees more efficient is only one thing you can do using performance management software. It&#8217;s also valuable to study suppliers and clients to be better able to pace your ordering and conserve money. For example, when looking at suppliers you can demonstrate their weaknesses like slow delivery times, bad damage records, etc.</p>
<p>Turning our attention to clients &#038; affiliates, you can demonstrate who who is your best seller of any given product or service if there are payment issues, which one has the highest loss percentage, and the solutions to other questions. Using this information you can tailor your ordering and selling habits to boost profits and cut expenses. To add to this, marketing campaigns become much easier to plan due to your deeper insight into your ideal demographic.</p>
<p>Performance appraisal software allows you to keep track of your sources so you can cut costs and watch the market to tailor plans and increase your profit margin. With regular <a href="http://www.cornerstoneondemand.com/performance-appraisals-assessments-employee-reviews">talent assessment</a> and employee reviews this tool will accelerate staff performance management. All in all, what can be achieved with this software is truly awesome&#8230;</p>
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		<title>Who Was First? &#8211; Business Acumen Exerpt Originally by Kevin Lam</title>
		<link>http://www.tellerfest.com/archives/2009/11/26/who-was-first-business-acumen-exerpt-originally-by-kevin-lam/</link>
		<comments>http://www.tellerfest.com/archives/2009/11/26/who-was-first-business-acumen-exerpt-originally-by-kevin-lam/#comments</comments>
		<pubDate>Thu, 26 Nov 2009 14:16:46 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business Performance]]></category>
		<category><![CDATA[Management Portal]]></category>
		<category><![CDATA[Universe Of Marketing]]></category>
		<category><![CDATA[dallas marketing firm]]></category>
		<category><![CDATA[dallas seo]]></category>
		<category><![CDATA[Kevin Lam]]></category>
		<category><![CDATA[texas seo]]></category>

		<guid isPermaLink="false">http://www.tellerfest.com/archives/2009/11/26/who-was-first-business-acumen-exerpt-originally-by-kevin-lam/</guid>
		<description><![CDATA[Here's a very deep secret hardly any web masters are prepared to share or essentially say without a fee.  Part of the reasons to their achievement is that they were among the first to start it all.  If you'll remember hearing,'first come, first serve' it is the same way online .]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s a very deep secret few net gurus are ready to share or actually say without a fee.  Part of the rationalizations to their achievement is that they were among first to start it all.  If you&#8217;ll remember hearing,&#8217;first come, first serve&#8217; it&#8217;s the same way on the web.  </p>
<p>People generally remember who was first, not second.  For example, who was first to sell books online?  Amazon ; who was second?  Who was the first to start mass production cars?  Ford ; who was second?  Which company was first to start the fast-food chain restaurant?  McDonalds ; who was second?  Who was the first to build an airplane?  The Wright brothers ; who was second?  </p>
<p>Did you at any point spot the crickets when I asked for the second provider?  </p>
<p>We all tend to remember who was first but rarely do we remember too much further than that.  Whomever enters the market first usually makes the most important impression.  The majority of our Internet experts are extremely wealthy because they were first to present their products.  Is that fair?  Well, from their point of view, of course it is.  But from ours, it isn&#8217;t very desirable.  </p>
<p>Now you are thinking that you&#8217;ve got to be first at something to become rich but you don&#8217;t know what to be first at ; so, you believe it&#8217;s impossible.  Take it simple, my chum.  There are methods around it.  Let me ask you a question.  Who owns money?  </p>
<p>Did you try pronouncing Bill Gates?  Did you try saying Donald Trump?  Did you even try announcing George Bush?  It doesn&#8217;t matter WHO you claim to have money, you are wrong.  No one owns money.  Bill Gates has money, Donald Trump has money, George Bush has money and YOU have money but no one will ever own it.  </p>
<p>Though cash is man-made it is much like nature.  No one owns it.  No one owns the weather we feel, no one owns the water we drink, nobody owns the air we breathe and the like.  </p>
<p>&#8216;Oh, but folk own land!&#8217; </p>
<p>Do we really?  </p>
<p>My point is this, money belongs to nobody so do not think you cannot become as wealthy as any other guru you know of.  And notice that I never once related being first automatically makes you rich.  That isn&#8217;t always the case and that&#8217;s why I say the first will make the most important impression.   </p>
<p>If wealth was made for only those that were 1st in line, then there would be no such thing as a line.  They&#8217;d benefit before us but it doesn&#8217;t mean we can&#8217;t benefit anything.</p>
<p>&#8212;<br />
Original article was written by <a href="http://texasseo.com">Kevin Lam</a> from <a href="http://TexasSEO.com" target="_blank">www.TexasSEO.com</a> &#8211; Texas SEO is a Dallas-based web marketing and consulting firm specializing in SEO &#038; SEM, PPC, copywriting, web designing and more.</p>
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		<title>All You Need to Know Employee Reviews</title>
		<link>http://www.tellerfest.com/archives/2009/11/09/all-you-need-to-know-employee-reviews/</link>
		<comments>http://www.tellerfest.com/archives/2009/11/09/all-you-need-to-know-employee-reviews/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 16:35:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business Performance]]></category>
		<category><![CDATA[Management Portal]]></category>
		<category><![CDATA[employee appraisal]]></category>
		<category><![CDATA[employee assessment]]></category>
		<category><![CDATA[performance management software]]></category>
		<category><![CDATA[staff evaluation]]></category>

		<guid isPermaLink="false">http://www.tellerfest.com/archives/2009/11/09/all-you-need-to-know-employee-reviews/</guid>
		<description><![CDATA[There's more involved in making money than income alone - you need to be making money as effectively as possible for what you have to spend to do it. One of the better ways to do this is through the use of employee performance appraisal software...]]></description>
			<content:encoded><![CDATA[<p>While the economy is in its current state, minimising outgoings and making the most of your assets is the surest way to boost profits. Performance appraisal software, while frequently omitted, is a great benefit to corporations hoping to do this.</p>
<p>It&#8217;s common knowledge that a profitable company streamlines its systems to the abilities of each employee in order to get the most from them. While this data is highly useful, it&#8217;s not too effortless to get hold of.</p>
<p>Determining and keeping track of progress through <a href="http://www.cornerstoneondemand.com/setting-career-performance-goals">employee appraisal</a> alone can be a huge hassle. The first step is to bring employee evaluation systems into play. This allows you to appraise the work of each member of staff. And if you&#8217;re using conventional methods, you now have to examine all of that data by eye just to define objectives, and track future progress. When using performance management software you can be confident that this assessment is taken care of and you only need to study the different metrics and factors to discover what the right targets for this worker would be. It also renders following the worker&#8217;s progress much easier. This removes the demands on your time and may even be far more useful. Should you wish to you can instead carry out your own analysis, simply employing the software to create and update a record to work from. And improving your employees efficiency is only one thing you can do using performance appraisal software. It&#8217;s also worth studying clients and suppliers to better reduce costs by precision buying. For example, when looking at suppliers you can pinpoint the weaknesses like slow delivery times, high loss rates, etc.</p>
<p>Clients can be scrutinized with relation to your own business, and once again this information can be used to streamline your processes and help your bottom line. Having this information means you can adjust your system of orders and supplies to boost income and reduce costs. Not only that but the better understanding of your target demographics will allow easier planning of your marketing.</p>
<p>Watching both suppliers and market is smooth sailing with performance management software. It also streamlines the employee evaluation and helps set definitive targets for your employees. All in all, the potential of this system is endless and depends entirely on your own ability to use the information to your advantage&#8230;</p>
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		<item>
		<title>How to Improve Your Human Resource Management Skills</title>
		<link>http://www.tellerfest.com/archives/2009/08/04/how-to-improve-your-human-resource-management-skills/</link>
		<comments>http://www.tellerfest.com/archives/2009/08/04/how-to-improve-your-human-resource-management-skills/#comments</comments>
		<pubDate>Tue, 04 Aug 2009 07:05:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Management Portal]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[career goal software]]></category>
		<category><![CDATA[performance goal software]]></category>
		<category><![CDATA[setting career goals]]></category>

		<guid isPermaLink="false">http://www.tellerfest.com/archives/2009/08/04/how-to-improve-your-human-resource-management-skills/</guid>
		<description><![CDATA[Effective human resource management skills are crucial in reaching the best in your business success. These skills may be acquired and learned. Having a natural skill for communicating with people and forging relationships can be a plus, but there are a lot of things you can do to facilitate the process.]]></description>
			<content:encoded><![CDATA[<p>A thriving business depends to a great extent on competent <a href="http://www.cornerstoneondemand.com/integrated-talent-management">people management</a> skills. These skills can be developed and learned. Having a innate affinity for communicating with people and forming relationships is an advantage, but there are a lot of skills you can do to make this process simple.</p>
<p>Forging relationships: Start by using the names of the workforce. Talk to staff; make eye contact as you&#8217;re speaking. Develop a respectful attitude, also be attentive to the other person&#8217;s point of view, even if you disagree or have a different point of view. The development of listening skills is among the greatest things you may do to develop your human resource management skills. Welcome any comments from your co-workers. Live up to your word: Do not make promises you can&#8217;t keep. If your word is broken, it can destroy trust, and no-one will offer you their best efforts without trust. Each time you make a commitment or give your word on something, make sure you can follow through or it would really be more sensible not to give your word at all. The truth is, if you can&#8217;t be depended on, you can be certain they will behave in the same way.</p>
<p>Be open to any observations: It&#8217;s a two way street. Human Resource management skills mean having an open mind to all feedback. If you are prepared to show approachability and receptiveness, you prove that other&#8217;s opinions matter to you, and they will value your ideas. Frank discourse also furthers original ideas, ways of achieving the mission of the team, and improves the team dynamic. By giving the team some input, each employee takes ownership of the project&#8217;s outcome.</p>
<p>Encourage communication: People management techniques boil down to one thing &#8212; communication. Be approachable, use listening skills, encourage all sorts of feedback, and permit each of your team members to express themselves. Staff must be inspired to speak to each other not only with you. The growth of any business relies heavily on the open exchange of opinions, and by communicating with each other, you can spot problems at an early stage, and corrective measures can be put in place before matters get out of hand.</p>
<p>Some effort will be required, nevertheless the payoffs far outbalance the work. Through establishing the bonds of a good team and demonstrating good listening techniques, you can easily achieve a successful business.</p>
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		<item>
		<title>Some Thoughts on Human Resource Management</title>
		<link>http://www.tellerfest.com/archives/2009/06/26/some-thoughts-on-human-resource-management/</link>
		<comments>http://www.tellerfest.com/archives/2009/06/26/some-thoughts-on-human-resource-management/#comments</comments>
		<pubDate>Fri, 26 Jun 2009 15:31:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Management Portal]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[employee evaluations]]></category>
		<category><![CDATA[performance appraisals]]></category>
		<category><![CDATA[performance evaluations]]></category>
		<category><![CDATA[performance reviews]]></category>

		<guid isPermaLink="false">http://www.tellerfest.com/archives/2009/06/26/some-thoughts-on-human-resource-management/</guid>
		<description><![CDATA[Effective people management is crucial for business success. These skills may be acquired and studied. It can be an advantage to have a natural affinity for people, however you can do some things to make the process easy.]]></description>
			<content:encoded><![CDATA[<p>A thriving business depends to a great extent on good people management skills. People management can be acquired and studied. It may be an advantage to have a natural affinity for dealing with people, even so there are numerous things you can do that will simplify the process.</p>
<p>Developing relationships: Remembering co-workers by name is a start. Talk to people; look people in the eye as you&#8217;re speaking. Have a respectful attitude, and be sure to do pay attention to what the other person says, regardless of whether you are in agreement or not. Listening to everything employees say is one of the most important <a href="http://www.cornerstoneondemand.com/integrated-talent-management">people management</a> skills in your arsenal. Welcome any contributions from your co-workers.</p>
<p>Live up to your word: Keeping your promises is crucial. When you don&#8217;t deliver on what you promise, the delicate bond of trust is wrecked, and without trust employees certainly won&#8217;t perform at their best. Each time you make a statement or give a promise, you are wasting your time unless you follow through. To be frank, if you can&#8217;t be counted upon, your employees won&#8217;t be committed if you truly need them.</p>
<p>Encourage feedback: Feedback should be a two-way process. Talent management skills mean having an open mind to all feedback. Being approachable and open establishes that your co-worker&#8217;s views count, your views will be appreciated in return. Welcoming conversation in addition promotes innovative ideas, innovative methods of accomplishing goals, and develops the team. If your staff are given a voice, every employee takes ownership of the outcome. Communication is the key: Dealing with individuals comes down to one concept &#8212; good communication. Keeping an open door policy, utilize listening techniques, welcome staff to express their ideas, and allow all your staff to express their views. Encourage staff not only to communicate with you, but also with each other. The exchange of ideas is essential in the creative process, if the team communicate effectively, it becomes easy to find issues before they might present as problems, allowing corrective action to be put in place to prevent further problems.</p>
<p>This will take some work, yet the payoffs far outbalance the work. Through inspiring a good team dynamic and listening to what your team has to offer, you can have a successful business.</p>
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		<title>The Brain Drain</title>
		<link>http://www.tellerfest.com/archives/2008/06/08/the-brain-drain/</link>
		<comments>http://www.tellerfest.com/archives/2008/06/08/the-brain-drain/#comments</comments>
		<pubDate>Mon, 09 Jun 2008 03:46:55 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Management Portal]]></category>

		<guid isPermaLink="false">http://www.tellerfest.com/archives/2008/06/08/the-brain-drain/</guid>
		<description><![CDATA[What ever happened to employee loyalty? You know the type: people who went to work for a company at a young age and then stayed there throughout their entire career. I am sorry to report that those days are long gone. The mantra has become to stay with a company for three years and then [...]]]></description>
			<content:encoded><![CDATA[<p>What ever happened to employee loyalty? You know the type: people who went to work for a company at a young age and then stayed there throughout their entire career. I am sorry to report that those days are long gone. The mantra has become to stay with a company for three years and then move on. In fact, today if you haven&#8217;t changed jobs several times throughout your profession it&#8217;s considered a detriment to your career.</p>
<p>One of the biggest problems in corporate America today is what I call the Brain Drain. It is a simple as it sounds &#8211; these employees are tapped out. Their brains have been drained. It is amazingly apparent when you look at the number is women who are leaving corporate America to start their own businesses. Why do these talented women leave feeling disenfranchised? The answer is complicated and a result of the employer not understanding the real issues at hand.</p>
<p>Women in the working world have all been taught to work hard, be good at your job and you will get ahead. (Yes, my mother told me this too). The problem is that teaching methodology is simply not true. Hard work will be just that: hard work. Without a game plan in mind, it&#8217;s difficult to move ahead even with good results.</p>
<p>Companies have yet to realize their directives for women in corporate America. On one hand, companies say they want women at the top. On the other hand, they stymie their potential and their ability to move up the corporate ladder. So, what can companies do to rectify this dilemma? They can brand themselves by addressing the progress of the female employee &#8211;from the top down.</p>
<p>We all have heard diversity policies and EEOC mandates, but how does this materialize in the real working world. It doesn&#8217;t. Executives at these companies need to walk the talk and not spout PC rhetoric. I&#8217;ve seen reams of paperwork purporting the facts, but when it comes to implementation that&#8217;s a different story.</p>
<p>Take a look at the senior management team. How many women are on it? Any? What are the plans to improve the odds? Doesn&#8217;t it strike you as strange that women make up more than 50% of the workforce yet only X % at senior levels? The diversity message simply isn&#8217;t being practiced.</p>
<p>When an executive discharges PC rhetoric they are really saying, &#8220;I can prove that we have a plan.&#8221; What they are not saying is how or when they intend to implement it. The truth is that they haven&#8217;t reached the heart of the real issues. The majority of women don&#8217;t want a handout or a token position. They want their hard work and commitment to count for something besides a paycheck. Yes, money is important but it&#8217;s not the spirit of the real issues that companies don&#8217;t understand.</p>
<p>Many personal issues are different for women than they are for men: maternity leave, flex time, telecommuting, and time off for elderly parent care or sick children. The company policy covers many of these issues. Exercising one of these perks is not supposed to be detrimental to one&#8217;s career. The reality of the message may be different. &#8220;Yes, you will have a job when you come back from maternity leave but don&#8217;t count on that promotion.&#8221;</p>
<p>Over the years, I have been told by senior executives that women don&#8217;t make it to the top because they need special treatment (listed above). The truth is that the brightest and most talented resources don&#8217;t need special treatment. What they need is an accurate understanding of these issues and why they are relevant in modern society. Women do have more of these responsibilities than their male counterparts do, and it&#8217;s up to them to figure out how to make it work.</p>
<p>That doesn&#8217;t mean &#8220;having it all.&#8221; It means companies understanding of the importance of these issues to the working woman. The fact remains that women reap the benefits of hard work and a job well done. Executives need to understand what makes the working woman tick. (It&#8217;s not about the money.)</p>
<p>We spend the majority of our day working and it&#8217;s important to enjoy what we do and feel fulfilled about our work commitment. Family needs and issues are just a part of the equation. Until companies realize that women will continue to leave in corporate America in droves for opportunities that allow them to enjoy what they do and feel fulfilled.</p>
<div style="float: right; padding: 0px; margin: 0px; border-width: 1px 1px 1px 1px; border-style: solid; border-color: white; background-color: white"><img height="90" width="69" src="http://ezinearticles.com/members/mem_pics/JoAnn-Hines_3159.jpg" border="0" alt="JoAnn Hines - EzineArticles Expert Author"></div>
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