Wednesday, 27 June 2012

Body Language in Business


Julie-Ann Amos, one of the UK’s leading business consultants, authors and personal business experts, (having authored multiple books on business management and personal business skills) gives the following advice to individuals involved in business on how to manage their body language, which is a key aspect of any relationship.



 



The following is an excerpt from an article written by Amos on the use an importance of body language and the different uses that relate to specific industries and situations. BodyLanguageExpert.co.uk published the article in question on November 15th 2010:



 



“It’s tempting to lump all body language together when talking about the business environment but this would be a big mistake. Just as accepted non-verbal behaviours vary depending on the social culture or environment, so too do accepted non-verbal behaviours vary based on the culture of an individual business. If you want to determine the most effective body language to use in a business environment, you should first identify the dominant business culture in that environment.



 



Industrial Business Culture



 



The industrial business culture is somewhat mixed in many ways. It is typically divided according to job function, usually categorized as either management/administration or front line employee. Some examples of industrial business cultures include construction, manufacturing, maintenance, and the like.



 



In general, an industrial business culture rewards physical performance of work, attention to safety, and a larger sense of brotherhood or unity across the organization. This is reflected in the acceptable body language, which usually includes physical activity, self-confidence, and an overall willingness to participate and get the job done.



 



Conservative Business Culture



 



This is perhaps the type of business culture most people think of when they picture a traditional office environment. Conservative business culture is typical of banks, corporate offices, law firms, accounting firms, and the like. They are very structured in their hierarchy and processes, and very regimented in their schedules and activities.



 



In a conservative business culture the dress is often quite formal (suit and tie) and your attention should be clearly focused on business itself. The acceptable body language is also very formal and focused, such as showing deference to those in higher job positions, purposeful walking in the hallways, and no leaning, slouching, or excessive socializing.



 



Casual Business Culture



 



The casual business culture is most typical of modern, progressive organizations, especially those that are small to medium sized or involved in technology-heavy industries. A classic example is the ‘dot com’ company with ping-pong tables in the break room, beanbag chairs in the meeting rooms, and no discernible dress code. This is of course an extreme example, but it clearly illustrates the concept of a casual business culture.



 



Body language in a casual business culture is typically quite relaxed and often characterized as being light-hearted and fun. Most interactions are conducted in a more personal manner and with body language that is more relaxed, open, and some would say genuine. It’s okay to develop and nurture friendships in a casual business culture, and acceptable body language includes those non-verbal behaviors that are more social and relationship-oriented.



 



Academic Business Culture



 



While this might seem like a bit of an oxymoron, the academic business culture is alive and well in places such as universities, colleges, research foundations, and academic think tank/issue oriented organizations. The emphasis in this kind of culture is on creativity, thought, knowledge, and discussion.



 



Acceptable body language in an academic culture is usually open and thoughtful, not overbearing or dominant in most cases. Respectful but assertive non-verbal behaviors are quite common, and a great deal of emphasis is placed on face-to-face discussions and relationships. This means posture, gestures, facial expressions, and eye contact are all quite important.



 



What’s Your Organization’s Culture?



 



Correctly identifying and adapting to an organization’s culture is important to job performance and overall career success. If your body language is out of sync with expectations in the business culture, you will likely be perceived as less capable, less qualified, and maybe even less trustworthy in some cases.



 



If you haven’t given any conscious thought to the business culture in your organisation, pause for a bit and do so right now. Make a list of cultural norms in the workplace, including examples of common body language and non-verbal behaviours. Look for patterns in these examples and then compare them to your own general body language and non-verbal behaviours. If there is a glaring difference between the two, start thinking about how you can better match your body language to the dominant business culture.



 



Many aspects of body language are integral to success in the business world. From the way you interact with co-workers to the way you interact with customers and beyond your body language is one of the most powerful and influential communication tools at your disposal. It’s reasonable, then, to learn all you can about enhancing your body language to enhance your success in the business world.



 



Body Language and Business Meetings



 



If you work in the business world, then you probably spend a fair amount of time in meetings. Staff meetings, sales meetings, planning meetings, project meetings, budget meetings, committee meetings, department meetings, group meetings – the list could go on and on.



 



Regardless of the type of meeting you’re in, quality communication is an integral part of your participation. That’s why it’s so important to consider your body language as part of your communication activities.



Your body language has a powerful influence on how you are perceived before, during, and after a meeting. Here are just a few of the ways in which your body language affects communication in meetings:



 



•    Where you sit



•    Whom you sit with



•    Whom you don’t sit with



•    How you sit



•    Whether you should even sit at all



•    What you do with your hands



•    What you do with your arms



•    What you do with your legs



•    Eye contact



•    Overall body position



 



Posture and Body Position in Meetings



 



Take a look around about halfway through your next staff meeting and take note of the different postures and body positions of others in the meeting. Chances are you’ll be able to ‘read’ their thoughts very clearly, such as their level of interest, their agreement/disagreement with the topic at hand, and the like. And of course, others can ‘read’ your body language as well.



 



So what should your posture and body position be? In general, your posture should be upright but not stiff. You don’t want to slouch, but you also don’t want to sit at what looks like military attention. Stay relaxed and even lean forward a bit, as long as you don’t lean so far forward that your arms are sprawled on the table itself.



It’s okay to keep your arms on the table without leaning on them, keeping an open body position and perhaps resting your fingers lightly together. If you have papers or anything else on the table in front of you, don’t play with them. Finally, if you gesture with your hands when talking keep them controlled and contained, preferably no higher than your chin level. If at any point you’re not sure about your own body language in meetings, recruit a trusted colleague to observe you and provide feedback. It might feel a bit awkward, but it’s worth it to make your body language as effective as possible.”


Saturday, 23 June 2012

Youth in Business


 



South Africa has for a long time been part of a culture that has shown great entrepreneurial spirit. Young individuals throughout South Africa tend to show an intense willingness to learn, in order to get ahead in their respective fields. However, in the current economic climate, the ability of young hopefuls and businesses alike to handle new job opportunities has dwindled. Young people should not rely on internships or training programs to help them increase their skills or positions, but rather look to planning their own entry into the market.



 



Entrepreneurial upstarts by young individuals may not always be successful, but showing drive and initiative in this way will work in favour of anyone looking to gain experience in years to come. Although there is a financial risk involved, the payout that could be gained at the end of such an experience will make any résumé seem fuller.



 



Along with the various financial aid providers around the country that pride themselves on helping young individuals follow their dreams, there are various programs and organizations that offer guidance and help to young entrepreneurs looking to get their businesses started.



 



Initiatives such as the Youth Entrepreneurship Campaign run in conjunction with the South African Youth Chamber of Commerce planned on helping over 100 000 young entrepreneurs realize their dreams in 2010, as well as the BizJam.co.za online networking site that was run as a prototype for the campaign.



 



More recently, an online initiative by a website called KickStarter has allowed individuals to pitch their ideas to the public, and can thereby get their projects funded by individual contributors from across the globe. Some projects that have been funded by KickStarter.com in the past 6 months have raised over a million US dollars by only using the power of the social aspect of the site.



 



All of these initiatives and opportunities available to South Africa’s young entrepreneurs should provide for a rich future for any individual who puts their mind to the task. In the true spirit of South African innovation, there will no doubt be many inspirational stories to come.



 


Friday, 8 June 2012

"Capital is that part of wealth which is devoted to obtaining further wealth." Alfred Marshall
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Thursday, 7 June 2012

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Wednesday, 6 June 2012

"As a novelist, I tell stories and people give me money. Then financial planners tell me stories and I give them money." Martin Cruz Smith
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Tuesday, 5 June 2012

"Any informed borrower is simply less vulnerable to fraud and abuse." Alan Greenspan
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Monday, 4 June 2012

Rocci Information Session 7 June! Come and hear what we are about. RSVP TODAY! http://ow.ly/bbLUi http://ow.ly/i/EJsr
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Sunday, 3 June 2012

Rocci Information Session 7 June! Come and hear what we are about. http://ow.ly/bbLUi http://ow.ly/i/EJqP

Economy, deficits and inflation...what's the connection?


In 2010, the South African government reported a budget deficit the equivalent of roughly 5% of the national Gross Domestic Product (GDP), which had only three years ago, in 2007, been a 1% surplus. (Source: TradingEconomics)



 



While a 1% surplus might not seem like a major advantage, a surplus of any kind means that inflation due to the creation of money through the reserve bank would decrease, resulting in an overall lower inflation rate. Budgets that see deficits indicate a tendency to borrow money from outside sources, such as central banks or allied nations and as such, mean that the country is in debt. With South Africa being a relatively young country in its democracy does, in some ways, justify money lending, however there surely must be a limit.



 



The political turmoil and increased tension that we have seen over the past few years indicate a mass dissatisfaction with the way the government has been allocating funds. However, in recent announcements made by finance experts close to the ministry, it has been indicated that the government plans on working towards long term goals, instead of focusing on the short term. The idea is to basically create a medium-term plan, which includes borrowing around $7 billion over the next few years in order to meet development needs. This amount will aid in the bid to lower the budget deficit, albeit gradually, as plans have been made to maintain the inflation rate at between 4 and 6% at all costs.



 



While this inflation rate is notably higher than those of South Africa’s trading partners such as China and the USA (at 3.4 and 2.3% respectively), the country has currently only the 20th highest inflation in the world, and is even lower down on the list in terms of debt.



 



In short, while the fact that government spending does influence (and harshly so) the inflation rate is very frustrating, and to a high degree is unnecessary especially in the economically unstable times we find ourselves in right now, it is important to remember that as a nation South Africa is still a part of the ‘third world’. While all of the money spending may be seen as exorbitant, and at times mismanaged through corruption, the spending must take place if South Africa ever wants to have a stable enough economy to flourish.


"A moderate addiction to money may not always be hurtful; but when taken in excess it is nearly always bad for the health." Clarence Day

Saturday, 2 June 2012

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"A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life." Suze Orman