11 Mistakes That Will Bring Your Company Down

photo credit: jared

In today’s economy we are all trying to strive for more; more profit, more customers, more everything. We constantly look for new and ground breaking ways to achieve our goals in the quickest manner possible. Well, below are some mistakes that every manager should never make unless they want to kill their company. From The New York Times:

  1. Hiring without checking up on the persons background. This is probably one of the most important mistakes not to make. Always look as far into someone’s background as you can get, you never know what they may be hiding and how far back it goes.
  2. If you are a company that provides company vehicles for your employees, please make sure that each and every one of them are insured properly. Under insured or wrongly insured drivers who happen to get into an accident can be a huge money problem for your company.
  3. Make sure that you have the proper controls set up. By this I mean anti theft systems, surveillance cameras and anti virus systems on your computer. Someone breaking into your building and stealing everything after they trash your property or set fire to your building as well as someone hacking into your computer system and possibly your companies bank account can be devastating.

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