There is no employee that I know who wants to earn a fixed salary in perpetuity. Many employees at times could be in a fixed-salary dilemma for a long time but are unable to negotiate a raise from their employers. Employees who find themselves in this kind of situation either are unable to make themselves more valuable to their companies or can not time very well when to ask for a raise. Some at times choose the wrong time to ask and end up getting turned down more than once. Such employees may end up giving up all together.
In times past, natural disasters were few and far between. Not anymore. These days, natural disasters do not only occur more frequently, they are more devastating in their scope of destruction. There is virtually no country in the world that is immune. We no longer doubt if disasters will occur. We now expect them to and wonder where next? These disasters can manifest in form of earthquakes, tornadoes, wild fires, floods and tsunamis. What they all have in common if and whenever they occur is widespread destruction to lives and properties. They harm small businesses.
Have you noticed that many small businesses struggle to survive these days largely on account of poor attention from the owners? Any time such small businesses falter or even fail, the owners are always quick to tell you that their businesses failed because of lack of funds to run the businesses properly. We now know that many small businesses fail for many and varied reasons and not primarily because of lack of funds. Most times, dearth of funds may not really be the problem.
I have heard it said by many management gurus that time is money. Saving time therefore is like saving money. Saving money in a business has a lot of benefits for its cash-flow. Many businesses today have also realized that saving time is one other smart way to reduce costs. Management practices that save time are now trending topics among business managers worldwide.