New Year’s Resolutions mean something different for everyone. While some commit to hitting the gym, others may opt to be a little bit more frugal in the New Year. But for companies, it’s the ultimate time to reflect on your wins and losses and get back to business.

Taking time to solidify your strategy for the upcoming year is critical for businesses that want to thrive in 2023 – it’s even more important for companies working in a hybrid or fully remote environment. Companies in a hybrid or remote environment need to be hyper-vigilant about their upcoming strategy and how to provide the best working environment to set their teams up for success.

While companies may think they’re fostering a positive work environment and hitting the mark with quotas, the truth is that you can always do more to boost profits, morale, and overall sentiment.

Here are four New Year’s Resolutions all companies should consider in 2023:

Create a Better Work Life Balance

The word employers all tiptoe around: burnout.

When it comes to quiet quitting and burnout, all roads lead to overworking. According to Harvard Business Review, the problem with overwork is a tale as old as time: “In sum, the story of overwork is literally a story of diminishing returns: keep overworking, and you’ll progressively work more stupidly on tasks that are increasingly meaningless.”

Take this one step further and you have an employee that’s not only underperforming due to overworking, but also simply unhappy and unsatisfied. (And most likely looking for a new job.)

There’s a reason “work hard, play hard” has stuck around for so long – it’s because it shows the clear balance needed. And yet, employees and employers find themselves stuck in a “work hard, play easy” cycle that burns both the individual employee as well as the company.

As a manager or business owner, it’s up to you to not only make clear boundaries for your employees, but to set an example.

• Ask about workload – is there anything you can take off their plate?
• Set clear and realistic timelines
• Remove obstacles
• Respect schedules and promote time away

 

Delegate & Outsource

Leave “if you want something done right, you have to do it yourself” in 2022. Delegating and outsourcing work is crucial to maintaining the aforementioned work-life balance. By reallocating specific projects or tasks to people inside or outside your business, you can improve employee workflow and time management.

Going completely outside your organization and outsourcing work can also lead you and your business to answers you wouldn’t have been able to find within your organization. Calling in consultants and experts in the necessary field ensures your problems get the right solutions.

The benefits of bringing in consultants include:

• Access to specific skill sets and resources
• Lower costs
• Hyper focus on projects
• Quick turnaround times
• More space internally for new projects

Chances are that several other companies specialize in finding solutions for the exact problems you’re facing today. Outsourcing can help with everything from creative services and building your brand, to IT, HR, and payroll.

Get Company Culture Back on Track

Money matters, but not as much as culture. In a Glassdoor survey from 2019, it was found that “56% of workers ranked a strong workplace culture as more important than salary, with more than three-in-four workers saying they’d consider a company’s culture before applying for a job there.”

And it matters even more to millennials: “In the U.S., 65% of millennials valued company culture more than a high income, compared to 52% of Americans over the age of 45.”

To create a strong company culture, employers first must understand what it means. Once a nebulous word that just made companies feel good, employers are now taking actionable steps to create a positive culture for their employees.

While management can control their form of culture with monthly events or practicing positive feedback, companies as an entirety also have the option to provide benefits that go beyond the workplace. Several companies have begun offering benefits like unlimited vacation time, summer Fridays, mental health options, and more.

Experiment with New Tools

Testing new tools is how companies stay on the cutting edge. Whether testing out a new project management platform, switching website servicers, or digging into new accounting software, companies shouldn’t be afraid of trying new tools and programs.

Through testing products regularly, companies can find the program that fits them and their workforce the best, thus increasing productivity and efficiency for the company as a whole.

How Ridiculous Engineering Can Help

No matter what your New Year’s Resolutions are, Ridiculous Engineering can help.

From e-commerce and adtech to design and business solutions, we have a program that’s designed for you – and we mean that literally. At Ridiculous Engineering, if we don’t already have the solution created for you and your business, we’ll make it.

We offer four premiere services:

• Artemis. Header bidding management anyway you want it. Artemis is a program designed to simplify your header bidding workflow so you can import and modify any existing configuration.
• E-Commerce. Website hosting, solutions and integration. We can provide an array of solutions, from out of the box to bespoke E-Commerce solution, we are experts at what we do.
• Team Augmentation. We can provide you with experts at the top of their game in areas including software engineering, graphic design, project management, and business analysis.
• Software Development. Whether it’s a custom tool or bespoke app, we can build out your dream software, all the way from ideation to completion.