Surviving a New Leader


If your company is going through a change in management, the whole atmosphere of the workplace seems to change. Not only are you coping with somebody leaving, but you are also facing the unexpected: A new boss with different policies and expectations. As a worker, this can seem frightening, almost like starting your job from the beginning again. How can you and all your coworkers be ready for such a dramatic shift?

Prepare as Best as You Can

Entrepreneur Keith Krach built his company through many changes and understands uncertainty. Whether this was a sudden change or a long time coming, you need to mentally prepare yourself for your new leader. Depending on your personal goals and your standing in the company, decisions might have to be made.

  • Do I still want to work here?” What are the circumstances regarding the shift? Did your boss leave for a valid reason, or was this a shady dealing that the company is not publicly discussing? If so, you might find yourself worrying about your own job security. If your manager was let go in a dirty way, might the same thing happen to you or your department?
  • Will this change help or hinder?” If job security is not an issue, the next question you should ask yourself is whether or not new management has the potential to benefit the company. Was your department doing well under the previous manager, or is there room for improvement? Will someone else in the boss’s chair be a better fit than the previous?
  • Do I want to work for this new person?” After you’ve analyzed the whys and hows of the shift, consider your new leader. What kind of person are they? Do you think you two will get along? What is their management style like and do you agree with it?

Roll with the Punches

If you’ve decided to stay, the best thing that you can do is buckle up and wait. Everyone has something to offer the world, and it’s worth waiting to see what your new leader has to offer. Time to start fresh again.

  • A new leader can be a great learning experience for you. Everyone has a history with their boss (for better or worse), and a new leader means a blank slate. Try and build a positive repertoire with your new manager right from the start to foster a good relationship between the two of you.
  • This can also be an ideal time to reflect on your work and find ways you can improve. You want to make a good impression on the new boss, right? Be your very best at your job. Pick up any slack that you might have been letting build up and turn in all your assignments and projects on time. Rekindle your passion for the job. Use this experience to help you improve.
  • Remember that your new leader is starting a brand new job and will need some adjustment. Managers are people just like you, so be patient if you’re finding yourself frustrated with them. It takes time to settle in no matter where you are working.

Help yourself and your team through this change. It can seem scary and uncertain but think of it as a challenge to help you improve at work.

What To Consider Outsourcing And When You Should Consider Outsourcing It


It’s obvious that, in most businesses, you can’t do it alone. If you want to build the path to success, you need skills that you don’t have. But hiring more staff isn’t always the right answer. Hiring staff can be a very expensive process. At the end of it, you might find that you’ve taken on people without the right workload to keep them busy. In those situations, it’s clear you’ve made a mistake. Instead, you need to consider outsourcing. We’ll look at what you should consider outsourcing as well as when you should do it.



It’s a big part of any business, but the truth is that not everyone has the talent for it. There are a lot of different aspects that make up your marketing techniques. There’s the sheer grind of creating, curating and posting content for social media. There’s the visual design of your branding. There’s content marketing to draw more people towards your business. There’s lead generation for the same purpose. There are other kinds of content like video. These all play different roles in different stages of your business. However, if you’re not a creative or don’t have any on your team, but put out any amateur efforts. More often than not, they can backfire, making you and your team look unprofessional. Look into hiring a marketing agency and ask them what content marketing to draw more people towards your business. There’s lead generation for the same purpose. There are other kinds of content like video. These all play different roles in different stages of your business. However, if you’re not a creative or don’t have any on your team, but put out any amateur efforts. More often than not, they can backfire, making you and your team look unprofessional. Look into hiring a marketing agency and ask them what your next step should be.


Web design

One part of your marketing that needs special attention is the design of your website. That’s because it’s more than a marketing tool. Sure, it needs to have a great visual design. It also needs the ability to convert visitors into customers, enticing them towards your products and services. However, it’s also a service in-and-of itself. It needs to be set up as a platform so you can deliver your own content without help. When hiring someone, it’s a good idea to do some research first. To know what you need and how you get it. For example, having an idea of what technology you’re going to use for the site and which developer can provide what.


App design

Another important tech aspect for many businesses is the design of an app. Mobile device applications allow businesses to reach and interact with customers in a whole new way. But they’re not always necessary. So, how do you know whether or not your business has need of an app? The first rule is for ecommerce providers. It’s usually a good idea to create more intuitive, fluid version of your store. Particularly for mobile users who work in different dimensions that PC users. Apps can also connect with your brick and mortar business. For example, you can use them to help customers get an estimate on your service using details of what they want you to provide. Not every business needs apps, but it’s a good idea to get a professional on board if you think yours could use one.

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As you grow, the chances are that just working on separate standalone computers aren’t going to be enough. For some, using Google Docs or other free Cloud technologies can help. However, most businesses will need a system that’s more versatile. One that they have direct control over. One that they can get fixed immediately if it starts to show signs of trouble. That’s when you should consider IT outsourcing. IT services do more than proactively monitor and maintain your IT. They can do more than offer support on an as-you-need-it basis. They can also eliminate security risks to your network by looking for the vulnerabilities in the system. Does your business use a lot of sensitive data that you need to pass around the office efficiently? Then, it’s a good idea to have someone qualified to help you do that safely.



Similarly, as a business grows, their accounts get a lot more complicated. More expenses, more overheads and potentially more avenues for profit will make a mess of your current accounting. Every business owner needs to develop a certain financial sense of their own. However, going out of their depth with it can cause real problems. Instead, think about using the services of a certified public accountant. They can do more than watch your money. They can be an important part of helping you make decisions that will let your business grow, not lose it money.



A big part of your business might be deliveries. Or perhaps you’re just newly expanding into the territory. Regardless of what the case is, it’s one of the most important aspects of the whole operation. It’s the end point of your interaction with the customer on this purchase. Messing it up can result in making sure you never interact with them again. If you’re worried you don’t have the time or resources to properly oversee and deliver inventory, don’t try it yourself. Instead, find reliable fulfillment services that can take that task off your hands. Another important part of outsourcing is taking the tasks off your hands that free up your time to do what really makes you money.




Every business, whether it have five people or fifty, comes with a risk of how it handles those employees. How it settles disputes or complaints. How it tracks important factors like attendance and holidays and sick leave. It’s another task that can take a significant amount of admin time. HR is also a sensitive topic and one that shouldn’t easily be passed off to new employees who might not yet be tested. That’s why it’s a good idea for newer businesses to outsource on them instead. To take the time to get seasoned professionals in and learn more about how to run their own HR from them. HR is one of the most commonly outsourced tasks in modern business for that exact reason.

We hope that this article has shown that there are always options to grow what your business can do, and options for what others can do for your business.


5 Parameters to Compare When Selecting the Best ULIP Plan

ULIP insurance products are unique in that they provide risk cover, while offering investment options to grow your wealth by putting a portion of your premium to work in the capital market. This is a combination of life coverage and investment under a single integrated plan. You have the freedom to manage both the investment portion, and the insurance portion of a ULIP plan based on your specific needs and choices. There are different types of ULIPs on the market that can help you to achieve your specific investment goals. While it requires careful consideration in choosing a plan, there are key parameters to compare when making a decision regarding which ULIP plan is best for you.

1. Premium Allocation Charges

Premium allocation charges related to ULIPs are deducted upfront as a certain percentage of the premium for certain initial expenses, including distributor fee, distributor fee, underwriting expenses as well as medical expenses, underwriting expenses and medical expenses. This is done at the time of the policy issuance. After the deduction of these charges, the remaining premium is invested in the funds of your choosing. It is important to compare premium allocation charges when choosing a ULIP plan, since the lower the premium allocation charge, the higher the premium investment amount. A plan that is not cost heavy will leave you with greater fund value.

2. Fund Options

The three basic ULIP funds offered by insurance companies are equity-based, debt-based and balanced funds, however, there are a variety of other options that align with your life insurance  needs and appetite for risk, including income, fixed-interest and bond funds, as well as cash funds. Depending on the market conditions, you have the flexibility to change your chosen investment funds. When comparing fund options, it is in your best interest to consider plans that have higher fund options.

3. Premium Payments and Alteration Flexibility

A policyholder may want a certain level of flexibility regarding how to pay their premiums. You may prefer to pay the premiums for the complete duration of your ULIP plan, or you may want to pay premiums on a term selection basis, for a predetermined period. ULIP plan can offer you the flexibility to make changes to your plan, such as a ‘sum assured alteration,’ partial withdrawals, top-ups and switching. A ‘sum assured alteration,’ for example, allows policyholders to increase or decrease their chosen sum assured. This way you can choose a plan that matches your needs, providing maximum benefits and limited restrictions.

4. Coverage

When selecting a ULIP plan that is best for you, it’s important for you to decide what a greater priority, investment or coverage. If you choose investment as the highest priority, then selecting a plan with the lowest sum assured will lower the mortality charges. ULIP plans also allow you to make both coverage and investment the focus, and a plan with coverage multiple would be a good option.

5. Fund Returns

ULIP plans by design are investment products and are attractive because of their return potential. You want your plan to grow, producing the highest returns from your chosen plan. Consider plans that have funds with consistent and steady performance, which can provide better returns in the long term and meet your investment goal.

Choosing the best ULIP plan for you requires assessing certain parameters, from premium allocation charges to fund returns. Keep in mind the structure of ULIP plans, along with the features and benefits offered when making a decision.

About Aegon Life

With a complete product suite of life insurance plans, superior technology, and customised service, Aegon Life Insurance Company Limited launched its pan-India operations in July 2008. As a joint venture between Aegon – world’s leading financial services and Bennett, Coleman & Company – India’s leading media house, Aegon Life Insurance adopts a local approach to facilitate customer interaction. Our vision to be the most recommended new age life insurance company has enabled us to leverage digital platforms that bring transparent solutions to customer needs. Our financial planning and investment solutions include term life insurance plans, pension plans, unit-linked insurance plans (ULIPs), health insurance plans, child education plans, and more.