Is anyone indispensable at work? Most people think they are, but, in reality, they are not. Larry Myler’s new book, Indispensable by Monday, teaches readers how to make sure they are indispensable and their employer knows it.
In the beginning of the book, Mr. Myler talks about profit loss statements, balance sheets and other financial statements. He feels that if you don’t understand these basic forms, you can’t be indispensable. He takes a look at the positive characteristics to a great employee and how an employee can offer money saving techniques and strategies to the company in which he/she works.
Larry Myler believes that employees should want to and attempt to increase the company’s bottom line. He goes on to talk about how employees should look at the way the company spends money and how to cut some of those costs by either striking up a deal with a vendor or making sure that receivables are net 10 days instead of net 30 days.
Mr. Myler educates the reader so that he/she can recommend to his/her boss money saving ideas like opening a sweep account which enables you to put more cash in your higher paid bank account then the one with no interest. For the employer, Mr. Myler suggests giving incentives to employees who don’t use all their sick time or refrain from accidents. He also suggests reserving pay raises to top performers only.
Dwelling over mistakes costs the company money, he says. "Make a sincere apology and move on." For employees, he says that you should spend more time on what needs to be done and less on nonessential things.
One of the things I found particularly interesting is when Mr. Myler quotes a study done in 2005 that says that 2.9 hours out of a typical 8-hour day is unproductive. That's a lot of time wasted!