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business strategy

Career Building Tips to Reach Your Goals

by / ⠀Career Advice / May 6, 2022
You might not love working in your current field, but you can love the difference it makes. Here are several additional career-building tips.

In an ideal world, we would all be able to work in a job that we love. Not only could we commit ourselves to our passions full-time, but we would also be paid well for them. The real world, of course, is far more complicated. Consequently, we could all use some tips for building and sustaining satisfying careers. Though you might not love working in healthcare administration, for…

Establish a Formal Leadership Council to Grow Your Firm

by / ⠀Entrepreneurship / March 11, 2022
Establish a leadership council, provide them with instructions, and give them the authority to make decisions. Don't keep putting it off!

Establish a leadership council, provide them with instructions, and give them the authority to make decisions. Don’t keep putting it off! You must make many choices for a mid-size professional service organization to expand. These choices will affect all departments and cover a wide range of concerns and themes. No one, two, or ten can make all these choices. Therefore, it takes a village. Establish a leadership council,…

3 Ways to Reduce Employee Turnover

by / ⠀Entrepreneurship Startup Advice / February 14, 2022
As the overall cost of people quitting can be so high, let’s look at three specific steps you can take to reduce your employee turnover rate.

The employee turnover rate of your business is more than just a single number. High employee turnover brings with it a multitude of additional costs. Not only does your unemployment tax rate increase, but you have job advertising expenses, training costs, and overworked remaining employees. Turnover rates are an indication of a company’s stability and overall workplace satisfaction. The general approach to preventing turnover is, of course, to…

2021 Leadership Lessons for 2022

by / ⠀Entrepreneurship / January 20, 2022
Twenty-first-century leadership abilities, employee wellbeing above profitability, and creativity must stay top of mind as the world changes.

Twenty-first-century leadership abilities, employee wellbeing above profitability, and creativity must stay top of mind as the world changes. As people and businesses slowly reflect on the last year, CEOs from several industries contemplate the following leadership abilities question: What lessons can leaders learn from 2021? How does it affect the concept of teamwork? Leadership experts present their many perspectives on how leaders may commit to establishing supportive work…

4 Ways to Turn Metrics Into Business Strategies

by / ⠀Entrepreneurship / October 3, 2014

In the bestselling book “Moneyball,” Michael Lewis explains how the Oakland A’s built a winning team using only statistics. Yet more than 10 years after the book’s publication, few organizations follow this example of metrics-driven decision-making. Many executives still let emotions or intuition guide their decisions, even when thousands or millions of dollars hang in the balance. As a leader, you can’t afford to make decisions based on…

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