When it comes to running a small business, leadership is of the utmost importance. Employees look to you for guidance and to set the tone for your company. Learn more about what it means to be an effective leader with the articles in this section, which cover topics such as employee management, hiring and firing, and team building.
Good leadership skills are not reserved to only a handful of people. Everyone has the ability to become effective leaders that manage teams full of professionals. There are 5 important qualities that are associated with good team leadership. Do More Than Talk A lot of team leaders like to give long, boastful speeches to inspire their employees. However, you could spend too … [Read more...]
With thousands of companies within the industry, your aim is to have your business at the top-of-mind when the top employees are looking to attain a position within the field. Ultimately, you wish to accumulate the best potential employees into the company’s candidate pool. Here are 6 great ways to attract the best employees for your company. Attractive Work Culture To … [Read more...]
One of the most important things every startup founder needs to do is to find the right talent. If chosen poorly, your employees can cost you a lot of time and money, which is definitely something you want to avoid. Therefore, what you need to do is make sure that you recruit only top talent for your startup. And how do you do this? We came up with 5 tips that are guaranteed to … [Read more...]
In an era where young workers are no longer concerned about long-term employment with a specific company, maintaining a high employee retention rate can be challenging. An organization that can sustain its staff long-term reaps benefits such as utilizing fewer resources and time needed to retrain staff, higher production rates, and an overall improved image . Continually … [Read more...]
According to the U.S. Bureau of Labor Statistics, over 50% of start-up businesses fail within five years. Although this statistic may seem staggering, rarely is it a significant concern to anyone seeking to start a new business venture. Research has proven that the primary reason for the majority of startup failures simply comes from lack of planning, resources, and fundamental … [Read more...]
Do you have someone (or several someones) working for your company that you’d do almost anything to keep? Maybe they have a knack for dealing with your customers, or perhaps they have a way of getting your suppliers to go the extra mile. Whatever it is that makes them invaluable to you, the last thing you want to do is lose them to your competitors—something that some of them … [Read more...]
“From a young age, I learned to focus on the things I was good at and delegate to others what I was not good at. That’s how Virgin is run. Fantastic people throughout the Virgin Group run our businesses, allowing me to think creatively and strategically.” – Richard Branson An … [Read more...]
Did you know that disengaged employees can cost companies as much as $500 billion every year? Even though better engagement can lead to a more than 20% increase in profitability, only one-quarter of businesses have an engagement strategy in place. Knowing this, it is vital for companies to devote more attention to employee satisfaction and retention. However, typical worker … [Read more...]
Any business owner knows that building a strong team is the key to creating a successful business. It is the staff that helps to drive the vision forward. Without their skills, experience, and participation, driving the brand forward is nearly impossible. Knowing these facts, accomplished leaders invest a lot of time and effort into not only hiring the best group of employees, … [Read more...]
In many companies, corporate culture takes a backseat—until something goes wrong. When I sit down with CEOs to help them deconstruct the question “How did we get here?”, one simple regret is uttered every time. With the benefit of hindsight, that wise CEO says, “I wish I had paid attention to our culture from the start.” By contrast, those who lead top companies understand the … [Read more...]
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