Succession planning is the process of identifying and training potential leaders in your organization. This includes not only leaders at the top but all leadership roles in your business. The idea of succession planning is to prepare your organization for all scenarios, and it can help retain employees if they know there are advancement opportunities for them in the future. … Read More
Employee reviews are a necessary part of keeping a business running successfully. Your employees appreciate receiving feedback, both positive and negative. According to MIT Human Resources, “The performance review is a crucial part of the ongoing dialogue between managers and employees.” If employees expect regular and thorough reviews, there is less room for guesswork on their part as to what … Read More
Are you waiting to find a resume left on the printer before asking an employee if they are satisfied with their position? You will be waiting for a long time. An employee putting in their notice without any warning signs is rare, but leaving a resume on the printer is equally rare. Typically, employees leave clues about their departure long … Read More
The majority of successful businesses use social media to gain and maintain customers or clients. This use has been steadily increasing since 2013, and will continue to rise as innovative social media platforms are conceived. There are benefits to using social media as a marketing tool, but it is not as easy as it seems. Benefits of Social Networking Specifically, … Read More
Marketing has drastically changed over the last 20 years with the introduction of social media. Even if you were trained in marketing strategies years ago, chances are you are not familiar with the current platforms your customers are using. Short-term marketing strategies are important for immediate boosts in business, but they do not guarantee long-term growth or success on their … Read More
The number of available jobs continues to rise post-pandemic, and now more than ever companies are competing for employees. It is not just salaries or wages employers are using to entice potential candidates, it’s also benefits. Fast food restaurants are offering tuition credits. Small and large businesses alike are offering flexible work schedules. After a year of limited travel, people … Read More
Think back to a time when you were on a job and wished you had a certain skill. Maybe that skill would make your job easier, more enjoyable, or more profitable. Whatever the skill might have been, do you wish your employer would have provided you with the tools to learn? Providing continuing education to your employees is an investment … Read More
Do your employees communicate openly with you? Do they follow through with your decisions? Do they make eye contact and face you while talking with you? If you are unsure of the answers to these questions, or if the answer is no, you are in need of earning respect in your workplace. Although you may expect respect from your employees, … Read More
If you are a solo business owner, bringing someone onto your team may sound distressing. You take pride in your business because you are the owner, and bringing someone else on might disturb your system. If you need more hands on deck, simply hiring more employees might do. This may be all you need, but you may want something more. … Read More
The goal of every business is to increase the net earnings, profit, or bottom line. Successful businesses are always looking for ways to improve their business without having to sacrifice the quality of their product, service, etc. There are practical strategies to increasing your bottom line to be sure consumers choose your product and you reap the maximum benefit. Pricing … Read More
In the past year, businesses have been stretched thin to stay afloat amidst the pandemic. Employees have been expected to do more than ever before, to make up for the budget cuts most organizations faced. People, who are already stressed from their home lives, are feeling additional stress at work. Some of the consequences of heavy workload on employees are … Read More
Bonuses can be used to reward employees for achieving a certain goal or completing a specific project. They can also be given to employees who have outperformed in their position over a certain period of time. A bonus is a great reminder to an employee that you value their efforts and may even make them more loyal to your company. … Read More
