Posts Tagged ‘decision making strategies’
What you don’t know about… Hiring Risks 🤪
Hiring employees. It’s risky business. It’s also necessary. Knowing the risks of hiring makes you less likely to run into them. This is why I spoke with Charlotte Merritt. Charlotte works at Insperity and her mission is to reduce employee turnover. “Each time you hire – whether to backfill or grow, you are opening yourself…
Read MoreWhat you don’t know about… Contracts 📜
… all things that are probably on your mind when you go speak to your attorney about your commercial contracts. And yet, that is not what most disputes are about. Why legal disputes happen “Most contract disputes revolve around essential business terms such as scope, payment, delivery, and change management”. So explains Tanya Osensky, of…
Read MoreWhat you don’t know about… everything 🤷
Your business does not exist in isolation. The needs of a small business take a village… nay, a whole city. Every small business needs a small business service provider to complete its needs. And they, in turn, need small business service providers, and so on… The business services you need My role with my small…
Read MoreThe best way to make your employees happy (5/5) 🙌
Has it been a long week? Did last week’s cliffhanger leave you in an agony of suspense? Well, the wait is over. Today let’s cover the second part of your employee meeting. Annual Plan communication You’ve got everyone together to roll out your annual plan. But the whole point is that they are part of…
Read MoreSharing is caring: how to present your annual plan to the whole company (4/5) 🤝
We are talking about writing goals for your business. But you don’t have to. You could also make it up as you go along. You could choose not to write any goals, not to build a plan for the year, and wake up each day seeing which way the wind carries you. You could. It…
Read More3 simple questions to write your best annual goals (2/5) ☝️
What if I told you 90% of senior executives don’t reach their strategic goals annually? That’s what research from The Economist Intelligence Unit has shown. They say it’s because of flawed implementation. But it’s hard to do good work on a goal if the goal is wrong to begin with. Much too often I see…
Read MoreWhy you want to write an annual plan 👉 (1/5)
You want to start work in January knowing what your business will look like in December. And you want everybody who works for you and with you to know it too. It’s easier to plan your actions and strategies if you know where you want to go. Annual planning is a thought process. It involves…
Read MoreFinding the Force: Continuous Improvement and Meeting Goals 🆕 (1/6)
A critical part of business planning is preparing for things to change. The better you can control that change, the easier it will be. How do you control change? Use a mission statement. It’s easy to innovate with a great mission statement. Stay on mission A good mission statement guides your employees. It guides their…
Read MoreWinning over investors: how to prove you are the best person to run your business 🙂 (6/6)
The last section Forbes wants you to add to your investor presentation is the “who” section: the explanation of who is going to bring this great idea to fruition. And although it is at the end, this section can make or break your presentation. See, investors are investing in two things: And the real deal-breaker…
Read MoreMaster the money game: How do you make money? How do you spend it? (5/6) 🤑
Investor pitches need financial information, and so does your business plan. The simple question: “Can I afford it?” has to be a part of every decision you make. There’s more to this question than how much money you have. It’s about how your money behaves. Work with an expert, or do it yourself but make…
Read More