Rescue a CEO Even heroes need help

It’s easy to focus on the more obvious advantages of a diverse workplace: cutting costs, for example, or the pride that comes from showcasing diversity as one of your organization’s strengths. But there are many not-so-obvious advantages as well, which are rooted in the emotional transformation that occurs when individuals participate in diversity initiatives, take part in awareness exercises, and ...

The right outsourcing will save you frustrations and avoid wastage of your precious time. It’s important that every business owner applies due diligence while outsourcing through ways such as running a trial on the preferred candidate. It might take time but it will save you time in future. Additionally, be very specific about what you’re looking to find in the ...

Pet-friendly policies are a very inexpensive way to provide a valuable perk to employees. Recent research suggests that pet perks are not trivial—a growing number of Americans own pets and are looking for pet-friendly places to work. However, it is important to weigh the pros and cons of pet-friendly policies before making any changes. Further, planning ahead to get employee ...

In this generation of instant communication and affordable connectivity, geographic borders have less meaning on global commerce. Technology has enabled many companies to operate on a global stage, such that today’s business does not depend on physical locations to define its market. However, going global for businesses has come with its share of challenges. If you are to operate globally, ...

Behind every successful business, there’s a strong team that has overcome various struggles. It takes great leadership and an effective company culture to build such a team.  To build a great team, you’ve got to pay attention to various details that start right from the hiring stage. We asked entrepreneurs and business owners on tips they use to build a strong ...

Starting and running a business requires funds. The first option for most small businesses is bootstrapping to minimize the risks of having the business fail with borrowed funds. Whichever the path you undertake to get funding, it’s important to understand your business needs and the goals you have set. We asked entrepreneurs and business owners how one can get funding for ...

Despite having 24 hours each day like everyone else, CEOs seem to have a supernatural ability to manage an overwhelming amount of tasks. And while there is no regimented schedule that guarantees success, many brilliant executives have some of their daily habits in common.  The following routines have played a huge role in their success, and anyone can adopt these ...

Finding a good mentor in business is not as easy as it may sound. You’re likely to come across people who pose as mentors but in reality, they just want to sell you something and that’s it. It’s a common scenario to find mentors who don’t meet your expectations since they have different skills. It’s therefore important to take your time ...

The past 40 years of corporate strategy have focused primarily on building firm-based competitive advantages to maintain or improve growth. But technologies advance. Markets shift. Customer expectations change. All have organizational implications on where to focus and how to execute. The capabilities (skill-sets, behavioral patterns and assets) that made many organizations successful up to now no longer apply. The new ...

Writing checks has been an integral part of running a small business for well over a century – as essential to an entrepreneur’s operations as turning on the lights or balancing the cash drawer. And for most of that history, hearing “the check is in the mail” was like a vote of confidence. Small business owners didn’t worry about delays ...