The good news is, according to the Bureau of Labor Statistics, almost 80% of businesses survive their first year. Fifty percent survive their fifth year. The bad news is, only 30% survive their tenth year of operation. Businesses need to constantly try new things and strive for growth. As the saying goes “You grow or you die.”... Read More
“If you want one year of prosperity, grow grain. If you want ten years of prosperity, grow trees. If you want one hundred years of prosperity, grow people.” That ancient proverb is applicable today, as it was thousands of years ago, maybe even more so, when it comes to working with people, versus having them […]... Read More
There is more to our workforce than just red, white, or blue collar workers. As we celebrate the birthday of our nation, it might be the right time to re-introduce some old terms and a new one with regard to the various workforces that are developing in this country.... Read More
“If you want one year of prosperity, grow grain. If you want ten years of prosperity, grow trees. If you want one hundred years of prosperity, grow people.” That ancient proverb is applicable today, as it was thousands of years ago, maybe even more so, when it comes to working with people, versus having them work for you.... Read More
A survey from Bankrate late last year indicated an estimated fifty-five percent of the workforce in the United States was going to be looking for a job this year. Whether the phenomenon was anticipated or not, it is happening in 2022. We are in the midst of many people leaving their jobs. Here are some practical approaches for helping to gain and retain your employees.... Read More
“If you can’t measure it, you can’t improve it,” Peter Drucker is known to have said. The objective of measuring various performance metrics for your business is to help you determine what is working well and what needs to be improved.... Read More
d a particular approach when faced with making a quick decision. He called it the 40/70 rule. He would strive to not make a decision with less than 40% of the information needed, then ultimately make the decision when he had at most, 70% of the information.... Read More
While you are waiting for COVID to retreat into history, take the time to step back, review your business and develop ways for gaining competitive advantage by taking your business to the next level.... Read More
“As the leaders go, so go the people” is an ancient saying that is still applicable today. Leadership qualities are different for everyone. Consider adjusting yours this year.... Read More
The Information Age has allowed companies to obtain more accurate data quicker and act on it more effectively. Because of that, planning for the full year would be only part of the planning process for some businesses. Changing those plans sooner, rather than later, could be more helpful, as information becomes available.... Read More
