Running a small business is an exciting but challenging endeavor. Small business owners get to forge their own path, but this often means sailing through uncharted waters. It is difficult to be an expert in all things, and you may not even know that hiring a small business coach could be worthwhile.
Topics: Business Coaching
Business leadership and business management are often used interchangeably, but the two terms are actually quite different. As anyone who has been to business development training knows, what makes the two terms distinctive really matters to the way you run your company.
Topics: Business Advice
Starting a business is hard. It takes a great idea and the grit to see it through. If you are like many entrepreneurs, the idea isn’t your problem – it's the actual running of the business. You have to think about building a profitable business model, for instance, as well as learn how to manage your company’s accounting, marketing and HR.
Topics: Business Coaching
Performance management is an ongoing challenge in most organizations. Managers spend hours huddled over spreadsheets, analyzing employee performance metrics, looking for ways to improve performance and boost production. When mistakes happen – and they do happen – the bulk of the blame is often shoved off onto the employee. What leaders often fail to acknowledge is their role in the errors. This lack of leadership accountability can cause problematic issues to continue repeating. This, in turn, causes a decrease in employee morale as frustration and devaluation increase.
Leadership is tough. Even those who seem to find it so easy still have times when they struggle. In fact, it is such a common problem entire books have been written around it. A great deal of business coaching advice has also been devoted to how a leader can get their employees to follow them. Therein lies the rub. Getting employees to follow your strategic direction can be difficult – at times it may even seem impossible.
Without quarterly business goals, your company lacks direction. You'll find that energy is expended in areas that never pan out; projects are suggested or even begun, but are never finished. You may also find that you are stagnated, doing the same work for the same list of clients. You stagger along, never getting bigger, never advancing. Setting realistic strategic goals, on the other hand, allows you to enjoy growth and progress. By establishing strategic priorities (AKA Rocks), you give your company a place to go and objectives to strive for. But, how do you make your business goals realities? I’m happy to share the secrets that can give your company the tools to reach those important quarterly goals that will transform your company.
What is a Company Vision Statement?
There are many different definitions for a company vision statement, but they all lead to the same outcome. The business dictionary defines a vision statement as “an aspirational description of what an organization would like to accomplish in the mid- or long-term future. It is intended to serve as a clear guide for choosing current and future courses of action.”
In every organization, there needs to be order. This comes from having effective systems in place that will keep things running smoothly. Learning the process for building business systems is key in the development of your organization.
Everyone likes to think that their office is highly effective. But, in a place where employees do not feel safe and valued, you are not going to get the sort of feedback and innovation that makes a company a winner. How confident are you about your company culture? Here are several common signs of a toxic organizational culture:
Every organization should have a strategic plan in place that recognizes talent and implement plans to retain it. Knowing how to develop your company’s future leaders is a crucial part of the overall success. But how do you begin to develop those leaders?