If your company stumbles, you’ll need to issue a public apology. Unfortunately, few business owners seem to understand how to craft such a statement.
Archive for the ‘Leadership’ Category
In the age of Facebook, Kickstarter and Groupon, startup teams are getting younger, more ambitious and diverse, but the synergy amongst team members are not always there. This is why even the most innovative and creative startups can learn from established companies about effective human capital management and team development.
Startups hire quickly for growth and are firing even quicker when employees don’t work out. Act fast, be fair and move on.
There are some minor differences between negotiating online and negotiating offline, so we`re going to be comparing the two and also offering some general advice to help you with negotiations both online and offline.
The truth is that you can learn, and teach, innovation as well as you can teach marketing or leadership. You just need to understand how it works.
There are some management tips that can make the entire process easier on both you and your potential employees. Learning to delegate properly will set up your business for the right kind of growth in the future.
Recognizing problems early can save a lot of work later on down the road. Sometimes you have to see the signs and fix things before it’s too late.
Probability in management, or life for that matter, means that you can’t be sure about anything more than 99,999…% unless infinity or zero exist and we still don’t know that (There is some shady business with black holes but let’s not go there).
At the end of the third quarter of 2007, Nokia announced huge gains in both profits and revenue, driving their stock price to an all-time high of $40/share. In a widely publicized interview after the release of the quarterly results, the CFO proudly emphasized that it was Nokia’s low-end cell phones, selling for $40 or so, that were driving the business.
Accountability is one virtue that every company wishes for their employees, although not all of them are able to integrate this into their system.