Business Archives

The 4 Types of Meetings at Work You Need

What are the different types of meetings at work? How can these meetings improve employee performance? In his book The Advantage, Patrick Lencioni explains that you must maintain organizational health by having effective meetings. In these meetings, the organization’s values and success strategies must be used to solve problems, achieve goals, and progress the organization. Let’s look at the four types of meetings at work that your leadership team should have regularly.

How to Release Your Fear of Delegating Responsibility

Why do leaders fear delegation? How does delegating responsibility help you take your business to the next level? Many leaders avoid delegating because they don’t like the idea of relinquishing control. However, as a leader, you don’t want to be too involved in the minutia of the daily operations as it takes your focus off the big picture. Here’s how you can let go of your fear of delegating by gradually increasing your team’s independence.

The Benefits of Hands-Off Leadership in Business

Leadership: What are the Major Traits of a Good Leader

What is meant by hands-off leadership? How does taking your hands off your business help you take it to the next level? Hands-off leaders don’t get mired in the minutia of daily operations. Instead, they train their employees to independently run all the daily functions and focus on making improvements to their company’s framework. Keep reading to learn about the benefits of hands-off leadership, according to Mike Michalowicz.

Project Prioritization: Which Tasks Should You Do First?

How to Have an Effective Strategic Discussion

What are your project prioritization criteria? What are some things you should consider when deciding which tasks to prioritize? Project prioritization involves identifying tasks that move your mission forward. Prioritize tasks that directly support the mission, eliminate tasks that don’t, and make tasks more efficient. Here are two steps for accomplishing this.

Do Job Titles Help or Hurt a Company?

Are job titles still important in the workplace? Are job roles a preferred alternative? In the modern-day workplace, many people question whether job titles are still necessary. On one hand, they offer stability and structure. On the other hand, some people consider them old-fashioned and too reliant on a hierarchical system. To determine if you should consider keeping or eliminating job titles in your company, keep reading.

3 Helpful Tips for Measuring Business Performance Metrics

What are performance metrics? How many and which performance metrics should you track? Performance metrics indicate whether your business is meeting its goals and allow you to quickly notice early signs of issues so you can address them before they develop into crises. It’s important to monitor them regularly and make improvements any time a metric fails to meet its benchmark. Here are some tips for establishing effective business performance metrics and benchmarks.

Offshoring and Outsourcing in the United States: Pros & Cons

What are offshoring and outsourcing? Are they good or bad? In The World Is Flat, Thomas L. Friedman examines the forces of globalization, where they came from, how they’re changing the world, and what the globalized future might hold. He discusses new forms of collaboration that accelerate globalization. Those developments include outsourcing and offshoring. Read more to understand how offshoring and outsourcing in the United States contribute to globalization and for a brief discussion on the pros and cons of outsourcing in particular.

How to Train New Employees: Tips for Managers

What is the most effective way to train new employees? How can you ease new hires into their roles faster and more effectively? Taking the time to develop an efficient training process for new employees will help them settle into their roles faster so they can start making meaningful contributions to the company. As a rule of thumb, it’s best to show rather than tell when training new hires. Here are some tips for how to train new employees faster and more effectively.

How to Motivate Team Members: Focus on Their Strengths

Is your team suffering from a motivation slump? What can you, as a leader, do to motivate your team? There’s no better way to motivate employees than to assign them motivating tasks. When people perform tasks that fit their inclinations and skill level, they’re naturally driven to perform their best. Here’s how to motivate team members by assigning them good-fit tasks.

Clockwork: Book Overview (Mike Michalowicz)

What is Mike Michalowicz’s Clockwork about? What is the key message to take away from the book? In his book Clockwork, Mike Michalowicz presents a process entrepreneurs can follow to become hands-off visionaries. A hands-off entrepreneur trains her employees to take care of the hands-on work instead of overseeing the daily operations herself. Below is a brief overview of Clockwork: Design Your Business to Run Itself by Mike Michalowicz.