The 2 Types of Business Participants to Attract to Your Company

Business participants in a lecture with whiteboards.

What type of participants do you want for your business? How do you attract users? As you design your platform, you must make choices about which participants you want to invite to your platform and what they’ll be allowed to do. Geoffrey G. Parker, Marshall W. Van Alstyne, and Sangeet Paul Choudary primarily focus on two types of participants: users and external developers. Keep reading to learn how to get users and external developers to use your platform.

What Does a Managing Director Do? The 2 Biggest Responsibilities

A manager teaching a presentation to employees, showing what a managing director does.

What does a managing director do? Who do they report to? Multi-company managers, also known as managing directors, are high-ranking corporate executives who oversee multiple company managers. They report directly to a conglomerate’s CEO, meaning they’re one of the highest-ranking leaders in a company. Discover more about the responsibilities of a managing director.

Importance of Business Administration for Your Platform

A conference meeting of empty chairs with a chart, showing the importance of business administration.

What’s the importance of business administration? How can a strategic platform administration help your company? A strategic platform administration system can help you maintain control of your platform’s quality as it grows. To keep users happy, your administration must be straightforward, clear, judicious, and fair.  Learn more about why a business administration is important.

What’s Causing the Nurse Shortage in the US?

An exhausted nurse in a hospital depicting the nurse shortage in the us

Why is there a nurse shortage in the US? How can hospitals and the government address it? The US nurse shortage is predicted to reach up to 5.7 million by 2030. It’s caused not by a lack of registered nurses, but by high turnover. Causes of the shortage include COVID-19-induced departures, burnout, a dearth of nursing educators, and more. Continue reading to learn about the factors causing the nursing shortage.

How to Get Out of a Slump: 5 Ways to Kickstart Progress

A worried man holding his hands to his face, wondering how to get out of a slump

Are you stuck in a rut? What are Adam Alter’s recommendations for pushing through the barriers of life? As anyone who feels like they’ve hit a wall knows, the hard part is picking yourself up and pushing on. Alter says that, when you feel like progress has ground to a halt, there are a variety of ways to kickstart it again. Check out how to get out of a slump with Alter’s recommendations.

Why You Shouldn’t Look for Negotiation Compromises

Two men who know how to please everyone, shaking hands with each other outside.

Do you want everyone to win in a negotiation? Should compromises be allowed in a negotiation? Herb Cohen states that the first step in a win-win negotiation is to establish a common goal: Announce to the person you’re negotiating with that you want to find a solution that satisfies everyone’s desires. This way, once you get into negotiation, both parties will actively search for win-win solutions. Continue reading to learn why negotiation compromises fall short.

How to Build an Effective Team: 3 Steps From Scaling People

A leader in front of his workers in a building, demonstrating how to build an effective team.

Do you know how to build an effective team? Is your current team failing to work cohesively? Claire Hughes Johnson recognizes that the work isn’t finished after you’ve hired the best candidates to round out your team. On the contrary, you must take active steps to integrate these new employees successfully into the team. Let’s examine three steps that Hughes Johnson recommends for building and sustaining effective teams.