Understanding Business Process Management Are you looking to align your business's processes with its overall strategy? Business process management is ultimately about delivering results and driving growth. Let's take a deep dive into what is business process...
Did you know that 37 percent of managers believe that their most important goal is to keep employees on track to meet goals? However, how do you set goals and manage your employees to ensure that they meet the goals of the organization? Management by objectives is one...
Although the buzzword OKRs have been around since the 90s, only around 29% of working US adults are familiar with the term. Interestingly though, of the workforce who are acquainted with the term, a massive 95% believe they have a solid understanding of how their work...
Team cohesion can make or break the workplace - 86% of employees and employers say that lack of collaboration and communication is the cause of workplace failures. Almost everyone, from company leaders to front-level employees, agrees that team cohesion is one of the...
Working as part of a team is a vital skill specifically in the workplace. Optimum team cohesion can drive a business to achieve goals and generate maximum revenue. But what exactly is team cohesion and how do you improve it in your company? What is Team Cohesion? Team...
Every business owner or manager has key objectives and goals they want to achieve to drive the success of the business. The most efficient and cost-effective way to reach those goals is to make and follow a carefully crafted plan of action – otherwise known as a...
Whether you're the owner of a well-established business looking to explore new avenues, or you're just starting out, you would have heard about business consultants. But what do they actually do for businesses and would you benefit from hiring one? Read our quick...
Change is the only constant in business - yet change initiatives are often cited to fail a staggering 70% of the time. Although business leaders frequently introduce change into their organizations, many find it difficult to translate the statistics and proposed gains...
If there's one thing certain about business, it's uncertainty, and that's a sentiment that millions of business owners will understand. In 2021, a record was struck when 1.4 million new businesses formed, and this year is likely to be no different. Some of those...
Over 627,000 new businesses open each year in the US alone. Many of these businesses expand into large organizations, some with thousands of team members and millions in revenue. How does a small business become a major success without succumbing to obstacles or...
45% of Chiefs of Staff in large companies with more than $2 billion in annual revenue were at a Vice President level or higher. A good Chief of Staff is a strategic advisor to the President or CEO. Sometimes a Chief of Staff holds another role, but oftentimes that is...
Most people don't know that 85% of workers in the United States alone experience some kind of conflict in the workplace on a daily basis. If people work in an office or in any other work environment that involves interacting a lot with coworkers, they would know that...
With so many job titles being used today, it’s hard to know who does what. Therefore, it makes sense to start by hiring a fractional chief operating officer (COO) who can help in this area for a fraction of the pay rate. But, what’s the difference between a COO and a...
In the past, if you needed an executive, you would have to hire them as full-time workers and pay them high wages. A less costly solution is to hire what is known as a fractional executive since they only work a portion of the time a full-time executive would. What Is...
The purpose of a business strategy is to set objectives and define the steps to achieve them within your firm. It is one of the most powerful tools you can use to accomplish your business goals. Several of your organizational decisions are also influenced by your...
Fractional Chief Executive Officer Had you mentioned an outsourced, seasoned, or fractional chief executive officer (CEO) a few years ago, people would have been stumped. Today, these words not only make a lot of sense but also bring value to organizations. But what’s...
Often, advice tells us to live in the moment. It keeps us from getting wrapped up in hypotheticals and denying the present reality. This method doesn’t mean renouncing control and letting life direct us instead of us directing our lives. The same concept applies not...
Influential leaders are efficient decision-makers. Your overall success as a company depends on your abilities to evaluate information and make rational conclusions. At times, you may find that there is no easy choice to make. In these cases, you'll need to rely on...