Gone are the days of "business as usual." In today's ever-changing economic landscape, it's time to shake things up and become a visionary leader. You have the power to inspire greatness in those around you, forge new roads, and take chances that will ultimately lead to success. Find out more…
Viewing entries tagged
performance
Performance reviews are conducted to evaluate an employee's job performance, contributions, and potential for growth as part of performance management. In an organization, employee reviews evaluate the performance and contributions of employees. Managers can use them to give feedback, set goals, and recognize achievements as well as help employees understand their strengths and weaknesses…
Establishing new processes can keep businesses competitive, help them adapt to change, and help them achieve their goals more efficiently. Workflows can be streamlined, waste can be reduced, and output can be increased through new processes. When a business grows or changes direction, it may need new processes to meet its evolving goals or to support expanded operations…
In terms of financial health and performance, revenue is one of the most important measures of a company's performance and health. An analysis of an organization's performance is used to compare the company's performance to that of previous periods or that of its competitors. Potential investors are more likely to invest in companies that have high and growing revenues…
How does a leader become a leader? As one writer says, A leader is someone who inspires passion and motivation in followers. Leaders are those who have a vision for the future and a path towards realizing that vision. An effective leader is someone who ensures that his or her team has the support they need and the tools they need in order to succeed…
You’ve probably heard of peer advisory boards, and if you’ve been a business owner for any significant amount of time, there’s a good chance you’ve participated in them. Peer boards can be incredibly useful for gaining valuable insight from like-minded individuals as well as those who take far different approaches to business…
You finally found the perfect business owner advisory board to join. You connected with the peers you met there and the facilitator, but is the price going to be worth it? Before you dismiss the thought of joining a peer board, you might want to look at the return on investment you could be passing over if you walk away…
We all like to be rewarded and recognized when we do a great job. While it’s not always feasible to notice every accomplishment, it’s important that as a leader, you’re looking for opportunities to reward and recognize your team. Regularly recognizing your team’s efforts will not only help boost productivity and build a positive team culture, but it also will help instill loyalty that leads to reduced turnover…