Recessions are bad for most people, and I won’t make light of how horrible these times can be for the vast majority of companies and their employees. It’s true that for most companies, recessions mean increased stress at work, stalled career progression or even layoffs, uncertainty, raised board and shareholder pressure, increased financial strain and
Bank failures are not uncommon, but they can create a ripple effect on the economy and on individuals’ financial well-being. Recently, two large banks failed, and a third bank is on the brink of failure. These failures are not only concerning for the customers of these banks but also for other financial institutions and businesses that
The rate of cyber-attacks has significantly increased over the past few years. Businesses of all sizes are at risk of becoming victims of them, which is why it’s crucial that every business owner and leader is aware of the most common cyberthreats impacting the business world today. Being aware of common cyberthreats and developing plans
In the world of business, there are good and bad selling strategies. Strong selling strategies bring your customers back for more and encourage them to refer their friends and family. In contrast, poor strategies will send your customers running for the hills. They’ll never look back at your business and will tell everyone about their
Working from home offers the perfect chance to harmonize your career and personal life. Yet it isn’t always easy! Creating an effective remote workspace while staying focused while distractions abound takes some extra effort. That’s why we’re here today with a list of must-have tips for becoming a successful distance worker – along with amazing
In today’s world, technology is constantly changing and evolving. For manufacturers, it is important to keep up to date with the latest technology in order to remain competitive. Unfortunately, many manufacturers are still using old technology which leads to increased downtime that greatly affects productivity and profitability. The return on investment with new technology will
Establishing effective and efficient cyber security policies is one of the most important aspects of protecting your business. We often discuss why cyber security is so important and the different cyber security practices your business can implement. We also mention how advanced cyberthreats and cyber-attacks have become as hackers improve their tactics and technology. For
I’ve had the privilege of posing questions to over 1,000 business leaders. So, I’ve been on the receiving end of many excellent answers from some of the most respected CEOs on the planet. On the other side of that, I’ve also heard responses from less skilled managers. I’ve learned a lot through this process and
Employee happiness is one of the most important aspects of running a business. When a group of employees feels unhappy or unsupported in their role, it can quickly spread throughout the workplace, plummeting productivity and morale. Thankfully, there are things you can do to boost employee morale and happiness, but you must understand how your
The new year is upon us, and many business owners will use this opportunity to create plans to ensure that 2023 is as profitable as possible. You can devise all kinds of business resolutions you want to focus on during the year, but most of the time, business owners think about key performance indicators like
