Delegating With Confidence

Clarity of Assignment: Ask for clarity on which tasks needs to be delegated. If the manager doesn’t understand the task or project, the likelihood that an employee will understand the expectation of an assignment is slim. Don’t set employees up to fail — instead, take time to understand the project, deliverables and expectations prior to delegating. […]

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Building a mentorship relationship

Building your relationship with your mentor is like job searching – you need to put time, effort and focus into cultivating and growing this relationship. These are tips for how mentees can build a successful mentor relationship. Identify your goals: To find an effective mentor, a researcher suggests first identifying your goals – this will […]

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Benefits of Hiring Older Workers

Dedicated Workers produce higher quality work, which can result in a significant cost savings for you. Stories abound of highly committed older workers finding others’ potentially costly mistakes regarding everything from misspelling of client names to pricing errors and accounting mistakes. Punctuality Punctuality seems to be a given for older workers. Most of them look […]

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Management Tips to Keep Up With Technology in the Workplace

Along with advancements in computer technology, artificial intelligence, robotics and even autonomous automobiles, the technology in our workplace is changing at a rapid pace. From yesterday’s monolithic, big software systems that ran your entire business to today’s cloud-based small applications driven by real-time interactions and accessible on our tablets and smart phones, everything seems to be changing […]

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Five Things Great Managers Do Every Day

If you want to be a great manager who inspires others to greatness, you do not have to don a new outsized personality or break a mold. You simply have to choose to communicate, connect, and bring your full presence to those you lead. Here are five strategies that continually come up in my research […]

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Steps in Demand Forecasting

Demand Forecasting is a systematic process of predicting the future demand for a firm’s product. Simply, estimating the potential demand for a product in the future is called as demand forecasting. The demand forecasting finds its significance where the large-scale production is involved. Such firms may often face difficulties in obtaining a fairly accurate estimation of […]

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Signs Your Boss is a Coward

He/she lies: Everybody lies at times to spare feelings or embellish a story.  But as readers pointed out, a cowardly boss lies over and over for personal gain or to discredit others. And innocent workers like you may be hurt by his lies. Working for a boss who lies is nerve-wracking. You never know whether […]

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Steps to Starting a Small Business Online

There are several steps to follow but below are some: Find a need and fill it. Write copy that sells. Design and build an easy-to-use website. Use search engines to drive traffic to your site. Establish an expert reputation for yourself. Follow up with your customers and subscribers with email. Start a business that fills […]

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In a Successful Family Business, Do You Need (or Want) Outside Directors? (II)

Diversity of Expertise Most public companies and many others as well, have adapted skills matrices where they identify the qualities and characteristics they seek in their directors. These address areas that present particular challenges or opportunities, and can be as varied as marketing, operations, international, regulatory or cybersecurity as well as gender, race and sexual […]

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