As a small business owner or entrepreneur, you’re always trying to stay ahead of the curve and outperform your competition. One of the best ways to achieve this is through a strategic plan. A well-constructed strategic plan can define your business’s goals and provide a roadmap to help you achieve your objectives. However, not all […]
The emergence of Artificial Intelligence (AI) is reshaping the world as we know it. From self-driving cars to chatbots and virtual assistants, AI is transforming the way we live and work. In particular, the impact of AI on leadership styles is set to be significant. With AI changing the business landscape rapidly, CEOs and entrepreneurs […]
There’s a popular business analysis tool known as S.W.O.T. It provides a method for looking at strengths, weaknesses, opportunities, and threats. SWOT reviews are done for business issues of all kinds like competition, market position, product design, sales, and technology. As applied to a business, you can see the merit of doing this review periodically. […]
Businesses need to set goals and track progress to ensure success. However, there are different metrics that companies use to measure their performance. Two popular methodologies are KPIs (Key Performance Indicators) and OKRs (Objectives and Key Results). While they both provide insights into a company’s progress and they sound very similar to one another, they […]
Have you read Billy J. Ryan’s “Fix Your Why” and you want to make your company the best it can be? By aligning goals for your business with an established business strategy, setting goals helps keep everyone on your team focused on the big picture while encouraging smart decision-making among employees during daily operations. 1. […]
Want to start a business or transition out of a business? With Over $ 7 TRILLION in small business wealth created and owned by the Boomer generation, there is a huge transfer happening. As Boomers decide to cash out, those businesses will be up for sale or transfer. Younger generations won’t have to struggle as […]
Operating outside of your comfort zone is like stepping into uncharted territory. It requires taking risks, facing uncertainty, and pushing yourself beyond your limits. While it may seem daunting, operating out of your comfort zone can lead to personal growth, new opportunities, and a sense of achievement. We all face moments in our lives when […]
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You’ve read the self-help books, you’ve attended the seminars, but you’re still finding yourself paralyzed when it comes to making major decisions. Sound familiar? Well, the solution might be simpler than you think. It may lie in a process called reframing, a technique that revolves around shifting your perspective to unlock your decision-making power. “Change […]
In every company, there are two types of organizations that operate simultaneously: formal and informal. One is officially recognized, while the other is more organic and often difficult to detect. Understanding the differences between these two organizations is crucial for managers and CEOs, as it can help them navigate complex social structures, increase communication and […]
