If you’re an entrepreneur, you know that one of the most important things you can do is de-risk your business. But what does that mean, exactly? In this blog post, we’ll explore five effective strategies for de-risking your business. By implementing these strategies, you’ll be in a better position to weather any storms that come your way.
Category: Business Management
Future Of Work Predictions – 5 Trends You Should Know
The pandemic has permanently altered the ways we live and work. Employees globally have reevaluated their aspirations and work preferences. Here are 5 future of work predictions you should be aware of.
The 5 Worst Hiring Mistakes You Can Make (And How To Avoid Them)
Hiring is a process, and like any process, it can be improved. By continuously monitoring your hiring process, you can make changes and improvements that will help you attract and hire the best candidates. Here are five common hiring mistakes you can make and how to avoid them.
3 Business Management Myths That Ruin Growth And Innovation
Twenty six thousand two hundred eighty hours and more. Yes, that is how long I have been working with businesses as a strategic advisor. Long enough to come across the most common business management myths that ruin innovation and growth. These myths hinder decision making.
The Top 5 Reasons Why You Should Perform A Why Why Analysis
Why Why Analysis is where your search for one of the simplest and effective problem solving methods ends. Widely used in the world of lean development, this method also known as the 5 Why Analysis, cuts through false alarms and leads you to the root cause of a problem.
How Can A Business Create Value For Its Customers Using A CRM?
You are not alone if you are yet to use your CRM system to its full potential. Stats show that most businesses are never able to unlock most of the features and functionalities of their customer relationship management software. Did you know a business can create value for its customers using a CRM?
7 Signs That You’re Penny Wise And Pound Foolish With Your Business
Is your business penny wise and pound foolish? Sometimes making penny wise decisions with your business can lead to being pound foolish in the long run. You may be able to save a little money in the short term, but if it means sacrificing essential functions or investments in your company, you could be doing more harm than good.
How To Measure The Spread Of Data?
Making sound business decisions often relies on having accurate data. However, not all data is created equal, and it can be difficult to measure the spread of data to understand how it varies and what that means for your business. There are a few different ways to go about measuring the spread of data, each with its benefits and drawbacks. In this blog post, we will explore three of the most common methods used to measure the spread of data.
3 Simple Steps To Measure Your Business Growth
Tracking the right metrics is essential to understand and measure your business growth. While some businesses may be tempted to focus exclusively on their financial growth, several other measures can be just as valuable in gauging overall success.
The Benefits Of Promoting Intrapreneurship: How To Encourage And Promote Innovation Within Your Company
Intrapreneurship is the act of creating and implementing new ideas within an existing company. It is a way to encourage and promote innovation within your organization. Promoting intrapreneurship can lead to improved productivity, creativity, and competitiveness.