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Leadership & Management

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  • Sep 23, 2024
SWOT Analysis: Pros and Cons

What Is a SWOT Analysis? A SWOT analysis is a strategic planning tool used to identify and evaluate the Strengths, Weaknesses, Opportunities, and Threats of a business or project. It helps organizations assess their current …

  • Sep 13, 2024
Understanding the Difference Between Short-Term, Medium-Term, and Long-Term Planning

Strategic planning is a key element in the success of both an individual and of a business as a whole. But what distinguishes short-term planning from medium-term and long-term planning? How do these planning strategies …

  • Sep 11, 2024
The Future of Outsourcing As We See It in 2024

According to Grand View Research, the global business process outsourcing market’s value was $245.91 billion in 2021. With a CAGR of 8.5%, its revenue is forecasted to reach $435.89 billion in 2028. Evidently, there’s a …

  • Sep 8, 2024
7 Business Process Improvement Techniques to Implement Now

In 1913, Henry Ford established the first moving assembly line, which shortened the production of an entire car from over 12 hours to one hour and 33 minutes. This was a business process improvement that …

  • Sep 5, 2024
What Are Organizational Skills and How to Improve Them

If you’re the kind of employee who gets things done in the most efficient ways, your company values you! It’s a core skill that recruiters look for the most in potential candidates during the hiring …

  • Sep 5, 2024
How to Create Performance Standards for Your Company

When does an employee deserve a reward or promotion? What defines team excellence? What makes your business successful? The answers depend on your organization. Every role and position in any company has its unique description …

  • Sep 5, 2024
How Much Does an Employee Cost? – Full Guide

When hiring a new employee, all the potential candidate sees is the salary. But for the employer, there’s more to that figure than meets the eye. Employees need recruiting, onboarding, and training, among other expenses, …

  • Sep 5, 2024
A Beginners Guide to Project Management Methodologies

Ask any successful business leader and they will tell you that in a business concept, there is no such thing as a ‘one-size-fits-all’ approach. Each business setting is unique, and so are the challenges. That’s …

  • Sep 3, 2024
Net Profit and Gross Profit Calculations: Assessing the Financial Health of Your Business

Becoming a business owner is a healthy career goal, and when you are ready to venture into the world of being your own boss, it is important to understand what net profit is and how to …

  • Sep 3, 2024
The Best Reference Check Questions to Ask When Hiring

The hiring process is critical to the success of any business. As an HR manager, you want to find the top candidate with the right skills to bring new energy and creativity to the company. …

  • Sep 2, 2024
FLSA Rule 3: Unauthorized Overtime Poses Threat To Businesses

It has been over eight decades since the Fair Labor Standard Act (FLSA) was enacted in America. The law introduced the concept of overtime pay, which compelled companies to compensate their employees for time worked …

  • Aug 14, 2024
How to Create a Long-Term Strategy in 5 Smart Steps

“Someone’s sitting in the shade today because someone planted a tree a long time ago.” ― Warren Buffett No business enterprise, whether it’s e-commerce or a law firm, can do well without a solid long-term …

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