Importance of Emotional Intelligence: Why you should pay attention!
What is emotional intelligence? Emotional intelligence, also referred to as EQ, defines a person’s ability to manage and control their emotions and influence the emotions of other people around them. Why is it important? Emotional intelligence is important, and every working executive/manager should have a good EQ. Emotional intelligence is also crucial for selling because […]
4 Must-Have Skills for Front-Line Leaders in 2023
Front-line leaders are the professionals who lead and make decisions for a specific department or organization such as team leaders, supervisors, managers, etc. Importance of front-line managers These front-line managers bridge the gap between upper management and frontline workers. It is their responsibility to keep workers motivated so that they can contribute towards the organization’s […]
How to Evaluate a Training Program in 2023
Most training programs are conducted by companies to ensure that their employees can contribute to their goals without any problem. Training programs are crucial to ensure that your employees are ready to do their job in a specific skill. These training programs cost to be expensive! If the program does not turn out to be […]
Diversity, Equity, and Inclusion
You may have been involved with diversity training in the past but what is the current standard for diversity, equity, and inclusion (DEI)? When evaluating your current program’s success or implementing changes to your DEI approach, you need to understand each component. It is important to understand the business case for DEI, as well as […]
Leadership Styles and Group Behavior
As long as there have been leaders, there have been those who tried to determine how and why they were successful. Leadership itself has not evolved, but our understanding of it has. It is important to understand why very different leadership styles can be effective, why the same leadership techniques will not work in every […]
The importance of Motivation in Performance Management
Every employee needs to be motivated so that overall group performance can be improved. Motivation is more than being satisfied. Motivation is what causes employees to go the extra mile and commit to a project or company. While employees must take some responsibility for motivating themselves, management can help motivate and develop individuals. Some common […]
A Small Business Owner’s Guide to Keep Recurring Costs Low
According to a study by U.S. Bank, 82% of businesses in the United States fail due to inefficient cash flow management. This can include poor practices in accounts payable or accounts receivable as well as expense issues in other areas of the business. While managing cash flow is a multivariable problem, keeping your recurring cost […]
What is My Role in Knowledge Management?
As a manager, it is essential for you to foster and support knowledge sharing throughout the organization. There is a role for you, regardless of the company’s size and industry. In its simplest form, knowledge management is having a system that centralizes knowledge for sharing in an organization. There are four components of knowledge management: […]
Is Founding a Company like Riding a Tandem Bicycle?
Startups utilize business partnerships like suppliers and strategic alliances. It is also common to have a co-partner or founding partner. Having a co-partner can lessen the pressure on one person’s shoulders and finding the right partner could combine strengths that one founder does not have. This individual could be a family member, friend, or partner […]