Have you ever wondered why some people seem to be really good at problem-solving, while others struggle to make decisions? Did you know that when you strengthen your problem-solving skills, it can actually help you learn how to make better decisions? That’s because you’ll gain the confidence, acquire the analytical skills, and develop the creativity you need to be able to make predictions about the results of different solutions. We’ve put together some of the best ways to strengthen your problem-solving skills and become a more confident decision-maker.
After an exciting promotion to a management role, the transition from co-worker to manager needs to be as smooth as possible. Follow these do’s and don’ts to ensure you earn the respect of your team as well as your organization’s leaders.
When one of your employees is delivering a sub-par performance, you need to have a difficult discussion. Talking to employees about bad performance can be uncomfortable, but having a script for bad performance reviews can make your job easier and give your employee the best chance at improving.
In 2013, President Obama raised minimum wage to $9/hour, as previous wages were so low that families were unable to afford living costs. Today, states are raising wages even higher, with California being the first state to adopt the legislation that will gradually raise minimum wage to $15/hour. This increase is a positive one for workers, but what does this mean for small business owners like you? Well, it could mean that jobs might need to be cut if employers are expected to pay higher rates. We could also see an increase in prices (up to 4.3%) as well, as employers will need to make more money to pay a higher wage.
Why do people hate change? Because most people feel comfortable doing what they have always been doing. “If it ain’t broke, don’t fix it,” they say. Psychologically speaking, it’s not just that people fear change, (although they absolutely do) It’s also that they genuinely believe what they’ve been doing, and how they’ve been doing it, is the best possible way to do it. And the longer they’ve been doing it this way, the better, more efficient, more economical, etc., it is (or so they believe).
As an architect, contractor or engineer, you’re expected to be an expert in your field who delivers quality work. However, your educational pursuits and years of on-the-job experience working for someone else probably didn’t prepare you to own and operate your small business. You are a pro in CAD software, but a novice when it comes to accounting programs.
The truth is running a business is never as easy as costs versus profits. To help your small business grow, you’ll need to brush up your small business management knowledge.
As an employer, you can better understand your employees’ traits and roles within your organization by using personality tests. Personality tests can be extremely valuable to all employers across many different industries and organizations.
The world is globalizing at an increasing rate, and trends don’t show signs of this slowing down any time soon. Here in the United States, we’re increasingly becoming a more diverse nation with every business industry consisting of a large variety of people from different cultures, life experiences, family types, generations, and more. This is why the ability to work across technologies, borders and cultures has become so important.
The Holidays are such an important time of year for small businesses. For many, especially in retail, the Holidays may make or break the entire financial year. Craft fairs and holiday markets have become popular among both consumers and small businesses during this time. But are businesses doing all they can to maximize their retail sales from holiday markets?
Owning your own retail business can be an exciting, albeit challenging, undertaking. When you look around at some of the larger brands you can see how shifts in consumer behavior and brand loyalty has changed the success and trajectory of a once rather predictable industry. For instance, Wal-Mart announced earlier this year that they would close 269 locations in 2016, accounting for roughly three percent of their stores.