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5 Ways Leaders Can Eliminate Stress And Reboot For Change In 2021

YoungUpstarts

by Joel Patterson , the founder of The Vested Group and author of “ The Big Commitment: Solving The Mysteries Of Your ERP Implementation “ As a challenging year winds down, companies are sifting through what worked and what didn’t as they prepare to reboot for 2021 after dealing with the many difficulties brought on by the pandemic.

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Ways for Startups to Limit Liability in Company Car Crashes

The Startup Magazine

Prudent startup leadership should thoroughly discuss with insurance providers the specific scenarios and coverage amounts, ensuring robust protection against multivariable exposure. This policy works to improve fleet management while holding employees accountable for their actions when driving the organization’s vehicles.

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Why Your Business’s Purpose Should Be More Than Making Money

Up and Running

Today, however, we are witnessing a shift toward a more intrinsic motivation for both companies and their employees. The shift toward business models that embrace social responsibility raises questions about how financially sustainable it is to dedicate resources and employee energy to doing good in the world. Begin with leadership.

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Should You Offer Equity Compensation to Employees?

Up and Running

If you’re thinking about extending equity to an employee or a vendor (as in the example above), you should know that the topic is multi-faceted. If however you are giving a “normal employee” an incentive stock option plan (more on that later), that’s entirely different. Finding great employees first. What is equity compensation?

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Succession Planning Best Practices for Nonprofit Boards

Board Effect

Strong leadership is vital for nonprofits and succession planning helps you maintain that. At such a time, the gap in leadership can be glaring and disconcerting. At such a time, the gap in leadership can be glaring and disconcerting. To put it bluntly, weak leadership can be the kiss of death for a nonprofit.

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Best and Worst Practices (Plus FAQs) for Layoffs

OnlyOnce

Short of declaring failure and shutting down your company, laying off employees is the worst thing you may have to do as a startup CEO. This isn’t firing for cause—employees aren’t being asked to leave because of their own failings. Cut more employees than you think you need to in order to reduce the risk of a second round of layoffs.

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The Most Important Skill You Never Learned – Expert Tips To Solve Problems like Top Strategy Consultants  

YoungUpstarts

Leadership consultancy Zenger Folkman recently surveyed over 300,000 managers and found that problem solving was the second most important competency, regardless of function or level. Consultants aren’t immune to bias, but, as outsiders, they don’t have a vested interest in solutions and recommendations. Think like a consultant.