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When Should a Small Business Hire an Executive Team?

Up and Running

As you find your footing and begin to scale, you might feel ready to hire a formal executive team. What’s right for one company may not make sense for another, but the goal is always the same — to hire talent that will ultimately help the business thrive. When is the right time to hire an executive team?

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The True Cost Of Poor Leadership

YoungUpstarts

While poor management has a financial cost, it also has a wider detrimental cost to a business, as well as individuals. Bad leadership can be the result of insufficient training, an inadequate understanding of the business, and weak management skills. Poor leadership is often compounded by poor communication.

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7 Most Effective Business Strategies for 2022

The Startup Magazine

Because employee objectives differ greatly, it’s best to poll your team in order to set expectations and develop effective retention strategies. Hire Strategically. Research has shown that companies lost on average $14,900 on every bad hire. Invest in Leadership Training. Embrace Digital Marketing.

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How The Coronavirus Has Forever Changed Remote Work

YoungUpstarts

It’s been thought that in order to get the best from your employees, they need to be together in a physical space under the watchful eye of a manager. 80 percent reported being able to better manage interruptions from coworkers. How to manage a remote team. You hired them and you know what they can do. Never assume.

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9 Effective Strategies To Upscale Your Business 

The Startup Magazine

Adaptability plays a crucial role in the strategy and management of your company. When it comes to people management, it is important to customize your approach to each individual. No two employees are the same, and your management plan should reflect that. Hire trustworthy people who will stay committed to their promises.

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How to Become a Fractional CMO

Duct Tape Marketing

Fractional CMOs typically bring their wealth of experience to guide marketing efforts, helping companies refine their brand messaging, identify ideal clients, improve client retention and more. The key to successfully managing this type of schedule? Effective project management skills are key in managing a flexible schedule.

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Experts share tips for mission-driven organizations on DE&I

Board Effect

Research from Diversity Council Australia’s Inclusion@Work Index consistently shows organizations that focus on building an inclusive workplace are more productive, high-performing and better at managing problems and identifying risks. That’s not an argument for slowing down. Luckily that’s what boards do.

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