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What Not to Do When Business Sours

In the CEO Afterlife

In terms of rectification, you have to look at the issue in the context of whether the problem is a short-term blip or the beginning of a long-term shift to your business or industry. When I was a CEO, I managed to squirrel away a “rainy day” fund for nasty business blips. At best, they are managers.

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How to Make Your Performance Review Process Suck Less

Next Level Blog

That may be true in terms of the process that you have to work within. It’s not true, however, in terms of how you can use the annual review process to set you and your team up for success. There are short-term and long-term effects of performance conversations on engagement and commitment.

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What Not to Do When Business Sours

LDRLB

In terms of rectification, you have to look at the issue in the context of whether the problem is a short-term blip or the beginning of a long-term shift to your business or industry. When I was a CEO, I managed to squirrel away a “rainy day” fund for nasty business blips. At best, they are managers.

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It’s Time to Abolish the 70% Change Failure Rate Statistic

Change Starts Here

You don’t have to be in or near the field of change management long before you hear a daunting statistic: 70% of change initiatives fail. It’s mentioned in passing as a fact in most change management books and articles nowadays. Isn’t that closer to a failure rate, in the truest sense of the term?

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4 Signs Your Business Needs a Storage Service

Strategy Driven

This is why renting a commercial storage unit for your business can offer an affordable and furnished shelving space to meet with their space requirements, seasonal or long-term. Such incidents are common in the businesses that deal with mechanical tools that include, drill machines, hammers, wedges, saws, glass, and other sharp objects.

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Eliminate Slogans, Exhortations and Targets

Deming Institute

Edwards Deming’s list of 14 points for western management : Eliminate slogans, exhortations, and targets for the work force asking for zero defects and new levels of productivity. If so, you should examine your management system. It is a bad sign and points to serious management problems. Point 10 on W.

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Small Business Cash Flow Management: Why It’s Important and How to Deal With Problems

Strategy Driven

The businesses that fail to manage cash flow effectively are often doomed to failure. Read on to find out why cash flow is so important and how you can manage it effectively. Cover debts and protect your business credit – Proper management of your cash receipts means you’ll always be able to pay your debts and suppliers on time.