article thumbnail

Team Engagement Brings Competitive Advantage

Lead Change Blog

There is a lack of employee engagement and productivity as accuracy levels decrease, absenteeism increases, motivation is lacking and an unhealthy degree of competitiveness exists. Team members make your company’s success and in an era that is so focused on technological advancements effective teamwork is your biggest competitive advantage.

article thumbnail

Budget Development Best Practice 1 – Maintain Confidentiality During Budget Development

Strategy Driven

Budgets are the financial representation of an organization’s business plan. And while it is important to include the workforce in the formulation of these plans, it is equally important to maintain the confidentiality of information providing competitive advantage or that may unnecessarily alarm workers. Want to learn more?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Budget Does Not A Strategy Make!

Strategy Driven

However, when you review the result, you often find that the ‘ strategic plan ‘ is nothing more than a set of long-range goals and an annual budget. It is not budgeting. Indeed, to paraphrase the late, great Francis Pharcellus Church, “ Yes, Virginia, there is a Strategic Plan – and it’s not a budget! ”.

article thumbnail

Nonprofit Executive Search Firm: Your Ally in Mission-Driven Hiring

N2Growth Blog

By partnering with a qualified executive search firm, organizations can gain a competitive advantage in attracting and retaining top talent that aligns with their mission and strategic objectives. Why Should Nonprofits Use an Executive Search Firm?

Execution 425
article thumbnail

Thinking Outside the Box: The Advantages and Disadvantages of Unique Employee Benefits

HR Digest

Competitive Advantage: Offering non-traditional employee perks can give companies a competitive advantage when it comes to attracting top talent. Ultimately, the decision will depend on a variety of factors, including the company’s size, budget, and overall business goals.

article thumbnail

5 “NEXT PRACTICES” WHEN HIRING A GENERAL COUNSEL

N2Growth Blog

Many lawyers don’t know how to make sense of a balance sheet, create a budget, turn the legal department into a revenue stream, or manage and lead people so that they produce real business results. That’s where you create sustainable competitive advantage. This is simply not the case. That’s not “Next Practices.”.

article thumbnail

Are You Smoking What You’re Selling?

Lead Change Blog

How budgets are allocated – Are you allocating financial resources to leadership development? A never-ending supply of competent, values-based leaders creates a real sustainable competitive advantage. If you’re not in pursuit of this advantage, start today and enjoy the journey!