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Key Strategies for Aspiring Entrepreneurs Considering Franchise Ownership

Strategy Driven

Budgeting wisely, preparing for unexpected expenses, and familiarizing oneself with various financing routes are elemental strategies for financial preparedness. Navigating financing options and loan opportunities. Stress mitigation may include: Delegation of duties. Financial forecasting and budget management.

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Recent Promotion to Management: Leadership Success Case Study

Mike Cardus

Anthony, at 30, was promoted to Director of Finance. 6 months later, after several of his staff had approached the VP of Finance with their concerns, I was brought in to help Anthony meet these challenges: Anthony was showing favoritism to his friends , with whom he used to work and now was managing. Intervention. 1 on 1 Coaching.

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Is your Leadership Development Developing Leaders?

Great Leadership By Dan

As I wrote Building Blocks — Case Studies of a Serial Entrepreneur , I realized that over the years, I toiled with many of my failures, but I never analyzed the variables of the successes. Few, if any, have had soft-skill training in actual management topics such as difficult conversations and delegation.

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“Increasing Productivity From an Employee Who Has Struggled For Years”

Mike Cardus

Supervisory skills such as delegation, team building and planning are presented in a manner that makes you think of the processes in as a clear set of easy to follow steps. " Michael Samulski Director of Finance Autistic Services, Inc.

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Make Sure Your Team’s Workload Is Divided Fairly

Harvard Business Review

Delegating work to your team may sound like a straightforward task of management, but, in fact, it’s complicated. ” Morgenstern suggests setting aside one or two hours at the end of each week for “delegation strategy and review.” Devote time in your schedule for thinking through your strategy for delegating.

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How to Tell Your Boss You Have Too Much Work

Harvard Business Review

“Say, ‘It is taking me about five hours a month to prepare this report for the finance department. Your goal is to identify “projects that can be delayed, delegated, deleted, or diminished.” Case Study #1: Offer solutions and be open to advice. Is this in line with what you would expect?

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How to Boost Your Team’s Productivity

Harvard Business Review

The key to improving individual productivity is to eliminate or delegate unimportant tasks and replace them with value-added ones, says Cohen. Case Study #1: Create open lines of communication and respect your team’s downtime. ” Case Study #2: Communicate expectations and track progress.