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Know the 6 Steps in Cost/Benefit Analysis

First Friday Book Synopsis

Here is another valuable Management Tip of the Day from Harvard Business Review. We all know we should make an investment when the benefits outweigh the costs, but few people understand what really goes into the analysis. To sign up for a free subscription to any/all HBR newsletters, please click here.

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5 Leadership Signals that Turn Culture into Advantage

Skip Prichard

Leadership Tip: The most effective leaders treat culture-shifting as a serious business process that’s explicitly tied to business results. According to one former employee, “Management made it clear that no employee was allowed to complain about the unethical practices that were going on within the branch.”. But it’s not sustainable.

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The Skills Gap That's Slowing Down Your Career

Harvard Business Review

If your speed bump is a lack of the right skills, it helps to first do a quick cost/benefit analysis to see if investing in an upgrade will be worth it. If you are in Human Resources, you can improve your technical skills with the PHR and SPHR certifications offered by the Society for Human Resource Management.

Career 8
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Followership : Blog | Executive Coaching | CO2 Partners

CO2

And perhaps more importantly, anyone occupying a position of authority plays a followership role at times, as first-line supervisors report to mid-level managers, mid-level managers report to vice-presidents, vice-presidents report to CEOs, CEOs report to Boards of Directors, etc.

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How to Do Walking Meetings Right

Harvard Business Review

Fran Melmed is the founder of context , a communication and change management consulting firm. However, look at these findings through the lens of a cost-benefit analysis. The costs associated with regularly participating in walking meetings are next to nil. Sounds like a recipe for a sedentary workday, right?

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How Freelancers Can Make Sure They Get Paid on Time

Harvard Business Review

One of the most stressful things about being self-employed is managing your cash flow. This information helps you better manage your monthly cash flow. Another tip: “Make sure you have the name and contact details of the person in finance with whom you’ll be dealing with,” says Pearce. .”