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Six Ways A Small Business Can Use Outsourcing

Strategy Driven

These tasks are the tasks that take you away from your core skills and require you to spend more time than you need on learning new skills that are only linked to a limited amount of functions. Especially if they are highly-skilled staff members. IT Services and Technology. For example bookkeeping or payroll.

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19 Tips & Ideas on Starting & Running Your Own Business

Miles Anthony Smith

But don’t be discouraged; for many the hard work is worth it when you consider the freedom over your own time and finances. However, networking is a skill that can be learned like any other, so begin practicing in your current role until you feel confident enough to network for yourself.

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Find the Reverse Leaders in Your Midst

Harvard Business Review

Still others have some leadership abilities but lack some vital element of leadership, like the sales professional who excels in creating strategy but doesn't yet have the skills needed to manage a sales team. They're the ones with strong interpersonal skills born of self-awareness.

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Innovating the Toyota, and YouTube, Way

Harvard Business Review

In terms of people, processes and technologies, Toyota and Google's YouTube have little in common. These investments are more about the development of human capital than finance. Access to innovation resources and skills matter far more than money. They don't just partner; they provide resources that add value.

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It’s a Match! How to Create an Equitable Compensation System That Fits You

HR Digest

However, it is very likely that unless companies also learn how to create an equitable compensation system, these funds will not be fairly distributed among all, equally skilled, employees. Identify any skill gaps within the organization and adjust compensation accordingly. Adapt to these changing trends and standards accordingly.

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How Women of Color Get to Senior Management

Harvard Business Review

Sixteen women were interviewed and seven others participated in a focus group. They were employed in midlevel to upper-midlevel management positions in strategy, finance, marketing, legal, operations, and technology functions. They pursue management challenges.

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Workforce Analytics Isn't as Scary as It Sounds

Harvard Business Review

The goal is simple: put the right people with the right skills in the right work. So early on, Finance and HR collaborated to simplify the process, reducing the number of data metrics. Finally, they put a plan in place to improve the skills of supervisors and to provide coaching for low and average performers.

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