The best way to learn is often through watching others first followed by a practice period until that new skill becomes natural. That learning curve can be significantly shortened through the input of a mentor who can provide honest feedback and tips to accelerate your growth process.
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There is an interesting dichotomy within the business world. Every senior management team wants their employees to be top performers, and yet so many companies are not investing in talent development programs to make that happen. CEOs who recognize that an investment in their staff is an investment in the company’s long-term success, generally become a more competitive force within the marketplace.
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Being a leader of an organization is truly a difficult task. At the same time, for me, it has been one of the most rewarding opportunities I have had in my life. Becoming a leader has caused me to stretch and grow in ways that I’d never imagined. I have led teams and won… I have led teams and lost. But no matter what, I have always been committed to learning and being a better leader.
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Many go to colleges and some even aim for higher education, but how useful is it really within the job force? Educational attainment does not always guarantee higher wage and secure employment.
As the job market becomes more competitive overtime, an employee’s trainability and willingness to learn is what gives him an edge. Talent shortage is one of the leading problems in the hiring market according to a report by Manpower Group—proof that one’s skills, whether acquired through university or adapted and enhanced over the years, are the priority of today’s employers.
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Is your service company profitable? How profitable? How do you know?
Pricing for service-based businesses is often elusive for many business owners. If you look at the price for consulting or marketing, for example, you will likely find pricing and pricing strategies all over the place. If they are based on hourly fees, some firms will focus on a low price strategy, others will be more “middle of the pack” – basing their pricing on average market rates, and others present themselves as premium service offerings. If they are project-based, they may price based on estimated hours or even based on the future value of the service.
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In an ever-changing business landscape, leaders must keep an eye on the pulse of talent development initiatives to meet their long-term company goals and remain competitive in the marketplace. As industries move towards advances in automation and digital interfaces, many job responsibilities will begin to change or become irrelevant over the next decade and beyond.
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If you do a search on the topic “small businesses and the coronavirus pandemic,” you’ll find there are hundreds of thousands of articles, images and videos sharing stories, providing encouragement, offering lessons learned, and supplying turnaround strategies for the small business community. Each one provides a different perspective and different nuggets of valuable advice
We, at Aepiphanni Business Consulting, not only own a small business — our entire client base are small business owners that we help become extraordinary leaders and companies. With that in mind, we would like to share our unique insight of experiencing the coronavirus pandemic on two fronts: inside our own business and how we supported our clients through their Covid-19 pandemic challenges.
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In 2019, the U.S. Small Business Administration recorded a total of 30.7 million small businesses in the United States. This translates to small businesses making up 99.9% of American businesses. On the other hand, medium-sized businesses are making their own economic impact. The Government of Canada found that 21,926 of all Canadian companies (or 1.9% of Canadian firms) were medium-sized businesses.
While many may have their attention on Fortune 500 companies, these statistics prove that SMEs (Small to Mid-size Enterprises) help drive the economy of any nation forward. But what are the exact contributions of small and medium-sized enterprises? In this article, we list three specific impacts and how SMEs became an economic force to be reckoned with.
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Most people believe that the why behind the business is one of the key factors that moves everything forward. This means one thing—that you are the biggest asset of your business, and the reason goes beyond the fact that you are the founder. Rather, it is because you intimately know the motive behind your business, why it aims to solve customers’ problems in the first place, and how its positively impacts your community as well.
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