Posts

Showing posts with the label company

Readers Choice

Navigating the Unknown: Leadership in an Era of Uncertainty

Image
 Leading through the mists of uncertainty can feel formidable; yet, it unveils a chance to display resilience, adaptability, and visionary leadership. Here are a tapestry of strategies to amplify your prowess in traversing unpredictable realms: Embrace Flexibility and Adaptability Stay Agile: Nurture a malleable work atmosphere that empowers teams to swiftly shift and respond to emerging insights and changing tides. Iterative Planning: Break down long-term visions into smaller, manageable milestones that can be recalibrated as needed, allowing for continual reassessment and evolution. Communicate Transparently Honest Updates: Keep your team apprised of the current landscape, even when the news is less than favorable. Transparency begets trust and ensures collective alignment. Open Dialogue: Foster a space where team members feel emboldened to express their concerns and ideas, enriching insights and uplifting morale. Focus on What You Can Control Identify Priorities: Direct your ene...

9 Costly Items Your Company Can Live Without

Image
If your company lacks the cash to survive the next six months, think about these cutting back on these nine expenses. "The First 90 Days" is a series about how to make 2016 a year of breakout growth for your business. Let us know how you're making the first 90 days count by joining the conversation on social media with the hashtag #Inc90Days.​ Stocks have plunged since 2016 dawned. It is unclear whether this plunge is a result of investor fear or its cause. But one thing seems certain: The uncertainty could spell trouble for companies seeking to raise capital from investors. If you run a company that was counting on raising capital that has been delayed due to these market conditions, you will need to tighten your company's belt. How should you do that? Here are nine costly items your company can live without. 1. Money-losing product lines. If you don't know which products are profitable and which are losing money, you need your finance departmen...