As a business owner, you know your employees are the backbone of your company. If you need to shore up resources in tough times, though, it could entail laying off one or more people. When facing such a difficult choice, it’s important to realize that the impact of your decision will be felt throughout the organization.
Working through the Covid-19 pandemic and the economic decline that followed has been challenging for people across all industries. As a manager, you should look for ways to support your team and make them feel valued during these difficult times. But in an unpredictable economy with already-tight budgets, you may not have the money for raises.
While remote work and video interviews are the norm now, a face-to-face, in-person interview might help you figure out more about a company and the interviewer than an online consultation would. It’s also more challenging to express your charisma and personality via video, which can throw you off your game if you’re not prepared.
Technology has increasingly become the medium of modern communications, especially in the Covid-19 era. With so many of our interactions happening on digital platforms, we need to become experts in clearly communicating with each other through email, video conferencing and instant messaging.
Being asked to mentor someone can feel like an honor—but it can also feel overwhelming and intimidating, especially if you’ve never had a mentee before. You might question whether you’re even qualified to guide this person in their life or career. However, every expert must start somewhere.
It’s common knowledge that phones can be a time sink, with their constant stream of notifications and alerts. For busy working professionals in particular, falling into the trap of checking their phone whenever there’s a new notification (or even when there’s not) can have devastating effects on their productivity.
Opening a new business is a scary prospect because there’s always a lot of uncertainty. For new business owners especially, the fear of the unknown is centered on the availability of funds. Worrying about money is common, and even people who aren’t business owners do it.
Starting a new job can be intimidating. You’re entering an existing workplace culture, and on top of learning your responsibilities and delivering top-notch work, you also need to learn to fit in with your colleagues.
Budding entrepreneurs dream of the day they can leave their current jobs and start their own businesses. The trick is knowing when to make the attempt to turn a dream into reality. It’s easy to get caught in a web of anxiety and end up “trapped” in an unsatisfying job — but there can also be devastating consequences for making the leap into starting a new business too soon. So how does a budding entrepreneur know when the time is right?