Any business is truly only as good as the leaders at its helm. That being said, here are some important leadership skills and leadership tips for business owners to consider implementing immediately (if you aren’t already).
For a business owner or entrepreneur to become a strategic leader, there are many facets they need to consider first.
While it may seem simple, joining forces with a like-minded entrepreneur to form a business partnership doesn’t come without risks.
Business owners can boost employee morale by making an effort to communicate their requests politely and maintaining a positive attitude. When delivering bad news, such as layoffs or pay cuts, address the issue plainly instead of talking around the issues, advises Karen Friedman, the author of “Shut Up and Say Something: Business Communication Strategies to […]
Entrepreneurs looking to get more out of their employee’s may want to consider productivity-based incentives, writes Ken Sweet, executive director at GPS, a management consulting firm. Economic instability has left employers in difficult situations when it comes to improving employee compensation. Sweet states that productivity-based incentives will spark employee activity and create initiative to drive […]