The U.S. job market has largely stabilized since the historic disruption of the pandemic and the unusual fluctuations that followed. But the fact remains that employee retention is mission-critical for businesses. Retaining employees is still … [Read more...]
Which leadership skills are essential to strategic planning?
To help ensure continued stability and profitability, businesses need to engage in some form of strategic planning. A recent survey by insurance giant Travelers drives home this point.In its 2024 CFO Study: A Travelers Special Report, the insurer … [Read more...]
6 key elements of a business budget
Every business needs a budget, but not every budget looks the same. Some companies have intricately detailed ones, others rely on simple templates generated with off-the shelf software, and still others forego formal budgets in favor of a “fly by the … [Read more...]
Brand audits can help companies in a variety of ways
A strong brand can help boost revenue, while a weaker one may reduce sales opportunities and stifle growth.Like many business owners, you’ve probably spent considerable time and energy crafting your company’s brand. Doing so has likely involved … [Read more...]
SWOT analysis can improve employers’ HR strategies
Employers tend to spend a lot of time strategizing ways to improve their products or services, or perhaps innovate new ones. Meanwhile, strategies for the human resources (HR) department may get devised and rolled out in a more haphazard or … [Read more...]
Strategic planning for businesses needs to include innovation
When the leadership teams of many companies engage in strategic planning, they may be inclined to play it safe. And that’s understandable; sticking to strengths and slow, measured growth are often safe pathways to success.But substantial growth — … [Read more...]
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