“If you were to take a look around your workspace, would you say that you’ve provided your staff with a comfortable environment that allows them to perform their best?” the author asks. If not, she continues, there are changes large and small you can make, from losing the cubicles in favor of an open design office space to installing ergonomic workstations.
While it would be nice to pick the brains of self-made billionaires like Warren Buffet or Bill Gates, it is unlikely that any of us will have such an opportunity. Thankfully, ten of the most noteworthy entrepreneurs have written books that describe their lives and the lessons they have learned in building their fortunes. The books range from Richard Branson’s “Losing My Virginity” to Michael Dell’s Direct from Dell”.
The number of remote employees has increased by 115% worldwide over the past decade, as business owners see the advantage of a wider talent pool and savings on office space (among other benefits). However, a recent study in the Harvard Business Review found two-thirds of remote employees consider themselves disengaged and over 40% reported that getting face-time with their teams would help in building deeper relationships. Setting up your remote employees for success requires measures to keep them engaged and feeling part of the team, the author says. He discusses three steps to do so: set up video conferencing; host all-company events; and collect feedback from your remote employees.
In this Microsoft podcast, its corporate VP of the company’s Cloud AI (Artificial Intelligence) platform discusses how AI, when coupled with location intel, can magnify understanding and help business growth.
Citing the example of Theranos, which succumbed to integrity and ethical issues that led to its demise, the author and founder/CEO of Startup Professionals rhetorically asks: “I wonder how an early advisor might have coached them to a different outcome.” He further states that “every entrepreneur and new business owner needs to start by reaffirming their personal values, and then watch diligently for the warning signs that test your integrity and that of your team, or show that cracks already appearing in your armor.”
He then discusses five key warning signs that he most often sees, and offers guidance on how to respond: you sense a team switch to survival versus growth mode; conflicts of interest with outside investors and stakeholders; see efforts to minimize or cover up product or customer issues; team culture impacted by elements of negativity; and finally, multiple teams becoming isolated silos.
Now in its fifth year, the fastest-growing tech conference in North America, Collision, is moving from New Orleans to Toronto. To its credit, Toronto is recognized as “the third-largest tech hub and most diverse city in North America.” In its efforts to support gender diversity, Collision has reserved 150 tickets to its May 2019 conference (worth $785) for women in tech. Interested? Apply for your free ticket online at https://collisionconf.com/women-in-tech
“Before your business falls victim to an avoidable mistake, keep an eye out for these 13 errors that have previously sunk, or almost sunk, your fellow entrepreneurs”, the author says. She continues, “Unlike some of the entrepreneurs on this list, you may not get a second chance to right the ship”. Entrepreneurs from a spectrum of industry verticals share their 13 respective mistakes, from not paying yourself and focusing on too many things to hiring too fast and assuming a steady cash flow.
A recent study, The Caring Company, conducted by two Harvard Business School researchers, found that employers underestimate the struggle employees face when trying to balance their professional and caregiving roles. Citing statistics from an AARP report that found that six out of 10 family caregivers, be it for an adult or a child with special needs, the author states that “the informal care economy is massive”. He contends “if companies want to retain top-end talent and high performance, then dedicating more attention to this issue is a must”. So what should a business owner do to support their stressed and time-challenged employees? The author outlines three steps: assess your current workplace; offer subsidies and more paid time off; and offer targeted education and training.
“Conscious capitalism” creates both a financial and brand advantage for businesses with sustainable operations and socially responsible supply chains in the consumer marketplace, the author states. She continues, “Well, guess what? Those consumers who are interested in supporting conscious business practices are probably employed somewhere. Chances are good that they’re part of your workforce.” She then discusses three specific workforce benefits of conscious capitalism that impact your business: workers connect to the purpose of the company; engaged employees display more innovative creativity; and lastly, employees are excited to stay.