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Featured Articles
How Do You Predict the Future?
With the COVID-19 pandemic, predicting the future seems particularly challenging: are you better off shaking a magic 8 ball or flipping a coin? But in fact, the process of predicting COVID-19, or more specifically, its effects on your company, is identical to the process you would use to predict anything else in your business. And the ability to predict is a skill that will benefit you long after the pandemic is behind us. You need just two ingredients: information and insight.
How to Reopen Your Business
Now that you're able to reopen your business, it’s important to keep moving the ball forward. The positive changes you’ve made in your company have kept you alive this long, but you’ll need to keep evolving. We recommend you reopen your business in three phases: recover, restore, and revitalize:
How Have Your Core Values Held Up?
Identifying company values, along with a mission and vision of the future, is considered table stakes if you want to run a successful company. But integrating and living by those values is more difficult than it seems. And when crisis strikes (i.e. COVID-19), that’s when core values are really put to the test.
How to Hire a Team of "A" Players
Finding amazing talent has been absurdly difficult the last 5-6 years. Extremely low unemployment meant that the best employees were already working somewhere else (and, in some cases, being constantly solicited by recruiters with better offers). How quickly things can change. The talent that was impossible to find and hire just weeks ago could be job hunting right now. Your business may have the opportunity to start building your "A" team.
Embrace the Online Business Meeting
If you want to keep doing business (which, right now, might look like networking and maintaining relationships if your operations are shut down), you’ve got to embrace the virtual meeting. And even once you’re able to go back to the office or meet up for lunch again, here’s why you should consider keeping some of your business meetings online.
How's Your Employee Engagement?
Whether you love it or hate it, the working world has gone online. For those companies fortunate enough to be able to take their operations virtual, it’s a dramatically different paradigm. While the ability to work remotely is a huge advantage right now, there’s a very real possibility that your employees will become disengaged from the company’s mission and from one another.
Get Your Business Cash Flow Positive
When will life be normal again? And how can we possibly plan for “normal life” when we have no idea what will happen between now and then? For your company to endure this challenging time, you have to be optimistic that there will be an end to the pandemic and that your organization will be around to see it.
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