Equity, diversity, and inclusion (EDI) are essential components of a successful workplace. When organizations prioritize EDI, they not only create a more equitable and just work environment, but they also see tangible benefits for their business. In this article, we will explore why equity, diversity, and inclusion in the workplace are good for business. First, …
Systems Are The Key To Business Success
The development of business operational systems is an essential part of ensuring the success and growth of an organization. Operational systems are the processes and procedures that are used to manage and coordinate the activities of the business, and they help to ensure that the business is efficient, effective, and aligned with its goals and …
Solving Problems is What Business Is All About
At its core, business is all about solving problems. Whether it’s a problem facing a customer, a problem within the market, or a problem within the business itself, businesses exist to provide solutions and address the challenges that arise. For customers, businesses provide solutions to their problems or needs through the products or services they …
Artificial Intelligence For Your Business
Have you ever thought about how artificial intelligence (AI) could potentially transform your business? AI has the power to improve efficiency, make smarter decisions, and give your organization a competitive edge. For instance, AI can take care of a lot of tedious tasks and free up your team’s time and resources for more important work. …
Gaps In Business Processes
There is a major concern facing a number small to mid sized business owners that I know and is a huge concern of mine as a business manager. Gaps in business processes can cost an organization thousands, if not millions of dollars due to inefficiency and due to unscrupulous individuals who are familiar with the …
Leaders vs Managers
Managers tend to deal with the various day-to-day tasks and operational requirements of an organization. These tasks may include the management of staff and specific processes essential for the operation of the company. Good managers possess strong people skills and an organizational skill set. Their management requirements are not limited to projects and other special …
Mitigating The Outcomes of Change
With change in any organization, positive and negative outcomes will affect the moral of the company that is experiencing the transition. The negative aspects of the transition process can undermine the reasoning for the change and cause individuals to question the need for the change and its validity. Careful planning is an essential component in …
The Paradox Of Size
Generally, larger organizations are more risk adverse, losing their nimbleness in being able to address change and innovation quickly. Larger corporations have the mandate to provide return on investment for its stakeholders and mitigate risk. Most smaller companies have the ability to pivot and change direction to remain innovative. However, it is harder for smaller …
Organizational Innovation
The ability to stimulate innovation within an organization can be a difficult proposition. At times, the environment necessary to foster innovation within an organization is hampered with the prejudice of individuals who are from similar backgrounds, experiences and education. The ability to specialize can provide an organization the focus needed to bring to market a …
Non-Stop Change
Non-stop change is the phenomena where a change overlaps another change and experiencing constant, continual change. Change has become a normal occurrence in today’s business environment. The need for organizations cope with a constant state of change is essential. In the book, Managing Transitions, the author Bridges states that by focusing on problems instead of …