There are plenty of suggestions out there about how to best lead a company, but have you ever been told that an uninvolved, uninterested, hands-off leadership strategy is the way to go? Probably not. Being a hands-on leader is more important than ever these days, as many teams are working remote. The more a leader separates him or herself from the rest of the company, the … [More]
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5 Things You Should Be Doing for Your Virtual Internship Program
by Ben Siegel
There’s no doubting that the pandemic has drastically changed the way we work. Offices are closed, most meetings are now virtual, and networking has become a day-to-day challenge. Though industries have found solutions for most of the year’s obstacles, several internship programs have been left behind. As these programs are essential to both business owners and students alike, … [More]
COVID-19 is Driving the Housing Inventory Crisis in Unexpected Ways
Zillow
A historic inventory crisis is driving up home prices to new highs, but understanding why would-be sellers are sitting on the sideline had been guesswork. Now a new Zillow survey is shedding light on how the pandemic is influencing homeowners who are considering selling in the next three years, and the reasons why they're staying put. Life uncertainty, likely caused by … [More]
3 Talent Acquisition Mistakes You Might Be Making
by George Randle
I felt as if I’d won the lottery. Through a highly selective veteran hiring group, I had been offered a position at one of the world’s largest big-box retailers. According to a company representative, they were looking for driven leaders who knew how to mentor, lead, and provide vision for people. It sounded like a perfect fit for me. Plus, the job included a good salary, … [More]
Their Take: Taxpayer Tricks and Treats for Halloween 2020
Citizens Against Government Waste
As if 2020 wasn’t scary enough, today Citizens Against Government Waste (CAGW) released its 20th annual compilation of hair-raising, harrowing, and horrifying Taxpayer Tricks and Treats: Trick: The House Robs Taxpayers of $3 Trillion In an attempt to shake down taxpayers and steal their money in the dead of night, the House of Representatives approved the $3 … [More]
Survey: New Holiday, Election & Advertising Trends
Adtaxi
Adtaxi, one of the nation’s fastest-growing digital marketing agencies, announced the results of its Holiday, Election & Advertising Trends survey. Examining consumer response to the dominant forces shaping this unprecedented year, the study found that 3 in 4 respondents (74%) say they will make an effort to shop from local small businesses this holiday season. Still, … [More]
Generational Businesses Fail and What to Do about Them
by Kate Zabriskie
Anyone in a family business knows that, according to many statistics, the chance of the business surviving declines with each handoff to the next generation. What causes the drop-off? Among the myriad of reasons: times change, dedication levels vary and talent isn’t always genetic. If you’re in a family business, do any of the following sound familiar? Granddaddy toiled … [More]
Tips for Beginning Entrepreneurs
by Chad Nikkel
This year has definitely been one of change, challenge and adversity for business owners and employees alike. With the hardships for COVID-19, many have changed their entire outlook on employment — some out of choice and many out of necessity. One positive take-away from 2020 is that people have gotten extraordinarily creative where it comes to how they have pivoted their … [More]
More Than Half of Workers Say Their Company Has Failed at Creating a Diverse Workplace, But New Data Shows How Diversity Affects People of Color’s Ability to Succeed at Work
Clutch
More than half (54%) of American employees do not believe that their company has successfully created diversity in 2020, according to new data from Clutch, the leading B2B ratings and reviews firm. Changes in public opinion regarding workplace diversity are causing businesses to respond to employees' expectations and take action to improve diversity. Currently, … [More]
Top 5 Cybersecurity Policies to Keep Your Remote Business Alive
by Corey McReynolds
The National Cybersecurity Alliance says, “If you connect it, protect it.” Currently, two out of 10 people work remotely from home full time according to Owl Labs blurring the lines between business/personal environments. This can expose both teleworker and their business to unique cyber threats and attacks. That’s why creating cybersecurity policies and procedures to reflect … [More]
Is a Seasonal Business a Timely Fit for You? 4 Ways to Make It Work
inbusinessPHX.com
An ever-changing economy creates new opportunities for entrepreneurs, even during these rocky times that COVID-19 has caused. Whether people are looking for a better work-life balance, a new job after having lost one, or an extra source of income, opening a seasonal business is one strategy that fits those goals, says Chris Buitron, president of Mosquito Authority®. “Many … [More]
Global Artificial Intelligence Spending to Surge by 120% and Hit $110B by 2024, Retail and Banking Top List
BuyShares
Recent years have witnessed a swell in the adoption of artificial intelligence solutions, revolutionizing industries, and helping businesses boost growth. The rising volume and complexity of business data are set to continue driving AI adoption in the following years, causing a surge in global AI spending. According to data presented by BuyShares.co.nz, global artificial … [More]
Over Six in 10 HR Professionals Say Getting Employees to Read the Employee Handbook Is Challenging
XpertHR
Getting employees to read the employee handbook is the most challenging handbook-related issue, according to 619 US employers responding to XpertHR's 2020 Survey on Employee Handbooks. The survey covered seven major handbook-related challenges and found that 66% of participating HR representatives rated "getting employees to read their organization's handbook" as either … [More]
Survey Shows 95 Percent of U.S. Households Were Banked in 2019
Federal Deposit Insurance Corporation
A record 95 percent of U.S. households had a bank or credit union account in 2019, according to a new biennial survey and report released today by the Federal Deposit Insurance Corporation (FDIC). How America Banks: Household Use of Banking and Financial Services also found that a record low 5.4 percent of U.S. households were unbanked in 2019. Since 2009, the FDIC has … [More]
5 Tips to Avoid ERP Failure and Turn 2020 Disruption into Success
inbusinessPHX.com
The trials of 2020 have put many businesses in a mode of transformation. For some, that can mean changing anything from their internal operations to the services and products they offer. Due to advancements in digital technology, massive change was well underway in numerous industries before the pandemic. Enterprise resource planning (ERP) has been a central part of those … [More]
NEW Poll: Nearly Half of Black-Owned Small Businesses Closed Permanently Or Will Soon Shutter Due to Insufficient Federal COVID Relief
inbusinessPHX.com
As critical federal coronavirus relief legislation remains stalled in negotiations between lawmakers and the White House, a new poll from Color Of Change and Main Street Alliance out today reveals Black-owned small businesses are being decimated by government inaction and racial inequities. Barring swift and decisive action by Congress to provide direct grants to Black small … [More]
7 Rules You Need to Know for B2B Lead Generation
by Christopher Tompkins
So, you have heard the term “lead generation” before. But what does this actually mean for how you should operate your business? To start, there are a few things to break down: Many B2B business owners do not know where to begin when it comes to gaining quality leads. They want to make sales, but they have no specific strategy to reach their goal. Add to that the fact … [More]
Is Home-Based Work Productive? Or Not?
Rick McCartney
According to Cynthia Spraggs, this recent NPR article isn't about Zoom meetings at all. It is about whether home-based work is productive or not. "There are a lot of spurious statistics from low sample sizes. If employees are fatigued by being on video all day (honestly what a nightmare), you can make this better by reconsidering the webcam," says Spraggs. "Clearly, if … [More]
