When you left home for work this morning, did you feel ready to face the day knowing that you were going to have a number of successful negotiations? Chances are, the word "negotiation" never entered your head. Perhaps it should have! We often think of negotiation as a formal process conducted behind closed doors by high powered executives, politicians or…
Read MoreGood corporate governance refers to methods, laws and policies that direct, control and administers important functions of a corporation. Principal stakeholders and board of directors within the corporation are the ones who manage the principal corporation. Good corporate governance ensures the goals of the management stays within the lines of agreement of the stakeholders. While working toward maximizing shareholders value…
Read MoreAnalyzing the strengths, weaknesses, opportunities, and threats (SWOT) of a business is a well-established tool that is widely used by academics, consultants, and advisors. Although it is a simple concept, companies often struggle when trying to use it because it is so broad. It is difficult to determine where to start, what questions to ask, and where to focus. The…
Read MoreBreaking Down the Balance Sheet To clarify, a balance sheet shows how much money the organization has, how much property they own, and most importantly, how much money they owe. This is beneficial for outside sources to view – bankers, investors, and even potential creditors. The balance sheet is broken down into several sections. Each section is grouped by liquidity…
Read MoreDo want to be known as an expert or guru? Do you want to advance your career and income? If you answered yes to both of these questions then you need to become a “Top Performer” in your profession. Whether you are now a Manager, Executive, Consultant or Service Specialist, then management skills will be one of the keys to…
Read MoreThousands of teams are formed in businesses around the world each day. And most of those teams flounder unnecessarily for too long. There is one simple practice that can improve the results of most any team, whether formed for a short project or as a new working unit. That practice is team chartering. The team charter is a document that…
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