This $20 Crash Course on Strategy Management Is the Extra Guidance You May Need

Be a positive force for growth and change in your organization. March 9, 2020 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Strong leadership doesn’t come naturally to every entrepreneur, but it will eventually be a necessity if you want your business to grow with you at the top. While you may be able to get your business off the ground by yourself, you’ll need help to scale, and those new employees will be looking at you for guidance and motivation. Growing your business requires great planning and strategy, things that some entrepreneurs haven’t had to think critically about before. Strategy Management for Beginners was made for those people. Strategy is a nebulous term that means something different […]

Read more

How Companies Use Tech to Track Workers

Measuring employee performance with surveillance isn’t new, but emerging technologies are helping companies monitor workers in arguably invasive ways. Are you being watched? February 24, 2020 15+ min read This story originally appeared on PC Mag For the seven years he’d been a professional trucker, 25-year-old Trevor had let his own common sense drive his actions. But one night last November, he was answering instead to a government-mandated device his employer had installed in his truck—and it nearly ended him. Trevor, who asked us to use only his first name, was traveling through a small town and keeping to the posted speed limit. As he hit a curve, he knew he should have slowed down sooner, but the electronic logging device (ELD) installed in his truck was ticking away. If he lost time, he’d have to find a truckstop and sleep there instead of at home.  Within seconds, he was […]

Read more

3 Technologies You Can Use to Re-Skill Your Employees

In this day and age, tech is developing at the speed of light. Keep up by learning to re-skill your teams with these three processes. November 11, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. The following excerpt is from Caroline Stokes’s book Elephants Before Unicorns. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound I’d like to introduce you to three technologies that will help people leaders discover talent and fuel your teams’ evolution to avoid dinosaur syndrome (falling behind in terms of the skill and functionality of your teams). Let’s walk briefly through each of them. Bias Avoidance Talent Matching The first tool is SquarePeg, a matching service for job seekers and employers that uses online assessments to measure a candidate’s aptitude, preferences and character traits, and determine which organization would be the best fit. When founder Claire McTaggart spoke […]

Read more

3 Strategies That Will Keep Your Employees Engaged So They Don’t Jump Ship

Learn what makes your employees motivated and enjoying their jobs so they feel connected for the long haul. October 28, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. The following excerpt is from Caroline Stokes’s book Elephants Before Unicorns. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound Let’s imagine that the unicorn you hired recently is delivering on his potential and leading the organization to new levels. Now the question becomes: How do you keep him from jumping ship? As a people leader, you have to know what motivates your direct reports. We spend an enormous amount of time at work and want our work to be meaningful, to see the connection between the job that pays our bills and our larger hopes and dreams. Your job as a people leader is to help make this happen for your direct […]

Read more

Why You Should Ditch the Sandwich Method When You Give Feedback

Learn how to get right to it when giving feedback in a way that helps you build trust with your team members. October 21, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. The following excerpt is from Caroline Stokes’s book Elephants Before Unicorns. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound We all know how the feedback sandwich works: Say something nice, then say something critical, then say something nice again to round it out. It’s a worn-out formula with a good intention behind it — because bosses are often petrified of saying anything negative to their employees, the feedback sandwich was invented so bosses could couch the “negative” — which is most likely the point of the entire interaction — between two banal “positives.” But employees can see right through it, and you need to just “get right to […]

Read more

How to Keep Gen X Employees from Leaving Your Company

Strategies for keeping valued Gen X employees engaged in your business. September 4, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. Employees in Generation X (those born between 1965-1981), have spent decades cultivating necessary skills in their industries. Many feel it’s time they should advance in their careers, however, recent research from consulting firm DDI shows 66 percent of top talent in this age group say they’ve received only one promotion, or no promotion, in the last five years.  With Gen X often not seeing the perks for loyalty to businesses or dedication to industries, you may soon have an employee turnover issue on your hands. But keeping Gen X employees from leaving your small business doesn’t have to be difficult. Here are some ways to keep the often-overlooked generation before it becomes a problem.   Reward loyalty and skill  A report just released this year by Metlife […]

Read more

Do You Understand How Your Employees Think?

Managing efficiently is about reading and reacting to your people. July 25, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. In this video, Entrepreneur Network partner Kate Volman discusses the important of understanding the the workflow of your employees (along with their thought processes), you will be able to coach them better as a CEO and boss.  In order for yourself and your employees to improve, Volman explains, it’s important to understand everyone’s unique work flow. Not everyone will be willing or able to volunteer great ideas in front of a crowd — in fact, Volman relates a story in which she was hesitant to share during a meeting, but found her voice after. Click the video to hear more about her story and advice for leaders. Related: Here’s How Finding the Right Accountability Partner Will Help You Meet Your Goals Entrepreneur Network is a premium video network providing entertainment, education […]

Read more

Do Your Employees Secretly Despise You? These 5 Common Managerial Habits May Be the Reason Why.

If you’re committing any of these errors, simmering resentment among your staff may be the result. July 1, 2019 8 min read Opinions expressed by Entrepreneur contributors are their own. According to that frequently quoted study from Gallup, only 15 percent of people are engaged at work. And some 70 percent do not show up to work ready to do their best. That’s not just bad for company cultures, it’s bad for business. Organizations that do keep their employees engaged at work benefit from an average of 27 percent higher profits and 38 percent better productivity, a scenario dissected in 12: The Elements of Great Managing. Related: 5 Tips to Make Managing Employees Less Stressful for Everyone Then there’s the truly negative side to all this: Because if there’s one sure-fire way to build a company culture with disengaged employees, it’s by making them resent you — the manager, founder, CEO or general leader. […]

Read more

How to Avoid Horrific Musk-Like Employee Reviews

Elon Musk teaches us what not to do when it comes to managing people. Use these three strategies to ensure your leadership style stays, well, sane. June 25, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. By now, the world is familiar with Elon Musk and his magic cars. But lately, he’s become notorious for other things — namely, his reportedly unhinged management style. In a damning article published in Wired, reporter Charles Duhigg details how he spent months documenting Tesla’s inner workings. Former and current employees reported erratic — even scary — behavior from Musk: storming through manufacturing plants and offices, conducting informal “rage firings” and intimidating those he didn’t terminate into quitting anyway. What’s more, Tesla’s higher-ups regularly instructed staff to steer clear of Musk to avoid sudden interrogations, where the wrong answers could lead to on-the-spot firings. Related: 9 Things Managers Do That […]

Read more

‘Don’t Come to Work Unless You’re Ready to Give 100 Percent’

Everything that’s worth it in life takes hard work. May 23, 2019 7 min read Opinions expressed by Entrepreneur contributors are their own. In this series called Member Showcase, we publish interviews with members of The Oracles. This interview is with Satish Gaire, CEO and founder of LogicXY, which operates hundreds of SaaS platforms like WooAgents and DirectPay. It was condensed by The Oracles. Who are you? Satish Gaire: I migrated to the U.S. from Nepal when I was 12 years old and started my first business selling website architecture when I was 14. I bought a sample website template, modified it, and then resold it. Today I am the CEO and founder of LogicXY. We have founded and acquired multiple software companies in various industries. The most well-known is WooAgents, a customer relationship management platform for real estate agents in the U.S. and Canada. We are also the team […]

Read more

How to Be the Leader Your Employees Want to See Walk in the Door

Familiar with the term ‘management by walking around’? It’s time you got to know and practice the art of ‘MBWA.’ April 24, 2019 9 min read Opinions expressed by Entrepreneur contributors are their own. When your team sees you coming, what’s their first reaction? Is it … “Awesome, I’m so glad she’s here! I can’t wait to tell her my new idea!” — or: “Oh crap, what does he want now?” Regardless of the pronouns involved, management by walking around (MBWA)  is what’s at stake here. The term, of course, refers to the practice of managers randomly strolling through their company locations, stopping to chat or observe, all in an unplanned fashion. Sound like a breeze? It isn’t: MBWA can be one of the hardest competencies for fast-growing startup leaders to master. Related: 5 Tips to Make Managing Employees Less Stressful for Everyone And no wonder: It didn’t used to be so difficult,” you’re probably thinking […]

Read more

The Myth of Low-Level Tasks

When you appreciate everyone’s contributions, no matter how seemingly small, that is when excellence happens. March 29, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. It started as whispers in our company. The more I heard the phrase, the more it frustrated me: low-level tasks. First I heard it in the manuscript department. Then in finance. Then in every other corner of the company. I finally had enough when I heard it from one of our co-founders. He asked me why I was doing a low-level task like cleaning out our storage closet. “You know we hire people who aren’t on a CEO’s salary to take care of that low-level stuff, right?” “It needs to be done,” I said from my spot on the floor. “The rest of the Tribe is busy driving results. If this is what they need from me to support them, I’ll […]

Read more

Why Your Employees Don’t Have to Be Happy to Succeed

Do you want your company to be a strong competitor in the marketplace? Then here’s what you really need to do to help your employees succeed. March 19, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. The following excerpt is from Benjamin Gilad and Mark Chussil’s book The New Employee Manual: A No-Holds-Barred Look at Corporate Life. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound Competing is a human activity, not yet outsourced to Siri, so employees who are skilled at competing should, in principle, make a company competitive. We think most reasonable peo­ple see the truth in this statement. You’d think businesses would, too, and would, therefore, train and test its people for skill at competing. The military does it all the time: They have their commanders face opponents’ maneuvers in war games and field exercises. They brief and […]

Read more

4 Ways to Put Your Employees on a Fast Track Out the Door

If you want to keep those hard-working, loyal employees of yours, here are 4 behaviors to avoid. March 7, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. The following excerpt is from Benjamin Gilad and Mark Chussil’s book The New Employee Manual: A No-Holds-Barred Look at Corporate Life. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound Are there behaviors you or your managers are exhibiting that can harm your employees’ careers at your company? Let’s take a quick spin through some of the behaviors that might indicate your relationship or your managers’ relationship with your employees is headed for the rocks or, at the very least, a counseling session or two. Contempt “Contempt, a virulent mix of anger and disgust,” according to a relationship study, “is far more toxic than simple frustration or negativity. It involves seeing [someone] as beneath […]

Read more

Avoid Elon Musk-Style Firing Sprees by Having Hard Conversations Sooner

Confronting employees who misbehave is never fun (or easy), but company leaders can’t afford to ignore bad behavior until it creates larger issues. February 26, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. In December 2018, Wired published a shocking account of Elon Musk’s infamous firing sprees during Tesla’s Model 3 production struggles. According to the article, Musk’s frustration with low productivity and failure to meet standards led to the firing of some 700 employees — many of whom never knew why they got the boot. Tesla hit several of its lofty goals last year, but with a workforce motivated by fear, will the company’s success eventually crumble under the stress of the employees creating it? Musk’s behavior is the polar opposite of how most managers handle unproductive employees. In many cases, managers allow bad behavior to continue for too long before stepping in to do damage control. Musk’s unpredictable […]

Read more

How to Make Your Team Feel Safe Bringing You Problems

Advertising an ‘open door’ isn’t enough.Team members need to truly believe that you’ll hear them out and take action. January 9, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Plenty of leaders say they offer an “open door policy” to encourage employees to bring them problems or concerns. Many of these leaders also ask that employees voicing concerns come prepared with solutions in order to take responsibility for the problem rather than just “dump” or “vent.”  Related: Advice For Employees: There’s a Limit To Your Complaints But employees in those scenarios may get the idea that it’s unacceptable to raise problems in the business if they don’t know how to fix them. In fact, in a study of a phenomenon  they dubbed “employee silence,” professors from New York University’s Stern School of Business demonstrated that 85 percent of their respondents felt they couldn’t raise important issues to their management […]

Read more

A Survival Guide to Global Workforce Trends in 2019

The workforce is getting both younger and older. December 28, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. Every year brings unique and sometimes wacky new workplace initiatives. 2018 brought us examples such as such as implanting microchips in employees and allowing them to only expense vegetarian food but there are also important trends that will help you become a better employer. Some of the more progressive initiatives we can learn from are Vermont offering an incentive of $10,000 for remote workers to move there and an insurance firm in New Zealand conducting an academically rigorous trial of a four-day work week with great success. From welcoming a new generation into the workforce to embracing the growing mobile workforce, these are the five biggest workplace trends that your organization should be ready for as we move into 2019: 1. The competition for Gen Z talent is starting. […]

Read more

5 Things to Do When an Employee’s Performance Deteriorates

It can be confusing and frustrating when a successful employee’s performance takes a nosedive. Intervene effectively using these five steps. October 4, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. For all kinds of reasons, even longstanding, highly productive employees can experience a performance slump at some point. The Towers Watson Global Workforce study showed that up to 26 percent of workers surveyed said they felt disengaged, and another 17 percent felt detached. Related: 5 Steps to an Effective Performance Evaluation System As a founder, you may not always find an obvious way to get someone back on track, but the investment of energy you would need to turn this situation around is still so much less than what would be needed replace and train a new employee. So, the upshot is that it only makes sense to figure out what’s going on and take action. Ready? These five approaches […]

Read more

How to Fire Your Best Friend

Be direct. Be quick. And if they are still talking to you, help them find a new job. October 4, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. Ever been fired from your job? I have, and it sucks. There’s nothing quite like the feelings of despair, humiliation, discouragement and setback that results from losing gainful employment — expected or otherwise. Ever fired someone from their job? I have, and it’s every bit as sucky. There’s nothing quite like the feeling of being directly responsible for all the negative emotions listed above. There are exceptions to the rule, of course. Sometimes the employee in question is rude, arrogant and downright bad at their job. They poison your company culture and continually underperform. Both of you see a parting of ways long before the day actually arrives. Related: Should You Hire Your Friends? But then there are those […]

Read more

7 Signs You May Need to Leave Your Original Team Members Behind

Watch for the warning signs that your early employees aren’t developing as your business grows, or you could end up with lots of unanticipated problems. May 31, 2018 4 min read Opinions expressed by Entrepreneur contributors are their own. As your business grows, so do its needs for talent and skill. But, over time, your business’s needs may outpace the skills of your founding and core employees, and your very success can become a barrier to scaling and continuing success. Related: Giving up on Employees Only Hurts Your Business The needs of every growing business will vary, but after working with privately held and family-owned businesses for 30 years, I’ve seen certain patterns come up again and again. If your employees aren’t also growing, your business may start to suffer from operational bottlenecks, cross-functional conflicts and repeated mistakes or bad decisions, even from smart, committed people. Recognizing these danger signs will […]

Read more
1 2