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Hub You - On Power
Business Planning for College Students and First-Time Entrepreneurs
More and more students, both in undergraduate and graduate institutions, are deciding to launch their own ventures upon graduation rather than taking the traditional route of working for another firm. Likewise, more and more individuals are leaving their jobs to fulfill their entrepreneurial dreams.While these ventures may ultimately be very successful (e.g., Google and Microsoft were both launched by students), they face certain challenges in their business plans and capital raising processes. The foremost challenge is overcoming the lack of experience of the management team. A classis chicken-and-egg problem presents itself – the management team has no past company successes to point to, a
re the type of person that sits on the sidelines and complains about hoMore and more students, both in undergraduate and graduate institutions, are deciding to launch their own ventures upon graduation rather than taking the traditional route of working for another firm. Likewise, more and more individuals are leaving their jobs to fulfill their entrepreneurial dreams.While these ventures may ultimately be very successful (e.g., Google and Microsoft were both launched by students), they face certain challenges in their business plans and capital raising processes. The foremost challenge is overcoming the lack of experience of the management team. A classis chicken-and-egg problem presents itself – the management team has no past company successes to point to, a
Five Ways to Make Your Employee Vacation Time Count
Modern workers embody the phrase "work hard, play hard" - and every grain in the paid vacation hourglass is important. A recent PayScale survey says that most employees value their employee vacation time off over a higher base salary. When asked if they would trade some of their employee vacation time for a higher salary, 70% of respondents answered "no."Fear of Paid Vacation?About 18% of respondents use half or less of their paid vacation days each year, some for fear that they might not seem as dedicated to their jobs in the eyes of management.TIP: You wouldn't think of taking only half of your salary, so why not take full advantage of this hard-e
At the root of all successful leaders is a unique understanding of power. "Power" is scientifically defined as the rate at which work is performed. As an individual in a leadership position it is your ability to get work done that will ultimately grant you any form of power. If you are the type of person that sits on the sidelines and complains about howModern workers embody the phrase "work hard, play hard" - and every grain in the paid vacation hourglass is important. A recent PayScale survey says that most employees value their employee vacation time off over a higher base salary. When asked if they would trade some of their employee vacation time for a higher salary, 70% of respondents answered "no."Fear of Paid Vacation?About 18% of respondents use half or less of their paid vacation days each year, some for fear that they might not seem as dedicated to their jobs in the eyes of management.TIP: You wouldn't think of taking only half of your salary, so why not take full advantage of this hard-e
The Top 10 Ways to Manage Your Career
Many people in the last decade have experienced either a layoff or termination in their lives or the lives of somebody they know. While many of these people affected have experienced outplacement-consulting services, some have not and they may be in for a rude awakening - corporations no longer “take care of you”. Managing your career in these times require you to have a game plan and an understanding of yourself and human behavior. That is why outplacement consulting and career coaches have become so popular and are being sought out by individuals, not just corporations. A career coach can help you manage more than just your career, they can help you communicate better and get along with others be
r. "Power" is scientifically defined as the rate at which work is performed. As an individual in a leadership position it is your ability to get work done that will ultimately grant you any form of power. If you are the type of person that sits on the sidelines and complains about hoMany people in the last decade have experienced either a layoff or termination in their lives or the lives of somebody they know. While many of these people affected have experienced outplacement-consulting services, some have not and they may be in for a rude awakening - corporations no longer “take care of you”. Managing your career in these times require you to have a game plan and an understanding of yourself and human behavior. That is why outplacement consulting and career coaches have become so popular and are being sought out by individuals, not just corporations. A career coach can help you manage more than just your career, they can help you communicate better and get along with others be
How To Build A Business Ethics Program
Recent corporate financial scandals have highlighted the importance of business ethics and legal compliance. Yet a recent National Association of Corporate Directors (NACD) survey of 280 corporate CEOs and directors found that "only one of three directors felt that they were highly effective in ensuring legal compliance".Ethics in BusinessMost companies realize that they need to develop and implement a business ethics and compliance program.An effective program can:• Establish a code of conduct that reduces risk of criminal behavior• Detect wrongdoing, foster quick investigations, minimize consequences• Demonstrate company’s ethical/legal philosophy
rmed. As an individual in a leadership position it is your ability to get work done that will ultimately grant you any form of power. If you are the type of person that sits on the sidelines and complains about hoRecent corporate financial scandals have highlighted the importance of business ethics and legal compliance. Yet a recent National Association of Corporate Directors (NACD) survey of 280 corporate CEOs and directors found that "only one of three directors felt that they were highly effective in ensuring legal compliance".Ethics in BusinessMost companies realize that they need to develop and implement a business ethics and compliance program.An effective program can:• Establish a code of conduct that reduces risk of criminal behavior• Detect wrongdoing, foster quick investigations, minimize consequences• Demonstrate company’s ethical/legal philosophy
Managers Aren't Always Leaders
Talk to a manager at almost any level – office, factory, service crew – and most will say they are a leader. And well they may be, though most often only within their particular work group. Few are leaders on any larger scale. Few, in fact, may have what it takes to be a leader. But that doesn’t mean they can’t learn.Tamin Ansary, an oft-read author, once attempted to identify the differences between men and women who are Leaders and those who are only Managers.Supervisors, people in managerial position, have authority and, therefore, power, according to Ansary. Power to enforce rules, regulations, procedures, discipline. Likewise, a man with a gun has power, power he, too, can
et work done that will ultimately grant you any form of power. If you are the type of person that sits on the sidelines and complains about hoTalk to a manager at almost any level – office, factory, service crew – and most will say they are a leader. And well they may be, though most often only within their particular work group. Few are leaders on any larger scale. Few, in fact, may have what it takes to be a leader. But that doesn’t mean they can’t learn.Tamin Ansary, an oft-read author, once attempted to identify the differences between men and women who are Leaders and those who are only Managers.Supervisors, people in managerial position, have authority and, therefore, power, according to Ansary. Power to enforce rules, regulations, procedures, discipline. Likewise, a man with a gun has power, power he, too, can
Applicant Tracking Systems - Time in a Bottle
Applicant tracking systems are either an human resource manager best friend or worst enemy. Either a company's applicant tracking systems identify the best prospects BEFORE they join another company or not. Effective applicant tracking systems like time in a bottle enable HR managers to interview the best candidates. Ineffective applicant tracking systems cause a "bottleneck" that lets excellent job candidates slip through the system.Hosted Solution - Applicant Tracking SystemsApplicant tracking systems and hosted solutions are a logical combination. While a company may install, debug, upgrade and program its own applicant tracking systems, the question is why? For companies in a nich
re the type of person that sits on the sidelines and complains about how things should get done you will never achieve any form of authority. However, if you prove your willingness to roll up your sleeves and get dirty to get the job done you will be granted power.Applicant tracking systems are either an human resource manager best friend or worst enemy. Either a company's applicant tracking systems identify the best prospects BEFORE they join another company or not. Effective applicant tracking systems like time in a bottle enable HR managers to interview the best candidates. Ineffective applicant tracking systems cause a "bottleneck" that lets excellent job candidates slip through the system.Hosted Solution - Applicant Tracking SystemsApplicant tracking systems and hosted solutions are a logical combination. While a company may install, debug, upgrade and program its own applicant tracking systems, the question is why? For companies in a nich
The second key is to know the limits of the power you have within the total amount o
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