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In research conducted by the Gallup organization with more than eight million subjects, employees are more likely to stay with the organization, have more engaged customers, and will be more productive if they have ties of friendship to others in the organization--especially their bosses. An exemplary boss is one who gets to know employees on an individual basis, tailoring their management to the individual.
Attracting, identifying, training and retaining leadership talent is key to a high-performance organization. With globalization, leading is much more complex process than simple project management. Different situations will require different leadership styles, a compelling vision, and the ability to reason in the face of ambiguity.
Mentoring is a valuable developmental process that generates relationships of trust, growth, and more focused performance. Brad Feld reflects on the mentoring relationships that have helped him to shape his professional career and the success of his ventures.
To have next-generation leaders within growth businesses, mentoring is a proven method of developing staff for succession. The process creates an environment which can lead to higher levels of profitability, employee retention, increased revenue, and job satisfaction.
Controversy continues over whether or not the performance review process is an effective tool for motivating and improving employee performance. Yet many entrepreneurs make the assumption that the evaluation process will lead to a better-performing organization. Too often, the purpose of employee reviews is unclear -- to both leadership and the employee -- and training in the process is generally not provided.
This article, written by Jeff Dennis, a serial entrepreneur, outlines for entrepreneurs a set of best practices on considering, selecting, and utilizing a board of advisers.
This instructional document provides a succinct explanation of how to conduct proper board minutes. This document stresses, for example, that board minutes are legal documents that show an organization's compliance with its required functions.
This Web site features a series of sample resolutions that company board secretaries can use in forming their official board minutes. Sample resolution language ranges from ratifying boards of directors actions to issuing an option to purchase shares in the company.
Changes in the temporary staffing industry could help you hold down labor costs--if you are willing to be a tough negotiator who shops around.
A husband-and-wife team who founded an Internet telecommunications company began to tackle one of the toughest challenges facing them: They looked to find a CEO, a replacement for themselves as heads of the business.
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