When most firm leaders consider succession planning, they often expect cultivating a successor who has put in years of work and is fully acquainted with the team, clients, and firm practice as a whole. However, if your company lacks a well-groomed heir or a promising candidate to carry out an internal succession plan, you’ll be […]
Succession Planning according to Susan M. Heathfield is the process whereby an organization ensures that employees are recruited and developed to fill each key role within the company. In this process, you ensure that you will never have a key role open for which another employee is not prepared. It sounds like an awesome solution yet […]
Succession planning is often treated as the elephant in the room. Although a vital inclusion to the overall prolongation of a firm, it is the most likely to be disregarded or overlooked business practice. Succession planning only becomes important in the face of adversity, which, in In most cases, is a little too late because […]
“If you fail to plan, you are planning to fail.” Benjamin Franklin What would happen if you were in an accident or became sick suddenly and could no longer lead your company or firm? Will there be continuity to your company or legacy? Imagine having spent the better part of your life building and […]
The workplace has transformed. From the rise of digital technology and a move toward remote and hybrid work, the way organizations operate day-to-day is vastly different from just a decade ago. The COVID-19 pandemic has ramped up both existing trends, and we know that there is no turning back. Employees have faced new challenges because […]
The COVID pandemic upended people’s lives all around the world and significantly impacted the way people learn, work, communicate, and live. It resulted in one of the most drastic and rapid structural changes in our businesses and workplaces and the overall workforce of the general population. We saw in real-time the migration of the traditional […]
Photo by Austin Distel on Unsplash As a business owner, always remember that your people are your most valuable asset. You want them to be involved in the company, not simply show up every day, but to be recognized and appreciated for the work and effort they put in. However, far too many leaders do not regard their […]
You’ve made it this far. I would like to congratulate and thank you for staying on the right track. This has been a long journey. I truly believe that you will succeed in your professional life. Watch our video below or read the article underneath to understand more! You’ve made it […]
Picture this, it’s early in the morning when you walk into your office, you are greeted by smiling and cheerful employees. You know they have a lot to accomplish, yet they are eager and committed to working. In their smiles, you see a reflection of how they are inspired and motivated by their jobs. […]
Regardless of what industry you’re in, accounting is one of those crucial functions that demands thoroughness and attention to detail. Accounting for a construction firm is even more complicated and time-consuming. As a result, the construction industry is frequently confronted with a variety of financial challenges. Construction company owners, often struggle with […]
