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Can you thrive while mixing family with business? PDF Print E-mail
Written by Marsha Friedman   
Wednesday, 10 June 2015 00:00

I once agreed to be a guest on a radio talk show that I thought would focus on marketing tips. But – as I always warn people preparing for their first talk radio interviews – the host can sometimes take the conversation in a completely different direction.

 

In this case, the hosts had noticed all the Friedmans working at EMSI Public Relations, and there certainly are several of us: my husband and me, our two sons and our daughter-in-law. That prompted the hosts to ask about the dynamics of working in a business with so many family members.

 

As I quickly pointed out, we aren’t the only family at EMSI. There’s also a mother and daughter and in the past there have been other married couples.

Last Updated on Tuesday, 30 June 2015 10:33
 
Don't forget these critical leaders in training PDF Print E-mail
Written by Amy Fox   
Tuesday, 09 June 2015 08:29

In the past most companies focused training on front line managers and employees and top leadership. Yet the best companies for leadership "place a significant emphasis on supporting and developing middle managers," according to a study by the Hay Group. Here are my top insights for better training the managers who are most often responsible for executing key business strategies:

Last Updated on Tuesday, 09 June 2015 08:32
 
Don’t confuse activity with productivity PDF Print E-mail
Written by Marvin Montgomery   
Monday, 08 June 2015 00:00

James Hornyak, a videoconference/telecommunications specialist, shared a joke with me that hit the mark with this week’s Motivational Tip.

Last Updated on Tuesday, 09 June 2015 08:18
 
Women may be the difference makers in business leadership PDF Print E-mail
Written by Debora McLaughlin   
Friday, 05 June 2015 00:00

Businesses do a poor job picking managers to lead their employees, collectively costing companies billions of dollars each year, according to a recent Gallup report titled “State of the American Manager.”

 

The report is based on more than “four decades of extensive talent research, a study of 2.5 million manager-led teams in 195 countries and analysis from measuring the engagement of 27 million employees.”

 

The research yields a striking failure rate – 82 percent – when it comes to how well companies select their managers.

Last Updated on Tuesday, 09 June 2015 08:23
 
How extreme self-confidence can work against entrepreneurs PDF Print E-mail
Written by Randy H. Nelson   
Thursday, 04 June 2015 08:45

The entrepreneurial spirit may be taking a hit these days.

 

Studies show that millennials appear less interested than previous generations in starting their own businesses, preferring instead to find work with established companies. In 1989, 11.6 percent of households headed by someone younger than 30 held a stake in or owned a private enterprise; today that percentage is 3.6 percent, according to a recent Wall Street Journal report.

 

The statistics show the odds of success for a new business are pretty dismal. Half of new U.S. small businesses fail in their first five years, and 70 percent have gone under by year 10. That’s not exactly a new trend, but what’s new is that each year in the U.S. more businesses now are shutting down than are being started.

Last Updated on Thursday, 04 June 2015 08:49
 

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