For many, “meeting” is an evil word. Meetings can suck the life from you and your staff, particularly your millennial workforce, by distracting from the critical day-to-day actions that are needed to keep a business afloat. Poorly-run meetings waste more time and money than any other facet of corporate life, a problem to which startups are especially susceptible.
On the other hand, well-run organizations properly hire and train managers who can keep meetings short and to the point, with an outline and an accurate list of who needs to be in the room. This frees top performers to continue their winning streak, rather than find themselves stuck in an office-wide meeting that has no bearing on their work.
Founders that refuse to address their tendency to micro-manage can cost their company time, talent, and future deals. Our advice to founders: micro-manage the hiring process, but once you’ve made a decision, trust your hire. Give them the tools they need to succeed, then give them a chance to do so.
Caucci: "The biggest evolution of the concept was realizing that when it comes to training, everyone deserves to be trained and prepared well for their job, regardless of their wage.” The benefits of proper employee training has a ripple effect: since we now spend more time at work than with our families, knowing how to better prepare companies to prepare their people is a critical component to increasing societal good.
It's valid to be concerned about increasing employee retention - in today's interconnected world, it's a common practice to jump from job to job, investing only a few years at most to one company before seeking something better. This is somewhat inevitable, but can be slowed with the establishment and maintenance of a robust mentorship program. There's no better time to start company-wide mentoring! Read more here.
It's not a new problem - women are tragically behind men in earning potential, advancement opportunities, and perceived competency within organizations. In these situations, successful women are amongst the only ones who can truly reverse the trend of discrimination through actively mentoring the next generation. Read more as to how your participation can make the difference!
Does the phrase "You're only as strong as your weakest link" resonate with you? If so, you understand the importance of leveraging skills and talents within your workplace to highlight your employees and push your company forward. However, having a diverse workplace can come with its own set of problems - read this blog as to how to introduce and maintain balance in your company.