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Communication

Which leadership skills are essential to strategic planning?

Financial Statements, Small Business, Small Business Owners, Strategic Business Planning, Tax Return /

To help ensure continued stability and profitability, businesses need to engage in some form of strategic planning. A recent survey by insurance giant Travelers drives home this point. In its 2024 CFO Study: A Travelers Special Report, the insurer surveyed 610 chief financial officers (CFOs) from companies with 500 or more employees in various industries. One of […]

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AI for small to midsize businesses isn’t going away

Artificial Intelligence (AI), Cybersecurity, Human Resources, Mid-Size Businesses, Small Business, Technology /

Artificial intelligence (AI) has made great inroads into certain sectors of the U.S. economy. However, it hasn’t reached many small to midsize businesses (SMBs) in a major way … yet. In 2021, AI analysis firm Unsupervised published a survey of 520 SMB owners that found 48% of them still found AI too cost prohibitive. Forty

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Business owners, do you need to step up your internal communications game?

Employees, Small Business, Small Business Owners /

They say we live in an on-demand world. Right now, many business owners are demanding one thing: more workers. Unfortunately, the labor market is somewhat less than forthcoming. In the so-called “Great Resignation” of 2021, droves of people voluntarily left their jobs, and many aren’t rushing back to work. Neither are many of those who

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Are your supervisors adept at multigenerational management?

Employee Benefits, Employees, Human Resources, Management, Profitability, Small Business /

Over the past year, the importance of leadership at every level of a business has been emphasized. When a crisis such as a pandemic hits, it creates a sort of stress test for not only business owners and executives but also supervisors of departments and workgroups. Among the most important skill sets of any leader

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