Financial Poise

Articles tagged: Business Management

How to Assist Board Members with Signs of Dementia 

How do you approach someone in your business who is showing signs of dementia? You want to handle the situation carefully and to the best of your abilities. This article offers some advice so you can avoid making mistakes when faced with a difficult situation.

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Advice for Securing Your First Board Seat

Obtaining a board seat was already difficult but has become more challenging over the years because of how highly competitive it is. Find out what steps you can take to best prepare yourself.

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Targeted Sales and Marketing Activities Should Drive Your Company’s Business Growth

Does marketing strategy improve your business? Targeted sales and marketing activities will allow your business to grow and show off its strong suites. Remember, a customer-centric mindset goes a long way when it comes to marketing your business’s specializations.

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Fight, Flight, or Freeze: Dealing with Business Conflicts

How should business conflicts be handled? Instead of responding to “fight, flight, or freeze” instincts, it’s best to address these situations with care. Find out how to handle family and non-familial conflicts in a business environment.

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What is the ROI for a Private Company Board of Directors?

The value of a high-performing board of directors is obvious to a business owner when the process is well managed. Identify the different ways to create an effective board of directors that will strengthen your company.

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Fairness in the Workplace: Why You Can’t Make Exceptions for Exceptional People

No matter how stellar your star employee is, making exceptions for poor behavior sets a precedent that damages company culture.

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C-Suite to Boardroom: The Traits an Experienced Executive Needs to Be an Effective Director

An executive can make an effective board director, but he or she must be aware of how the boardroom style differs from c-suite leadership.

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Why Managers Must Seize, Retain and Share Tribal Knowledge in the Workplace

Your employees’ undocumented knowledge and experience leaves with them. What is the cost of not keeping tribal knowledge in the workplace?

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The Art of Balancing Family Dynamics in Family-Owned Businesses

It’s vital to balance corporate governance with family dynamics. Family-owned businesses fail when relatives’ goals and values don’t align.

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Happy Owner, Happy Board: The Strategy of a Private Company Board of Directors

A public company must focus on shareholder value, but a private company board of directors answers to one person only: the owner.

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