Archive for Management
Over the past few years of the digitial revolution it has become pretty standard thought to assume that we can work from just about anywhere. The idea of working in a traditional office has been cited as a major turn off for many of the youngest generation in the work force. Many companies use telecommuting as a perk to entice workers who would otherwise not be part of the candidate pool.
Earlier this year Yahoo CEO Marissa Mayer announced a ban on working from home and ticked off many of her employees - you could hear the gasps coming from all over the corporate world. Critics stated she was nuts and that Yahoo would loose any competitive edge that they might still have. Groups slammed her decision saying that this new policy was going to hurt long commuters, working mothers, and the like. So how is it that Yahoo’s stock has soared? Read More→
Deciding to hire a part-timer versus taking on an independent contractor isn’t an easy decision for a small business. As an entrepreneur I’ve been asked which is the “better” choice, but this is a much bigger issue than simply saying one is a better choice than the other.
There are legal implications, financial implications, and general work style questions that need to be answered before a decision can be made on which is better for any business – small or large.
The first step is to understand what factors determine whether the individual is classified as an employee or contractor. This is not a discretionary classification, but one dictated by both legal and tax lays.
“Extroverts make the best sales people!!” Are you guilty of assuming this is true? We’ve all been there: eccentric, boisterous people seem to be the most personable, outgoing, and, when it comes down to it, salesy.
It’s usually assumed that these types of people will be able to find the deal and close it. Quiet types, or even those who are slightly more reserved, may be pushed aside for more extroverted types. But he or she who speaks loudest isn’t necessarily the best for the job!!
In the business world, the term “sales” doesn’t always mean making cold calls and striking deals. Most business leaders are actually in sales-type roles when it comes down to it: pitching ideas, negotiating strategies, persuading or influencing their employees, and trying to make an overall positive impact.
Social scientists have researched the connection between extroverts and sales success and have found that the connection is actually very weak.
Recent research coming out of the University of Pennsylvania’s Wharton School of Management revealed that it isn’t introverts OR extroverts that fare the best in sales roles: it’s AMBIVERTS. Read More→
It was announced recently that Facebook CEO Mark Zuckerberg plans to take a salary of just $1 this year. This decision puts Zuckerberg into a growing group of large-corporation CEOs who receive a dollar annual salary (while still having an exorbitant amount of stock).
I applaud CEOs who take part in this. As an entrepreneur, I see this as a great thing!! A CEO’s income should be based upon their employees’ performance. If the business and all of its members doesn’t succeed, the CEO doesn’t succeed. This ideology is reflected well in the $1 salary efforts.
I’m not saying CEOs shouldn’t have a salary at ALL, but a base salary for the first few years and then joining the $1 club guarantees that if the company doesn’t excel, neither does the CEO. This way it’s more of a group effort. Read More→