Act with empathy: One key to investing
Taking emotion out of investment or business decisions requires effort. For many, business is personal. The investment choices feel personal because we use personal resources to fund those decisions. We should feel strongly connected, but when we become emotional, that’s when trouble begins. Empathy creates an opportunity for others to be part of the solution. […]
You can’t create engagement until you identify your purpose
Corporate leaders play a complex role as they strive to keep their organizations relevant, sustainable and profitable in increasingly competitive environments. Not only do they work to increase market share and sales, they also compete to attract and retain high-performing talent. One common approach is to increase employee engagement, and logically so, as companies with […]
Find a bank that believes in your company’s business model
Companies that have built and maintained a strong relationship with their bank are in a much better position to overcome financial hardships, says Rick Hull, Executive Vice President and Regional President at Home Savings.
Mediation can be a useful tool for companies locked in conflict
When your business is entangled in a legal dispute, mediation offers a way to resolve the conflict that can save both time and money. But, you must enter into the process with the right frame of mind, says David A. Schaefer, an attorney at McCarthy, Lebit, Crystal & Liffman.
Treasury management services provide options for a more efficient business
Tools such as automatic clearinghouse check payments and credits (ACH), line of credit sweeps and Positive Pay can be quite helpful, but only if they are a fit for what your company is trying to do. Westfield Bank’s Kurt Kappa explains how to find the right products for your company.
The reasons your customers are asking for your SOC Report
Service organizations seeking new customers and attempting to stay ahead of the competition can distinguish themselves by obtaining a SOC Report, which reduces customer audit time and effort. Rosemary Rehner, CPA, at Barnes Wendling CPAs, explains the process and how it works.
Develop a plan to win every encounter in your day
LeBron James has an unmistakable presence when he walks onto the basketball court. He knows he’s the best. Perhaps more importantly, his opponents know he’s the best, even if they don’t want to admit it. It’s the look in his eye, the ability to keep his composure in tough situations and the tenacity to battle […]
Take the time to express appreciation for your employees
Every day, be sure to tell someone, “thank you.” These two simple words are so common and so well-received. As Clark-Reliance expands globally, we seek to look for a common thread for our ability to grow and continue to work closely with vendors, customers and our most important asset, employees. Expressions of gratitude are very […]
Hospice plays key role in fostering personal choice
One of the key responsibilities of hospice is to advocate for individuals at the end of life to ensure their personal values and priorities are honored. Hospice of the Western Reserve works closely with doctors and health care providers in the community and with the families we serve to provide education and resources. Our ultimate […]
How to empower your team so you can grow your business
You’re a first-time CEO leading a company that you’ve built from scratch and it is flourishing due to your strong daily involvement. As you build a strong team of managers to support the growth, you face a difficult question. Are you ready to turn over the daily operation to them so you can continue growing? […]