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TechTown (General)

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Features » Business Veteran Advice

Business Veteran Advice

- Workforce diversification continues to present challenges for employers in managing employee relations. How employers respond to and investigate internal complaints of harassment, discrimination and other misconduct allegations can have a serious impact both legally and practically, affecting employee morale, productivity and workplace culture.

- Have you heard any of these statements recently? “We have cut all of our low performers. All we have left is our best people.” Or “Right now, people are feeling lucky just to have a job. That is their motivation.” Both of these statements are risky beliefs at best to use in guiding your daily decisions as a business leader.

- Despite the many advances in software technology, one concern remains top of mind — security. From investing in the newest technology tools that will defend against viruses or hackers to implementing best practices for protecting information, business leaders are taking important steps to protect their companies.

- Doing an acquisition is one way of building your business. My first acquisition, after over 20 years in business, was a learning experience. Although each deal is different and has its own nuances there are some basic facts I learned on this journey to the signing date that may be beneficial to other business owners thinking about an acquisition or on the precipice of making it happen.

- The economic climate is unprecedented, and there appears to be no significant dramatic improvement in the horizon. Money continues to be scarce, markets volatile, and morale low. Yet, there are companies that will be winners and losers in this marketplace, regardless of the economy. The goal of this article is to make your company a winner through these tough times, focusing on strategies and tactics that address a good offense, defense and putting an overall game plan into place.

- Taking your business global will set before you arduous challenges, plenty of “dos and don’ts,” and some surprises too. A serious financial investment will be required, not to mention many months of research and planning. But those who’ve been through the process of putting together a global venture agree that having the right people in place is of significant and lasting importance.