The days when lone business founders who did everything in secrecy were revered are long gone. Today, not many businesses or entrepreneurs can survive in business let alone succeed without the input of others. New and experienced entrepreneurs alike have to come out of their comfort zone and network with...
Few industries have evolved as rapidly in the 21st century as the consumer retail industry. Retail organizations face new challenges every day as technology contributes to market upheaval but also facilitates new possibilities for service innovation that were mere pipe dreams just a few years ago. Retail businesses that...
Personal relationships are important for entrepreneurs because they provide an outlet separate from the company and can help you avoid burnout. However, they are inherently limited because you can only have so many family members and close friends that you engage with on a frequent basis. Professional networks, however, enable you to connect with...
Employee engagement is typically one of the most pressing concerns for retail organizations. It has massive implications for the company across numerous categories: Retail companies with highly-engaged employees perform better financially, employ a more productive workforce and have higher employee and customer satisfaction scores. However, you can’t just stick...
[et_pb_section bb_built="1"][et_pb_row][et_pb_column type="4_4"][et_pb_text] Many budding entrepreneurs have dreams of building a Fortune 500 company on their own and becoming a household name on par with Jobs, Gates or Branson. But in reality, the entrepreneurial process is collaborative in nature. An effective co-founder can make it that much easier. Choosing someone to...
Finding a balance between work and career is a major challenge for anyone who has a child of any age and a job of any type. Those challenges only multiply when you decide to venture out into creating your own startup. Suddenly, work isn’t just an obligation — it’s...
Some business champions are born. These days, though, many are made. Lifetime employment with a company followed by retirement with a pension isn’t standard any more. With fewer companies committed to employees for the long haul, more success-driven people are seeking their futures in their own businesses. So, can anyone be a...
Being an entrepreneur can be an exciting and fulfilling experience, but even the most well-seasoned entrepreneur may experience bouts of burn-out when getting their start-up up and running. It is during these rough patches that many entrepreneurs are ready to throw in the towel and may lose sight of...
The employer-employee relationship is vital not only to retaining talent, but also growing your company. This is why many organizations are investing in building this connection. And it all starts with trust. As the 2016 Employee Job Satisfaction and Engagement Report from the Society for Human Resource Management (SHRM) found, 55...
Since the 1940s, retailers have used mystery shoppers as a tool to evaluate and refine their customer service strategy. Touted as a way for upper level managers to find out exactly what their customers were experiencing, retailers have made mystery shopping a $1.5 billion industry that has spawned hundreds...
