Step-by-Step Robust Corrective Action Plan
As a business owner or manager, it’s important to have a solid understanding of the importance of a corrective action plan (CAP). A well-thought-out CAP can help identify problems within a company and provide a roadmap for solution implementation. This guide will show you how to create a strong corrective action plan that improves your organization’s
Mastering the Proof of Concept: A Guide to Validating Your Innovations
Innovation is a vital component of modern business. Developing a new product or service can be exciting, but it's challenging to determine if your innovations will be successful in the market. That's where proof of concept (POC) comes in. A well-executed POC can validate your ideas and provide the necessary data to prove that your
Unlocking Effective Team Dynamics: Real-World Examples and Best Practices
You’ve brought together some of the best talent and people in your idustry. You should automatically have a dream team with no additional work, right? Well, a new team dynamic is not so simple. Now you’re searching for the trick to unlock the full potential for your team — big or small, and in any
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How To Create a Business Continuity Plan Template
Modern businesses face countless risks and challenges, and it is critical to have a business continuity plan (BCP) in place. A BCP helps an organization prepare for disasters, respond to disruptions, and recover in an efficient manner. In this article, we will walk you through a step-by-step guide on crafting the perfect business continuity plan
3 Templates for Performance Improvement Plans
In today’s fast-paced work environment, it is crucial to identify areas where an employee’s performance may need improvement. Employers use performance improvement plans (PIPs) to help employees improve their performance. PIPs need to include a timeline and steps to follow. In this article, we will cover the top three performance improvement plan templates that can
The Ultimate New Employee Onboarding Template for a Smooth Start
Starting a new job can be an overwhelming experience for any employee. From learning new faces and names to getting up to speed with company policies and procedures, the first few days on the job can have a significant impact on their overall experience with the company. That's where effective onboarding comes in. In this article,
Setting the Benchmark: Sample Department Goals for Long-Term Success
In order for companies to achieve long-term success, it is crucial to establish thoughtful and effective department goals. But what does it take to create department goals that truly set the benchmark for success? In this article, we will explore the importance of department goals, how to set SMART goals, and provide specific examples for
Dark Matter of Work: The Cost of Work Complexities in Professional Services
Over the past few years, modern work complexities have been eating away at your bottom line through an invisible yet powerful presence in your organization — what we call the Dark Matter of Work. Just as CERN identified Dark Matter as the “invisible” content that makes up 95% of the mass of the universe, the
A Guide to Transition Plans
In a constantly evolving job market, change is inevitable. Whether it’s a career change, retirement, relocation, or business shift, transition is a part of life. A well-structured transition plan can simplify the daunting task of making a big change. In this article, we will explore how to develop a successful transition plan. Understanding the importance of a
Profit and Loss Statement Template and Examples
Understanding finances is an essential part of running any business. Placing blind faith in ideas and processes will only get you so far. It isn’t until you see the impact of your efforts on your bottom line that you can scale sustainably. That’s what profit and loss statements are for: seeing the financial health of your company
How to Make a Budget Spreadsheet for Your Small Business in 2023
Starting a business can be an overwhelming process, with business plans, leases, financing, legal documents — and monthly budget sheets. We know you’d almost certainly rather spend time refining your product, talking with happy customers, or honing your investor pitch than hunch over spreadsheets, calculating the seemingly impossible amount of money it’s going to take
How to Create Your Team Charter (and Why You Should)
Have you ever experienced conflict on a team? Friction and disagreements happen pretty frequently and, in most cases, they all tie back to the same thing: misunderstandings and miscommunications. Somebody didn't realize something was their responsibility. Somebody didn't understand the norms of the group. Somebody did something out of turn and messed up the workflow. Wouldn't it
Performance Review: Templates, Tips, & More
There are plenty of words and phrases that will immediately put a pit in any manager's stomach. I'm overworked. I'm unhappy. I quit. There's another one that deserves a spot on the list: It's time for performance reviews. At their worst, performance reviews are daunting, nerve-wracking, dreaded obligations — for managers and employees alike. At their best, they're
Teamwork Works: Benefits and Strategies for Maximizing Your Team's Collaboration
Chances are, you've worked as part of an incredible team at some point in your life. The team members trusted and respected each other, people met (or even exceeded) expectations, and you all generally enjoyed getting your work done together. Unfortunately, you've also probably had the opposite experience: working on a team where teamwork was a
