Pretend you have an important position you have to fill. Do you hire from the outside or do you promote from within?

This is a very important question you have to answer, and it is imperative that you weight the costs and benefits of each strategy. [click to continue...]

While change is an issue we face more than any other, it is is also something we have the most difficulty dealing with.

Between identifying the actions needed to handle change, to getting your entire staff to embrace new ways of doing things, change management is a daunting practice that many managers dread.

If you are undergoing a period of transition in your company or industry, here are some things to keep in mind to help streamline the change process. [click to continue...]

Is simplicity something we search for? Or is it right in front of us, staring at us every single day?

In my previous post, I discussed the idea of freeing our lives of excess so we can achieve true financial freedom.

Now, I would like to examine the essence of entrepreneurship and how we can learn from breaking the fundamentals of business down to its core. [click to continue...]

I had a dream a few months ago. I dreamt I was in school and my teeth were on the verge of falling out, almost as if they were my baby teeth.

I told my fiancee about my dream and she told me that she remembers reading about these types of dreams with losing teeth, and that it meant something, but she couldn’t remember what.

I had the dream a second night in a row. Now it was really bothering me. Clearly, something was on my mind but I couldn’t quite figure out what it was. [click to continue...]

Is it better for your business to promote from within or find an outside hire?

There is no simple answer to this question and there are many definite benefits to either technique.

Before making any kind of decision, it is important to understand some of the benefits and drawbacks of each.

Pros of promoting from within

Probably one of the biggest benefits to promoting from within is that it provides motivation for your lower level employees. Your employees may have career goals or hope to move up in your organization. If you look for outside hires, your employees are given no incentive to work harder for that promotion. [click to continue...]