Business leaders need to find ways to retain high-potential talent in their organisation. High-potential employees tend to be in demand, which results in them easily trading their current position for a better offer elsewhere. Therefore, companies should have action plans in place to retain these valuable employees.

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Business owners and leaders often don’t understand cash flow, let alone manage it. The numbers can be so complicated that they almost serve no value to the business owner to run the business. Read this article to understand why it’s important to understand cash flow.   

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Not only are checklists useful in daily life, but checklists are also extremely helpful in business. Once you’ve identified and mapped the processes in your organization, you can bring them to life through checklists. Checklists are valuable for key parts of the 4 to 9 processes that drive the business, and help ensure that the right things happen.

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When a business gets above 50 employees, the organizational structure should be designed to align teams around projects, product groups, industry segments, and geographical regions. This is the start of what is commonly called a matrix organizational structure.

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