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Chisel’s Take
See Chisel ActionCOACHʼs thoughts, insights, and experiences on a variety of topics. From the latest trends in business to personal development tips, we provide valuable and engaging content for our readers to access – free at all times.
One of the most important business growth strategies is having a clear goal and plan. If you don’t know where you’re going, it’s easy to get lost along the way. Think about where you want your business to be in the next few years and create a step-by-step plan to get there. Knowing your competitors and the market reveals what makes your business stand out. Identifying your unique value will set you apart from the competition. Setting financial goals and tracking your progress helps your business grow the right way. Having a flexible plan allows you to make adjustments when needed and stay on course.
Sage Business Navigators surveyed 11,000 small and medium companies around the globe to learn their attitudes about business mentoring. “While an overwhelming majority [93%] recognise that mentoring can help them succeed, very few [26%] currently make use of business mentors.” This is spite of the fact that, according to Sage, “70 percent of small businesses that receive mentoring survive for five years or more, which is double the rate compared with non-mentored entrepreneurs.”
Many skillsets are sought when hiring or grooming someone to be a manager. Perhaps none is more important than training leadership in management. It is a pivotal quality for a number of reasons. Both internal and external candidates should be prepared to describe their leadership style and skillset. This assessment can then be evaluated against the position or career track.
