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The Washington Post
President-elect Donald Trump plans to nominate professional-wrestling executive Linda McMahon to head the Small Business Administration, his transition team announced.
If confirmed, McMahon would be the first Cabinet secretary to ever face a “Stone Cold Stunner” on national television.
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Small Business Trends
Increased inventory and worker numbers can raise the potential for theft during the busy holiday season. And the last thing a business wants when incurring higher labor costs is a decrease in returns.
According to the National Retail Federation, retailers lost approximately $44 billion from theft in 2015. Of that amount, more than 34 percent was stolen by employees.
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By Katina Smallwood
It looks like Small Business Saturday is here to stay. The annual shopping holiday that encourages consumers to "shop small" at local businesses on the Saturday after Thanksgiving achieved record numbers this year. Created in 2010 by American Express to help small businesses increase sales during the holidays, this year's event broke all previous records. The cause for the uptick in numbers is multifold, according to spokeswoman Nicole Leinbach Reyhle.
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StarTribune
Finding people who have the abilities to perform the required tasks and the personality traits/values to fit with the values of senior management and the culture of the organization is a daunting task. It becomes particularly challenging when the holiday season brings more customers, and customers who may be short-tempered due to the hectic demands of the season. Therefore, "just get me a warm body" isn't going to work.
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Business Management Daily
Jack Ma has built Alibaba, a Chinese e-commerce company, into a global giant. But he’s hardly surprised.
When he launched the company in 1999, Ma intended to change the world. During his first planning meeting with a group of colleagues at his modest apartment in Hangzhou, China, he asked someone to film the gathering for posterity.
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By Catherine Iste
From an employee perspective, HR can be anything from the team who coordinates the holiday party to the person who is telling us our benefits will cost more and we will not get a raise. In this series, we will look at the department from different perspectives to illustrate the delicate balance required to grow and maintain a functional department that contributes positively to the organization and its culture. In this article, we will look at the employee perspective.
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The Huffington Post
Projecting profits on a financial statement in a business plan can make you feel hopeful as an entrepreneur. But your business plan is simply your hypothesis of what you thing will happen in the marketplace of your business. However, the only way to ever realize the profits you want is to mentally and physically, exert your leadership while executing your sales plan. The following are several important factors I encourage you consider as you work to focus on the profitability of your business.
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Nav
Major security breaches at prominent companies have made cybersecurity a hot topic. It’s not just large businesses that are affected, however. Small businesses rarely make headlines, but they aren’t exempt from cybersecurity breaches. What’s more, a cyberattack on a small business can be devastating — within six months of getting hacked, 60 prcent of small businesses go out of business, according to the National Cyber Security Alliance.
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By Kevin Herring
Do you feel energized at the end of the workday? Or does your work experience drain you so much you're just happy to make it through the day? If you're like most people, you're probably somewhere between just doing OK and slogging through. It's frustrating. And, like most employees, you would probably be labeled as "disengaged." Why is that? A key reason is likely communication breakdowns between leaders and the workforce. They make work harder than it should be.
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