In the NewsU.S. to Help Banks in Distressed AreasThe Treasury Department will invest up to $1 billion from the federal bank bailout fund in small banks and credit unions that make loans to small businesses in some of the communities most ravaged by the economic downturn, officials announced on Wednesday. NYtimes.com
Management & Operations How To Develop Your Global Leadership Pipeline To stay competitive in your industry and accomplish your goals, it is important to have strong leadership. This stems from executives, managers, and even entry-level employees, as they develop skills for improving the... [Read Full Article]
Tips from November 16, 2009 The Small Business tips today discuss proper hiring practices.
Take time to hire, if you need to hire immediately. Plan for at least 2-4 weeks for the hiring process. Taking your time ensures you have hired the right candidate for the position and didn't hire without much thought.
Know what YOUR business needs. Someone with an impeccable resume and work history who does not fit the criteria you have for yourself for the position won't work for what you need for your business. Think and choose carefully.
Take into account your company's culture. Make sure they will be a fit for your workplace skill-wise, as well as with the employees. Camaraderie is important, especially if they are going to be part of your business team.
Take at least a two step process to eliminate candidates. Do phone interviews with 5 candidates, and narrow it down to 2 or 3 for the final face-to-face interview. ... [Read Full Article]