When many people think about revenue generation, they often think first about the process of acquiring new sales. And new sales are certainly important. But a huge amount of a company’s revenue–and the most reliable portion–comes from existing customers.
When companies look to hire new employees, there are some baseline credentials that typically must be met: education, certifications, years of experience, experience in certain specific areas, etc. By and large, these credentials can be ascertained from a résumé or online job application.
Often, companies observe that they have difficulty driving new initiatives or long-standing company objectives, missions, or cultures. It seems like the company is going in one direction and the employees—or at least a subset of the employees—are going in another direction or, perhaps, standing still. Frequently, the issue isn’t one of willful disobedience but rather […]
Companies spend considerable amounts of money on training their employees. According to one expert, large companies with 10,000 or more employees spend $13 million per year on employee training on average; companies between 1,000 and 9,999 employees spend $3.7 million per year on average; and small companies with fewer than 1,000 employees spend $290,000.
Internship programs have long been great avenues to benefit both interns and employers. They are a way for an intern to get real-world, on-the-job experience and a way for the employer to give back to the community and get an extra set of hands to help on certain projects on a temporary basis and at […]
It can be hard enough to manage the day-to-day operations of an organization some days, let alone think about growth strategy. Planning for growth involves evaluating current market conditions, analyzing the competitive environment, and strategically allocating and capitalizing on resources. Companies have a lot of resources to consider in this regard: land, machinery, buildings, intellectual […]