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This Week in Business Strategies

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Sept. 17, 2018—To better assist shop owners with their production management, marketing tactics and leadership styles, Ratchet+Wrench has compiled a short list of essential business-building material from some of its favorite sources.

 

How Self-Reflection Can Help Leaders Stay Motivated — Harvard Business Review

Occupying a leadership role often comes with more prestige, financial resources, flexibility, and future employment opportunities. We often forget, however, that there is a flipside to this coin—leadership is hard and exhausting work.

 

The Four X Factors of Exceptional Leaders — Strategy+Business

Understanding what differentiates a great leader from a good leader will help companies make the right choices for the top jobs.

 

It’s Time to Expand Social Media as a Business Value Beyond Marketing — Marketing Technology Insights

Many companies are raising their brand value with social media marketing. Ignoring the most dynamic aspect of online marketing could actually result in diminishing brand-value and lost opportunities in sales. According to Hootsuite, social is mission critical for now and the months to come. In their recent report titled, “Social Media Barometer Report“, it’s time for global businesses to leverage social media and gain a competitive advantage. The report clearly outlines social media’s use growing beyond marketing to drive value across the organization.

 

5 Ways Businesses Can Rise Above Their Competition — KSL

It can be a challenge for a business to stand out in such a competitive market. Here are some ways your business can rise above the rest in today’s business environment.

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