This Week in Business Strategies
July 29, 2019—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.
4 Ways Small Businesses Can Attract and Retain Young Talent — Entrepreneur
There's a strong connection between achieving business objectives and hiring the right talent, as your employees are integral to every stage of success. In addition, the desire to upscale your small business more easily becomes a reality when the energy and resourcefulness of young talent is effectively deployed.
Having people of all backgrounds and walks of life on your team is a great thing, opening your company to more cultural awareness, ways of thinking, and solving problems. So it's little surprise that, given that companies also have to be aware of discrimination laws, good readers are making conscious attempts to inject as much variety as possible into their workforce. But that doesn't mean the picture some people give you of their teams is accurate.
Does Your Leadership Style Scare Your Employees? — Harvard Business Review
Most of us have experienced the misery of working for a boss that intimidates employees while charming superiors and customers. But it's harder to figure out if you may be that kind of boss. You might think you are doing a good job getting results by pushing people past their comfort zone, but what if they experience it as being afraid of you?
Cracking the Gen Z Code for Small Business Success — Small Business Trends
Gen Z is on track to be the most financially powerful generation of all time. So it makes sense that a lot of small businesses would want them as both customers and employees. You probably already know that Gen Z spends a lot of time online—on social media specifically. But the way these young consumers and potential employees interact with content differs from the way millennials and other previous generations do so.