This Week in Business Strategies

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Aug. 30, 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.

The Top 3 Challenges I See Leaders Struggle With Every Day – Inc

Leadership has always been about people connecting with people. The problem is that leaders are high-achievement, driven individuals. As a result, they tend to use "results-focused" language and prefer to engage people by solving problems as part of meeting goals and realizing expectations.

Here's Why Experimental Learning is Better Than Being Right – MarTech Today

 By doing small, experimental campaigns and learning from them, we can refine our marketing along the way.

Hire Leaders for What They Can Do, Not What They Have Done – Harvard Business Review

Academic studies show that promotions are still largely a reward for past performance, and that organizations continue to assume the attributes that have made someone successful so far will continue to make them successful in the future. This may explain why there are still a large number of incompetent leaders.

75 Percent of Americans Agree: If Bosses Want Happier Employees, Start By Saying 'Thank You' – CNBC Make It

When it comes to employee recognition, the verdict is simple: Workers just want to hear “thanks” a little more often. It’s the preferred way workers want to receive positive feedback, according to a survey of 1,500 workers conducted by Reward Gateway, an employee engagement platform.

3 Tips For Finding More Employees (But Not More Risk) In A Talent Shortage – Forbes

Steps taken to broaden the candidate pool and to speed up the hiring process must be done carefully to help ensure hiring strategies are executed without introducing additional risk and will be sustainable in the long term. 

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