In a new survey published by the International Journal of Business Governance and Ethics, which was based on a poll of 624 board directors in Canada, women on corporate boards are better decision makers than men on corporate boards. Linda Nguyen of the Canadian Press reports that according to the study, women are more likely to "rock the boat," be open to new ideas, and use … [Read more...]
The Best Ways to Stay Engaged With Your Team
Guest Post By Deborah Sweeney, CEO of MyCorporation.com (learn more about Deborah at the end of this post) It has long been said that it takes a village to raise a child and likewise in the working world, it takes a team to run a business. Each individual team member makes a contribution that highlights their expertise in the field and works together as a group to … [Read more...]
Are proposals worth it?
As a professional services firm, I spend an awful lot of my time preparing and submitting proposals. They are time consuming, sometimes costly and not immediately effective. So why submit them? Well there are a million reasons against them, but here are my top 5 reasons for them. They introduce your company and your ability I am not a formal person, but I do know what I know … [Read more...]
Sound Bites and Statistics from Women Business Leaders [Infographic]
Confidence, inclusivity, and knowledge -- those are three of the predominant themes researchers from the University of North Carolina Kenan-Flagler Business School found when studying sound bites and statistics related to women business leaders. According to the infographic the University of North Carolina researchers put together to visually communicate the data and quotes … [Read more...]
What we need in incubators
Around the country politicians, industry leaders and small businesses have screamed their support for small business development centers and universities to get involved in creating business incubators that help build and sustain small business. The goal is admirable, small businesses stimulate economies and create more jobs. But there is an undercurrent of dissatisfaction … [Read more...]
JC Penney: The Aftermath
When JC Penney introduced their new pricing plan, I had reservations about the long-term success. Apparently I was right on target with everyone else, so as the retail giant gears up to revise the strategy here is what fellow entrepreneurs can learn. A confusing strategy is a bad strategy Anything that requires multiple explanations should be … [Read more...]
Research Identifies Green Ceiling for Women Seeking IPO Investors
In a study conducted by the David Eccles School of Business, a male and female research team found that investors are less likely to back an IPO from a company led by a woman than a company led by a male. This is being referred to as the "Green Ceiling" in the investment world. In Skirting the Issues: Evidence of Gender Bias in IPO Prospectus Evaluators, the report authors … [Read more...]
What’s Your Worth?
Yesterday I had the good fortune to have lunch with an established mentor and the question floating around the table was 'how do you know your worth as a consultant'? I thought the answer rang true for any business owner and here’s what I got from the conversation. When you’re not sure of what you know, you charge for everything This is true for all industries, when you … [Read more...]
The 5 Friends Every Entrepreneur Needs
We entrepreneurs are an optimistic set; some would even say we have our head in the clouds. Some of us are cautious, some bean counters by nature and some of us are the dreamers. We are the people that can actually visualize the dream happening. With this near foolish optimism, there are 5 friends that every kind of entrepreneur should have. The Cheerleader This is the … [Read more...]
The Online Influence of Forbes’ Most Powerful Women
Forbes recently published its annual list of the 100 Most Powerful Women. The list includes leaders from the political, media, entertainment, non-profit, and business worlds, including U.S Secretary of State Hillary Clinton, PepsiCo Inc. Chairman and CEO Indra Nooyi, and entertainer Lady Gaga. It's safe to assume that these women have a great deal of influence in their … [Read more...]