Business owners are in a bit of a pickle these days. The supply chain is still a mess, historic inflation is increasing the cost of literally everything, and the Great Resignation and a disengaged labor pool continue to take a substantial toll on productivity. While there is not much any single organization can do to settle down the economy or get distribution channels back on track, there is a lot business owners can do to combat the nagging labor shortage. It boils down to investing in the people you already have, motivating them to professionally excel, and inspiring them to align with your company Vision.

For nearly two years, the global supply chain crisis has wreaked havoc on businesses across the world. It wasn’t anything anyone expected, and many businesses had to adapt in order to survive. Even today, we continue to feel the impacts of this ongoing issue. Like many of my clients, you’ve likely found a short-term solution for your supply chain issues. Instead of relying on these short-term solutions moving forward, I encourage you to take this time to reconsider your pricing and supply chain management for the long-term.

Hiring challenges rage on for small businesses and big corporations alike, with little chance of a turnaround coming any time soon. According to the latest Labor Department report, US job openings skyrocketed to a seasonally adjusted, record-breaking 11.55 million in March 2022. An astonishing 4.5 million employees quit their jobs that month, while new hires hovered around 6.7 million. Just do the math. The labor market is brutal. But there is actually a plus side for employers in this crazy hiring dynamic, as there is a plethora of talented, seasoned job seekers looking for something better. And that something better could be your business. https://www.thealternativeboard.com/blog/3-qualities-to-look-for-in-your-next-mvp

LinkedIn is a mainstay social media platform for business owners and professionals. No news flash there. But while most of us understand that having an engaging LinkedIn presence can bring tremendous value, many feel that the effort involved can be overwhelming. Business owners are very busy people, so the argument is, “Who has the time?”

The answer is, in all likeliness, you do.

Maintaining an active LinkedIn presence is easy and should really only take you a maximum of 5-10 minutes a day – even less if you are already an online news reader. That’s it. Just a few minutes to engage with your audience, enhance your opportunities for connection, and remind your contacts (and potentially others) that you are an expert in your field with worthy opinions and insights.