Small to mid-sized businesses have unique challenges when it comes to managing projects. SMB’s often don’t have the processes or systems in place to efficiently support the current size of the organization or its future growth, so projects are critical to future success. At the same time, SMB’s have limited resources and small training budgets which can adversely affect projects. SMB project failure can result in investment dollars and staff time down the drain, not to mention disruption in your organization. Don’t jeopardize your operations and profitability.
What is the best approach? Consider these four challenges and solutions:
1. Lack of full-time resources – Resources in SMB’s often have multiple responsibilities.…
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For many organizations, strategy (the “why we’re going to do what we’re doing”) is one of those mysterious, behind-closed-doors activities conducted annually by a small group of senior leaders. It’s viewed as a superior mental and managerial activity.
If you want to improve performance, or likewise increase capacity or capability, you need to track the one thing that you’ll never get back: time.
As small business owners, we want to be the best leaders possible. If you’re new to business management, you may not know how to go about just that. I’ve found 10 very useful articles that may give you some new insight into managing your small business better. Each article has something different to offer readers so be sure to see them all. Enjoy!
