All Business Management, Services & Risk Management Articles
  • How to ace a group interview

    Hank Boyer Business Management, Services & Risk Management

    More and more employers are using group interviews to help make their final selection. A group interview occurs whenever there is a team of two or more interviewers who each participate in the same job interview at the same time. Some employers use group interviews for finalists for a position, while others use group interviews for candidates positively flagged after one or more phone interviews. Group interviews may be formal in that questions are scripted ahead of time and specific interviewers are assigned to ask questions in certain areas. Conversely, sometimes group interviews are more relaxed and conversational in an effort to get to know the candidate, and how well an individual would fit within a team.

  • US employers shed 700,000 jobs, as unemployment rises to 4.4%

    Seth Sandronsky Business Management, Services & Risk Management

    ​In March, total U.S. nonfarm payroll jobs fell by 701,000 versus February's 273,000 new hires, according to a report by the ​U.S. Bureau of Labor Statistics. March's unemployment rate rose to 4.4% from February's 3.5%, according to the Bureau of Labor Statistics. Efforts to slow the spread of the coronavirus pandemic included local and state orders to practice "shelter in place" and social distancing," as well as closing bars and restaurants. The leisure and hospitality sector accounted for 459,000 layoffs or 65% of March's total job losses.

  • During pandemic, US hospitals are firing, furloughing and cutting pay

    Scott E. Rupp Healthcare Administration

    While it may seem counterintuitive during the coronavirus pandemic, there are many hospitals across the United States that are furloughing, firing, or cutting pay for employees despite the coming surge of virus cases. The act of doing so is not, unfortunately, limited to a specific few, and is becoming an issue for more hospitals nationwide. These moves have become a necessity for most hospitals as they have cut elective procedures to limit supplies and make the most of their resources to battle COVID-19.

  • Repurpose the foundation

    Robert C. Harris Association Management

    Many associations maintain a subsidiary or related foundation. The majority are educational, with the mission reading: "Supporting professional development, scholarship and research." Some of these foundations are dormant or underperforming. Does the pandemic open the door to repurpose your foundation? An advantage of a 501(c)(3) foundation is fundraising. Contributions are recorded by donors as charitable deductions, encouraging corporations and members to contribute to a cause and receive a tax benefit.

  • Virtual events are essential marketing tools for the short and long term

    Lisa Mulcahy Marketing

    During the coronavirus outbreak, live events for your brand have obviously been tabled. Planning virtual events, however, can very much be part of your present social/digital marketing strategy — and you may find they work for you in the post-COVID-19 times as well. Virtual events can effectively span the gamut from trade shows, sales environments, conferences and more; you can basically showcase every aspect and facet of your marketing might directly to your customers wherever they are. What key points do you need to keep in mind so you can plan and execute great virtual events? Pay close attention to these 10 smart moves to ensure clarity and great participant reactions.

  • COVID-19: Paid leave mandates for businesses and workers

    Grace Ferguson Business Management, Services & Risk Management

    With COVID-19 continuing its assault on the U.S. economy, the federal government has enacted legislation mandating paid leave for some American workers. Employers should understand their responsibilities under the new regulation plus any others required by law.

  • Adapting your marketing strategy for the aftermath of COVID-19

    Lisa Mulcahy Marketing

    As we live through the COVID-19 pandemic day-by-day, it can be hard to see the forest for the trees — but this crisis will end, and that is a powerfully positive fact. Use your business now to plan for the aftermath so you can emerge in a strong position in terms of your brand's messaging. So, what are the right steps? Use these guidelines to help cover all your planning needs.

  • 3 possible economic outcomes for the coronavirus pandemic

    Lark Gould Business Management, Services & Risk Management

    Surviving the coronavirus is currently top of mind for the American public. There are many likely scenarios possible within the possible epidemiological trajectories of COVID-19 and the economic response to this crisis will also develop over the next few months, bringing a new set of struggles to consider. The Conference Board, a New York-based think tank on the economy and public policy, has developed three scenarios for the development of the U.S. economy through the remainder of the year.

  • Letting go of costly mistakes

    Anne Rose Business Management, Services & Risk Management

    Everyone makes mistakes. As long as humans are involved, mistakes are a part of life. We should try to minimize them, but the fact remains that someday, someone, will make a mistake. How do you, as an employer, forgive and let this go?

  • Survey: 1 in 5 managers unprepared to lead remote teams

    Terri Williams Business Management, Services & Risk Management

    Remote work has become essential for many organizations. However, it appears that some employees and managers are ill-equipped for this type of work arrangement. According to a new survey by leadership training company VitalSmarts, 21% of employees don’t feel their team members have good enough collaboration habits to work effectively from home and 20% of leaders are either unprepared or very unprepared to manage remote teams. Additionally, a VitalSmarts survey conducted before COVID-19 found that remote workers were already experiencing challenges when issues arise.