April 2024

Handle In-House Projects More Efficiently with MS Project Pro — Just  Through April 16

Handle In-House Projects More Efficiently with MS Project Pro — Just $24 Through April 16


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Microsoft Project has a proven track record as the go-to software for teams handling projects of all complexities. Even older versions, still capable of meeting most teams’ needs, are available at discounted rates. Previously discounted more than $100, this 2021 license to Project Professional 2021 is now available at an even more reduced rate.

Through 11:59 p.m. PT on April 16, you can save an extra six dollars on Microsoft Project Professional 2021 for Windows with code ENJOY20, bringing the total down to $23.99 (reg. $249).

The program comes with a wide range of pre-built project management templates to help you operate in an organized manner that can be looked back on with accuracy after the fact. It supports users syncing projects built online with those created on local servers.

Getting to the specifics, Project Professional features a lot of helpful tools. It enables users to submit timesheets and even differentiate between project and non-project work. It has what-if scenario generators and visualization tools to represent complicated schedules that a team may need to understand for proper coordination.

This all adds up to a relatively stellar critical reputation for Microsoft Project Professional. It’s rated an average of 4.4/5 stars on Capterra and GetApp, for example.

Users get lifetime access on one PC, and updates are included.

Don’t forget that only through 11:59 p.m. PT on April 16 only, you can get an extra 20% savings on Microsoft Project Professional 2021 for Windows with code ENJOY20, bringing the total down to $23.99 (reg. $249).

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These Are the Top 6 AI Threats to Your Business Right Now

These Are the Top 6 AI Threats to Your Business Right Now


Opinions expressed by Entrepreneur contributors are their own.

Imagine standing on the brink of the most transformative era in modern history, an era shaped by artificial intelligence, and failing to understand its impact on your business.

Ignoring the tidal wave of AI positions you squarely on the path to professional extinction. It opens the door for competitors to clone your success, for automation to replace your role and for your relevance in your industry to evaporate.

Think this is hyperbole? You haven’t been listening.

Watch this transformative video from bestselling author, Ben Angel, now — it will give you a crash course on the top risks entrepreneurs are walking straight into and the top skills they require to successfully navigate the change that is already underway.

Are you fully utilizing AI to drive your productivity and profits yet?

Download the free AI Success Kit (limited time only). And you’ll also get a free chapter from Ben’s brand new book, The Wolf Is at the Door: How to Survive and Thrive in an AI-Driven World.



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SEC hits investment advisors for violation of marketing rules

SEC hits investment advisors for violation of marketing rules


The Securities and Exchange Commission (SEC) has cracked down on five registered investment advisers.

The SEC imposed fines on five entities for violating marketing rules in what would be the second wave of regulatory action in the space of a year.

SEC fines investment advisors

All five firms have held their hands up and agreed to settle the penalties levied on them by the government body. The combined fines come in at $200,000 and the SEC has also imposed other charges.

The SEC’s investigations and orders found that “the five firms advertised hypothetical performance to the general public on their websites without adopting and implementing policies and procedures reasonably designed to ensure that the hypothetical performance was relevant to the likely financial situation and investment objectives of each advertisement’s intended audience, as required by the Marketing Rule.”

The five firms charged are:

  • GeaSphere LLC
  • Bradesco Global Advisors Inc.
  • Credicorp Capital Advisors LLC
  • InSight Securities Inc.
  • Monex Asset Management Inc.

Co-Chief of the SEC Enforcement Division’s Asset Management Unit. Corey Schuster would comment on the charges and the importance of the rules in place to safeguard consumers. He said “Today’s actions show that we will continue to employ targeted initiatives to ensure that investment advisers fully comply with their obligations under the rule. They also serve as a reminder of the benefits to firms that take corrective steps before being contacted by Commission staff.”

This is the second wave of marketing rule breaches that have been investigated by the SEC. The first wave was brought to light and nine advisory firms were hit with regulatory scrutiny in September 2023.

The order result would say “GeaSphere agreed to pay a civil penalty of $100,000. Bradesco, Credicorp, InSight, and Monex agreed to pay civil penalties ranging from $20,000 to $30,000, which reflected certain corrective steps taken by each of these firms before being contacted by the Commission staff.”

GeaSphere was hit with the heaviest penalties as they were found to have misled the orders of the SEC. The company made false statements in advertisements and could not make good on its commitments to consumers.

GeaSphere also violated other regulatory requirements, including by making false and misleading statements in advertisements, advertising misleading model performance, being unable to substantiate performance shown in its advertisements, and failing to enter into written agreements with people it compensated for endorsements.

The order further finds that GeaSphere committed recordkeeping and compliance violations and made misleading statements about its performance to a registered investment company client “that the misleading statements were included in the client’s prospectus filed with the Commission.”

Image: Ideogram.

 

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Bring the Fun to Work with This  Xbox Accessories Bundle

Bring the Fun to Work with This $40 Xbox Accessories Bundle


Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Building an efficient team isn’t all about finding the most skilled people and driving them forward. Your team’s emotional well-being also has a major impact on productivity, and happier workers tend to be more productive than their unhappy counterparts.

If you want to make some small changes to improve morale around the office, fun breakroom amenities could be the way to go, starting with gaming gear for your interested employees. The Bionik Pro Kit+ is a set of gaming accessories for the Xbox Series X/S that puts multiple essential pieces of gaming gear into one package, so you don’t have to buy them all independently. Usually $89, you can get this gaming kit for just $39.99.

Play to work and work to play.

The Pro Kit is a comprehensive gaming accessory package for the Xbox Series X/S. It includes the CLR-50 over-ear gaming headsets, featuring powerful 50mm drivers, an integrated microphone, and RGB color functionality for added visual flair. If one of your workers needs a little time to unwind without hearing the sounds of the office, all they need to do is pop these on and let the work day fall away.

The dual-port controller charger has back-lit indicators and an adjustable USB power cord. Just keep in mind that the controllers themselves aren’t included. This convenient kit also comes with two 1200mAh high-capacity rechargeable batteries with custom covers compatible with Xbox Series X/S controllers.

Make sure the quality charging cable doesn’t wander to someone’s desk along with the cable extender. Both are included in this bundle.

Save on an Xbox Series X/S gaming kit.

See if a little fun boosts productivity around the office.

Get the Bionik® Pro Kit+ for Xbox Series X/S + Essential Gaming Accessories while it’s on sale for $39.99.

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Denver inflation hits below the national rate

Denver inflation hits below the national rate


Denver has announced that the state’s rate of inflation has hit its lowest in three years.

The news means the Mile-High City’s inflation has hit under 3% and well below the United States average. The Denver-Aurora-Lakewood area would see this financial boon due to outsourced food and gasoline prices.

Denver tops the low inflation charts

The news comes from the U.S. Bureau of Labor Statistics’ bi-monthly update.  The government institution has been tracking Denver’s inflation as far back as a little over a year ago Americans were struggling with the hefty price of things like food and gas.

At this time Denver was facing the worst inflation in the state’s recent history at around 5.4% compared to the national average of 3.7%.

The major contributing factors in the state’s turnaround are due to both food prices and how gasoline prices have plummeted in the state.

The report would say that “Over the last 12 months, the CPI-U advanced 2.8 percent. The index for all items less food and energy rose 3.4 percent over the year, and food prices rose 2.5 percent. Energy prices fell 5.4 percent, entirely the result of a decrease in the price of gasoline.”

Gasoline prices also took a positive turn in comparison to last year when a major provider of the state’s fuel supply would need to go offline. The shutdown of the Denver pipeline from Suncor Energy would see a spike in gas prices to 35% and 50% respectively throughout the year.

The gas prices now in Colorado sit at $3.07 per regular gallon of gas which is down by roughly 10% across the year according to the AAA. The BLS report would say on energy prices “From March 2023 to March 2024, energy prices fell 5.4 percent, entirely due to lower prices for gasoline (-20.6 percent). Prices paid for natural gas service rose, and the index for electricity advanced 4.9 percent during the past year.”

The report focused on the surrounding areas of Denver-Aurora-Lakewood, which are made up of Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park counties in Colorado.

Image: Ideogram.

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4 Common Mistakes That Will Spell Doom Your Ecommerce Business

4 Common Mistakes That Will Spell Doom Your Ecommerce Business


Opinions expressed by Entrepreneur contributors are their own.

Today, you’ll be hard-pressed to find someone who hasn’t — at the very least — played with the idea of launching an ecommerce business. The U.S. is the global leader with an estimated 14 million ecommerce sites, and that number will only keep going up as selling online continues to gain traction among everyone from established brick-and-mortar businesses to individuals taking their first entrepreneurial steps.

While, yes, setting up an ecommerce store is easier than ever before, unfortunately, getting sales and succeeding is as difficult as it ever was. Perhaps even more, given the growing competition. As the CEO of an on-demand consumer goods platform, I have a front-row seat to the trials and triumphs of today’s digital businesses. I’ve witnessed first-time entrepreneurs attain life-changing success, and I’ve seen great ideas fizzle out due to poor execution and everything in between.

What I’ve noticed is that people succeed in many different ways, but they often fail in the same ones. It’s hard to spot a success story before it happens, yet it’s easy to tell if a business will struggle. With that in mind, here are the four most common mistakes people make that you should avoid when starting an ecommerce business.

Related: Business Owners: Are You Making These 10 Mistakes?

Succumbing to perfection paralysis

Some great products have never seen the light of day just because the business owner couldn’t find the perfect button color for their website. This sounds ridiculous – until it’s you who’s in that position, losing countless hours sweating the small stuff trying to make everything perfect.

Perfectionism is a common vice among first-time entrepreneurs in particular, as they have no grasp of what constitutes “good enough.” People go to great lengths to imitate the industry’s best examples while forgetting that the bigger companies often have entire teams of developers, designers and copywriters doing what the entrepreneur is trying to manage alone. “Doing things right” is simply unrealistic.

Instead, it may be wise to take a page out of a product developer’s book and focus on an MVP – a minimum viable product. The idea behind an MVP is that you do the minimum required to get a functional product or, in our case, a store. And then, once it’s up and running, you can iterate, improve and polish it to your heart’s content. This will help overcome perfection paralysis and focus on what really moves the needle.

Selling to everyone

Speaking of moving needles, building a brand without understanding your customer is like navigating without a compass. Sure, you may be moving, but in what direction? What challenges will you encounter? Should you have brought hiking boots or a boat?

The ABCs of entrepreneurship will tell you that for your business to be successful, it must answer a real need. But it falls on your shoulders to identify who exactly has that need. More often than not, it’s a small subsection of people. (And if it’s not – that’s a red flag signaling you might be biting off more than you can chew.)

This audience will have unique characteristics, including demographics, preferences, pain points and more. Successful businesses leverage these factors to craft tailored messages, to choose the best advertising platforms and to further develop their offering. Conversely, unsuccessful companies aren’t aware of who these high-potential customers are and instead opt for blanket messaging that’s aimed at everyone and no one in particular.

Experience shows that a laser-focused approach beats a broad net every time.

Related: I Accidentally Became a Successful Entrepreneur. Here Are 5 Mistakes I Learned to Avoid When Starting a Business

Refusing to adapt or admit mistakes

Failure is an inevitable part of early entrepreneurship. Unfortunately, it is also at this early stage that people are most idealistic. They have resolute expectations of how everything will work, and they become tunnel-visioned on bringing this specific idea to life rather than building a successful business.

As you might expect, this initial vision is usually misguided. Do you want to stand out with a super distinct brand voice? There is a reason why nobody else is doing it. Do you want to bring a product to a new audience? There is a reason why this audience hasn’t been interested in that product.

The hallmark of a high-potential business is the ability to recognize when their idea doesn’t work and pivot toward an alternative. Yes, it’s hard to kill your darlings, but unless you do, you’ll find yourself banging your head against the wall, bleeding resources on a failed concept.

Note that this isn’t only about your business idea but all your business activities, including design, marketing, product, etc. If something doesn’t work, adapt.

Trying to juggle everything alone

To go from idea to first sale requires a wide variety of skills, meaning solo entrepreneurs must wear many hats. They need to be designers, copywriters, website developers, user experience experts, accountants, partnership managers, and marketers—and all of this without even mentioning the product itself, which includes design, sourcing, logistics, photography and more.

Some people manage, and it’s admirable. But you don’t have to go at it alone.

For example, I repeatedly see aspiring entrepreneurs get sucked into learning peripheral skills, e.g., graphic design, when, in reality, they need little more than a logo, which would cost $5 to get from a freelancer on a job site. Worse yet, people get burned out from the constant learning and abandon their business ideas just because they can’t manage something that they could have paid someone else a few dollars to do.

Sure, those who struggle through like to wear their adversity as a badge of honor. Taking pride in doing things the hard way is human nature. But it’s not necessarily good business.



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What Damian Lillard Taught Me About Personal Branding

What Damian Lillard Taught Me About Personal Branding


Opinions expressed by Entrepreneur contributors are their own.

For Christmas, we got my son two tickets to the Portland Trailblazers vs. Milwaukie Bucks game. We live about an hour from PDX, so technically, the Blazers are our home team. And we love them — always have. I grew up watching Clyde the Glide take on Jordan, Pippen and Grant in the 1992 finals (they lost to the Bulls, by the way). I’m not sure who was more excited about the tickets — me or my 10-year-old son!

If you’re unfamiliar with Damian Lillard, aka Dame Time, you should be! Drafted in the 1st round (6th overall) to the Blazers in 2012 from a small school in Utah, Damian has spent his entire career in Portland — until this season.

When the opportunity to play with Giannis Antetokounmpo and the Bucks came up, nobody could blame him for taking the opportunity for a chance to win a championship.

You would think the people of Portland, and Oregon, for that matter, would be mad.

Far from it.

When my son and I went to the game, you could feel the love and appreciation for Damian. The organization even put half of its iconic Rip City structure in green in front of the Moda Center! It is typically red and black only.

When they announced his name, there was a two-minute standing ovation. I have the video of it; I can prove it. Some signs read, “Win Your Ring and Come Home,” and many read, “We Miss You.” Adidas dedicated a basketball court at their Portland campus to him the day before the game. It is the first and only time they have dedicated any building to an athlete. Portland was still selling Lillard jerseys (for twice the price of last year, I might add!)

So, after seeing all of this and feeling love for him at the game. I wondered, what makes him so different? Why do people feel so connected to him?

Related: I Emailed All 30 NBA Owners, Asking Them to Meet With Me. Here’s What Happened.

What makes Dame different

He has truly connected with his fans. But on a personal level. Yes, he shares pictures of his adorable children, his music and his brands on social media, but it’s more than that.

As mentioned above, he came from a small school. He has shared how he wasn’t always sought after and how he had to work harder. He’s shared how he had to put time behind the scenes when nobody was watching (or, quite frankly, cared) and didn’t know if he would actually make it to the NBA.

I feel like many of us can connect with that. Especially entrepreneurs. We put a lot of work in behind the scenes, and we’re unsure if it will be enough.

All athletes, celebrities, and mega-successful entrepreneurs are real humans, but we don’t always get to see that side of them or really connect with them. Damian has brought us along for the ride.

In addition to his personal story, Damian has spent (a lot of) time giving back to the city of Portland. Not only is he the all-time leading scorer for the Blazers, but he also founded the Lillard Foundation, was highly involved in the RESPECT program in many PDX high schools, and gave his time to the Special Olympics. He is like a family member at college for a semester, and we’re ready for him to come home.

A few weeks ago, the Blazers played the Bulls in Chicago. Guess who was at the game? Dame Time. He literally drove from Milwaukee to Chicago to support his old team. For most people, a two-hour drive to see an NBA game wouldn’t be that crazy, but for a professional athlete on a Monday night?

That shows who Damian is. I honestly don’t know how many professional athletes would do that on their night off. And that’s why people love him. He shows that he cares. He gives without expectation.

Related: 5 Simple Steps to Build a Personal Brand

How to improve your personal brand like Damian Lillard

Marketing will always be based on relationships. Creating them. Building them. Strengthening them. Enjoying them.

Damian crushes this.

Personal branding is becoming more important because people crave more connections (especially post-pandemic). And the fact is, like Dame Time, we all have a personal brand whether we like it or not, so it’s advantageous to put some effort into your brand. We may not have his exposure, but we all have a story to tell. People to help. Dreams to pursue.

A personal brand is so much more than your color scheme, tagline, or logo. It’s your vibe. It’s how you want to make people feel when they come across your social media platforms, sign up for your email list or browse your website. It’s more than pictures of your products, travels or kids. Don’t get me wrong, those are part of it, but it’s how you make them feel.

Remember Maya Angelou’s quote, “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.”

Related: 6 Tips for Leveraging Your Personal Brand to Create Partnership Opportunities

Feelings = Memories

What is your mission? What is your experience? What have you pushed through? How can you connect with your ideal customers? What do they need to feel from you to reach out to you?

How do you make people feel when they meet you at your business? How do you make them feel when they read your content or watch your videos?

That will ripple through everything.

Action steps

Take some time to review your messaging, branding, social media profiles, website and any other marketing channels you use to connect with potential and current customers.

Try not to:

1. Overthink this.

2. View this as an arduous item on your to-do list.

Remember why you started your business, and have fun with it! Block off an hour and put some thought into your brand.

If you need some inspiration, just Google Damian Lillard!





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SEC: What does your financial future look like?

SEC: What does your financial future look like?


The Securities and Exchange Commission’s (SEC) theme for April’s National Financial Capability Month has been revealed.

The SEC is asking Americans “What does your financial future look like? Having a plan can help answer the question.”

Creating financial plans is a key part of securing the future and throughout April the SEC and key stakeholders within the government institution will be talking about building a better financial roadmap.

SEC talks about the financial future

The government body will be releasing guidance from leaders in the SEC and those working in the engine room of the financial fair-play body. They will “highlight the importance of creating a saving and investing plan to help investors meet their financial goals, and will encourage them to take advantage of the free tools and resources available on Investor.gov.”

The SEC will also bring investor education events to various audiences, including students, underrepresented communities, older investors, and the military throughout the United States.

SEC Chair Gary Gensler said of the announcement “Investors turn to our capital markets every day, whether to grow a nest egg, plan for retirement, save for an education, or prepare for the inevitable bumps along the way.”

The SEC has released several tools to keep people informed. Including:

April’s Financial Capability Month Investing Quiz;

Director Lori Schock said “”Creating a saving and investing plan that helps you meet your financial goals and sharing those ideals and goals with your family and friends may not only help you stay more committed to your decision-making but can provide you with support to help you stick with your plan for the long term.”

The SEC will be bringing educational events to all residents of the United States but will be focusing that little bit more on older investors, high school and colleague students and service members. The regulatory body will also be targeting community organizations and affinity groups to help Americans plan for a healthier financial future.

Gensler would conclude “To be an informed investor is to be a more effective investor, and I encourage the public to take advantage of the many resources we offer on Investor.gov.”

Image: Ideogram.

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Meeting Efficiency for Leaders: Streamline Boss’s Calendar Like a Pro

Meeting Efficiency for Leaders: Streamline Boss’s Calendar Like a Pro


In today’s fast-paced business landscape, proficiently managing a boss’s calendar is nothing short of an art form. We’ve curated a treasure trove of practical tips and innovative strategies to help our dynamic leaders excel and maximize their time. Our comprehensive guide titled “Meeting Efficiency for Leaders: Streamline Boss’s Calendar Like a Pro” is designed to empower you with essential skills to prioritize the agenda effectively, establish time management strategies, foster effective communication techniques, delegate and empower team members, utilize the right technology solutions, and regularly review and evaluate meeting progress. Dive into our ingenious article and effortlessly transform your role into an unbeatable timekeeping maestro, ensuring your boss’s schedule runs smoothly like clockwork.

Prioritize the Agenda

Prioritizing the agenda is key to streamlining your boss’s calendar and effectively enhancing meeting efficiency. When you take the time to clearly establish the importance and expected outcomes of each agenda item, it helps develop a focused and productive meeting. An easy way to prioritize is by categorizing items into “urgent,” “important,” and “routine” discussions. Also, acknowledging the distinctive goals of each attendee allows the meeting to address their concerns effectively and generate better results.

To demonstrate the significance of prioritizing the agenda, consider a meeting where the primary goal is to address crucial budget allocations. Rather than diving headfirst into debating the budget allocations at the beginning of the meeting, allocate time for a brief update on a recent event relevant to the team’s operations. This allows attendees to settle in and focus on the crucial discussion ahead. Utilize smooth transitions such as phrases like “moving on to our main concern for today” to emphasize the importance and connect sections in the agenda, making the meeting more cohesive. Ultimately, by strategically prioritizing the agenda, leaders can facilitate streamlined meetings focusing on the most essential topics, maximizing efficiency, and boosting team productivity.

Establish Time Management Strategies

Time management strategies are essential for leaders looking to meet their efficiency goals. By systematizing the boss’s calendar and prioritizing tasks, executives can optimize their time usage, delegate duties effectively, and sharpen their overall focus. One practical approach is the ‘Eisenhower Matrix,’ which categorizes tasks into four quadrants based on their urgency and importance. Leaders can use this method to evaluate their daily responsibilities and concentrate on what truly matters. Additionally, other proven techniques, such as the Pomodoro Technique, promote better focus by breaking work into timed intervals with short breaks in between. These strategies contribute significantly towards increasing leaders’ productivity.

Implementing these time management strategies can substantially benefit the entire team. For instance, a well-organized boss’s calendar sets a positive example and encourages employees to hone their time management skills. This results in enhanced office productivity and reduced stress among team members. Moreover, efficient task delegation allows leaders to allocate their valuable time to critical decision-making and fosters a work environment that prioritizes teamwork and communication. By mastering these strategies, leaders set the stage not only for their own success but also for the prosperity of their organization.

Effective Communication Techniques

Effective communication techniques are crucial in optimizing a leader’s calendar and ensuring meeting efficiency. By utilizing clear, concise language and setting expectations beforehand, leaders can avoid confusion and misinterpretations that often lead to wasted time in meetings. For example, using written agendas and pre-meeting briefs can help attendees be better prepared, encouraging focused discussions and reducing the need for lengthy catch-up periods. Additionally, integrating various communication tools, such as video conferencing and collaborative platforms, can increase attendees’ engagement and participation, ultimately resulting in a more productive use of the allocated meeting time.

To further enhance meeting efficiency, leaders should establish a feedback loop that enables continuous improvement in communication practices. This can be achieved by regularly soliciting input from participants on meeting format, content, and overall effectiveness. Adopting a “less is more” approach, eliminating unnecessary or redundant communication, can also contribute to increased productivity. By prioritizing key messages and communicating efficiently, leaders can drive effective decision-making and action from their team members. Combining these communication techniques with a well-organized calendar will empower leaders to streamline their schedules and boost productivity.

Delegate and Empower Team Members

Delegating tasks and empowering team members is essential to meeting efficiency for leaders. When employees are actively involved in decision-making, their sense of ownership and commitment to the project increases, improving productivity and job satisfaction. For instance, a study conducted by the Harvard Business Review found that highly empowered teams exhibit a 21% increase in efficiency compared to their less empowered counterparts. By entrusting team members with specific responsibilities, leaders free up valuable time on their calendars and promote a collaborative work environment where each individual’s unique skills and talents are valued and utilized.

To effectively delegate tasks and empower team members, communication is key. Leaders should clearly articulate expectations, provide necessary resources, and establish trust in the team’s capabilities. A great example of this is Google’s Project Aristotle, which aimed to identify key factors driving the success of their teams. The research found that psychological safety, a shared belief within a team that they can freely express their thoughts and ideas without fear of reprisal, is the most critical aspect of high-performing teams. Encouraging open communication and providing regular feedback are crucial elements in fostering such an environment. Transitioning towards a culture of delegation and empowerment streamlines a leader’s calendar and paves the way for a highly efficient and motivated team where innovation and creativity thrive.

Utilize the Right Technology Solutions

One way to enhance meeting efficiency for leaders is to embrace appropriate technology solutions that can simplify scheduling and boost productivity. Investing in reliable time-management software, such as calendar management tools or virtual assistants, will significantly lessen a boss’s calendar burden. For example, using tools like Microsoft 365 or Google Workspace allows synchronization of calendars, seamless scheduling, and efficient time management. These tools also provide real-time data analytics to optimize meeting durations, minimizing unnecessary and unproductive meetings. Furthermore, virtual assistants such as Zirtual or Time Etc can provide additional support for bosses by prioritizing urgent items and ensuring smooth work processes.

Incorporating meeting management tools like Doodle, Asana, or Trello can further help streamline a leader’s agenda, ensuring smooth and well-executed meetings. These platforms facilitate easy communication among team members, allowing them to contribute, collaborate, and share ideas more effectively. By leveraging the strengths of these applications and platforms, leaders can foster a more cooperative and efficient work environment, reducing the need for lengthy and poorly planned meetings. With the right combination of tools and a proactive approach to streamlining their calendars, bosses can achieve more productive results in less time, ultimately expanding their capacity for critical tasks and improving their overall performance.

Regularly Review and Evaluate Meeting Progress

Consistently assessing and evaluating meeting progress is crucial in maintaining overall meeting efficiency for leaders. Regularly analyzing meeting outcomes allows you to identify any recurring issues, streamline discussions, and ensure that tangible results are achieved. For example, one way to gather feedback is by conducting a survey or a quick staff poll to collect suggestions and constructive criticism. Proper evaluation provides valuable insights into employee engagement and meeting relevance and helps to determine whether adjustments need to be made for future meetings. This data-driven approach promotes continuous improvement, ensuring everyone’s time is respected and utilized effectively.

In addition, smooth transitions are utilized to maintain a seamless flow of ideas from one topic or agenda item to another, minimizing disruptions and optimizing time spent on each discussion area. Implement transitional techniques, such as using connecting words (e.g., “however,” “consequently,” “furthermore”) or signposting phrases (“moving on to…,” “now let’s discuss…,” “next, we will cover…”), to help maintain structure, coherence, and logical progression throughout the meeting. By incorporating these well-crafted transitions, leaders can drive the conversation forward, create a positive atmosphere, and encourage better participant collaboration. This precise method of streamlining will ultimately result in higher-quality meetings and improved overall efficiency.

Closing Thoughts

In summary, mastering the art of meeting efficiency is essential for today’s leaders to optimize their Calendar and maximize productivity. Leaders can ensure that their meetings remain focused and outcome-driven by prioritizing the agenda, establishing time management strategies, and employing effective communication techniques. Empowering team members through delegation and harnessing the correct technology solutions further contribute to streamlined meetings, ultimately saving valuable time and resources. Regularly reviewing and evaluating meeting progress ensures continuous improvement, resulting in a well-oiled machine where meeting efficiency transforms into a competitive edge within the organization.

Frequently Asked Questions

How can I prioritize my boss’s agenda for better meeting efficiency?

Creating a prioritization system is critical to streamlining your boss’s calendar. Categorize items into “urgent,” “important,” and “routine” discussions. This helps develop focused and productive meetings while effectively addressing each attendee’s unique goals and concerns.

What are some time management strategies for improving meeting efficiency?

Use proven time management approaches like the Eisenhower Matrix to help you categorize tasks based on urgency and importance, allowing leaders to focus on what truly matters. Additionally, consider employing techniques such as the Pomodoro Technique, which enhances focus by breaking work into timed intervals with short breaks.

How can effective communication techniques contribute to better meeting efficiency?

Utilize clear, concise language in written agendas and pre-meeting briefs to avoid confusion and encourage focused discussions. Integrating a variety of communication tools, such as video conferencing and collaborative platforms, can increase engagement and participation from attendees, leading to more productive use of meeting time.

How can I empower my team members to enhance meeting productivity?

Delegate tasks and involve team members in decision-making to improve their sense of ownership and commitment, increasing job satisfaction and productivity. Foster a work environment with open communication, trust, and regular feedback to encourage a collaborative and efficient workplace.

Which technology solutions can aid in meeting efficiency?

Invest in reliable time-management software, such as calendar management tools or virtual assistants, to streamline scheduling and improve productivity. Incorporate meeting management tools like Doodle, Asana, or Trello to facilitate easy communication, collaboration, and idea-sharing among team members.

Why is it important to regularly review and evaluate meeting progress?

Regular analysis of meeting outcomes helps identify recurring issues, streamline discussions, and ensure tangible results. Gathering participant feedback and employing smooth transitions during meetings can maintain structure and coherence throughout, resulting in higher-quality meetings and improved overall efficiency.

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Why Leaders Should Pay Attention to the Rise in Organized Labor Disputes

Why Leaders Should Pay Attention to the Rise in Organized Labor Disputes


Opinions expressed by Entrepreneur contributors are their own.

In 1919, the United States was gripped by two seemingly unrelated trends: a global pandemic (influenza) and a wave of labor unrest. Four million workers, or one-fifth of the labor force, went on strike that year.

Flash forward a century, and history appears to be repeating itself. In the wake of the COVID-19 pandemic and other multi-layered economic factors, labor strife has rocked a variety of economic sectors: automotive workers, nurses in multiple states, Hollywood writers and actors, and journalists all went on strike. Unionization movements within tech and other nontraditional sectors sprung up all at once. Could it all just be a coincidence, or is something more happening here?

Any broad shift in dynamics between workers and management has implications for the present and future of employment in the United States. A deeper understanding of the forces at work could be valuable for a variety of businesses.

In analyzing the commonalities and trends from these recent examples, three lessons stand out:

1. Rewarding labor for corporate success

When business is booming, executives who hold an equity stake in the company are rewarded. Workers lower on the food chain typically do not see a similar boost in their paychecks. This phenomenon is nothing new; however, many workers were hit disproportionately hard in the 2008-2009 financial crisis and again during the recession stemming from the COVID-19 pandemic. Now that the economy has improved in several sectors, employees are looking to recover lost gains and receive what they feel is their fair share.

Questions like this motivated the United Auto Workers (UAW), which accepted lower pay for newer workers after the Great Recession. Business results for auto companies have significantly improved, and the UAW looked to recapture lost benefits and increase wages for all levels of workers. Their members, motivated by rising inflation and leveraging their collective power, successfully navigated a significant step change in compensation and massive increases in benefits. Similarly, Hollywood writers and actors have recently struck significant deals to navigate changing business models and protect livelihoods. The question is: did it need to be this difficult?

The takeaway: today’s labor force is increasingly aware of how their companies are performing and has significantly more transparency into what their peers and superiors are earning. They also have more avenues to mobilize. Work diligently and proactively to understand and design systems in which business success can bring increased rewards for your workers to avoid the need for protracted negotiations.

Related: 75000 Kaiser Permanente Workers Strike, Demand Better Pay

2. Disenfranchised employees

When HBO’s streaming unit rebranded to “MAX” in 2023, it ceased crediting writers, directors and producers individually. That hit a nerve within the guild representing each faction. Fears of AI adoption — were addressed in the ultimate resolution to the writers’ strike.

The sense of disenfranchisement among workers upset with the direction of their companies or their industries wasn’t unique to the labor strikes in entertainment. Although the money at stake in Hollywood might have been greater, many fields of work run the risk of intrusion from AI in a way that threatens workers’ livelihoods.

The takeaway: Open communication from management about changes to company policies, practices and directions is essential. Businesses must evolve to stay afloat; the more transparent management can be about that evolution, the less likely workers are to feel disenfranchised. Engage with them directly in the process to think through how shifting technology can help, what concerns exist and how to navigate it together to retain key talent and keep engagement levels high. With AI in particular, consider what skills will be required as business models evolve and how you can properly support and train workers along the way so they can leverage these new tools to help your business grow.

Related: Huge UPS Strike Could Wreck U.S. Economy and Benefit Amazon

3. Investors and owners can be disconnected from workers’ day-to-day reality

The increase in venture capital and hedge fund investments in healthcare and print journalism — to name two — drove pushes for increased efficiency and profits. This correspondingly made a number of employees, many of whom entered these careers with altruistic or public-service-oriented mindsets, feel like their companies were becoming increasingly disconnected from their day-to-day work and, in some cases, their values/reasons for working in the field. A number either left their careers or became disillusioned, feeling they had misaligned incentives between the purpose of their jobs and the processes they were now being asked to follow.

The takeaway: The more disconnected management is from its labor force, the more it invites the potential for misaligned incentives between the two parties. Bridging the gap is necessary as industries consolidate and pushes for efficiency continue. Narrow the knowledge gap between executives in the C-suite and workers on the ground. Understand what motivates employees to do their jobs well and involve them directly in designing more effective and efficient processes – it will drive improved results, engagement, and better change management as businesses evolve.

Related: How Your Business Can Be Ahead of the Curve by Looking Backward and Thinking Forward

In summary

How can managers anticipate sources of labor unrest before they rise to the level of concern? The following practical considerations can help achieve one or more of the objectives outlined above.

  1. Structure incentives and compensation models so everyone wins as business results improve.
  2. Keep your employees informed about where business models are shifting (e.g., streaming, AI, etc.), and proactively think through potential employee concerns and how to address them.
  3. Involve employees directly in designing more effective and efficient processes and more transparently share your goals. Listen to their concerns and find a way to improve business results, but employee engagement and alignment are a strong part of the equation.
  4. Demonstrate the value of “walking a mile in the employee’s shoes” – have leaders spend time doing the day-to-day work better to understand their thoughts, areas of opportunity, etc.
  5. Put in place a system of regular pulse checks with the entire organization to catch issues before they become significant.



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