Why a mission statement
A mission statement communicates the organization’s reason for being, and how it aims to serve its key stakeholders. Within the mission statement there can be Values that the organization and its employees are emotionally invested in. Many times, a company’s employees are not aware of the company’s mission. Even sadder, some don’t even know what role their company plays within the industry they compete in.....
Why Is it Important for Organizations to Use Project Management?
Before you can understand the importance of project management for businesses and organizations, you need to understand that a project is a temporary endeavor. The project is developed, implemented and monitored through project management to create a specific result in the organization. Project management's value lies in the appropriate allocation of resources to help the project be completed efficiently. A skilled project manager is good at keeping his or her eye on a lot of moving parts at once, making sure each piece of a project is proceeding as it should. Project management is especially important for complex projects with multiple deliverables that often depend one on the other.......
7 business growth challenges to anticipate and overcome
Achieving consistent, sustainable growth is likely to be a fundamental goal for your business. Expansion can lead to all sorts of exciting opportunities for your company and new experiences for your employees. But it’s important to be prepared for the obstacles that might arise on the path to long-term success.
From managing uncertainty to maintaining efficiency in an increasingly complex organization, here are some of the challenges your business could encounter as it grows, and some tips to overcome them..........