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StrategyDriven Practices for Professionals Article

What Every Adult Needs To Know About Money

StrategyDriven Practices for Professionals Article
 
As an adult, the most confusing thing we often have to get used to in our lives is dealing with money and being responsible for a whole lot of things. We never get taught how to manage money in school so when we hit adulthood the terminology can be super confusing and it is no wonder so many of us are left in debt. If you are new to adulthood and need a few easy tips on managing money, here are the basics.

You need to start saving soon

Savings are so crucial for anyone to have and you should never take them for granted. Start saving even a few dollars as soon as you can and have it secured in a savings account for you to use later on in life. This acts as an emergency fund for if you are ever taken ill from work or you ever suffer from some sort of unexpected bill. Always save and be smart.

Tax is a pain

Tax is a word which can bring a collective shudder down the spine of pretty much any adult and it can be a real pain to manage. Tax is a form of payment we give to the government to help them run the services and other things which make the country. Everyone has to contribute a little bit and this is used for the better of the whole country. There are various things to think about with tax such as getting Qdos IR35 advice, thinking about national insurance and lots of other elements, and it is worth reading up on the basics of tax so that you know what your money is going towards.

Pensions are super important

Pensions might be something you don’t consider when you are in your late teens and early twenties but a pension can be a huge benefit to you later in life and the earlier you start saving the better it will be for you. If you can start your pension now you will have more money towards your life later on when you need it the most. It is a simple thing to set up and you won’t even notice the pension leave your bank account anyway!

Read your bank statements!

It cannot be said enough that those bank statements you get through the post or emailed to you every month should be read. It doesn’t matter if you haven’t really bought much or had any big costs this month, it is always worth knowing how much money you have and also how much money you spend on average each week. You might find that you need to cut down on lunch or coffee costs and work and this can help a huge amount towards your financial stability in the future.

Compare prices for your bills

If you own a house, first of all, congratulations. It is becoming increasingly difficult to be a homeowner these days so you deserve a little pat on the back! In seriousness, if you have bills to pay each month, it is important to make sure that you compare deals online to see if you can pay less. Even if you already have a provider there is no problem in switching!

StrategyDriven Big Picture of Business Article

The Big Picture of Business – Ethics… Good for Business

StrategyDriven Big Picture of Business ArticleIn order to succeed and thrive in modern society, all private and public sector entities must live by codes of ethics. In an era that encompasses mistrust of business, uncertainties about the economy and growing disillusionments within society’s structure, it is vital for every organization to determine, analyze, fine-tune and communicate their value systems.

Corporate Responsibility is more than just a statement that a committee whips together. It is more than a slogan or rehash of a Mission Statement. It is an ongoing dialog that companies have with themselves. It is important to teach business domestically and internationally that:

  1. We must understand how to use power and influence for positive change.
  2. How we meet corporate objectives is as important as the objectives themselves.
  3. Ethics and profits are not conflicting goals.
  4. Unethical dealings for short-term gain do not pay off in the long-run.
  5. Good judgment comes from experience, which, in turn comes from bad judgment.
  6. Business must be receptive–not combative–to differing opinions.
  7. Change is 90% beneficial. We must learn to benefit from change management, not to become victims of it.

Corporate Responsibility relates to every stage in the evolution of a business, leadership development, mentoring and creative ways of doing business. It is an understanding how and why any organization remains standing and growing…instead of continuing to look at micro-niche parts.

Integrity is personal and professional. It is about more than the contents of a financial report. It bespeaks to every aspect of the way in which we do business. Integrity requires consistency and the enlightened self-interest of doing a better job.

Financial statements by themselves cannot nor ever were intended to determine company value. The enlightened company must be structured, plan and benchmark according to all seven categories on my trademarked Business Tree™: core business, running the business, financial, people, business development, Body of Knowledge (interaction of each part to the other and to the whole) and The Big Picture (who the organization really is, where it is going and how it will successfully get there).

One need not fear business nor think ill of it because of the recent corporate scandals. One need not fear globalization and expansion of business because of economic recessions. It is during the downturns that strong, committed and ethical businesses renew their energies to move forward. The good apples polish their luster in such ways as to distance from the few bad apples.

Corporate Responsibility means operating a business in ways that meet or exceed the ethical, legal, commercial and public expectations that society has of business. This is a comprehensive set of strategies, methodologies, policies, practices and programs that are integrated throughout business operations, supported and rewarded by top management.

Corporate Sustainability aligns an organization’s products and services with stakeholder expectations, thereby adding economic, environmental and social value. This looks at how good companies become better.

Corporate Governance constitutes a balance between economic and social goals and between individual and community goals. The corporate governance framework is there to encourage the efficient use of resources and equally to require accountability for community stewardship of those resources.

As part of strategic planning, ethics helps the organization to adapt to rapid change, regulatory changes, mergers and global competition. It helps to manage relations with stakeholders. It enlightens partners and suppliers about a company’s own standards. It reassures other stakeholders as to the company’s intent.


About the Author

Hank MoorePower Stars to Light the Business Flame, by Hank Moore, encompasses a full-scope business perspective, invaluable for the corporate and small business markets. It is a compendium book, containing quotes and extrapolations into business culture, arranged in 76 business categories.

Hank’s latest book functions as a ‘PDR of business,’ a view of Big Picture strategies, methodologies and recommendations. This is a creative way of re-treading old knowledge to enable executives to master change rather than feel as they’re victims of it.

Power Stars to Light the Business Flame is now out in all three e-book formats: iTunes, Kindle, and Nook.

StrategyDriven Practices for Professionals Article

What to do After an Unfair Dismissal

StrategyDriven Practices for Professionals ArticleBeing made jobless can be an extremely traumatic time. The sudden loss of your livelihood can have a range of adverse effects on one’s mental health and well-being. If you were dismissed unfairly, the unjustness of your situation can increase these adverse effects. It’s not the time to despair, to be angry or to take a short break from work, though. It’s the time to act. This article talks you through the stages you will need to take after an unfair dismissal to ensure you receive justice for the situation while at the same time preparing for a new life with a new job.

Emergency Budget

Usually, an unfair dismissal comes out of nowhere, which means you’ll not have had time to prepare your finances or your personal life for the effects of being without your regular source of income. Take an overview of your cash situation and consider your monthly payments. This might be a time where your lifestyle is forced to pause while you consolidate your resources and await either a new job, the reinstatement of your previous position, or some compensation for your unfair dismissal.

Legal Routes

An unfair dismissal often means you’ll be able to pursue your previous employer in an employment court. It’s very simple to check whether this is a possible route for you to take. When you call the number provided at spencerssolicitors.com, you will receive expert advice on your case. If there are grounds for complaining about your dismissal as unfair, these legal experts will be able to take the case on for you and offer you any advice you may have to follow for your claim to be as watertight as possible. Unfair dismissals are traumatic and can affect your future, so you’re well within your right to launch a legal proceeding.

New Income

Nevertheless, compensation from your previous employer will not necessarily be swift to arrive in your bank account. There might be a few weeks or even months between you being unfairly dismissed and you being able to claim your compensation, and in that time you’ll need an alternative source of income. Begin job hunting as soon as you can, even for part-time or temporary positions in your area. Don’t be afraid to take a lesser job to your previous one initially. It’s essential you’re earning before you search for that dream new job.

The Legacy

As you move into the future, it’s important to construct a palatable legacy from your previous position from which you were unfairly dismissed. Dismissals from work are something of a stain on your CV and your employment record, and that’s why it’ll be crucial to set the record straight. Keep on good terms with someone from your old workplace who’ll be able to give you a reference explaining the circumstances of your dismissal in an accurate and flattering fashion. Ensure that you’re able still to draw upon the good moments in your old place of work, and don’t isolate yourself from them entirely.

Unfair dismissals are a significant speed bump in life, but they can nonetheless be easily navigated. These tips will ensure your unfair dismissal is not too damaging to your lifestyle.

StrategyDriven Professional Development Article

10 Personal Development Tips You Can Try Today

StrategyDriven Professional Development Article
 
Growing personally and professionally are ways to remain competitive and stay ahead of the market today. As a professional, you have to always be aware of the fact that your personal development starts with you; it is your responsibility to know how you want to improve and advance in your career and in life in general.

Personal development doesn’t have to be complicated too. Simple changes to how you do things, actively seeking new skills to master, and learning continuously are among the things you can do to continue to grow as a person and a professional. These next 10 personal development tips will help make managing your own growth even easier.

1. Now Is the Time

Don’t wait until tomorrow to take charge of your personal growth. Do the things that you can do today and worry about the rest later. Now is always the best time to start because the longer you wait, the further away you are from the goals you want to achieve.

Besides, there is no room for procrastination in a market as competitive as today. Whether your goal is to advance in your career, to make a jump to a new field, or to simply grow as a person, figure out how to achieve that goal and take action today.

2. Small and Steady

Big leaps are exciting and often take you to new places, but it is not always possible to make such a big leap forward. Rather than wait for the opportunity for that big step to come, focus more on making smaller steps and steady growth.

Taking small steps to improve yourself as a professional is much more sustainable than waiting for big opportunities to seize. You will be surprised by how far you can go when you start taking one small step after another.

3. Have Clear Objectives

It is much easier to plot a course when you know exactly where you are going; the same principle applies to personal development as well. There is nothing wrong with having big goals to achieve, but you also need to set smaller, more reachable milestones to keep you going.

Having clear objectives allow you to set clear plans on how to achieve them. More importantly, they let you stay driven for longer.

4. Define a Plan

Now that you have the objectives nailed, it is time to work on a detailed plan for how to achieve them. If the goal is to land that managerial position you have always wanted, find ways to showcase what you can do to get the attention of your superiors.

When the goal is to boost your wealth, learn more about how you can offer services and generate additional sources of income while working a full-time job. Every objective is reachable; you just have to know how to get there in a timely manner.

5. Learn from Others

One of the fastest ways to learn – especially for personal growth – is by learning from others. Fortunately, you have plenty of role models to follow and people whose skills and experience you can absorb.

Let’s say you want to start investing in the financial markets. Learning about the basics and mastering technical analysis are things you can do on your own. Quickly gaining the experience to be a successful trader, on the other hand, isn’t as straightforward.

As a solution, you can learn from other traders who are more successful in the market. It is possible to turn to trading signals and the technical strategies that other traders have used to speed up your learning process.

6. Appreciate Your Achievements

We’re back to the smaller milestones you have set earlier. The main purpose of having smaller milestones to achieve is so that you can appreciate hitting those milestones. Do so and show yourself the appreciation you deserve.

Whenever you feel tired of pushing for the big objectives, the smaller milestones will keep you going. You know that hitting one milestone means you are one step closer to your final goal. You can stay motivated for longer and you will be able to focus on your goals better too.

7. Challenge Yourself

There is nothing wrong with feeling afraid or uncertain when trying new things. Those emotions are parts of the process. Overcoming those emotions is exactly how you become a better person and a more capable professional.

You also want to challenge yourself frequently. Learn new skills and practice implementing those skills in real-life situations. You can bring the new abilities to work and become a better professional too. Don’t be afraid to try new things; don’t be afraid to fail at those things, especially on your first try.

8. Explore Your Passion

While you are at it, make sure you also listen to yourself better. Learn more about your true passion and give yourself the opportunity to pursue that passion to the fullest. You’ll be surprised by what you can achieve when you start doing things you are really passionate about.

Going after your passion is a realistic thing to do, especially since you have your full-time job acting as a safety net. As long as you can utilize your time effectively, you’ll be able to achieve great things while following your true passion.

9. Evaluate

We discussed how it is completely okay to fail when trying new things. Failures aren’t such a bad thing, especially when you think about the many things you can learn from them. All you need to do is be more critical about your failures – and your successes.

Evaluate your steps, assess the new skills you master, and get a clearer view of your progress as a whole. Whenever adjustments are needed, don’t hesitate to change your course and return to pursuing the big objectives you have in mind.

10. Persevere

Patience is your biggest asset in personal development. You cannot achieve great things overnight; everything takes time and you have to be patient enough to go through the process.

At the end of the day, every step you take to grow as a person and a professional is a step worth taking. With these tips in mind, personal development is even more manageable than you think.

StrategyDriven Entrepreneurship Article

The Big Picture of Business – Wisdom From the Disasters, Recovery Through Compassion and Resilience

StrategyDriven Entrepreneurship ArticleThe month of September saw natural disasters. In times of crisis, people came together to help each other.

Forces of nature: from disasters came citizens with noble hearts and a willingness to serve others. Young people sought to help, thus inspiring lifelong commitments to community stewardship. The beacons of light came from caring people, corporate contributors and a spirit of goodwill.

Wisdom from hurricanes and natural disasters: Bring your hearts and your hands. The worst disasters bring out the best in caring, compassionate people.

Hurricane storms do not redefine who communities are… they make communities stronger. Volunteers are the glue to resilient communities. In rebuilding after hurricanes, don’t just build the way it was. When there are tragedies, there will always be helpers. Heroism emerging from Harvey and Irma.

The more we do for others, the more we feel the “potlache” of giving to others. Natural disaster stages: Warning, hit, search and rescue, recovery, rebounding, analysis, flood prevention planning, learning from crisis, community development.

Commit to a program of volunteering. Heart warming scenes of neighbors helping each other in disaster spark the passion of citizens to contribute further. Ongoing community needs for volunteers are supplied by Volunteer Houston: http://www.volunteerhou.org. This is the central contact, as they work with hundreds of non-profit organizations in the greater Houston area, ascertaining needs and scheduling volunteers. Volunteer Houston gave me their Lifetime Achievement Award two years ago. To volunteer statewide in Texas, OneStar Foundation is the coordinating entity: http://onestarfoundation.org.

Houston Strong motivational campaign launched. It embodies resilience, rebounding from disaster, teamwork and volunteer spirit. Other memorable campaigns have included: Houston Proud, Texas Cares, Clutch City, H-Town, The City With No Limits, Houston’s Hot, Magnolia City, Bayou City, Energy Capitol, Space City, Texas Sesquicentennial, Texas State of Mind, Don’t Mess With Texas, Spirit of Texas. There were classic radio jingles: “My Home Town” and “Sounds of the City.” And there was “Houston Legends,” my seventh book, a comprehensive city history that inspired community forums, volunteer recognition and nostalgia.

George R. Brown would be so proud that the convention center bearing his name would temporarily house flood victims. He was a community leader and would be warmly greeting the citizens if he were here today. I knew Mr. Brown in the 1960s and 1970s, first as friends of President Lyndon B. Johnson, then later serving together on charity boards. His favorite accomplishments included the establishment of intercity educational and daycare programs. He was born in Belton, TX, joined the U.S. Marines in World War I and co-founded the construction firm Brown and Root. Pictured, GRB and brother Herman Brown. GRB and LBJ.

There are 23,000 non-profit organizations in the greater Houston area, in action to assist flood victims and citizens in need. Many other cities are sending rescue vehicles, supplies and volunteers. Kudos to friends and community supporters. Volunteers are always to be thanked for their service. In crises and other times, neighbors help each other.

In recovery from the disaster weather crisis, it is important to honor volunteers for their service. The more we do, the more we feel the “potlache” of giving to others.

Realities of giving and charity:

  • Ego charities benefit the organizers.
  • Celebrities often get duped into promoting causes.
  • Charitable involvement is not a game or contest.
  • Most companies give to communities.
  • Cause-related marketing is a good thing.
  • Some companies use “philanthropy” as a marketing scam.

Best advice to You, the Humanitarian:

  • Give generously.
  • Pick causes about which you are passionate.
  • Serve causes which serve many.
  • Your time is your most valuable commodity.

We’re a very giving society and want to make a difference. Companies making donations should be recognized. Human caring and hours of their volunteer service are what matters most. After the crisis, many unsung heroes render glorious service behind the scenes, where it matters.

Love and respect to the humanitarians.


About the Author

Hank MoorePower Stars to Light the Business Flame, by Hank Moore, encompasses a full-scope business perspective, invaluable for the corporate and small business markets. It is a compendium book, containing quotes and extrapolations into business culture, arranged in 76 business categories.

Hank’s latest book functions as a ‘PDR of business,’ a view of Big Picture strategies, methodologies and recommendations. This is a creative way of re-treading old knowledge to enable executives to master change rather than feel as they’re victims of it.

Power Stars to Light the Business Flame is now out in all three e-book formats: iTunes, Kindle, and Nook.