Here are this week’s links to a few good stories that we found and selected because we feel they might add valuable insights and perspectives for small to medium size businesses.

  • Growth of your small business is always a good thing if it is planned.  Rapid growth can strain your infrastructure and tepid growth has other consequences.  Glen Stanberry, co-founder of Gentlemint has some good advice posted on Setting Goals That Can Help Your Business Grow on the American Express website.  His bullet points hit the mark and include the following:
    • Differentiate between short-term goals (“milestones”) and long term goals (“vision”)
    • Being specific and setting achievable goals
    • Creating momentum within your organization
    • Achieving consensus
  • March Madness is a wonderful time.  It is a great sporting event that has earned the “madness” moniker and when it ends, could Spring be far behind?  Many places of work organize office pools to make it interesting, even if it is only for bragging rights. In what is seemingly a humorous article –  March Madness? The Other Crazy Things Employees Are Betting On posted on TLNT, Eric Mayer speaks of unusual pools that bet on a colleague’s personal relationship status, who might quit next and “who might hook up with who” at the company holiday party. I would submit that if any of these sound familiar, a long and serious look at your company’s culture may well be in order.
  • If you plan to start a business and think bringing on a partner is a good idea, you may want to think twice. Several times for that matter. Partners can and (more often than not) do clash over many things that include ethics, leadership style and goals.  If you’re thinking about what life might be with a partner, read How to Start a Business with a Partner which appears on the Wall Street Journal website. If you can address all the concerns they raise (and there are many) then you may be ready to move forward.  If you are, think it over again – one more time.

If you have questions or would like to learn more, please reach out to Genesis HR Solutions at AskUs@genesishrsolutions.com or 800-367-8367.

Genesis HR Solutions is the premier PEO provider for Massachusetts based businesses.