вторник, 18 июня 2019 г.

Your First 100 Days of CEO

The first 3 months in a new job position are the most crucial as they define your ability to adapt well. To start your job on the right track, you need to be well aware of the various things you should focus on in the first 100 days. Therefore, planning yourself well beforehand ensures that you hit the ground running while boosting your productivity as a CEO. Here are some tips on how to get prepared for your first 100 days as a CEO.
Focusing on the Introductions
As you walk into the top-most job in the organization, your first assignment is to get yourself settled well. Founding interpersonal relationships with the existing workers is the most important thing that you should start with. Getting to know every member of the organization who is working under you ensures that you have an easy time from a social and productive standpoint. To be effective on this, you may opt to organize an internal social event such as team building.
Understand the Business’s Drivers
The second thing to do is to focus on the nitty-gritty of the business in terms of how the business functions and what or who the key drivers in the business are. You should, therefore, focus on knowing the key elements that affect a business’s performance from a technical and human point of view. It is highly recommended that you take a few weeks of your time to observe how the business operates on a day-to-day basis. This thorough understanding ensures that you know the particular strengths and weaknesses experienced in the business.
Rebuild and Reorganize where Necessary
After the first 60 days of operation, you will get to know and understand some areas that the business is not doing well in. These should be the first areas where you should focus on making an impact on. When it comes to reorganizing the business, you should go as deep as you need to get things on track. This may need you to reorganize the top management team or even set a new bunch of rules that will help boost your productivity. You may also find it suitable to create a new organizational strategy that will be keen on fulfilling the business’s goals while also meeting its market expectations.

понедельник, 17 июня 2019 г.

Investing For New College Graduates

Recent college grads are known for the massive amounts of debt they’ve taken on. They go to school for four or more years, and they hopefully have a degree to go with their nice monthly bill. Investing is usually one of the last things on the minds of recent college grads. Yet, because of the ability of money to grow into massive amounts the longer it’s invested, immediately after college is the best time to start investing. Here are a couple of great ways new college graduates can get started investing.


It may seem like a smartphone app would be a strange place to start investing, but nothing could be further from the truth. Recent apps like Stash and Acorns allow investors to automatically save small amounts of money without much in the way of forethought. Stash allows for regular or periodic investments taken from a bank account. Both Stash and Acorns allow would-be investors to round up purchases and save the spare change in an investment account. Stash has a broader array of investments available while Acorns focuses on just a few funds that are intended to meet certain goals based upon a new grad’s risk profile.


Another great option that is open to many new grads who have jobs is a workplace retirement plan. These are great options because they offer tax-deferred savings. This means that new grads will pay less in taxes, which also means they will keep more of their money to pay off student loan debt while saving. Another great benefit of saving in a work-based retirement plan like a 401(k) is the matching funds that employers will frequently offer. Through workplace 401(k) matching funds, it’s possible to supercharge returns with no additional effort. Many employers will offer a dollar-for-dollar match up to a certain percentage of an employee’s pay. A common percentage is 6 percent. With a dollar-for-dollar match, an employee would effectively be savings 12 percent of his or her salary each year while only cutting their pay by 6 percent.
Even with student loan debt, it is not impossible to save for retirement. Through apps like Stash or Acorns and workplace retirement plans that allow for automatic savings, new grads can begin building their nest eggs. The perfect time to get started is the present.