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Archive for July 2023
5 Ways to Diversify Your Small Business
Diversifying revenue streams for your small business can be a helpful way to prepare for uncertain times. Rather than putting all your eggs in one basket, a diversified business is more likely to withstand a cash shortage, economic downturn, or a dry spell of client contracts. Here are five ideas to consider when thinking of…
Read MoreWhat are Soft Skills and Why are they Important in the Workplace?
What are soft skills? Soft skills, often called people skills or emotional intelligence, are defined as the ability to interact amicably with others. They are personal attributes that can affect relationships, communication, and interaction with others. Soft skills can be invaluable to business success, but why are they so important? While soft skills can at…
Read MoreHow to Interview for Soft Skills (Guide)
The landscape of work has been in flux for some time as technologies and societal shifts have influenced how companies think of work. Enterprises are reassessing their HR models and many leaders realize that a view of the workforce as a rigid structure of job descriptions and defined career paths is going the way of…
Read MoreHow to Define Your Direct Sourcing Strategy Â
We’ve covered several topics about a direct sourcing program, including building a skills assessment for your program business case, three areas to help improve understanding, the company functions that comprise your direct sourcing dream team, planning the stepping stones of your direct sourcing journey, and keys to program success.  A direct sourcing program does not…
Read More4 Possible Scenarios for The U.S. Economy and the Resultant Macro Labor Force Impacts
As we wrap up celebrating Independence Day, it is a great time to discuss what lies ahead for Americans. Some are saying the U.S. will remain the superpower it currently is, while others think our century may be over and China is positioned to take the title. McKinsey recently published a report on global wealth,…
Read More5 Best Practices from Top Open Innovation Solvers Â
If you have the characteristics of a successful open innovation solver, this world of solution crowdsourcing could be just the ticket. In addition to taking on new and exciting challenges, your participation (and winning solutions) can help you get noticed by potential employers, network with other solvers for business opportunities, and further establish your credentials…
Read MoreHow the Independent Workforce can Protect Enterprises During Uncertain Times
Finding a way to thrive in today’s uncertain economic, political, and social environment is a challenge for modern businesses. In order to remain agile and sustain a resilient workforce, enterprises need to be flexible, leverage the latest digital tools, and reduce barriers to entry. Shifting towards a hybrid workforce model that includes both employees and…
Read MoreCanada’s New Digital Nomad Program: Come For 6 Months, Stay Indefinitely
Forbes features MBO Partners’ Digital Nomads research.
Read More3 Ways Independent Contractors Are Cost-Effective
Engaging an independent contractor to contribute specific skills to a project, help develop a new line of business, or assist in building out a new market is often much more cost-effective than spending the time and resources to recruit a full-time employee for the same need. Cost Differences Between Independent Contractors and Employees There are…
Read MoreSIA: 40 under 40
Staffing Industry Analysts features MBO Partners’ Director of Enterprise Sales, Kristian Rayner, in its 2023 40 under 40 list.
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