History witnessed many great leaders and they left us with their experience stories so that we could learn from them and apply in our lives and businesses. Stories are available from both sides of the coin, i.e., good leaders and bad leaders. Both cases are good for implementation in our life. The only important aspect which determined their success or failure was their ability to make decisions and thereby accomplishing the set goals. This quality or skill also helps in getting your team’s attention and respect. This is also the thing which you can’t just learn by reading books and stories. It is a personality trait that comes by practice and real-life experiences. A good leader will keep the team motivated and cheerful and getting most of the productivity done by just his/her mere presence. Some people are just born leaders and leadership comes to them naturally, that they so easily work with the team that some of us couldn’t even think of. A leader like Charles Field Marsham and others takes care of his/her team, pays attention to the individual member, cares about their health, know their needs, etc. Charles Field Marsham is a Canadian entrepreneur with more than 20 years of experience in building businesses.
Five much essential qualities that tell you a lot about how leadership works are listed below:
1. Vision:
A great leader carries this awesome skill that comes with experience. They can look into the future of the business and plan and implement policies accordingly. They have a very clear idea of what this company is going to be in the next 10 years under their leadership. Some people also think of a leader as a manager, but it’s totally wrong. A manager couldn’t get that bonding with employees which a great leader easily can.
2. Courageous:
Courage is an important factor in every step of life. If you are not willing to be courageous, you will never succeed, let alone be a leader. Courage always doesn’t mean adopting out of the box methods and implementing them in your business but is actually means that you are up for availing the risks that come with the process of achieving your goal without any assurance of success.
3. Integrity:
The integral part of any business is to stay truthful and loyal to your business. If you are not truthful to your people and your organization, the respect and reputation of your business in the market will go down immediately. Being transparent to your employees and make them feel that they are an integral part of the system actually helps in increasing productivity.
4. Planning Strategically:
It is the most important strength of a good leader. This skill helps them plan with very much accuracy and can easily see where the trends are going. This data helps in getting the company right on track and if implemented greatly can even take you ahead of your competitors.
5. Cooperation:
If you are not willing to cooperate with your team, then there isn’t going to be any work done. Your team relies on you and follows your path on how and what task should be done in a certain way. When you will actively cooperate with them, they will also cooperate among themselves and it will dramatically increase your productivity.
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The East Coast of the United States is a diverse region widely known for its economic competence and capitalist spirit. From the metropolises of New York to the charming coastal towns of Florida, this part of the country boasts a wide assortment of businesses that contribute significantly to its economic variety.
Thus, in this post, we are going to tell you about the most popular types of businesses that are popular in this region.
What Are The Prerequisites To A Favorable Business Destination?
There is a huge difference between a business destination and a general destination. Many elements combine together to make thriving investment destinations. Therefore these points attract large-scale investments. There are reasons why the East Coast stats has been one of the greatest investment destinations. So, let us start with the destination to understand the topic better.
Business Friendly Policies
Among the many points that help make a destination rich from the investment perspective, business-friendly policies are one of them. Moreover, the government in such a place ensures they have zero tolerance towards lethargy. They remain busy sharpening their policies to make the ecosystem suitable from the point of view of the business. They use their officials to take note of the situation or scenario from ground reality. This helps chalk out the best of policies.
Safety Offered By The Establishments
Investors of different scales look for a safety guarantee because they invest their hard-earned money. Alongside it, they take every measure to ensure they provide every element to ensure that the investor's money is safe. The first thing they do is stiffen the law and order situation. They also tighten the police system of the area so that the investors find themselves and their investments safe and secure. It can help them stay ahead in their business activities.
Ambiance For Innovation And Learning
Busiensses want to invest in a place where they get the best resources. It is indeed one of the core requirements of developing a business. Therefore, successful business-related states (that of the East Coast) make sure they open centers that promote education and technical expertise to the students. Moreover, these institutions create an environment for continuous research and development. In such places, the investors can easily get the desired quality human resources.
Access To Market
Business organizations usually want to invest in such a place where they get the desired market for their product. When the manufacturing place gets a strong and healthy market in the vicinity, they can easily meet their requirements. This is why manufacturing plants like to invest in such a place where they get a good investment ecosystem.
The East Coast states have a combination of the best manufacturing facilities coupled with bustling and growing cities. This combination becomes a successful business destination.
Furthermore, the government of these business-friendly states ensures they establish a healthy business relationship with their investors.
Top businesses in the East Coast states
Plenty of all sorts of businesses have been successfully developing in the East Coast states. It fully reflects the region's economic strength and innovation. Let us see the examples of the top businesses in these states.
Technology and Startups
State: Massachusetts.
Prominent companies: Boston Dynamics, Akamai Technologies, HubSpot, Wayfair, etc.
Massachusetts, particularly the Boston area, is a technology and innovation hub, with well-known universities and prosperous startups. Many small businesses, which later turned into big corporations, started by taking small credits such as Payday Depot.
Healthcare and Biotechnology
State: New Jersey.
Prominent companies: Johnson & Johnson, Bristol-Myers Squibb, Roche, Merck & Co, etc.
New Jersey is a key player in the pharmaceutical and biotechnology industries of the United States. The state is home to major corporations and research facilities.
Hospitality and Tourism
State: Florida.
Prominent companies: Walt Disney World Resort, Planet Hollywood International, Marriott International, Carnival Cruise Line, Hilton Grand Vacations, etc.
Florida`s sunny climate and world-class attractions make it a breeding ground for tourism. Plenty of trusted hospitality and entertainment companies provide first-class services for their clients in this state all year round.
Media and Entertainment
State: California (East Coast presence).
Prominent companies: Paramount Global, the Walt Disney Company, NBCUniversal Media (part of Comcast), etc.
While primarily related to the West Coast, major entertainment conglomerates have a significant presence on the East Coast, mainly in the state of New York.
Construction and Real Estate
State: Virginia.
Prominent companies: S. L. Nusbaum Realty Co., Boyer Landscaping, Inc., Clark Construction Group, Branch Builds, Inc., JBG Smith, etc.
Virginia`s closeness to Washington, D.C., has already driven a prosperous real estate and construction industry. As of 2023, it mainly focuses on government and commercial projects.
Related: 6 Top CRM for Small Businesses in 2019
Retail and E-Commerce
State: Pennsylvania.
Prominent companies: The Hershey Company, QVC, Dick's Sporting Goods, etc.
Pennsylvania has long become home to a variety of retail giants and e-commerce companies, which greatly contribute to the state's economic strength.
Education and EdTech
State: Maryland.
Prominent companies: Johns Hopkins University, Laureate Education, 2U, StraighterLine, Ethink Education, etc.
Maryland's proximity to the nation's capital has led to a significant concentration of various sorts of educational institutions and prominent EdTech vendors.
Logistics and Transportation
State: Georgia.
Prominent companies: Delta Air Lines, Norfolk Southern Corporation, United Parcel Service, etc.
With its major international airport in Atlanta, Georgia plays an essential role in transportation and logistics across the United States.
Food and Beverage
State: New Hampshire.
Prominent companies: Timberland Brewing Company, Stonyfield Organic, Lindt & Sprüngli, etc.
New Hampshire's food and beverage industry is perfectly known for its high-quality products. It includes various specialty food producers and breweries.
Final words
Summing up all the mentioned above, the East Coast states are true evidence of the economic variety that perfectly characterizes this region. Here, everyone can enjoy a wide range of real business opportunities. Therefore, the East Coast's most popular businesses cover various sectors, which reflects the flexibility of entrepreneurs who are happy to call this region home. And now, this region of the United States continues to be a productive ground for plenty of successful businesses.
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For many young people joining the corporate world, it is a daunting place to be. Growing up you were probably a big fish in a small pond, and in many ways, it was a pond that saw you rise to the top based on age more than anything else. A senior at high school or a post-grad at university are the top of the food chain, but when you enter the real world of corporates and career ladders, advancement is suddenly dependent on a whole lot more factors. And if you are coming in at the bottom of the pyramid do you really have the fight for the mail room to board room type rags-to-riches story. If you do, here are some tips to help you make the upwards move.
How to Work your way from the Bottom to the top of the Corporate Hierarchy:
Keep learning:
Don’t think for a minute that you can leave school or university and stop learning. If that is your attitude, then you will never go anywhere. Whatever qualifications you have, you can always get more. If, for example, you have a basic engineering qualification then build on it. Enroll part-time to do your certificate 4 in engineering or look to complete a diploma that plays to your strength or fill a place where you have a knowledge gap. And when it comes to learning don’t think narrowly, think broadly. You might be an engineer but that doesn’t mean you cannot do a course or degree in law or finance or flower arranging for that matter.
Work hard:
Always aim to get to work before your boss and, wherever possible, try to leave once he or she has gone. And don’t just fill time at the office doing nothing, always be productive. Look for work. If all your assigned tasks are done find something else to do. Ask colleagues if you can help. Tidy your work space. Hustle for sales leads. Whatever it is, be productive and work hard. It will get noticed.
Be patient:
It is great to be driven by ambition and the desire to make it to the top but recognizes that it is a marathon and not a sprint. If you tackle it like a sprint you will cut corners and do things that you regret in later years. You want to make it to the top by being honorable and doing it the right way. With the marathon perspective, it is easier to adopt the hungry but steady philosophy. People will respect that.
Get involved:
Nobody likes a loner so work hard to be a team player and to get involved in all areas of the company. Be part of the pub quiz team, play on the netball team, attend events, participate in group discussions. If you are interested and engaged, you will be noticed and appreciated. It is a far cry from sucking up to management, you don’t need to do that, it is simply an opportunity to build relationships at all levels and to showcase your skills, talents, and personality.
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Whatever stage your business is at, employee engagement and general satisfaction should always be at the forefront of your mind. No business can run without its employees and at the heart of good business, the operation is making sure that your labor force is produced. There have been countless studies into the effects of high employee satisfaction on company-wide efficiency, all of which indicate that happy employees are productive ones.
Employee engagement is an extension of this satisfaction. Happy employees are more likely to care about the company’s mission and goals, aligning their own success with the businesses. This is the core concept of employee engagement; staff who innovate and work hard because they care about what they do and see the value in the organization that they work for.
Boosting employee engagement promotes business growth and employee retention. the question is how can you, as an employer, improve engagement levels? Here are three ideas that we have put together with that question in mind.
Team Building Events:
Whilst team building is often viewed with skepticism, the truth is that it can have a drastic impact on how productive your employees are. Team building offers multiple benefits from an employee engagement perspective, here are some examples:
The most obvious benefit is that a good team building activity is fun. Enjoyable events breaking up working life are always appreciated by staff and as we have discussed, happy employees are engaged ones. This morale boost from enjoying something fun has a ripple effect around your organization, with this positive mindset remaining effective for a very long time.
Another benefit, which is much more underestimated, is the learning opportunities available. Team building activities aren’t designed to solely be fun, they are meant to have a learning outcome. Team building is almost a fun form of training, where staff practice skills that will benefit them at work and in turn, benefit your business.
These are just two examples of the benefits. With a little research, you will be able to discover what a well-placed team building event can really do.
Rewards and Recognition:
Implementing an effective rewards system is another great way of improving employee engagement. Positive reinforcement is an incredibly strong force, which is why publicly rewarding your best employees is so powerful. Not only does this encourage your hardest workers to continue putting the effort in, but it also pushes the rest of the staff to match their level and try to achieve the same recognition.
There are countless ways to reward employees, ranging from simple thank you to fully paid lunches. The key to successfully rewarding employees in a constructive manner is to make rewards both attainable and equal in value to the achievement they are associated with. Don’t give a salesman a box of chocolates for making the company millions, that will seem a little lackluster for what they have done.
Information Availability:
As a final, less concrete point, ensuring that your employees know the businesses goals and moral ethics is extremely important. To encourage your employees to align themselves with your business you require multiple ingredients. Firstly, they need to be happy. Secondly, they need to enjoy working for you and care about the company’s success. Finally, they need to be aware of the company’s goals and mission.
Many organizations struggle with this third and final point. These companies have incredible cultures where everyone loves coming to work but nobody is aware of where the company wants to be and what their vision is for the future. Without this information, employees can never reach total engagement because they don’t know what they should be targeting.
Making your organization’s vision and mission statements visible is absolutely essential towards improving employee engagement. These goals should be at the core of everything that the company does, embedding them into the workforce and uniting every employee in targeting the same goals. This is how true engagement is achieved.
There is much more to employee engagement than just these three points. People are extremely complicated, and every organization is unique, which is why you have to tailor your approach to your specific business. Try different techniques and see what works, just keep in mind that happy, staff are engaged and engaged staff are productive, which is exactly what you need to grow your business.
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