As a small-business owner or manager, you may think your company is too small to be concerned about data breaches and data risk management. If so, you aren’t alone. Sixty-eight percent of business owners surveyed in 2017 by the HR firm Paychex reported that they are not concerned about cyber threats. And to the extent they are concerned, they assume others will feel the pain.
There is no doubt that business executives dealing with Information Technology have more than a few frustrations. That’s why we’ve identified five of the more frustrating aspects of Technology Management along with some suggestions for dealing with them.
Successful use of technology will generate great benefits for a business.
In leadership, unexpected curveballs can strike out of the blue at any time. So what do you do when bad things happen? Neuroscience has some remarkably useful tips. This is the sister blog to the very popular ‘Leaders, use your brain for a change.’
A few years ago I was asked to give a presentation to the local chapter of the Society of Human Resources Management. They were interested in learning about finance and how to apply it to human resources. Initially I gave them a primer on accounting/finance 101, linking it to personnel management. As the discussion moved on, a number of participants lamented about their Human Resources department having a difficult time expressing the financial value they add to their company.
The wealth of 70% of small business owners is tied up in their businesses, making their companies their primary retirement savings vehicles. But without knowing the value of the business, how can they know when they can stop working, or what kind of lifestyle to expect in retirement?
