Regrouping and Restrategizing in the Post-pandemic Nonprofit Sector
In light of the coronavirus pandemic and the enormous impact it had on the nonprofit sector, now is the time for organizations in this area to reevaluate and reconstruct their strategic visions. They should especially consider how to more thoroughly incorporate the advice and guidance of a CPA into their operations, writes David Rottkamp in …..
If passed, two potential pieces of federal legislation currently working their way through Congress could have big repercussions on the nonprofit sector. Author Mark Hrywna, in a new article published by The NonProfit Times, details how policies included in two infrastructure bills could impact donor support. For details on key policy items, including the Universal …..
You are probably well aware that burnout is a big problem for nonprofits, particularly for leaders. According to Tiloma Jayasinghe, author of an article recently published by Nonprofit Quarterly, both nonprofit boards of directors and philanthropists can play a direct role in protecting the leaders of their organizations from becoming burned out. Click here to …..
Creating Sound Technology Policies for Your Virtual Team
When teams move to a virtual work environment, the technology solutions that they use in order to get their jobs done become more important than ever. As such, it is vital that organizational leaders be very aware and active when it comes to choosing, implementing, and creating policies for the technologies that their team uses. …..
It’s your time to shine Who is your favorite author? What is the best book you’ve read? Greenlights by Matthew Mconaughey What is your favorite movie and/or TV show? *Stepbrothers What did you want to be when you were growing up? A Veterinarian What hobbies do you have? Golfing, boxing, snowmobiling, & coaching field hockey …..
According to a Prudential survey, 87 percent of respondents said they would prefer to work remotely at least one day per week. This is compared to 13 percent of respondents preferring to work at the office all the time. The same survey found that one-third of respondents would not want to work for a business …..
How Will Uncertain Inflation Outlook Impact Stock Market?
The June 16 Federal Open Market Committee (FOMC) meeting Q&A session with Chairman Jay Powell and recent comments from The Fed have signaled two potential inflation rate hikes in 2023. Two days later, James Bullard, president of the Federal Reserve Bank of St. Louis, signaled there could be a rate hike as soon as 2022. …..
According to the Bureau of Economic Analysis, consumer spending has seen some interesting trends over the first half of 2021. May was flat, April was at 0.9 percent, March was 5.0 percent, and February was at 1.0 percent. With varied consumer spending statistics as the nation comes out of the pandemic, businesses need to get …..
According to Fidelity Investments, the average 65-year-old couple retiring today will need about $300,000 for out-of-pocket healthcare expenses during retirement. And that doesn’t even include long-term care. One way to help pay for this enormous cost is to open a health savings account (HSA), which is a savings and investment vehicle designed to help people …..
The coronavirus pandemic made very clear to manufacturers something of which they were probably already aware: it is time to go digital. In a recent article from Industry Today, authors Steve Pillsbury and David Petrucci explain why manufacturers need to embrace new technology in order to meet demand and maximize their profitability. The authors delve …..
As internet-connected technology continues to cement its foothold in the manufacturing sphere, learning how to develop a thorough cybersecurity strategy is more important than ever. In a recent article from Forbes, Chuck Brook proposes three key cybersecurity trends that businesses should focus on in 2021. Click here to learn about how the rapid expansion of …..
For many years, automation has been one of the biggest topics of conversation in the manufacturing sector. However, perhaps it is time to look beyond automation and consider autonomy instead, writes Philip Stoten in a recent article for Entrepreneur. The author recently sat down with two industry experts to discuss how autonomous solutions can be …..
The sale of a manufacturing business is a complex transaction, to say the least. In a recent article for Industry Today, authors Alan Scharfstein and Ari Fuchs detail some helpful advice for business owners looking to tackle the sale of their company. Click here to read about four items to keep in mind as you …..
A recent study has given a dire warning about the current skills gap in the US manufacturing sector and what impact it might have on the future of the industry. For a new article from Industry Week, author Adrienne Selko sat down with Paul Wellener, U.S. Industrial Products and Construction Leader at Deloitte, to discuss …..
The coronavirus pandemic forced construction businesses to streamline their processes and operations. As vaccinations increase and the economy reopens, construction firms should be diligent about maintaining the business practices that helped them survive the crisis, writes Cybele Tamulonis in a new article from Construction Executive. The author offers thorough advice that spans from incorporating automation …..
Technology is Driving Change in the Construction Sector
Digital transformation is happening across all industries, and the construction field is no exception. In a recent article from Construction Executive, author Mike Merrill offers a look at how digital transformation is having a positive impact on the construction sector. He describes how new technologies are optimizing in the areas of employee productivity, long-term costs, …..
Why You Should Consider Adding a Financial Manager to Your Team
Incorporating a strategic financial manager onto your construction business team can have a big positive impact on your operations, writes Steve Coughran in a recent article for Construction Business Owner. He offers six key steps that will free this team member up to transform your organization’s financial functions. To learn more about why you should …..
Developing a bonus compensation system for your construction business is no easy task. In a recent article for Construction Business Owner, author Gregg Schoppman examines two popular methods in detail, describing both their benefits and their drawbacks. He then suggests a third method that seeks to make up for the shortfalls displayed by the first …..
It’s your time to shine Who is your favorite author? What is the best book you’ve read? My favorite books are usually about historical events and one of my favorite authors is Bill O’Reilly who writes the Killing series. What is your favorite movie and/or TV show? My favorite TV show is The Office. I …..
Advance Child Tax Credit Payments May Cause Trouble for Divorced Parents
The American Rescue Plan Act—a large piece of legislation aimed at continuing the battle against the impact of the coronavirus pandemic—included major changes to the child tax credit. One of the changes—a restructuring to include advance payouts of a portion of the credit—may cause major headaches for divorced parents, explains a recent article from CNBC. …..