BUSINESS INSIDER – Lexis Czumak-Abreu, once aspiring to be a surgeon, found fulfillment in becoming a full-time electrician. With a family background in electrical work, she embraced the challenges and rewards of the trade, appreciating the tangible outcomes and variety of daily tasks. Lexis also faced and overcame the physical demands and occasional workplace biases of the industry, ultimately finding satisfaction in her chosen career path.
By Ella Hopkins
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1. Foster Employee Well-being: Treat employees as valuable assets, not just numbers. For example, show empathy and care for their well-being to reduce stress and burnout, which can result in higher retention and productivity.
2. Embrace Innovation and Learning: Encourage new ideas and continuous learning. For instance, support creative problem-solving and stay open to feedback, which can help the company adapt to changes and stay competitive.
By MARCEL SCHWANTES | JUL 18, 2024
Read the original article at Inc.
During the Covid-19 pandemic, ButterflyMX transitioned to a fully remote workforce. Initially, it seemed difficult, but they soon realized it opened doors to a broader talent pool, improved flexibility, and reduced overhead costs. This unconventional shift helped them thrive while staying agile in a challenging business environment.
When government sanctions disrupted their supply chain, ButterflyMX viewed it as an opportunity to find new partners. This led to superior products and enhanced offerings. By embracing agility, the company turned challenges into innovation, delivering more value to customers amidst a global crisis.
By Cyrus Claffey | SEP 19, 2024
Read the original article at ENTREPRENEUR
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1. Break Patterns to Create Unique Choices Instead of competing directly, successful companies redefine the market. For example, Airbnb turned the predictable hotel experience into a unique, local stay. This forces consumers to choose instead of compare, creating a new market segment.
2. Build a Movement Beyond Business: Successful startups often resemble social movements, appealing to a minority passionate about change. For instance, Airbnb’s vision went beyond accommodations, aiming to transform how people experience travel, thereby creating a dedicated user base.
By SHERIN SHIBU | JUL 19, 2024
Read the original article at ENTREPRENEUR
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