Personalities in the Workplace

Global Resources is a full-service business development group and general management consulting firm focused on small and medium-size privately-held companies in North America. Ultimately, we help small business owners grow their brand. 

Our experts find that hiring great-fitting employees is a common challenge amongst small business owners. It’s often worth-while to spend time researching the types of employees that you want working for you.  The five factor model, more popularly known as the Big Five, is one of the most researched models of personality. The model provides a great overview of everyday personality and how it relates to the workplace. Compared to other models, the Big Five enjoys a fairly high level of academic consensus as well as empirical support. The theory being that there are five major trait categories that describe our personality. According to the Big Five, we all consistently fall somewhere along each of the following five continuums that I like to remember as OCEAN. 

Openness to Experience- At the open end, individuals are highly interested in experiencing new things and are flexible in their thinking, where at the opposite end, individuals are more closed minded and rigid in how they approach new experiences.

Conscientiousness – Those who are high in conscientiousness tend to be diligent and dutiful in the way the approach work and life. Individuals who are lower on the conscientiousness scale tend to be big picture thinkers and less interested in the details of how things get done.  

Extraversion/Introversion – Probably the most recognizable personality trait is extroversion because it’s easy to see. Extraverts are socially assertive and gain energy from performing for and interacting with others. Introverts draw energy from reflection and tend to prefer working alone or in small groups.  

Agreeableness – This scale looks at the level of friendliness versus hostility that someone tends to display when interacting with others. Those high in agreeableness are more trusting and modest whereas those low in agreeableness are more suspicious and oppositional.  

Neuroticism (Emotional Stability) – Those who are highly neurotic tend to be less stable and frequently demonstrate negative emotions. Those who are more emotionally stable are generally pleasant and tend to be resistant to stress.

 To learn more about us and / or to schedule your complimentary appointment with the business consultants at Global Resources LLC, call us at 855-338-0266.

Tips for Business Professionals Using LinkedIn

Global Resources LLC offers expertise in many areas of the small and medium-size business arena.  We realize that savvy business pros are using the social media site, LinkedIn, for professional growth, making professional connections and even finding new jobs. If you’re on Linked, it’s time to make sure you’re using the website to your full advantage.

Here are general tips to ensure your LinkedIn profile is up to par:

  1. Be Thorough – The more complete your profile, the better the odds people will notice you. It’s also important that after someone finds you, they want to click on your profile. He or she wants to know what your skills are, where you’ve worked and what people think of you. So, fill out every single section of your profile. LinkedIn will actually measure the “completeness” of your profile as you work and offer suggestions on how to make it stronger.
  2. Get a Custom URL – It’s much easier to publicize your profile with a customized URL (ideally linkedin.com/your name) rather than the clunky combination of numbers that LinkedIn automatically assigns when you sign up. How to get one? On the Edit Profile screen, at the bottom of the gray window that shows your basic information, you’ll see a Public Profile URL. Click “Edit” next to the URL, and specify what you’d like your address to be. When you’re finished, click Set Custom URL.
  3. Choose a Great Photo- Choose a clear, friendly and appropriately professional image. A great tip is to take a look around at what the people in your target company, industry sector and / or business level are wearing, and match that.
  4. Write a Captivating Headline- Your headline doesn’t have to be your job title and company—in fact, especially if you’re looking for jobs, it shouldn’t be. Instead, use that space to succinctly showcase your specialty or value proposition. The more specific you can be about what sets you apart from the competition, the better.
  5. Use Your Target Job Descriptions to Your Advantage- Take a look at the job descriptions of the positions you’re after and use them in a word cloud tool, like Wordle.  The words that are standing out are likely what users are searching for when they’re looking for people like you. Make sure those words and phrases are sprinkled throughout your summary and experience.

To learn more about us and / or to schedule your complimentary appointment with the business experts at Global Resources, call us at 855-338-0266.

Tips for Layoff’s Associated with Downsizing

At Global Resources, we help business owners navigate through the challenges of running a business. Many business owners relay that one of the most difficult tasks is laying-off employees due to company downsizing. This is an especially tough situation because these could be loyal and productive employees who have done nothing wrong; there may be no performance or behavior issues – they are being let go to reduce the company’s overall costs.

You might mean well in how you approach a downsizing situation with your employees, but if you don’t think it through and carefully plan out your process, things could go very wrong

  1. Be compassionate. When you must layoff an employee, keep in mind that you will be dramatically changing the person’s life and that the event could be highly emotional. They will have real concerns, such as paying their mortgage, feeding their family and finding a new job. Never lose sight of this and make sure compassion and empathy are at the top of your list of actions.
  2. Treat the employee with respect. Many companies follow one termination process, no matter the reason for the employee’s termination. This often includes collecting all company property from the employee, having him or her gather their personal belongings from their office and then escorting them out the door. While this process may be necessary in certain circumstances, it doesn’t fit all scenarios. Employers should think carefully about how employees are treated during the termination process and how the message is delivered.
  3. Be honest. When speaking with the employee, explain the real reasons for the changes in the organization. Let the person know that the layoff doesn’t reflect your impression of them or their reputation.
  4. Consider the messaging. Don’t become so focused on the termination process and paperwork that you fail to think through the communications you’ll need to make in connection with the termination – to the impacted employee(s), the remaining workforce and even externally.
  5. Discuss their progression. Some employees may feel emotionally paralyzed when given layoff news, wondering how they will ever be able to move forward. If the employer provides access to outplacement or job assistance programs, discuss these with the employee to help them move past this situation. Your help to the employee might also be more informal.

To learn more about us and / or to schedule your complimentary appointment with the business experts at Global Resources LLC, call us at 855-338-0266.

Business Travel Tips

At Global Resources , we utilize our renowned expertise to help small business owners find the best path to success.  From business organization to accounting, to creating new procedures and business development, choosing to partner with us can be one of the best business decisions you will make.

We know that business leaders often travel for work, which can become overwhelming and stressful. If you’re constantly on-the-go with your business, here are a few tips for business travel:

Join Travel Programs – a great way for the frequent traveler to skip the lines or enjoy benefits like priority boarding.

  • Apply for expedited traveler status. You can do so through programs like TSA Pre for U.S. travel or Nexus, Sentri or Global Entry for international travel.
  • Focus on one or two airlines for reward programs. The more you fly with one company, the faster you will receive bigger rewards.
  • Also focus on one or two hotel chains. Make sure you have a frequent guest account number. Business travelers are a major source of revenue for hotels, so pick one that caters to your needs. Many provide discounts on meeting rooms, shuttle services and room rates.
  • Pay attention to the U.S. Department of State travel warnings. Anytime there is a security concern within the international community, a travel alert is issued.

Stay Healthy  –  Being healthy on the road should be one of your top priorities. Your body will thank you if you follow these tips.

  • Wash your hands at every opportunity. This may seem like a no-brainer, but make an extra effort to keep your hands clean on the road. Keep in mind that many of the things you handle during transit may not be cleaned all that often.
  • Bring supplies like Emergen-C, Airborne and Tylenol. Be ready for any emergency! And don’t touch your face, mouth or nose with unwashed hands.
  • Eat your fruits and veggies. If there was ever a time to stick to a diet, do it while on the road. Business travelers are more likely to get sick than the average person.
  • Get exercise by walking or jogging in the places you are visiting. Force yourself to be a tourist every now and then. It will also keep you clued into the local atmosphere and keep your mind sharp.
  • Always stay hydrated. Water keeps your skin looking fresh and your mind alert.

To learn more about us and / or to schedule your complimentary appointment with the business consultants at Global Resources LLC, call us at 855-338-0266.

Simple SEO Tips for Small Business Owners

Global Resources LLC, the leaders in business consulting, are committed to utilizing detailed expertise to help small to medium-size businesses obtain a positive change.

Our experts have recognized SEO, or Search Engine Optimization, as a significant business trend. Although SEO was initially used by large businesses and corporations, it is now being utilized in the small and medium-size business marketplace.

Social SEO, which refers to the idea that social media links and interaction play a considerable part in a website’s search rankings, doesn’t have to be a difficult and expensive process. SEO is all about optimizing content—whether it’s on your website or on a social media platform—in order to appear higher in search rankings.

If you are a business owner looking to begin SEO initiatives, we have listed simple tips that may help you:

  1. Optimize your social media profiles – The key to an SEO friendly social media profile is to be descriptive as possible.  Always fill out the ‘About’ or ‘Information’ sections of any social media platform. Use words or phrases that describe your business and are also terms individuals would use to search for your business.
  2. Optimize your social media content/updates – To optimize your social content, always include some of the relevant search keywords you determined for your business in your Facebook updates, tweets, pin descriptions, etc. It’s important to remember to share content from your website or blog socially to give it an SEO boost too. Sharing new content on Twitter is especially important because it helps Google index it faster (indexing means Google adds this URL to their database).
  3. Build links by making your content shareable – A key factor in SEO is link building. Simply put, this means having good website to website relationships through links. When you have more quality sites linking to your website (inbound) and you are linking to other quality websites (outbound) the more authoritative Google determines your website to be. More authority equals a higher SERP rank.

To learn more about us and / or to schedule your complimentary appointment with the business experts at Global Resources, call us at 855-338-0266.

Why Business Owners Are Using Accounting Systems

Global Resources utilizes knowledge, experience and expertise to help the owners of small and medium – size businesses solve challenges that are prohibiting them from expansion. Many times, implementing a new, efficient system makes a world of difference to a small business owner.

The business consultants at Global Resources LLC often help businesses implement new accounting systems. If you’re wondering why you might need to start using an new more effective accounting system, we have listed some reasons below:

  1. It’s the law – The IRS requires that businesses prepare and retain a set of records and documents that can be audited. Internal Revenue Code requires that business have the ability to compute taxable income by using some sort of common-sense accounting system that clearly reflects income. In addition, the federal legislation requires public companies to have detailed and accurate books, records and accounts of transactions and dispositions of the assets.
  2. Assists in smart decision making – A business that fails to keep an accurate record of its business transactions may lose revenue and is more likely to operate inefficiently.  An effective accounting system ultimately gives you a true picture of your business performance.
  3. Easier to navigate finances – Success requires the ability to perform financial analysis, which is to accurately measure business growth, profitability and cash flow, as well as to reasonably estimate your financial condition. By having an up-to-date accounting system, your finances will be much easier to navigate. A good accounting information system also helps management answer financial questions, including: What assets do we have? How much and what kind of debt is outstanding? Were the sales higher this period than last? Did we make a profit last period? Are any of product lines or divisions operating at a loss? Is the rate of return on net assets increasing? What were cash inflows and outflows? Is the cash flow enough to pay back debt? Can we safely increase our dividends to stockholders?
  4. The professionals at Global Resources create “managerial” accounting systems that do more than simply keep track of the finances of the business, but also incorporates such sophisticated tools as a cash management spread sheet which allows the business owner to predict the cash needs of the company months in advance.  CPA’s focus on accounting systems that are historical which tell you what happened in the past.  We believe in a managerial based accounting system that can help you determine where you are going and how to get there!

To learn more about us and / or to schedule your complimentary appointment with the business consultants at Global Resources LLC, call us at 855-338-0266.

Staffing Tips for Small Businesses

The business consultants at Global Resources have many areas of expertise to offer small to medium- size businesses, including assisting in creating and implementing staffing procedures.

In the job market today, business owners must do things differently in order to avoid sifting through a huge stack of poor-fit resumes in hopes of finding ideal candidates. To help combat these challenges, many companies are embracing creative recruiting. From adding interactive group interviews to the recruiting process to actively looking for talent in unusual places, here are different ways companies are reinventing the hiring process.

  • Adding a new step to the interview process – To help determine the serious candidates, try adding a new layer between resume-submission and the one-on-one interview. One option is inviting all eligible applicants to an open group event, such as an Open House. The Open House strategy also enables you to see how people interact in groups.
  • Arrange for group interaction – Interacting with potential candidates in a group setting is an excellent way to see their character, level of interest, working knowledge and communication skills. It also lets you see if they’re a good fit with your corporate culture–another reason why an Open House may be beneficial!
  • Show your interest to dream candidates – Passive candidates (those who are already employed and not actively job hunting) are most likely to be your dream hires, but you’ll never attract them without letting them know how much you want them. Reaching out in a really personal manner demonstrates that you’re willing to go out of your way to get their attention.
  • Be creative in the events you attend – Job fairs may not be the most desirable approach in today’s modern social media environment, since the best candidates probably already have a job. So you should try looking for great talent at other events that aren’t traditionally recruiting-related. Search forums such as Meetup for group events that are likely to be attended by people qualified for your open position.

To learn more about us and / or to schedule your complimentary appointment with the business experts at Global Resources LLC, call us at 855-338-0266.

Tips to Help Prevent Small Business Cyber Attacks

The business professionals at Global Resources are committed to utilizing our knowledge and experience to help bring about positive change for the owners of small to medium-size businesses. 

We realize that the small business arena can be affected by a variety of circumstances, some that have already affected big business and consumer affairs. Specifically, we have noted the potential danger in cyber criminals targeting small to medium – size businesses.

Consumers use passwords to prevent others from gaining access to personal accounts and gadgets. However, with ever-growing numbers of hackers determined to grab data, small business owners need to be extra vigilant. Cyber criminals are using sophisticated technology to steal information whenever there is a slight hint of opportunity, so use these tips to stay safer online:

  1. Observe proper web security – Passwords should have at least eight characters. It is highly recommended that you use a combination of uppercase, lowercase and special characters. “P@s$w0Rd45%” is a thousand times better than “Password1”. Veer away from using passwords that are found in dictionaries. Furthermore, avoid using your name, a family member’s name, phone number, birth date, social security number or any public information. Hackers have found a way to crack passwords with the aid of the many databases out there.
  2. Keep malware off your system- Malware are malicious programs that have been crafted in such a way that they appear authentic and trustworthy. Be careful not to click on pop-ups and links that will redirect you to that place where your security walls are torn down. And do not open email attachments from anonymous users. Mechanisms are often embedded in these programs to gain control of your system.
  3. Keep your passwords private – Surprisingly, a lot of people still tend to share their passwords with their office mates or friends. If you’re one of them, then it’s high time that you change your habits and your password again.  In the event that you need to give your password to a co-worker to get an important document or presentation, make sure that you change them as soon as possible. Never use the same combination again.
  4. Change password regularly- It also helps if you schedule a regular password change. Within a period of 30 to 60 days, you should update passwords across multiple sites. Moreover, never use the same passwords for different websites.

To learn more about us and / or to schedule your complimentary appointment with the business experts at Global Resources LLC, call us at 855-338-0266.

Growing Industries in 2016

The team at Global Resources LLC offers individual solutions, developed on site, for small to medium-size businesses.  As your trusted business partner, we utilize our experience to help you outline a path to success.

Our experts work diligently to know what’s happening in the world of industry, so we can help clients make informed business decisions.  We’ve recently looked at the research to determine some of the fastest-growing industries of 2016. The industries listed below are noted to have great potential for success this year and in the near future.

  • Wind Power – Vast advances have been made over the past 20 years to harvest wind’s power. The progress is bred from necessity, as growing global concerns about global warming and ecological damage caused by pollution call for cleaner, sustainable energy. Wind power is as clean as it gets, and production is cheap, too. Between 2014 and 2015, wind power saw approximately 22% annual market growth, and projections this year are even brighter.
  • 3D Printing – We have seen some amazing technology and 3D printing has the potential to impact the entire world. If you’re not familiar with the concept, 3D printers are loaded with additives which can be used like ink to create 3-dimensional objects. In the future, medical science is expected to benefit greatly from 3D printing, and experimentation with printing live tissue has already begun.
  • Legal Marijuana – Legal marijuana sales have grown incredibly since 2012, when Colorado legalized the drug and created the world’s first fully regulated market for recreational marijuana use. In addition to selling the raw plant, it is also being sold as concentrates, edibles, and even beauty products in order to expand the market. Marijuana sales are expected to surpass $20 billion between now and 2020, and that’s if the market stays its course. If other states legalize recreational marijuana use in that time, the industry could experience even greater success.
  • Video Games – Developers of video games have been expanding their appeal to reach new markets, including adults and females. Their efforts have been successful, as the video game industry commands healthy growth year after year. Consumer confidence continues to improve, and there is speculative excitement regarding new virtual reality technology.
  • Sustainable Construction Materials – Many countries, including the United States, are creating an initiative to boost construction jobs. There are plenty of post-industrial sites around the developed world which need to be rebuilt, and much like the call for sustainable energy sources, governments and consumers alike are calling for greener building materials. Green construction is currently a $36-billion industry, and it is expected to grow an additional 10% by 2020.

To learn more about us and / or to schedule your complimentary appointment with the business pros at Global Resources LLC, call us at 855-338-0266.

 

Evolve into something better.

Why Partner with Global Resources

Global Resources is a full-service business development group and general management consulting firm focused on small and medium-sized privately-held companies in North America. Our deliverables are based on the professional goals and expectations of your organization.  We will solve the intricate and unique challenges you are experiencing in the evolving marketplace.  While there are best practices that are applicable to all businesses, we understand that no two businesses are identical.

Many small business owners trust us to assist in business expansion.  If you’re considering a business partnership, here are reasons why others are turning to the pros at Global Recourses LLC:

  1. You Require Specialized Information – Our consultants have specialties, and they apply them at a variety of different companies. If you’re looking for specialized knowledge, it may be a temporary need. The consultant can advise you on how to proceed, or train your staff so that they ramp up quickly on the information needed to operate more efficiently.
  2. You Want to Know How to Improve- Some business owners think that the only time you need help from a management consulting company is when things are going badly. However, proactive companies often hire business consultants when things are running smoothly, just to provide some insight into how the company is doing with regards to operations, management and products. A consultant can review these areas and make suggestions for improvement even when things are going well. There are always ways to improve a business, even if those strategies are looking beyond the immediate issues to years down the road.  Planning for the future is a critical component for long-term success.
  3. You Need FurtherTraining – Working with a business consultant can provide a cost-effective injection of knowledge and experience when you need it most. Whether it’s management, marketing, training or technology, a skilled business consultant can provide a knowledge transfer that helps your company become more efficient and successful.
  4. You’re Encountering a Specific Issue – Whatever the issue, a business consultant can help you determine the best path to take to remedy the problem.

To learn more and / or to schedule your complimentary appointment with the business experts at Global Resources LLC, call us at 855-338-0266.