BizBites by Ethique Advisory

Employee Training and development programs are critical for enhancing employee job performance. A survey conducted by the International Journal of Business and Management Confirmed this, with 90% of those employees surveyed indicating that the impact of training and development programs instituted by the company can significantly improve employee job performance. This is especially true amongst millennials and Gen-Z customers, where 87% of participants believed that learning and development opportunities were crucial when deciding to apply for a specific position. Globally, companies spend over $358 billion on training and development activities, stating the importance of a more competitive workforce, increased employee engagement, and redemption. Despite this, critics often point to a painful lack of results from these eye-watering investments. So how can startups train their employees without breaking the bank? Let’s take a look. By carefully designing a program with customized conte...

Do you have a growth Business Mindset? Are you bullish about your growth? Are you innovating, taking calculated risks to scale? Is your business agile to pivot to manage change? If the answer to any or all of the above is 'no' or a 'maybe', it's a wake-up call.    A growth business mindset is essential in today's competitive market to stay relevant and increase market share. This mindset keeps the focus on growth and increases customer value. It also attracts investors and talent. It's a mindset that pushes entrepreneurs to continuously challenge themselves and scout for opportunities, resulting in increased profitability and success.   Challenged with finding your chi, engage a Business coach, your best worst friend who will help you develop a growth business mindset and make you accountable.   Do not be the person to hold back your growth. Take action. Connect with the team Ethique Advisory, and we would be happy to work with you towa...

Do you often find yourself tired? Is your productivity decreasing? Do you feel the world is plotting against you? Is the new you an irritable, short-tempered version of you? Are you devoid of enthusiasm? If any or all of the above is a yes, you are letting the stress get the better of you and heading for burnout. Time to take stock and bail out!! Bailing out of the situation requires an objective review, discipline, and deploying the right tools to avert stress. Let's look at 5 steps you could consider:   Set realistic goals and priorities. Practice self-care - both mental and physical Delegate and ask for help: Automate- employ technology. Seek support - get a Business Coach/ Mentor. Simply put, it's about creating order out of Chaos. It is your business; no one knows it better than you, but who says you need to do it alone? Getting an expert Business coach to help you create the order speeds up the process and gives you access t...

In the modern workplace, with hybrid teams, remote teamwork and collaboration have become important. Many executives and leaders fail to recognize it, resulting in communication breakdowns, distrust, and poor productivity. Hiring an executive coach   is a good option. It can help leaders align themselves and develop the skills necessary to lead and manage a team. This will ensure that the team works towards the same corporate goals. Does the leader’s success at leading a team define their success? Yes, because effective teamwork is crucial for the success of any organization. A leader with strong team-building skills is invaluable. They can use the unique skills and talents of each team member to reach shared goals. This will increase productivity and foster innovation. Team building promotes a positive work culture. It makes employees feel valued and supported, which motivates them to work together towards a shared purpose. A leader can help foster a positive working environment. ...

Many organizations fail to successfully implement their strategies, despite investing billions. Why? The answer is simple: lack of successful implementation. Despite being a top priority for executives, surveys report that fewer than 15% of organizations worldwide have successfully implemented their strategic initiatives. This huge gap between expectations and outcomes highlights the importance of creating a strategic business roadmap. So, what exactly is a strategic roadmap, why does your organization need it, and how can you create one? Read on to find out. Why Does a Company Require a Strategic Business Roadmap? When leaders, employees, and stakeholders aren't on the same page about the organization's future, it can lead to disarray. The State of Leadership Development 2020 surveyed 21,008 employees and found that only 29% believed their leaders' vision for the future aligned with the organization's. Leaders also make on-the-fly decisions that may not optimize long-t...

Organizations and employees often prioritize degree or skill-based hiring, but research has shown that success is driven more by EQ than IQ, with 80% attributed to EQ. Industry leaders suggest hiring for attitude over skills. An all-star team isn't enough without support and collaboration. While senior management is responsible for building a thriving workplace, it can be challenging. An executive coach can provide a solution by helping senior executives acquire coaching and management skills while enhancing personal development. With an unbiased and skilled perspective, executive coaches bring fresh insights and make coaching more acceptable to employees. According to a recent International Coaching survey, people who participated in coaching saw a median Return on Investment of 3.4 times their initial investment, with one in five reporting a staggering 50 times Return on Investment. In addition, the same survey revealed that 95% of individuals who worked with a coach gave them a ...