Come To The World Of Business

All you get here is about Business and it’s Business.

5 Major Benefits of Blockchain

1. Greater transparency

Transaction histories are becoming more transparent through the use of blockchain technology. Because blockchain is a type of distributed ledger, all network participants share the same documentation as opposed to individual copies.

2. Trust

Blockchain creates trust between different entities where trust is either nonexistent or unproven. As a result, these entities are willing to engage in business dealings that involve transactions or data sharing that they may not have otherwise done or would have required an intermediary to do so. 

3. Enhanced Security

Blockchain technology utilizes advanced security compared to other platforms or record-keeping systems. Any transactions that are ever recorded needs to be agreed upon according to the consensus method. 

4. Reduced transaction costs

As noted, blockchain allows peer-to-peer and business-to-business transactions to be completed without the need for a third party, which is often a bank. 

5. Improved data security

Information like invoices and contract details that are exchanged in any supply chain process is highly confidential. Communicating this information using traditional methods can be quite risky, as they can leak easily in a number of ways.

Top 10 Leadership and Business Management Courses

1. Hunger to learn

Avoid making the mistake of more experienced managers who are set in their rigid ways of (my way is the only way). You must be willing to adapt to changes and new technological advances.

Open your mind to learning and growing as a manager.

2. Compassion first

A high performer, who typically delivers excellent work, misses a deadline. It’s completely out of character for them. As a leader, use your compassion and empathy to help you understand what went wrong. 

3. Set Clear Expectations. 

One of the key management tips is painting a clear and compelling picture for your people of where you want them to go, and what you want them to do.

4. Do One Thing Every Day to Build Trust-Based Relationships

Your ability to lead and not just manage a team starts with good, quality, professional relationships built on the bond of mutual trust. George Macdonald famously said, “To be trusted is a greater compliment than being loved.

5. Surround yourself with the right people. 

Hire for fit, train for skill, and if the opportunity presents itself, hire people who are better than you. Be prepared for the arrival of new hires so they immediately feel connected to the organization.

6. Lead by example.

Leaders need to show, not just tell. If you want your employees to be punctual, make sure you’re there on time — or even early. If professionalism is a priority, make sure you’re dressed for success, and treat everyone you interact with (both in-person and online) with courtesy. Set the tone and your employees will follow it.

7. Recognition builds team confidence

By publicly recognising the efforts and achievements of your team, you not only build up their confidence, but also encourage future contributions and effort.

Praise does not always have to be formal – praising employees can be part of your day-to-day communication with your team.

8. Be a Good Listener

Small business leadership and communication isn’t about issuing directives or imparting wisdom. Good communicators are also good listeners, and the best bosses are curious about their employees, empathetic about their challenges and supportive of their goals.

9. Be a Good Listener

Small business leadership and communication isn’t about issuing directives or imparting wisdom. Good communicators are also good listeners, and the best bosses are curious about their employees, empathetic about their challenges and supportive of their goals.

10. Respect people’s time

Find the most efficient way to communicate, share information and complete tasks. Schedule short meetings that have a clear plan and purpose. 

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