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Managing the Workplace in the Age of COVID-19
As we continue to navigate the changing landscape of COVID-19, Fahrenheit wanted to provide some guidance on what we all can do to ensure the culture in our organizations is not largely impacted by actions taken today. This guidance is for informational purposes and should not replace guidance from legal counsel. In times of crisis, an organization should always rely…Read More -
Business Strategy – COVID-19 Quick Tips for Turbulent Times
Cash is King – Know your liquidity position, no matter what! Map out your cash flows for the next 30-60-90 days. Find ways to reel in what you are owed and manage what you pay out. Don’t Panic, but don’t ignore what’s going on around you – Writing down the things that have changed for you and taking your best…Read More -
FACT SHEET – The Family First Coronavirus Response Act
On Wednesday, March 18, 2020, President Trump signed the Family First Coronavirus Response Act into law. This action expands existing laws and creates new obligations for employers in an effort to assist workers affected by the spread of the COVID 19 virus. While there are provisions of this law that impacts employees – such as the providing of COVID 19…Read More -
COVID-19: What to Do When You Don’t Know What to Do
Wow! How did we get to this place of disruption so quickly? We’ve never been in this place before and it’s hard to know what to do first. The World Health Organization (WHO) declared COVID-19 (coronavirus) a pandemic on March 10, 2020 and it has literally rocked our world. As leaders in business, we’ve never been faced with this before.…Read More -
4 Creative Ways to Attract Millennials and the Newest Generation
The once private matter of how students are funding their education, has become one of the most talked about, and debated, topics of the past five years. We have all become painfully familiar with the facts; there is currently and estimated $1.6 T in outstanding student loans, with about 11% of borrowers already in default of their loans – compared…Read More -
Are You the Strategic Thinker You Want To Be?
As more organizations emphasize the importance of strategic thinking among all of their leaders, the desire to develop this skill is voiced with increasing frequency by individuals seeking coaching. One helpful article I recently read focused on the topic. How To Master Strategic Thinking Skills In 5 Simple Steps provides a simple and quick way for coaches to think about…Read More -
Social Media and Your Brand: 3 Ways to Mitigate the Risk
Warren Buffet famously said, “It takes 20 years to build a reputation and five minutes to ruin it.” Every day, social media users confidently reply, “Mr. Buffet, hold my beer.”
Business leaders have learned that social media can be a great platform to market your brand and reach your target market with relative ease. Wise leaders are also aware that…Read More -
Are Employees Assets or Expenses?
How does your company report on its human capital? This Harvard Business Review article challenges the traditional approach that I was taught, and that I see practiced by most companies I interact with. Generally speaking, there is a significant gap in the way that companies share this information, if they do at all. “This lack of reporting on human capital…Read More -
NonProfit Boards and Power Imbalances
The stories in this article from The Chronicle of Philanthropy about NonProfit board members misusing their power ring all too true to me. Throughout my career, I have witnessed many effective nonprofit boards of directors working in tandem with the organization’s CEO/executive director and staff fulfilling their respective missions. Then again, I have also witnessed many boards that are ineffective, indecisive,…Read More -
Microsoft ERP Software: Yesterday, Today and Tomorrow
At a certain point, most growth-oriented companies decide to invest in ERP (Enterprise Resource Planning) software. ERP is software which integrates various business functions into one related system to streamline processes and information across an entire organization. It is a shared database which can tie in manufacturing, inventory, purchasing, sales, accounting, HR, etc. Reasons a company decides to invest often…Read More -
Growing a Happy, Productive Workforce in a Distracted World
Distraction and disengagement has become a cultural norm. We live in a world of distractions and disengagement. There is no end to the things we’re led to worry about, with digital devices exacerbating our worries and distraction just as quickly as they provide opportunities to learn, connect and solve problems. The cost of distraction is high in every arena.…Read More -
For Best Results, Start Your Strategic Planning Early
Time flies when you’re having fun — and running a business. Although it’s probably too early to start chilling a bottle of bubbly for New Year’s Eve, it’s certainly not too early for business owners to start doing some strategic planning for next year. Here are some ways to get started. A good place to find inspiration for strategic objectives…Read More