On average, HR spend four minutes on each application. That’s why you should make sure your curriculum vitae is setup in such a way that it’s easily skimmable – the best way to do this is with a tabular CV, which covers all your bases. With our free CV template, we’ll show you...
Nowadays, an elevator pitch rarely takes place in an actual lift. But the fact remains that we often face situations in everyday life where we need to present ourselves in a brief and compelling way. Could you pique the interest of a potential employer or investor in under two...
An interview is not an easy situation - neither for the applicants, nor for you as the employer, who ultimately decides who to accept and who to reject. If you have to conduct an interview, you should do it in such a way that you can get as detailed a picture of the candidate as...
In the party scene, you’ve probably heard of “BYOB“ or “Bring Your Own Beer” where guests are expected to bring whatever they want to drink. The term “BYOD” therefore also sounds quite positive. “Bring Your Own Device” means you have the comfort of working on your own laptop...
Good communication is one of the main pillars of productive work environments and this can only be created when colleagues talk to each other in a friendly, constructive way. A company can quickly become more successful than its competitors if everyone, from managing directors to...
Which is better, G suite or Office 365? Both providers offer users a cloud platform with business-ready office and collaboration tools. The pricing is also in a similar ballpark. Entrepreneurs who want to centralise operational work processes with cloud-based applications are...
You’ve made it past the application process and the initial screening and you’ve been invited to an interview. It’s normal to be nervous, especially if you have limited experience in selling yourself. There are a few unwritten rules that apply for all interviews. As soon as you...
If you want to create your startup independently, the question will come up sooner or later of how the company will be financed. Nowadays, there are so many options for startup funding: regional and nation-wide funding programs can help, as well as angel investors, startup centers, and other investors. Long-term subsidies that last two or more years are not a rarity in the startup industry. Learn...
With the help of the sandwich method, managers try to communicate criticism to their employees in the most pleasant way possible. Negative feedback is packed between two “sandwich slices” of praise. The sandwich method is also popular in sales methods, and increasingly also in everyday communication. However, there are not only positive aspects, and the method has been criticised by some.
Whether you’re at a board meeting or a project meeting, the question always comes up: “Do we really have to take minutes?“ In large companies, it is often policy that you need to record the minutes, but in small and medium sized companies, this isn’t always the case. Then comes the question: “What is the right way to take minutes?” Writing them can be done quickly and easily with a template. We...
“How likely is it that you would recommend our company to a friend or colleague?” The NPS, short for Net Promoter Score, is limited to this “ultimate question” asked to gauge customer satisfaction. We explain the concept behind the management tool, how you calculate the NPS, and why critics question how valid the NPS is.
Everyone has certainly heard the term “franchise” at some point, but what exactly does it mean? Imagine you want to start a company, but you’re lacking the necessary capital and know-how. Instead, you decide to get involved in a business model that already exists, and build a business under a successful brand. This concept is called “franchising” – and it allows you to start your own business...
Managing a company without having to take responsibility for your assets? This is possible with a limited company (Ltd) and is the reason that many business owners in the UK choose this legal structure. We explain what an Ltd is, its hierarchy, as well as naming some of the advantages and disadvantages of this kind of business structure.
Companies often work together despite being in competition with one another – in many fields and in many forms. The joint venture is one of these strategic cooperation models and enables cooperating companies to strengthen their joint presence in the global business world and to survive in a competition. But what does joint venture actually mean? What types of joint ventures are there? What are...
Brainstorming is a technique applied simultaneously by a group of people allowing to form numerous ideas on any given topic in a short time and at a high rate. Apart from the need to keep up with all the brainstorming rules, good preparation on part of the group host is also important, if the group is to achieve a maximum possible output from its members. Read our guide to find out what...
“Flat hierarchies” are a common refrain of many companies when it comes to recruiting. This means short chains of command, wide control spans, and democratic decision-making. This kind of a loose organisational structure has a reputation for motivating employees and therefore increasing their productivity. But not every company is suited to the concept. For more complex companies, it may be...
Are you a manager, leader or expert? Each of these guidance styles fulfils a particular purpose and should be used according to the situation. In order to lead to the best of your ability, and motivate your team to achieve goals, you should select and consistently adhere to a management style. Each type of leadership has its own strengths and weaknesses. Here, you can read what these are and when...
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