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• Get Paid Faster

  Slow paying clients are the bane of every small business. Inc. offers some ideas on how to deal with unpaid invoices.
  
  

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• Make Meetings Work

  Meetings help businesses run efficiently, but only if the meeting itself is a good use of time.  If you don’t know why you’re meeting, really know the  purpose of the meeting, then don’t have it.  Every meeting should be designed to achieve results and build relationships.  This may be a high standard, but with a little planning, it’s achievable.
  
  

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• Pause Before Firing

  When employees are struggling to succeed, first ask yourself if they're a cultural fit. If they are, it's your job as a leader to remove the roadblocks that keep them from using their skillset to push your company forward. A few key questions might turn a termination into a star employee.
  
  

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• Designing Staff Retreats

  Staff and management retreats can provide valuable time to review goals, plan revenue strategies, and discuss corporate culture.  But they are only as effective as the time you put into planning for them. Preparing a few basic questions will help you achieve the results you are hoping for.
  
  

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• Economy Central

  The Unemployment Dilemma:  Are high unemployment benefits prolonging the recession?  By Samantha Bromenshenkel and Lynn MacDonald
   
  This story appeared in the September-October 2021 issue of Business Central Magazine.  Following are the sources used in the story.
   
  References:
  Banaian, K., & MacDonald, R. (2021, June 13). St. Cloud Area Quarterly Business Report, Vol. 23, No. 2. The Repository at St. Cloud State. https://repository.stcloudstate.edu/scqbr/90/.
   
  Davidson, P. (2020, October 22). 'I had to start my future': Workers who lost jobs because of COVID-19 find new careers in these fields. USA Today. https://www.usatoday.com/story/money/2020/10/22/jobs-near-me-unemployed-workers-find-work-these-fields-amid-covid/3714756001/.
   
   
  Engbom, N. (2021). Contagious Unemployment (NBER Working Paper No. 28829). Cambridge, MA: National Bureau of Economic Research
   
  Farber, H. S., & Valletta, R. G. (2015). Do Extended Unemployment Benefits Lengthen Unemployment Spells? Evidence from Recent Cycles in the U.S. Labor Market. Journal of Human Resources, 50(4), 873–909. https://doi.org/10.3368/jhr.50.4.873
   
  Federal Pandemic Unemployment Compensation ending. | Applicants - Unemployment Insurance Minnesota. (2020, October 20). https://www.uimn.org/applicants/needtoknow/news-updates/fpuc-ending.jsp.
   
  Parker, K., Igielnik, R., & Kochhar, R. (2021, February 10). Unemployed Americans are feeling the emotional strain of job loss; most have considered changing occupations. Pew Research Center. https://www.pewresearch.org/fact-tank/2021/02/10/unemployed-americans-are-feeling-the-emotional-strain-of-job-loss-most-have-considered-changing-occupations/.
   
  Tatsiramos, K., & van Ours, J. C. (2012). LABOR MARKET EFFECTS OF UNEMPLOYMENT INSURANCE DESIGN. Journal of Economic Surveys, 28(2), 284–311. https://doi.org/10.1111/joes.12005
   
  Unemployment Insurance Statistics. Minnesota Department of Employment and Economic Development. (2021, January 21). https://mn.gov/deed/data/current-econ-highlights/ui-statistics.jsp. \
   
  Samantha Bromenshenkel is a graduate student in applied economics at St. Cloud State university; Lynn MacDonald is an associate professor of economics at SCSU.

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• Management Toolkit: Hang it Up or Hold On: What's next for older workers?

  This story appeared in the September October 2021 issue of Business Central Magazine. For more information on this topic, read the Federal Reserve’s May 2020 Report on Economic Well-Being.
  https://www.federalreserve.gov/publications/2020-economic-well-being-of-us-households-in-2019-financial-repercussions-from-covid-19.htm

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• Where Are the Workers?

  If you’re having trouble finding employees, maybe you’re targeting the wrong age group.
  As part of recruiting and hiring efforts, an employer should make a concerted effort to hire older workers who may bring valuable skills to the team.
  
  

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• FEATURE: Leadership Workout

  Leadership Workout: Not everyone is a born leader, but you can strengthen your leadership muscles when you practice these tips.  By Beth Triplett
   
  This story appeared in the September-October 2021 issue of Business Central Magazine. 
  There are many online resources to help you learn more about leadership and developing a growth mindset. You can get started at The Learner Lab.
  
  

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• Do It Now

  Writing Well: Writing may not come naturally to you, but these five tips can help make it easier. By Tess Glenzinski
   
  This story appeared in the September-October 2021 issue of Business Central Magazine.  Following are the sources used in the story.
   
  https://www.forbes.com/2010/05/03/better-business-writing-leadership-careers-tips.html?sh=5b74bdac2af9
  https://hbr.org/2014/11/how-to-improve-your-business-writing
  https://www.freelancewriting.com/business-writing/7-tips-to-become-a-better-business-writer/
  https://careerconnections.smeal.psu.edu/blog/2018/06/07/how-strong-writing-skills-benefit-your-career/
  How Important is Grammar in Business, Really? - Untold Content
  Good Grammar Should Be Everyone’s Business (hbr.org)
  
  

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• TECH NEWS: Real Virtualities

  Organizations are creating new ways for people to work, consume, and socialize.  Accenture calls this “real virtualities:” innovative organizations that are working to blend virtual and physical worlds.
  
  

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