Banks and financial advisers alike are clear that there are a number of common financial mistakes made by new and fledgling businesses, such as failing to take sufficient account of the need to get your cash-flow right.

Maslow describes the motivational factors for humans and, notwithstanding that his work comes in for a good deal of criticism from some quarters, there is a strong degree of attractive logic to his theory.  Unfortunately, it doesn’t really help leaders to motivate people at work on a day to day basis.

What, though, does the phrase mean in practice, and what skills do you need to pursue a portfolio career?

This is particularly important in driving change.

Individuals might sometimes be born with these skills, and be termed as natural leaders that motivate others and lead a team towards success. However, others might be required to develop these skills over a period of time.

When you are self-employed, however, you are your own IT helpdesk, your own HR department, and your own CEO. It is up to you to manage any problems. This therefore means that it is a very good idea to plan ahead and do a bit of risk assessment and management to avoid future problems.

This page explains how to manage poor performance.

Many of these search results concentrate on the stereotypical entrepreneur; the person who, five years ago, could have appeared on Dragons’ Den (also known as Lions’ Arena and Shark Tank) as an aspiring “contestant” and who now qualifies to be the next multi-millionaire in the row of big leather chairs saying “I’m in!”

With some understanding of useful models of change, and some good analytical tools and techniques, together with strong people skills, you should be well on the way to steering a change process to a successful conclusion.

Most facilitators will tell you that, in fact, their skills range much more widely and are generally about supporting processes, which may include team building, project management and change management.

What is often overlooked, however, is that you also have to avoid a number of common management pitfalls.

Now that you’re ready to take the plunge, it’s time to break the news to your employees.

Now, however, working life is much more flexible and few expect to have a ‘job for life’. At the same time, recognition has grown that individuals have to do far more to manage their own working life, and their career.

Since most organisations and a good many people’s lives are in a constant state of flux, you could argue that most of us are managing change on a daily basis, but how we do it, and how well we do it, varies considerably.

Whether on a personal or organisational level, it’s all to do with the logical level on which you’re trying to make the change.

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