Management & Leadership

How to retain workers and maintain quality care

Demand for healthcare workers, particularly nurses, skyrocketed in 2020 as hospitals and other facilities increased staff to keep pace with the pandemic. Beyond the pandemic, hospitals are still working their way through a backlog of surgeries and other procedures that were postponed because of the virus. Here’s a look at how hospitals can stay ahead of staffing trends and retain critical workers this year.

6 factors to determine whether you should outsource

Times are gone when outsourcing was reserved for large companies and multinationals. Today, businesses of all sizes are joining the wagon, and all for the benefits, it offers. Giving out some functions to a third-party service provider leaves you with enough time to focus on the core business aspect-growth. Plus, you can leverage the vendor’s vast resources and expertise, putting you ahead of the competition. Here are pros and cons to consider when thinking about outsourcing. However, outsourcing also poses some downsides such as losing control over business functions among others.

How do businesses plan for the unknown in 2021?

The pandemic has fundamentally changed the way businesses operate, so it’s important to work with a financial partner on a strategic plan that takes into consideration the “new norms,” such as utilizing technology to meet online rather than in person. Focus on what you want your business to look like one to five years from now, and how you can leverage some of the changes in buying habits that will be a holdover from the pandemic.

2020 hindsight: five lessons as we begin 2021

While many companies are still dealing with the acute impacts of the economic and social disruption of 2020, Colorado business leaders are confident the state will continue to outperform the national outlook in the first quarter of 2021. Here are five ways that companies can build resilience, and weather future challenges, while being better positioned to capitalize on emerging opportunities.

Is it time to open up a satellite office for your business?

Many Colorado companies in urban areas have found themselves dealing with employee commutes due to the COVID-19 pandemic. Employees are not able or willing to travel due to government restrictions, and employers are having to adjust to offices needing to have limited workspace due to social distancing requirements. More and more companies find that satellite office spaces are a great fit for their business structure but is opening a satellite office the right choice for your business? Here are 5 things to consider.