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Weekly Round-Up: August 7th

Author: South Valley Chamber
Published: August 7, 2018

It’s that time of the week again! Here are our favorite business-related articles we found on the world wide web as of late.

  1. From Bootstrapped To Boardroom: Tips And Benefits For Operating Any Business Like A Fortune 500
  2. A 30-step plan to getting the raise you deserve
  3. Utah has desperate need for highly educated, skilled workers

From Bootstrapped To Boardroom: Tips And Benefits For Operating Any Business Like A Fortune 500

Summary: This article provides the financial rationale and a detailed roadmap any company can follow to transition from a more entrepreneurial style of management into a more standardized, data-driven operation — without losing the disruptive spark behind what created our success.

Our Take: It’s easy to get caught up in the day to day of your business. It’s always a good idea to take a step back and go over your growth plan and how you can efficiently get to where you want to be.

Read more here.

A 30-Step Plan to Getting the Raise You Deserve

Summary: Most Americans have never asked for a raise. And an analysis by Salary.com found that failing to negotiate could potentially cost you more than a million dollars over the course of your career. It can be intimidating to ask for a raise. But here are 28 tips on how to navigate the pay bump process.

Our Take: The best time to ask for a raise was yesterday (unless you’ve been at the company for less than a year). Go in prepared and you’ll come out with the outcome you hoped for.

Read more here.

Utah Has Desperate Need for Highly Educated, Skilled Workers

Summary: Even as a legislative commission works to chart the future of the state’s higher education system, Utah officials say the need for a highly educated, skilled workforce is acute. How acute? Harris Simmons, chairman of the State Board of Regents, said he plans to travel to India later this month “to find skill sets we just can’t find here.”

Our Take: The struggle across the board for businesses we meet with is that there aren’t enough people to hire. The good news is that if you have a specific skill set, you will be absolutely indispensable in this economy. Also — stay in Utah! There are plenty of jobs here.

Read more here.