You have an idea for a business: how much will you pay employees?

When thinking about a company of several people, you need to answer the question: is it worth it to look for partners who will bring in start-up capital and work for the company, or is it better to start an individual business and hire employees. This is not an easy question, although hiring employees is a big cost for your business. Below I show an example of hiring Anna Kowalska as an assistant in Nowak’s company under various forms of

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What is a company’s mission statement and how do you determine it? Part 1

If you go back to the article from a few days ago about a company’s vision, you’ll see how useful it is to flesh out what you really want to achieve. One step further in detailing the dream is the mission statement. Most often we talk about the company’s mission, but there can also be a mission for a project or some larger undertaking within the company, sometimes called an SBU – strategic business unit. Let’s start with what a

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You have an idea for a business: how should you build an organizational structure?

Every company, even with a dozen or so employees, should have an organizational structure where employees can find their position and see who is responsible for what and to whom. An organizational structure consists of an organizational chart and job descriptions. I will briefly introduce you to these two issues that you need to think about before starting a company. First – job description Each of the anticipated associates or employees should have clearly defined four characteristics: The above features

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Why should you have a vision for your company?

Surely you have heard of such a thing as a company vision. Of course, you’ve heard that there is such a thing, that it would be appropriate to have one, to arrange it, to formulate it. Just what is it actually and why does anyone need such a “thing”? On top of that, we are often confused about the difference between vision and mission, and mission is confused with strategic goals, so let’s start from the beginning. Do you realize

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Why is the term “artificial leadership” not used in the literature?

There are two terms that were invented almost 40 years ago: artificial management and artificial leadership. I wrote about the first one a few days ago. The second – artificial leadership – is even more puzzling. When you type such a phrase into the Web of Science database, these words almost never appear side by side. We have various combinations of these words, e.g. LEADERSHIP IN ARTIFICIAL INTELLIGENCE TIME, LEADERSHIP IN THE ARTIFICIAL INTELLIGENCE ERA, but artificial leadership in the

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