4.26.19

Friday Five Business Briefing – April 26, 2019

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Here’s news to help you run your business better, including an innovative way to attract employees in a tight labor market, making smart short-term financing decisions and why you may want to cut down on rules.

  1. Throw a party to attract new employees — When faced with the tight labor market, Taco Bell started hosting hiring parties with free food, swag and Instagram-friendly photo props to attract new employees. Party attendees interview for open positions on the spot.
  1. Think beyond your nose — see how an asset-based line of credit can be healthier for your long-term outlook when you need short-term financing.
  1. Discover what employees really need in their workspace — According to Haworth, the best way to create an effective workspace for your team is to start with a survey that asks these five questions.
  1. Maybe you don’t need so many rules — To remain innovative and competitive, Netflix keeps rules simple and to a minimum while investing in hiring high-performance employees and building a culture that weeds out unimproved low performers. Read the whole story here.
  1. Three words that helped Tiger Woods win his fifth Masters title — “Intense but loose” were the words Woods’ caddy gave him on the first tee. Learn how these words are a perfect example of emotional intelligence and how you can make emotions work for you instead of against you

Thank you to our Friday Five sources: CNN, Inc. and Haworth.

Do you have business banking questions? Contact our knowledgeable business development managers or call 800-991-2221. We’re here to help you grow your business!

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