In order for entrepreneurs to be successful in developing countries there must be institutional support for their efforts. This report explores some of the empirical evidence on the relationship between institutions, entrepreneurship and economic growth and describes some of the steps that countries need to take in order to promote economic freedom and productive entrepreneurship.
The Global Entrepreneurship Monitor, or “GEM”, is an invaluable resource for understanding and comparing entrepreneurial activities between countries. This report provides an introduction to GEM and an overview of recent survey results.
A firm’s organizational structure is not static and changes can be expected as the business grows and matures and more people, activities and external relationships are added to the business model. This report discusses the path that the organizational structure will take as it evolves.
Workplace safety is a major concern for all companies, not only because of potential legal liability but also because of the disruption caused by the inability of trained and skilled workers to be available to do their jobs. The policies in this area begin at the time that a new employee is hired and companies must carefully consider the circumstances under which medical examinations will be required as a condition of employment. During the term of employment attention turns to making sure employees are trained to act safely and that procedures are in place for quickly responding to accidents involving employees and/or visitors to the workplace. Finally, workplace violence is, unfortunately, a not uncommon experience and companies need to have procedures in place to screen for potential problems with new employees and monitor situations in the workplace that might escalate to the point where someone is in danger. For an example, see the form that we've included in this month's report.