Business leaders can lead strategically by investing in both themselves and the business.,
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“Cash is king” is a simple phrase, but one with numerous applications in the life of a successful business. When a company does not develop the right amount of cash reserves to stay in business or prepare for the future, the CEO must implement changes to ensure its viability and future. Too many companies do not operate with a larger vision or the necessary cash to surpass the next payroll.
In 2020, real wage growth amounted to 1.1 percent, according to The PayScale Index. PayScale found median wages, when adjusted for inflation, actually declined 8.8% since