Purpose Shapes Trust
News

Brand Purpose Shapes Trust, Customer Loyalty, and Success

Global marketing leaders from corporations such as McDonald’s, Mastercard, Duolingo, Pinterest, and Molson Coors emphasize the critical role of brand purpose in creating meaningful connections with consumers. As Juan Lopez, CMO of McDonald’s, expresses, clarity about brand purpose can foster trust and loyalty among customers. Mastercard’s Emily Davis goes a step further, suggesting that brand …

"Fredo's Management"
News

Managing ‘Fredo’: Eddleston’s Insight on Family Business Dynamics

Recognize the ‘Fredo’ in your family business! A term coined by Kimberly Eddleston, a professor at Northeastern University, and an editor at FamilyBusiness.org, derived from “The Godfather”. Eddleston presents ‘Fredo’ as a symbol of disruption that can potentially affect businesses negatively, and cause instability.

Fredos often arise from feelings of entitlement or inadequacy. While family …

'Fredo' Factor
News

Addressing ‘Fredo’ Factor Critical for Family Businesses

In family-owned businesses, the term “Fredo” is often used to describe a member who, despite their lineage, fails to make a significant contribution. This concept, inspired by the character Fredo Corleone from “The Godfather”, stands for underperformance and weakness often overshadowed by more capable kin.

However, the negative connotations of “Fredo” shouldn’t be overlooked. Remember, …

"Market Surge"
News

Pittsburgh’s Job Market Surge Entices New Talent

Pittsburgh is currently experiencing a surge in job vacancies, attracting a fresh wave of talent. The city is transforming into a hub of opportunities for both traditional and emerging industries, enticing new graduates and seasoned professionals alike.

With the rise in vacant positions, Pittsburgh’s workforce demographics are evolving due to professionals moving into the city, …

bookkeeping service
Success Strategies

Navigating Bookkeeping Challenges in the Gig Economy 

The explosive growth of the gig economy has transformed traditional employment models. With as many as 64 million Americans now freelancing, independent contractors and gig workers need financial management solutions more than ever. Contract workers are turning to flexible digital bookkeeping services to help them manage their business finances. These services offer many benefits, such …