National Small Business Week: May 23-29, 2010

National Small Business Week

Small Business: Driving America's Economy
May 23 - 25 Washington, DC

Every year since 1963, the President of the United States has proclaimed National Small Business Week to recognize the contributions of small businesses to the economic well-being of America. As part of National Small Business Week, the U.S. Small Business Administration recognizes this special impact made by outstanding entrepreneurs and small business owners. In 2010, National Small Business Week will honor the estimated 27.2 million small businesses in America. Small businesses are major contributors to the strength of the American economy. More than half of Americans either own or work for a small business. They also create 60-80 percent of new jobs in the country. Small businesses drive innovation, create 21st century jobs and increase U.S. competitiveness.

http://www.nationalsmallbusinessweek.com/

TEAM-Building: The TARGET Way

Recognition is one of the most cost-effective approaches of showing appreciation to employees without a raise or promotion; when an individual is recognized for a job well done in front of an entire team, it means a lot to other team members. At Target, rewards are motivational to ensure talent is allowed to develop and competition among staff by acknowledging individuals achievement and giving appropriate recognition to highfliers.

Target believes that teams can alter the individual’s motivation or needs and can influence the behavior of individuals in the organizational setting. The aspiration for need satisfaction can be a strong motivating force leading to group formation. Therefore, Target implements team building activities to continue individual development into better leaders and more effective team members; team building activities differs according to needs and objectives. To accomplish the goal, Target offers training leadership classes for employees throughout the year where they learn how to contribute to get goals accomplished, to satisfy personal needs, and facilitate communication during conflict, and, most important, how to lead large teams with diverse backgrounds and ethics to accomplish a goal.