In this business environment of digital disruption, organizations that are agile far outpace their competition. Constant change can be a challenge, but as Workday CFO Robynne Sisco has said, “Having the ability to adapt and respond—whether it’s your mindset, the way you plan, or the technology you use—will help ready you and your organization for the road ahead, wherever it may lead.”

Like giving away equity, offering 401(k)s has somehow become a given, with many business owners feeling like it’s their only option for attracting and retaining top talent. The Department of Labor (DOL) apparently thinks so too. Its recent rule change makes it easier for small businesses to offer multiple-employer plans, or MEPs. But I always advise my clients, especially small-business owners, to question whether a 401(k) is their soundest option. That’s because the ugliest audit I’ve ever been through with any client was a 401(k) audit. Did you even know 401(k) plans could be audited?

In any team, of any size, in any industry, there will be inevitable obstacles to overcome as your business evolves. As a leader, the way these situations are handled from the get-go can have a lasting effect on your team and how they react to future challenges. It's important to teach an effective approach for tackling these hurdles in order to maintain a healthy culture. Here are some key points to consider when your team is faced with a challenge. ​

Companies have endless lists of competing priorities, especially while they’re in a startup or growth phase. When Charitybuzz and Prizeo came together under the Charity Network umbrella in 2016, we had lofty goals. And we had lots of them. We quickly realized if we tried to tackle everything at once, our outcomes would be shallow all around. So our challenge emerged: how do we create a framework for decision-making within our business that will help us all prioritize those activities moving us in the right direction?