Challenged with changing environmental, consumer and regulatory conditions, utilities throughout the United States are looking for opportunities to continuously improve system efficiency, resiliency, and security. This grid modernization is increasingly dependent on a modernized communications platform. At Cisco, we have long been committed to providing utilities a multiservice field area network which supports a variety [ŝ
When searching for jobs or planning your career future, you may start to notice similarities between language used to describe positions. For instance, we recently discussed the difference betweenࡠdirector vs. a manager. While the two terms are similar, a director is a more senior, less hands-on role that develops strategy, solves bigger-picture issues, and interfaces with the executive team.ȥre are two more positions that may be difficult to place on the correct rungs of the career ladder: Director vs. VP. Which is more senior? What are the different responsibilities in each role? How can you prepare to hold one or both of these positions in your career?ȥre, weҬl discuss how to distinguish Director vs. VP once and for all.`Directorҳ RoleAऩrectorੳ in charge of a particular sector of an organization, typically managing at least a few employees. Their key objective is to identify next steps for the unit or department they oversee, secure funds for their initiatives, and guide their teams in their
roles.ĩrectors are not autonomous at the organization, however. In addition to leading teams below them, they also need to work within the priorities set by the Vice President who oversees their department - as well as other departments - and the Executive Team.ӯme of the common director roles are as follows: director of human resources, director of marketing, and director of strategy. Depending on the organization, there can also be different levels of directorships, including associate, assistant, or senior director. Senior-level directorship titles include executive director and director of operations.`VPҳ RoleIn terms of organizational hierarchy, the VP typically manages several directors and is the official head of a division in the company. So, moving into a VP role is certainly not a lateral move.ҡther than engaging with the needs of only a single unit or department, the VP needs to negotiate between the sometimes-competing demands of several directors. At the same time, the VP should send top-down
messages to their directors regarding the organizationҳ business interests, as well as with the public.Ԩere are different levels within this title, as well. Large organizations often have rankings, including assistant, associate, senior, and executive VP; this ranking system typically specifies the company hierarchy more clearly if it employs many vice presidents.רile both roles are in leadership, a VP is truly senior leadership. This means that not every director will have the skills, personality, or vision to advance to the VP level.ࠈow to Become a DirectorIf youҲe interested in moving fromࡠmanager to a director role, you should be ready to prove yourself in the following capabilities:͡naging others in leadership roles and offering professional development for teams.Soliciting feedback from your team and the public as necessary to create initiatives.Collaborating with other directors on cross-departmental projects.¡lancing the needs of the team you manage and the demands of senior-level
officers.ĥveloping budgets that work within the parameters set by senior-level officers.Ԩinking and acting strategically within company goals.̥ading with excellence and demonstrating appropriate behaviors for your team.ȯw to Become a VPIf you are already a director or have your sights for the future set high, here are some of the competencies that a VP needs to demonstrate:ĥveloping your ӥxecutive presenceԠby building your communication skills and persona.̥arning to inspire a team and mobilizing them into enthusiastic action.Բanslating the company and upper managementҳ mission, goals, and visions into action plans that directors can use.˥eping a keen eye on the market and competitors, and developing strategic plans accordingly.Identifying and creating plans if the company undergoes any issues or problems.̥ading teams and evaluating employeesҠperformance; revising performance standards as necessary.͡naging the companyҳ finances and making changes as needed.רy Itҳ Important to Distinguish
Between Director and VPUnderstanding Director vs. VP in your career is important for two reasons. First, if youҲe searching for a new role at the moment, you want to use the correct search terms in your search. This is because most people move through these roles in an upward trajectory, becoming a directorࢥforeനey become a VP. So, you donҴ want to be wasting time searching or applying for VP positions too early.ӥcond, when youҲe planning your career future, you can start thinking about moving upwards, from manager to director, then VP. For someone in early or mid-career, this envisioning requires long-term planning. If thatҳ daunting for you to do alone, consider connecting with௮e of our mentors and coachesയ construct a plan for your future.ʊ
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(image: Elizabeth Howard)Spending more time outdoors will do wonders for your mental health. While research has shown that being outdoors helps..
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Merchant Cash Advance Vendor cash advances are just one of one of the most innovative offerings in the alternative company funding industry. These permit firms to safeguard funding by utilizing a card terminal, and they are suitable for those that do not have possessions yet have a high variety of card deals. So if that holds true with your firm, after that Vendor cash loan are the method to go! What is a Merchant Cash Loan? A vendor cash loan is based on credit card sales positioned in a business' seller account rather than a financing. So a business owner can apply for a MCA as well as have money placed into a business checking account as quickly as 24 hours after they have actually been authorized. Vendor cash loan are scheduled for organizations whose key source of earnings is credit rating and debit card purchases. Other companies that don't mostly depend on credit card or debit card transactions can currently get seller cash advances as well. Vendor cash loan are appropriate for a wide range of firms that utilize a card terminal, and also can be extra easily obtained than other sorts of company financing alternatives. These are likewise an excellent financing choice for organizations with no or few possessions, together with those that want finance for organization development, however have a reduced credit report. Exactly how Does a Merchant Cash Loan Work? A vendor cash loan includes the firm or a seller borrowing cash from a loan provider as well as repaying it with client card settlements. You may utilize the financing for any organization objective you require, just like you would certainly with any other kind of company funding. With a vendor cash loan, the loan provider works with the terminal supplier straight to know how much money is streaming via your business. This suggests that there's no requirement for credit history checks or a comprehensive explore your checking account; making the process much less complex than various other sorts of financing. A merchant cash advance adapts to your service and also the revenue it produces, offering you extra self-confidence in paying for the payments. Just How Can You Get A Vendor Cash Loan? While an MCA may make good sense for a company that requires cash rapidly to capitalize on a temporary opportunity, it's important to make sure that the seller cash loan costs make financial sense. An MCA is more pricey because the qualifying requirements are much less serious than regular small company lenders. Nonetheless, some firm owners have successfully used this approach to increase financing for their business. A merchant cash advance is available to any company that accepts settlements via a card terminal. Given that the loan provider can quickly see what the company creates each month, they may agree on a car loan amount and also payback plan much faster than with other options. This makes seller cash loan a great choice for business that don't have beneficial properties to sell off or get car loans versus, or need cash urgently. If you're a business owner, after that you should absolutely consider seller cash advances for your monetary demands!
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Exactly How to Go Over Preplanning Last Plans with Aging Moms And Dads life after eighty While it'll be a challenge to talk about, preplanning inevitably records your loved one's final dreams, saves money and reduces the tension of making plans on your own. There's no very easy means to deal with preplanning final plans with your loved ones, but it's an essential action in ensuring their wishes are met. It also eases the concern on you to make those decisions without their input. As your parents age, you might understand that final arrangements for them will one day fall on you. The good news is, they have the alternative to preplan and/or prepay for solutions as an option to having others make end-of-life choices for them. Allow's face it, no one wants to think about their own death. So while it'll be a obstacle to talk about, preplanning eventually records your liked one's final dreams, conserves money and also reduces the tension of making arrangements on your own. Listed below, we share handy tips for talking with your moms and dads about preplanning final arrangements. 1. Take it slow down. Prior to diving right into discussions concerning preplanning, require time to reflect on family memories, including birthdays, vacations, holidays as well as more with your moms and dads in a kicked back setup. This can include discussing life's fondest memories or watching old pictures, which can assist you really feel linked to each other and also spur purposeful, memorable discussion. Throughout this time around, you'll learn about the things that matter most to your parents. For instance, they may have a favorite blossom, image or track that advises them of a valued time in their life-- all of which can be integrated right into distinct last arrangements. Asking light-hearted questions about your parents' life can aid you segue right into deeper discussions about end-of-life dreams and ultimately preplanning.
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