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While it didn’t reach the record highs of 2021, 2022 continued to exceed historical levels for M&A activity — PwC even predicted that it would still end up as one of the strongest years on record. Perhaps this sounds surprising since so many companies cut back significantly on their cost structures due to continued macro-economic
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Human skills, often referred to as soft skills, define how we engage with others and often include leadership, communication, critical thinking, and problem-solving, to name a few. Many other cognitive and socio-emotional skills come into play, and these skills often provide the foundation pivotal for high emotional Intelligence or EQ. In a nutshell, EQ is
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Allstate CEO Tom Wilson In the summer of 2021, after a long break from the office due to covid, Allstate Insurance expected employees to be excited to get back to working face-to-face with colleagues. After all, people were rushing to return to restaurants, movies and family gatherings after the pandemic started to fade. Why wouldn’t
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Many of today’s young gamers are more future-ready than today’s average office workers. Digital Natives (age 27 or younger) and Cross-Reality (XR) Natives (17 or younger) already experience ahead-of-their-times digital interfaces via video gaming platforms. These young people are creating their own worlds, developing their own social networks, and (possibly unconsciously) preparing for the “officeverse”
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Hiring a senior leader is a significant investment that, in the majority of cases, does not pay off. According to research conducted by the Corporate Executive Board, 50 percent to 70 percent of executives fail within the first 18 months of taking over their new role. While there are a number of factors that can contribute to
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In the boutique professional services industry, there are “young” 10-year-old firms and “old” 10-year-old firms. The difference almost always boils down to the energy level of the founder. If they are energized when they realize that their problems are not theirs alone and seek out collaborative solutions, they tend to prosper. When you understand the
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Employers across the globe are facing tough choices as they stare down inflation and a looming threat of a recession. Although many business leaders are scrambling to keep their operations in the black, many still have roles to fill—and they’re increasingly expanding their contingent workforces to supplement their teams and increase their flexibility and financial
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Customers are increasingly buying products on the Internet or researching businesses online before buying. According to a Pew Research study, about 80 percent of Americans say they shop online. E-retail sales globally surpassed $5.2 trillion in 2021, and forecasters say that one-quarter of sales globally will be made online by 2026. Even those who don’t
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If you’re hoping to make your brand more purpose-driven in 2023 and beyond, you don’t have to go so far as donating your company to charity. However, it’s important to state your purpose upfront, get employee buy-in, and partner with the right people. With the right purpose and actions, you can build brand loyalty that
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Combining top-down and bottom-up management methods allows leaders to embody a leadership style that prioritizes shared power and put the needs of employees first to drive performance. There are three traits, in particular, that you should embody to successfully implement a management style that lends itself to effective workplace culture. Your business’s culture is the
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The most common mistake businesses make in recessionary times is failing to plan their post-recession strategy Many leaders look back at 2007 through 2009 as a tough time to be in business. But 2010 was even harder.  We were emerging from The Great Recession sparked by the housing and subprime mortgage crisis. Just as quickly
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Our newly published Disruption Index polled 3,000 global business executives, and an overwhelming number indicate they are not effectively using one of their most valuable assets to address a major challenge in the workplace. Nearly half of respondents told AlixPartners they need to leverage technology to increase productivity in the face of worker shortages. This
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Right from the start, the Australian Tennis Open has been captivating. And it’s not solely about the tennis. In fact, you’ve probably seen the headlines (including from the likes of Reuters) declaring that Team USA is “locked in”. Tennis is not routinely considered to be a team sport, especially for Grand Slam tournaments like the
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As an investor, I see a lot of business plans and hear hundreds of great pitches. Contrary to what Shark Tank implies, investment decisions aren’t made in just a few minutes. Most entrepreneurs understand the importance of having all the kinks worked out of their business plans when lobbying for an investor, but too few
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Women continue to be underrepresented in STEM fields. Bridging the gap requires attention and investment from both educators and employers. Much ink has been spilled about the gender gap in STEM (science, technology, engineering, and math). It’s clear in the numbers: only 21% of engineering majors and 19% of computer science majors at American universities
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