CEO

Corporate travel may not be back to pre-pandemic levels, but in-person meetings are enjoying a renaissance of sorts. According to Deloitte, expected domestic and international business travel spend will rise gradually over the coming years. That means your organization may want to consider the value of investing in a managed travel program. Managed travel programs offer a one-stop

High inequality has torn the fabric of American society and weakened its democracy. The most extreme form it takes are the large number of billionaires in America and the extraordinary compensation of CEOs. In 2020 Elon Musk’s compensation was $6.7 billion and Mike Pykosz, the CEO of Oak Street Health earned $568 million. Such compensations

For the last few years, wage growth has been on a tear, with average pay in the U.S. up 8.9 percent in 2021 alone—the fastest growth since the early-80s, according to the Social Security Administration.  But now, as the economy slows, that trend is likely to end—fast—especially among executives and middle managers, according to our

There’s nothing like the anticipation of a new hire, and the expectation of infusing fresh experience, talent and drive into your workforce. Too often, however, those expectations go unmet. The data has long made it clear that external hires cost much more than promoting homegrown talent, and often don’t perform as well or stay as

Empathy is the ability to understand what other people feel, see things from their point of view, and imagine yourself in their place. That understanding helps us to better decide how to respond to a situation.  Starting at the top  Leaders of a company, and of people, bear tremendous responsibility. This responsibility causes stress and

When I was halfway through completing an MBA program at the London Business School, I was offered a position with McKinsey in New York, a dream job of every MBA student at the time.  My tutor, British management guru Charles Handy, told me not to take it. Rather, he said that he had recently concluded

It is easy to imagine being an international student, but the reality hits differently. While the experiences of an international student are diversified, they often are marked by the many adjustments he makes to make a decent living. Expenditure is quite high, even as a scholarship student and this is, especially, true when you come

Statistics is more complex than our minds want us to believe. We are inclined to think in very different ways, often leading to errors of judgement. For example, when an event occurs more often than expected in a certain period of time, we tend to believe that it will occur less frequently in the next

Great leaders know that the first step in building relationships and resolving conflict is sitting down to listen to the point of view of someone with whom you may not want to agree. A self-confident leader is willing to engage in those moments – showing up when you say you will and being present in

What’s required to make a company culture great? In many ways, building a company culture can feel like a vague, amorphous, unquantifiable thing that’s impossible to get your arms around. But it’s not. It just takes grasping what the elements of a transcendent culture really are. And just as importantly, understanding the illusions getting in

The worst of times may be coming to the U.S. economy soon, but it’s still the best of times for American workers. And they’re likely to remain in high demand in an environment that seems sure to remain labor-starved for some time, even if recession visits soon. That was the consensus of executives gathered online

Groupthink is stealth. Beware. Diversity, equity and inclusion (DEI) combat groupthink, which is a mode of thinking that occurs when individuals of a highly cohesive, insular group or an in-group strive for consensus and might avoid or override alternate viewpoints, ideas, actions, or dissent. Also, an in-group might be unfamiliar with outside perspectives, unwilling or reluctant

Colleges need to rethink how we prepare students for successful careers. The current approach is to provide some minimal support to students towards the end of their undergraduate years. Once students graduate, colleges and universities traditionally assume that these students are no longer their responsibility and don’t require any further guidance or assistance. We might

Editor’s Note: As C-Suites and public company directors wrestle with creating the kind of work experiences that attract and retain the best and brightest, Chief Executive Group is here to help. On April 27, we’ll be hosting a day-long “Making Hybrid Work Great” event in New York and online, and on May 2, we’ll hold

Regular running is satisfying, but if you are the competitive type, even greater satisfaction lies in running faster and longer. Progress can be a wonderful motivator. If you want to improve as a runner, you can (and should) do supplemental training, which involves strength training, flexibility, and technique work. The simplest way to improve is

Today we will talk about the basis of having a loyal team that is happy to work for you and is devoted. Money is a crucial factor but is not the only reason someone will stick with your team for a long. The competition out there is huge, and people will always be in chase

Purpose has become a buzzword, with many organizations only paying lip service to the idea without putting any real effort into fulfilling it. Purpose is simply an intent, and without action to back it up it’s not enough to create real change. The problem with solely focusing on purpose is that it misses the point

The most predictable thing about the state of the workforce today is that it’s highly unpredictable. Major companies have been announcing layoffs and enacting hiring freezes in response to predictions about the economy and attempts to attract and retain top talent. Whether a recession is in the future or not, many companies are preparing for the worst

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