Cheating has been part of human behavior forever. A systematic look at cheating in baseball offers insights into why it is sometimes particularly prevalent and ideas on how to control it. In baseball, cheating became common once sporting clubs first started playing competitively in the 1850s. Teams unfairly grabbed ringers from neighboring clubs, occasionally paying
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The last few years have seen unprecedented disruptions in how, when and even why we work. As we look to 2023, Korn Ferry talent acquisition experts offer their thoughts on what the coming year will bring to the job market. 1. Moving around – but not out. Thanks to an uncertain job market, professionals are
Pragmatic, rather than disruptive innovation, is what is driving companies forward. There’s only one word that may be buzzier than “recession,” one that strikes even more fear into the hearts of executives across industries: It’s all about disruption these days, isn’t it? I don’t think so. Just because disruption is taking place, it doesn’t mean that
According to various studies anywhere from 25% to as many as 55% of startups fail due to poor team management. The first step of good management is selecting the right people for the team. This task often keeps first-time founders and managers awake. Their main goal up until now has been to create a unique
We could all use a confidence boost these days – especially with how fast life is moving around us. Think about the last compliment you got from a friend, colleague or even from the boss. How did it feel? Great, right? That’s exactly how I feel every time I connect with my leadership coach –
As I reflect one year in as a first-time Chief People Officer (CPO), from day one, I never saw any reason why I shouldn’t be looking through the same lens of business impact as my peers on the senior leadership team. In fact, I saw it as the only way to go about my role.
Here’s a hard truth: Employee collaboration and networking should be done in-person. That’s not to say remote collaboration tools aren’t valuable or don’t have a place – they do. But when it comes to building trusting relationships and elevating employee engagement, there is no substitute for events that bring your community together in-person. For months
For weeks now, Twitter and Elon Musk have been dominating the headlines. Musk’s acquisition of Twitter, and the subsequent layoffs that followed, have been shaking the ground in Silicon Valley. Even beyond the mass layoffs, his tenure as the company’s leader is off to a rocky start. An attempt to monetize the blue verification check
Every company and every corporate culture is a little different. But after more than 40 years as a serial entrepreneur and business builder, I have refined an approach that has consistently worked when it comes to even the stickiest issues: Fit comes first. In an age when short-term returns, technology and the bottom-line drive so
Listen to many futurists and you would think that robotic engineers and therapists will be the only people with jobs in ten years. There’s plenty of reason to pay attention to the massive disruption from the automation of work. But if you’ve ever attempted to do a virtual chat session with a customer service robot
Americans spend more on medical care as a percentage of GDP than any other nation. For the decade ending in 2020, insurance premiums rose 47 percent and deductibles jumped nearly 69 percent. Even with employer-based medical insurance benefits, employees now pay on average nearly $6,000 toward their employers’ average of $22,221 for family coverage. Further, obtaining
Persistent inflation, a nascent recession and even trickle-down damage from FTX’s collapse are serving as stress tests for the C-suite, exposing leaders’ skills for better or worse. As boards decide whether to retrench or approve major new growth initiatives, they’re also deciding whether current executives are capable of navigating either path. Since technology and recent
How can you successfully start a business or help a failing business survive? Business is the process of overcoming challenges on the pathway toward progress, and that is what makes business exciting, interesting, and rewarding. Starting a new company or trying to turn around a failed company is a big challenge. As with any start-up,
If you are an executive reviewing employees’ movements in the last 18 months, such as the “great resignation,” “quiet quitting,” and #ActYourWage, you are facing an existential question for your business. The question is not how to adapt the new employees demands and create a hybrid working environment and more accommodation to employee’s mental health;
There is no doubt that today’s CEOs are under duress. Uncertainty in the economy and ongoing turbulence in the current operating environment has created unprecedented challenges and disruptions. Today’s CEOs must forge ahead, moving past what is getting in their way to achieve their investors’ expectations and strategic goals. As a former chief human resources
Striving to be more effective at DEI is a terrific goal for any organization. There’s a lot of room for improvement, but you’re destined for success when you make sure that you’re measuring your DEI efforts by more than just the numbers. Here are four great places to focus your efforts. By and large, most
The CEO’s current dilemma about talent is very apparent in three numbers: 98, 71, and 2. Ninety-eight is the percentage of CEOs who see the need for a change in their business model in the next three years, a daunting enough prospect. Seventy-one is the percentage of CEOs who are worried about losing their own
As I write this article flying 35000 feet above the ground, completing a leadership keynote for a CEO conference event in India, I recollect one of the common elements I’ve found most executives lack. And that element is self-mastery. My work is all about coaching high-profile CEOs and leaders. I understand that a CEO’s stress
Good people management is tricky. Every person has had different experience of previous workplaces. They also have different expectations of their manager and different ways of communicating. The best qualities of good people managers depend on that manager being both professionally good and of good character (Sison, 2003, Harvard, 2007). A new survey of over
Global ecommerce strategies can be challenging and scary for the underprepared. Now is the time to set goals to keep your global efforts on track and reap the benefits of international ecommerce. Maintaining a global mindset is imperative for success, especially as our society becomes more connected and international. What happens in one continent has
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