Today, business leaders are facing a new set of circumstances and pressures, and a new collective cadre of workforce players. Amid the Great Resignation and the economy recovering from the two-year pandemic, employees are wanting business leaders to prioritize their well-being and mental health. According to recent research conducted by global education tech firm Cengage Group, 89 percent of
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Out-of-touch leadership is a meme. Out-of-touch employees are a meme among leaders and managers. The “us vs. them” divide couldn’t be any more real. It’s our job as leaders to build the bridge. So you’re an emergent executive. Embrace that you probably won’t be seen by your team for who you are, no matter how
Is Vladimir Putin using a policy of what US and NATO officials call “slow annihilation”[i] on the Ukraine? And if he is, why is he doing it? Why are Putin’s troops performing what even Putin-lover Donald Trump calls a holocaust?[ii] Vladimir Putin’s first week of war in the Ukraine did not go well. Putin
Full disclosure, my favorite leadership book of all time is The Leadership Challenge by Jim Kouzes and Barry Posner. The book is in its 6th edition, sold more than 2 million copies, and translated into 22 languages, so I am not the only one who feels this way. I was introduced to this work in
In an uncertain world, innovation plays an increasingly prominent role in driving value creation. Elastic innovation has blossomed, sustaining organizational resilience and adaptability. Shortened business cycles displace market incumbents at a faster rate than ever, manifesting in disruptive innovation that fuels a start-up boom as well as constant disruption and reimagining of existing business models.
With the emergence of the Great Resignation, the turnover rate at companies nationwide has spiked. This creates a workplace climate where many employees are willing to leave their jobs if they don’t feel valued—and Employee Appreciation Day (March 4), presents an opportunity for employers to ensure their teams feel heard and appreciated at a time
Marketing people not only wear many hats, have unique skill sets, and are creatives by nature. They also live and breathe by nuance. Talking to marketing professionals is like knowing the technical jargon of coders or the medical terminology of physicians. However, most businesses don’t know the lingo of marketing. They think words like
We continue to stand at a crossroads in the world of work. As a result of the past two years of adapting and evolving, organizations globally have charted new business and talent strategies, and this has had a significant impact on the direction of reward programs. During this time, Korn Ferry has gathered insights into
World peace is now under siege by what some call an invasion of a sovereign country. Global citizens feel powerless under the inability to give a hand to Ukrainians, whose lives have forever changed. Global consumers see this as an opportunity to express their sentiment by avoiding the consumption of Russian brands, whatever they may
Executive coaching is a journey of self-discovery; the coach enables the individual to see themselves in a new light. It is the root of behavior-based coaching; it focuses on performance, the choices, and the actions the individual makes. The results can be both transactional as well as transformative. There is a caveat, however. The results
There’s no skirting around it, the travel industry was among the hardest hit at the onset of COVID-19. According to International Air Transport Association, the global airline industry incurred net losses of $52bn in 2021 and is expected to lose an additional $12bn in 2022. The total number of passengers at Canadian airports dropped nearly
Ted Lasso, the sports comedy-drama series, can make anyone a better leader, if you can stop laughing long enough to pay attention. At first, I was just enjoying the comedy and the setting in London, but after a few episodes I started to experience something deeper. Apart from earning more Emmys than any other debut
As topics about the future of work continue to dominate the media, the conversations often revolve around technological advancement, work-from-home, a post-pandemic future, or other similar big-picture issues. When we zoom into a workplace, we find adaptable people who can learn the new skills necessary to succeed. What we’ve failed to focus on enough is
However unintentionally, the pandemic has unearthed an opportunity that benefits both employers and liberal arts colleges. A recent report by Bain & Company starts with a well-known observation —employers are struggling to fill jobs, especially those that demand “specific skills and experiences that can be hard to acquire and demonstrate.” The report calls for higher
In a survey I conducted of 190 leaders last December, a whopping 83% of respondents said that what they were most looking forward to over the holidays was a break from work and the opportunity to spend time with family. And it’s no surprise. According to recent Harvard Business Review research, the majority of employees
Yes — the need for digital transformation and overall business innovation is undeniable. Regardless, pursuing these opportunities requires a careful balancing act. Rhett Power discusses a few ways business leaders can balance business innovation with operations when focusing on digital transformation. Nearly the whole world moved to remote work back in 2020, and organizations responded the
Janet is a young lady with lots of talent. She is a middle manager with the potential to rise quickly in her organization. The problem is that Janet’s boss, we’ll call him Tom, has been trying to “hold” Janet accountable. Tom is like most managers and leaders in that he believes that to get his
Establishing and growing a successful business organization requires the collaboration of various aspects. Some of these elements include but are not limited to proper financing, great strategies and ideas, and passionate employees. However, leadership is very crucial to ensure the appropriate management and mix of these elements. In addition, leadership entails guiding and supporting others
Since April 2021, we have seen an unprecedented wave of resignation, dubbed the Great Resignation. According to the latest report from the U.S. Bureau of Labour Statistics, showed that more than 4.5 million Americans, or 3% of the workforce, voluntarily quit their jobs. The millions of people who left their job altogether had good reason,
It’s a billion-dollar industry and at the top of everyone’s mind and the tip of everyone’s tongue… CHANGE. From change management, change initiatives, change innovation, managing change, implementing change, leading in change, and change discipline, we have all been through CHANGE! I’m not about to win the debate for a shift from CHANGE doctrine to
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