Once you’ve made some big plays and delivered on key milestones, the journey doesn’t end; you need to prepare to come back stronger. Being proud but never satisfied is an attitude. It’s a mentality where you always strive to do better. It doesn’t mean you don’t enjoy your accomplishments or don’t celebrate. But never being
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This is Part Two of a three-part series. In our earlier article on how executives can kick-start their companies’ diversity, equity and inclusion (DEI) journey, we noted that even DEI programs that have begun generating results will encounter obstacles, such as complacency or a loss of focus among executives. To address such hurdles, executives must
Have you ever worked for a leader who doesn’t handle stress well? Trust me, it’s not a great experience—and it certainly doesn’t bring out the best in people. On the other hand, working for a leader who responds well under pressure is a great experience. How leaders handle stress is one key way to sort
Cultivating authentic human relationships is crucial to honing your leadership skills. Even in an industry as seemingly snooze-inducing as accounting, invigorating leadership is indispensable. Jackie Meyer has worked with some lackadaisical bosses in her field over the years. She started Meyer Tax Consulting with the mindset that if she could lead with human connection and
BlackRock is the world’s largest asset manager, with some $9.5 trillion (that’s nine and a half million million dollars) assets under management at latest count. It may well hold a stake in your company. It more than likely manages assets for your pension scheme. CEOs and CFOs of companies in which BlackRock was invested used
It is not surprising to me that CEOs are joining the Great Resignation and leaving jobs in record numbers. Chiefs are making personal decisions about their futures and in some cases, decisions are being made for them. In my 35 years in government, business, and philanthropy, I have helped organizations to both survive and thrive.
The performance management process — and conducting performance reviews in particular — is often a source of frustration for leaders. And in a hybrid working environment, where it’s more challenging for leaders to directly observe their employees’ working habits and team interactions, the issue of how best to set and assess performance has taken on
There’s a lot being said right now about the “great resignation.” And rightly so. According to Microsoft’s 2021 Work Trend Index, two in five workers (41%) worldwide are likely to consider leaving their current employer within the next year. Meanwhile, the U.S. Department of Labor has spent several months reporting record-breaking numbers of US workers
With a net worth of $167 billion, the LVMH Moët Hennessy Louis Vuitton CEO Bernard Arnault surpassed Bill Gates to become the third richest person globally. The French businessman is the driving force behind some of the biggest luxury fashion brands in the world. The central rationale of this discussion is to explore more about
From labor shortages to supply chain snarls, worker safety issues to inflation, this is one of the most volatile, challenging times facing CEOs that anyone can remember. For Ed Bastian, CEO of Delta Air Lines, the degree of difficulty is all that—and more. When Covid struck, Delta lost 95 percent of its revenues in 30
Simply put, innovation is the creation of a viable offering. Its value construct requires identifying the problems that matter and moving through them systematically to deliver elegant solutions. Innovation is seen and felt not only at the product or services level but in the firm’s supply chain, processes, and its ability to promote learning and
With Covid-19 throwing a wrench into almost all organizations’ plans, it’s to no one’s surprise that a lot of the way we go about business has changed. Along with the “Great Resignation,” company leadership has faced new challenges, but none more so than retaining valuable staff. It is more important than ever that employees who
Patrick Lencioni is co-founder of The Table Group consultancy, a contributing editor for Chief Executive and bestselling author of several classics, most notably The Five Dysfunctions of a Team. At our recent Leadership Summit, Lencioni conceded that because of today’s “stresses on business and the customer and the economy and society, employees are worried, and
The pandemic was the catalyst for a series of harsh and unpredictable changes in industries ranging from real estate to food service to child care, health, care and beyond. And, one common denominator that has affected all these industries since 2020 is steeply declining employee retention. ILEC was started at the height of the pandemic
2022 is here and for companies the pandemic reality has continued. Most back-to-the-workplace plans have been delayed more than once, having to evolve with the latest twists on the roller coaster we are collectively riding. And now with the Omicron variant, the ride continues. The return to the office has been gradual, a dipped toe
Higher compensation is part of the ransom for dealing with the pandemic for most American companies and industries. So salaries, wages, benefits and perks will cost them more—perhaps a lot more—in the year ahead. The way CEOs and CHROs can make sure the Great Raise works to their companies’ advantage is to be proactive, creative
Have you ever heard the phrase, “he or she is a born leader?” I don’t believe that to be true. We are not born knowing how to be a leader. We learn how to lead from our culture, environment, experiences, parents, teachers, and even books. And, true leadership has nothing to do with titles or
The two-year onslaught of the COVID-19 pandemic, continuing with the rise of the Delta and Omicron variants, has taken center stage in every aspect of life, not the least of which is the consumer world. While vaccinations have helped re-open the door to public interaction, the virus still spreads, deaths mount, and many customers are
American healthcare is in crisis. And the ripple effects are impacting the competitiveness of our businesses. CEOs find themselves at a critical juncture: balancing the needs of employees with the company’s bottom line. How can we improve the fiscal health of our American-based operations and compete globally if the ever-increasing cost of healthcare holds us
If there is one thing the pandemic has taught me, it’s that “business as usual” no longer exists. Between navigating the many changes brought on by the pandemic to the current challenges of the Great Resignation, leaders in every industry are left asking “where do we go from here?” According to the Labor Department, a
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