As more people are getting vaccinated and fewer COVID-19 cases are being reported, things seem to be getting back to normal. I can see the eyes of CEOs and business owners light up when discussing the number of businesses reopening, workers finding jobs and shoppers visiting stores in person. Even so, it could take a
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Lots of companies think they take training seriously, but many don’t really know if efforts are working. Proof? When budgets need cutting, “it’s an easy target,” says Deanne Kissinger, director of talent management and engagement at Duke Energy. “When it’s difficult to quantify the impact of a development program, it’s hard to find the reason
For many high-net-worth individuals, protecting their estates from both taxes (during life and at death) and creditors is of paramount importance. People in higher-profile occupations, such as business executives, can easily become targets for litigation either in their personal or professional lives. While trusts have always been effective instruments to protect against taxes and creditors,
For more, read our special report, “The Remarkable Power of Gratitude.” 1. It isn’t about money. “Money is compensation,” says Nelson. “Compensation is a right, recognition is a gift. Part of why recognition means so much is you don’t have to do it.” 2. Timing is everything. Nelson urges leaders to lose no opportunity to
Innovation ecosystems extend beyond startups to research and expert networks, which provide a great pipeline for futuristic and disruptive startups. Some examples include Vanderbilt University in Nashville, Ohio University, and Oregon State University, all of which support everything from technology development and commercialization to sustainability and entrepreneurship. Of course, the expected players are taking part as well: MIT is currently partnering
As the talent war continues to rage, CEOs want their human resource chiefs to spend more time finding, retaining and upskilling great employees, according to a new survey by Chief Executive and SHRM–the Society for Human Resource Management. But the survey, which polled 243 CEOs and 406 CHROs, also found CHROs wishing their CEOs spent
Talented executives are hunting for new opportunities to share their skills and are willing to shift to new companies. But not every applicant who responds to your recruitment strategies will be your company’s perfect match. You might need to update your hiring practices to attract and hire a long-term fit for your C-suite. Here are
For more than 20 years, Chester Elton and his co-author Adrian Gostick have been studying and writing about corporate culture while coaching thousands of CEOs at businesses large, medium and small. Across all of this, they’ve stumbled upon a single constant among all the top performers, one that might not be what you’d expect. “As
The pandemic recovery is finally in full swing. But the huge increase in online shopping over the past 18 months coupled with ongoing supply chain disruptions across multiple industries means that many businesses aren’t yet in full control of their destiny. As someone on the frontlines of the retail and manufacturing industries, I have seen
In a rebound from the pandemic and fuelled by enormous government stimulus and stored up consumer spending power, companies are hungry for opportunities to invest and grow internationally. For US firms, the world can look like a challenging place. Whatever it may feel like to those based there, the US routinely comes in as one
Digital Transformation (DX) remains on the top of the strategic plan for most CEOs worldwide. According to Forbes the majority of significant digital transformation will be implemented over the next two years. Nordstrom committed more than $1.4 billion in technology capital investments to enable rich cross-channel experiences and grow digital penetration to 45% over time. The
It’s easy to assume we know what they want due to a dangerous judgment error termed the false consensus effect. This problematic mental blindspot causes us to perceive others who we feel to be in our team as sharing our beliefs. That’s often not the case. The false consensus effect is one of over 100
While many businesses made it through the pandemic intact, it’s clear the human toll was significant. Look no further that the 2021 Edelman’s Trust Barometer that reveals “an epidemic of misinformation and widespread mistrust of societal institutions and leaders around the world.” Nearly 40 percent of workers, according to HRD Connect, indicate that they have become frustrated
With the normal pressures of work compounded by the pandemic, stress and burnout are proliferating in the business world. Even before Covid-19, stress and burnout were ravaging the health of Americans. The number of hours worked is said by the non-profit American Institute of Stress to be the main source of job stress and this
The population is increasing. Houses are getting smaller. So, people want to design their spaces with limited resources in the best possible way. That’s why the demand for interior designers is only going to increase. Having a decent understanding of colors and textures is key. But as an interior designer, you should also be proficient
Being the boss and being a leader are not synonymous. The DNA of a great leader can leave a lasting impression of greatness on a marketplace, within an organization, and upon individuals that will live on well beyond their presence. Leaders are both organic and grown. Beyond the rhetoric of so-called experts and the sensationalistic
According to an Ernst & Young survey ‘The power of many’, 90 per cent of companies agree that their organisations’ problems are so complex that they need teams to tackle them. And the amount of time spent collaborating in teams across organisations has increased by around 50 per cent in 20 years according to the
As a young child I always had a passion for buying and selling. Long before my 10th birthday I started finding and selling golf balls, then bikes, skateboards and, by the time I was 13, I was buying and selling gold, diamonds, artwork and cars. After university, that passion continued and I started buying shares
Humans have been baking since 600 BC. While it was a necessity back then, it has now evolved into an art form. Back then, baking was only limited to making simple essential bread. Now you can bake rich and indulgent pastries. Different ingredients and techniques are needed to make different bakery products. Bread and cookies
Going to an interview will always hide surprises. No matter how well prepared you are for the critical appointment with your interviewer, there is no way they will not come up with something that will catch you off guard. As the conversation and initial introductions move on the team will become slightly more casual and
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