Millennials have been struggling to generate wealth when compared to previous generations, with the average Baby Boomer holding up to 7x the wealth of Millennials at the same age. Add in the pandemic, and financial futures of “the unluckiest generation in U.S. history” are grim. According to a recent survey from Deloitte, two-thirds of Millennials
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Americans are leaving their jobs at an alarming rate. With 95 percent of workers considering changing jobs and 92 percent saying they would switch industries to find the right position, (Monster.com), this mass exodus has even been given a name: “The Great Resignation.” Employees became accustomed to remote work during the pandemic and, now that
Over the past year, we’ve seen a long-overdue call to not only acknowledge but take action to address long-standing structural inequities. So, we were curious to understand: what progress have organizations achieved in advancing diversity, equity and inclusion (DE&I) in this time? And, more importantly, what is (and isn’t) working when it comes to advancing
What impact does CEO reputation have on your company? Traditionally, the CEO plays a central role in setting vision, driving strategy and communicating company value. But what about the CEO’s reputation? After all, as long as the organization stays on track, does it really matter how the public feels about its chief executive? If the
Executive teams face unique challenges. The organization’s business strategy and architecture (structure, processes, and culture) are both shaped by them and shape them. Team members have large individual jobs, with accountability for significant amounts of financial and organizational impact; they also tend to have big ambitions and are often in implicit (or explicit) competition for
Tony Robbins says that people are motivated by different things. One of them is uncertainty: enjoying the challenge of not knowing what’s ahead; variety if you will. Others are motivated by certainty and the reassurance it brings. In today’s world, I would wager that even the former group may be overwhelmed by the current level
In my recent book Win, Win, Win: The 18 Inclusion-isms You Need to Become a Disability Confident Employer ( Win, Win, Win Book) I provide 18 tactics anyone can apply to become an inclusive, welcoming leader. As helpful as that is, the hiring challenges small businesses are facing immediately after Covid and beyond – are near crisis level.
One of the biggest success stories from the pandemic has been the growth in e-commerce, fuelled by lockdowns and recession in America. There is a growth in demand for discounted goods from consumers in the U.S., which sellers are keen to source from low-cost destinations like China. Cross-border selling on marketplaces, such as Amazon, Etsy,
Do you know how 3D printing has revolutionized the world? How did this Design thinking shape up? Interesting query! Innovative products and designs are an outcome of rationalized out-of-box thinking, foresight being its progenitor and often centred on users or stakeholders. It is evolutionary in terms of the designer’s perception, moving few steps ahead into
Have you ever been in a situation where you wanted to speak up, but didn’t? No matter what, I’m sure there’s been a moment in life where your in-action, or having somebody else brush you off, made you feel small. Maybe you got a promotion, but were too afraid you’d be seen as “bragging” if
In a couple of weeks, it’ll be my seven-year anniversary of joining my father Ray Boorojian at WaveCapital Partners, LLC. What an incredible journey it has been for me throughout my professional maturation thus far at the company. Working with a family member is not an education you’ll get anywhere else, neither in college nor
Great leaders regularly discuss diversity and inclusion while taking progressive action to create such a culture in the workplace. A newer trend adds neurodiversity into the discussion, in cases of both identified and unidentified neurodiverse employees. Social awkwardness, previously attributed to the neurodiverse community, is the new norm in this era of working through a
On March 23, 2020, the S&P 500 bottomed out. It dropped 34% from the mid-February 2020 high to the bottom. In fact, such a drop has never been seen before in that intensity. While the S&P 500 dropped 50% in 2008 at the start of the Great Recession, this drop was more intense. The distance
In April 2020, just one month into the U.S stay-at-home order, U.S divorce rates increased by 34 percent – with 20 percent of those couples having been married for five months or less. According to a statistic shared by Health Street, 4.5 million marriages ending in divorce are due to substance abuse, with alcohol and
Earlier this year, Glencore legendary CEO Ivan Glasenberg retired after 18 years at the helm of the largest mining company in the world. During his tenure, the company’s stock went up and down, with an overall performance between 2002 and 2020 of -16.8% on a cumulative basis (Glasenberg is also credited with taking the company
From the way I lead my business to the way I raised my three sons, nothing has shaped me quite so much as the people and culture I come from. My formative years made me the person I am today, and that includes the way I lead my team as President and CEO of SKYDEX.
The executive team of Etres Technologies spent the last year discussing a strategy to offer a new product into its current market. This new “story of the future” had the potential to significantly benefit both customers and the business. After much planning, the CEO and executive team gave the green light to the initiative, and
I applaud the efforts of organizational leaders who take well-considered steps to promote the core values of respect and inclusiveness. But can we agree that sometimes just a few not-so-well-considered words will undermine even the most carefully designed, well-intentioned actions? It’s time that we re-think some overly common terminology if we truly seek to foster
Going for the GOLD and sustaining the Olympic Gold Champion Discipline is a story on greatness, recently I had the opportunity to discuss exactly that with the United States Olympic Gold Medalist Connor Fields. THANK YOU for sharing! Q – “Let’s address the obvious, what has it meant and does it mean to you to
The idea of a “new normal” has permeated the conversation among business leaders for more than a year. We use the phrase as shorthand to refer to life and business during and after the COVID-19 pandemic. But it’s time to drop this figure of speech. Not only is “new normal” a tired cliché, but it
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