Everyone’s talking about the Great Resignation and the pressing need to hire. But what about the employees who have decided to stay? Far less attention, if any, is being given to this loyal cohort of ‘remainers’ who are helping businesses stay afloat. This is a serious oversight that could, if left unchecked, drive even more people to quit. It’s the
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Sometimes a little healthy pressure can go a long way. We’ve all felt it—the boost in motivation and focus when we’re staring down a challenge or performing in front of an audience. It’s why athletes reach their peak in competition rather than practice, and why many said the lack of spectators at the 2020 Tokyo Olympics hurt their performance, rather
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On its own, problem solving is an undeniably powerful soft skill. The ability to solve issues quickly and effectively remains in demand by employers and employees alike, especially during the pandemic’s prolonged uncertainty and ever-changing landscape. It’s no wonder that in its latest Pulse of the American Worker survey, Prudential found that problem solving was one of the top three
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In the startup world, failure is typically seen as a good thing, in the sense that if you’re not failing then you’re not really pushing the boundaries far enough. Even in that world, however, most of the lessons and case studies tend to be of those entrepreneurs who succeed rather than the many who do not. “Despite nine out of
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Some businesses ride or die on strategy alone: If culture stands in the way of strategy, then strategy goes out the window. Really, though, the two are interdependent functions of the same mechanism. Strategy sets the direction, but implementing projects efficiently depends on a solid, healthy company culture. Culture should be integrated into every aspect of business strategy, and at
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When you’re running a business—small or large—it’s not just about creating quality products and services that will keep consumers coming back, it’s also about your core values as a brand in the overall marketplace. Your first line of defense to keep the momentum going and build a positive reputation in the industry is through the employees who represent your establishment
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If you already have a work team, these tips are also for you, as they will help you to enhance the skills of your team, both individually and collectively. Forming a successful and committed work team is one of the most important challenges that can exist in a company. Every organization must ensure that it has professionals in the right
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Work-related stress has become more commonplace since the onset of Covid-19. A study released earlier this year found that 48% of employees experienced high to extreme stress over the past year, a 7% increase over the last two years. Whether this high stress has been caused by heavy workloads, demanding management, lack of work-life balance, an uncertain economy, health concerns
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Different people are destined to different career paths. But ideally, over time, you will take on bigger assignments and more responsibilities that will help you get to where you want. As a CEO of more than 15 years, I’ve helped hundreds of people navigate their professional journey. My best advice is to seek out jobs and opportunities that will help
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If you manage other people, the first thing you need to understand is that your success depends on their success. The more you empower your employees, the more they will grow and thrive. Here are ten specific ways to do this: Give employees generous boundaries. Contrary to conventional wisdom, boundaries don’t restrict team members; they empower them. Define the boundaries within
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