The worldwide economic recession is still affecting the success and prosperity of businesses. The negative effects of the tough financial and economic decisions that companies have had to make are apparent in the levels of employee engagement. The smaller the business, the more stark the impact can be as there are fewer layers between the […]
Holiday gift buying brings increased traffic to most retailers. However, with the increased revenue and sales often comes increased security concerns. If you own or manage a small business, you know how theft can really impact your bottom line. As we head into the holiday shopping season, it’s time to consider measures for thwarting would-be […]
Adaptive leadership involves telling people the hard truth and asking them to sustain losses, therefore adaptive leaders invariably provoke resistance. Flower (1995) writes, Some resistance strategies are well known and rather obvious, such as scapegoating, externalizing the enemy, or killing off the leader in the hopes that if only we had the right leader our […]
While most challenges contain both technical and adaptive aspects, it is critical to distinguish between those two elements. Otherwise all too often adaptive challenges get treated as if they are technical problems and do not get resolved. According to Heifetz et al. (2009) technical problems share the following elements: existence of known solutions, made feasible […]
I‘m thrilled to share with you the first of a six part series authored by Susanna Katsman, a former colleague at Harvard University. Susanna has an impressive background in management at the University and she is currently working as a Program/Training Specialist leading a cross-school effort to create a comprehensive and efficient onboarding experience for the […]
The challenging economy has had a negative impact on many businesses. Decreased cash flow is one of the most common complaints. Less cash means tighter budgets. One of the first line items companies slash are employee raises. “Freezing” salaries comes with its own set of consequences – and employee dissatisfaction tops the list. What can you do as an employer to not only retain your valuable employees, but also keep them content? Get creative.
Many businesses face uncertainty at times, and this can lead employees to feel unsure and unsettled. News about the economy, downsizing in the company, or input from others in the organization can cause employees to have a bleak outlook. The last thing human resources wants is increased turnover due to a rough patch in business or a dip in revenue.
More and more these days, leading companies offer wellness programs for their staff. Why? Because they know that employees living a healthy, balanced lives are more productive in the long run. According to recent research, there is a direct relationship between modifiable lifestyle risks and lower worker productivity…
To micromanage based on the dictionary definition means “to manage especially with excessive control or attention to detail”. I know that you know that but I think it is so important to get that clarity.
One of the key factors to the success of any business is how hard its employees work to surpass the goals of the company. In order for this to happen, however, the company’s employees should have a high level of accountability for the work they are doing.