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The professional advantages of a lateral move
Catherine Iste Business Management, Services & Risk ManagementLateral moves used to be synonymous with taking a step backward. However, with the fundamental shift away from 40 years working at the same employer and retiring there, every aspect of the traditional employer-employee relationship is being questioned. Recruiters who used to frown upon multiple positions on a 10-year resume now look at it as an asset. Similarly, employees who used to think up was the only way to go are realizing career growth can follow multiple paths. Here are three advantages of making a lateral career move.
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Infographic: How to be a highly effective leader
Brian Wallace Business Management, Services & Risk ManagementWe all know there's a difference between a boss and a leader, and it shows: 94% of people with a great boss say they are passionate about their job, while only half with a bad boss say the same. Furthermore, while 70% of employees say their manager is good or great, two-thirds of people have left a job or plan to because of their boss. So, what does it mean to be a great leader? And how can you make sure you’re leading and not merely managing? Check out this infographic for more information.
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BMI for board practices
Robert C. Harris Association ManagementI recently had an ultrasound body mass index (BMI) test. BMI is derived by analyzing the mass and height of an individual. It revealed, as expected, that I could lose some fat and build some muscle. Is there a BMI for boards? Good governance can be quantified. Best practices can be measured. Let’s call it the GMI: governance measures index. If directors know their metrics, they can make continuous improvements and use the numbers to justify change.
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Infographic: Solving the growing problem of employee turnover
Brian Wallace Business Management, Services & Risk ManagementTurnover is a major challenge for business leaders, and with historically low unemployment, it’s only getting worse. The high demand for talent has led to "ghosting" from candidates who accept a job and then never show up after they get a better offer somewhere else. Employee turnover is time-consuming and expensive, but you may have a secret weapon: benefits. Learn how the right mix of benefits can improve turnover by up to 138%.
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What does the Fed’s interest rate cut mean for businesses, workers?
Seth Sandronsky Civil & GovernmentEconomic growth is slowing down. The growth in the nation’s gross domestic product declined to 2.1% for the second quarter of 2019 compared with 3.1% for the first quarter. In part due to this slowdown, the Federal Reserve’s Federal Open Market Committee cut the federal funds rate by a quarter point from 2% to 1.75% on Sept. 18 to bolster economic growth, the labor market and price stability, in keeping with the mission of the central bank. What does the Fed’s move mean for business and workers?
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Infographic: How to use tablets for business
Sonali Datta Science & TechnologyThe rise in tablet technology is ushering in innovations to increase user productivity, drive workflow efficiency and improve the overall customer experience. Modern and sophisticated tablet usage has facilitated cost reductions for the enterprise and improved business functionalities. However, at the same time, companies cannot ignore the impending challenges that tablet usage brings along. Take a close look at this infographic to understand how tablet usage is influencing work environments and how a solid mobile device management (MDM) solution can help secure tablet data at your business.
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Are mission statements actually important after all?
Catherine Iste Business Management, Services & Risk ManagementMany of us have a love-hate relationship with mission statements. For leaders, they can be valuable tools to keep a large organization, multiple offices or a new company focused on the same core ideas. For consultants, advisory firms and organization development experts, they are often the starting point for developing strategic plans, repairing negative issues or building corporate culture. Yet, unless the organization is in some sort of transitional phase, mission statements often collect dust on the shelf. Some recent research, however, underscores the importance of the words used in mission statements.
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Should your company have a political expression policy?
Terri Williams Business Management, Services & Risk ManagementPolitical discussions can turn heated in a heartbeat. At work, this may be energy that is better spent on work-related projects. On the other hand, political discourse can also lead to greater understanding and perhaps result in new friendships. Knowing that the former may be more likely than the latter, some companies are implementing political expression policies. But is this really necessary?
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Strategies for acing payroll at year-end
Grace Ferguson Business Management, Services & Risk ManagementThe intensity of payroll tends to increase at year-end, which is known as the most hectic time of year for payroll professionals. Without proper planning, things can go off the rails, leaving you with a slew of problems in the new year. To avoid this dilemma, follow these steps. For example, considering the huge amount of work that comes with year-end payroll processing, it’s best to start as early as possible — ideally, no later than the beginning of October.
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Why fooling yourself may be more harmful than you think
Roberta Matuson Business Management, Services & Risk ManagementPeople reach out to me daily asking for my advice. They tell me they want to fill jobs more rapidly or improve their retention rates, followed by all the reasons why no matter what they do, nothing will work. I even had one guy ask me, "Does what you do really work?" I replied, "I’ve had my consulting practice for 22 years. Do you think I’d still be in business if my clients weren’t better off having worked with me?" I then placed him on my list of people I will not be working with, as it was clear to me that no matter what I said or did, he’d never be happy.
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