-
5 ways to show your employees you care
Simma Lieberman Business Management, Services & Risk ManagementSince the end of February, we've been dealing with COVID-19, shelter in place, work from home, social distancing, less contact, and an ever-increasing awareness of racial inequities in the workplace, the community and across the globe. What worked before will no longer work in the same way. It's not enough to do one-time training on leadership, inclusion or communication. Employees want to know that that their organization cares about them.
-
5 ways entrepreneurs can survive and thrive in a VUCA world
Wayne B. Titus Business Management, Services & Risk Management"Volatility, uncertainty, complexity and ambiguity." When the U.S. Army War College first introduced these four words in 1987, it drew on the leadership ideas of Warren Bennis and Burt Nanus to describe the effects of the end of the Cold War on the world. Since then, both world leaders and business strategists have applied these terms to reflect the relative chaos and instability caused by other world events.
-
Overwhelmed and overworked: 8 out of 10 employees struggle to keep up
Terri Williams Business Management, Services & Risk ManagementMillions of Americans are currently out of work, so those who still have jobs are feeling grateful just to be employed. However, these workers also report feeling overwhelmed by the amount of work they're doing. A new study by VitalSmarts reveals over half struggle to say "no" when they've hit their project threshold, only about a third successfully negotiate their workload as needed, and fewer than 30% successfully manage urgent requests so their to-do list won't be wrecked.
-
Measuring technical debt to manage it
Michael C. Fillios Business Management, Services & Risk ManagementYears of experience working in finance and technology with small enterprises has shown that business leaders face real challenges managing the technology their companies need to operate effectively and stay competitive. This is especially the case for small and mid-sized businesses. The challenge has grown in recent years as businesses have adopted technologies to meet the changing expectations of their customers and to compete for advantage in the digital world.
-
Report: Manufacturers and distributors neglect key cybersecurity activities
Jerry Murphy ManufacturingLess than 40% of respondents in Sikich’s 2020 Manufacturing and Distribution Report said they perform important data breach prevention activities, such as penetration testing, phishing exercises on employees and assessments of vendors’ data security efforts. However, manufacturers and distributors remain vulnerable to breaches. Nearly half of respondents said their companies experienced cyberattacks during the past 12 months.
-
Mass adoption of remote work could result in a $700 billion economic benefit
Terri Williams Business Management, Services & Risk ManagementThe pandemic has forced many employees to work from home. And even when the coast is clear (although it might not be clear for a while), some employees will continue to work from home. According to Kate Lister, president of Global Workplace Analytics, a research-based consulting firm, working remotely is advantageous to both employees and companies.
-
Decision crossroads: Restart your travel business or let it die and move…
Anne Rose Travel, Hospitality & Event ManagementThe world is struggling with a pandemic that has had catastrophic effects on human life, our society, our sense of security, and our sense of connectedness. And the travel industry, which employs millions, has clearly been decimated. Those of us in the travel industry are at a crossroads. Do you embark on a path to resuscitate your moribund travel business? Or do you let it die and move on to something else?
-
Study: A look at how consumers are making real-time purchase decisions…
Lisa Mulcahy MarketingAs a marketer, you understand that many factors go into the way families decide to purchase a product or not. Before COVID-19, consumers had ample opportunity to plan ahead for a large purchase. Now? Changing conditions regarding employment, lockdowns, and budgeting stringently means millions of consumers must make many buying decisions on a day-to-day basis. Fascinating new research can help you gain insights into purchasing behaviors during the pandemic.
-
IMF predicts small business bankruptcies may triple as workers brace for…
Kevin Reynolds Business Management, Services & Risk ManagementCalifornia took some people by surprise recently when Gov. Gavin Newsom ordered the largest rollback of reopenings in the country. Proceeded by Los Angeles moving to online schooling for a large portion of the fall semester and closely followed by individual counties leveling their own, stricter precautions, Newsom’s order was part of a slew of indicators that all said the same message: the coronavirus is not going away.
-
How to build a smart agenda
Robert C. Harris Association Management"We've always done it this way." It’s a reply to, "How did you design the board agenda?" An agenda's purpose is to an efficient board meeting. It is created in partnership by the executive director and chief elected officer. Essentially, it is a list of items that need to be addressed. A frequent problem is getting bogged down, running out of time to complete the work.
All Business Management, Services & Risk Management Articles