The world is always changing, but the past few months have accelerated the rate of these changes significantly. While many companies have been incorporating remote work as a key part of their models for over a decade, recent events have made this trend a necessity. In many ways, this sudden...
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The business landscape has been rapidly evolving since the advent of high-speed internet, video conference platforms, and other technologies. And as the world economy becomes more connected, companies face new challenges and opportunities when it comes to hiring and retaining talent, developing future leaders, keeping teams together, and streamlining operations....
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A motivated individual can accomplish many things. But we all have our limitations. This is in part why specialization and division of labor are so crucial to a thriving enterprise. If someone falls short on a given day, someone else can pick up the slack and keep things on course....
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Delivering criticism to a team can be a significant cause of leadership stress for many leaders. It’s not always easy to find the proper balance between sugar-coated comment and pointless put-down. But when someone makes a mistake, requires correction, or falls short of their duties, ignoring or obfuscating the issue...
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A business may succeed or fail for a variety of reasons. While entrepreneurs must take risks to reach a level of success, they don’t want to rely on luck or extraneous factors to keep their ship afloat. Likewise, business leaders don’t want to be blindsided by a problem festering underneath...
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No one enjoys giving or receiving negative feedback. Those on the receiving end might feel small and incompetent, while those dishing it out might feel they’re being too harsh … or not harsh enough. No matter what, both parties feel uncomfortable. However, giving feedback is a crucial part of employee...
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The key to personal growth is honest, constructive evaluation. The past few decades have seen the rise of a mindset that casts every individual as equals, not just in opportunity, but in outcome. While few deny that people should be treated fairly, we’re starting to see the negative consequences of...
Read MoreEveryone wants to earn more. No surprise there. Money can certainly incentivize employees to work harder, seek promotions, and clinch more commission-based sales. However, compensation has its limitations when it comes to how managers motivate employees. Why is this? And what else can managers do to encourage hard work and...
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