Viewed in McKinsey & Company As a growing number of companies reflect on their obligations to society’s betterment beyond their traditional focus on providing desirable products and services at a profit, they need not look far from home. “Because of the connection between happiness at work and overall life satisfaction, improving employee happiness could make… More
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Viewed in Inc. Perhaps you are one of those executives, managers, or employees who is aware you have one or more of the following four work traits perceived to be (at best) unconventional and (at worst) dysfunctional: Procrastination, indecisiveness, an preference for self-isolation, or a preference for starting your work day late and working into… More
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Viewed in Bloomberg BusinessWeek The 2020-21 global pandemic has inflicted almost unfathomable direct and indirect costs on the global economy that extend into trillions of dollars. And, on an individual basis, it has cost millions of jobs globally and inflicted less easily measured costs, such as increasing anxiety and depression diagnoses globally and escalating emotional strains… More
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Viewed in BCG How important does management consulting giant BCG believe data will prove to today’s companies? Data is “akin to oxygen in most industries, and companies know they need to build core capabilities in order to capitalize on it,” the firm writes in this November 17 report. With a corporate asset and function that… More
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Viewed in BCG Boston Consulting Group (BCG), currently the world’s second largest management consulting firm, takes a close look at the ongoing challenge of inclusiveness in work environments in this survey and accompanying article, and it includes some good news: In an age where a sense of inclusiveness is important among employees, the firm’s October… More
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Viewed in McKinsey & Company The role of a chief executive officer in the 21st century is a challenging one. Looking for something even more challenging? That likely would be serving as a CEO for a private equity-owned portfolio company. More private equity-owned companies With private equity’s growing prevalence in corporate ownership, it is a… More
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Viewed in Spencer Stuart Chicago-based global executive search firm giant Spencer Stuart needs little introduction. An iconic executive search firm Iconic in the executive search and leadership consulting spaces, the firm took in over $450 million in revenue in 2019 and operates over 50 offices in some 30 countries. They also famously have recruited and… More
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Viewed in Inc. “Running a small biz is never easy,” Shark Tank star and billionaire Dallas Mavericks owner Mark Cuban told the National Small Business Week Virtual Summit last month. “But we chose this life,” he reminded them. Running a small business is challenging Even in the most normal times, what Cuban properly calls “this… More
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Viewed in Fast Company Most business leaders aspire to be seen as influencers in their respective fields and industries, or perhaps, on an even larger level, in the totality of global business. Being a compelling presenter is a centerpiece of being a leader But if a leader thinks this can be accomplished without being able… More
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Viewed in EgonZehnder Before 1990, the phrase “psychological safety” did not exist in business phraseology. Defining psychological safety In this EgonZehnder article the authors draw its definition from a book, The 4 Stages of Psychological Safety, by business strategist Timothy R. Clark, who defined it as “a condition in which human beings feel included, safe… More
Read more...Viewed in Data Science Central As data science evolves, artificial intelligence and machine learning is beginning to influence the vast majority of industry sectors. This is great news for knowledge workers; data science has become field blossoming with both job opportunities and promising opportunities for expansion in the years and decades to come. In this… More
Read more...Viewed in BCG Global management consulting firm BCG has taken a close look at compensation models and trends for inside sales personnel and concluded it is time for companies to take a fresh look at them too. Reason: Several factors may be rendering current models antiquated. To assess them, BCG partnered with the American Association… More
Read more...Viewed in McKinsey & Company We most definitely are in era where the idea of “reimagining things” has gained hold. Reimagining That includes, as this report by management consultant giant McKinsey contends, the way we work. There is, as McKinsey documents, historical precedent for these evolutions of this nature. “In the 1800s, the Industrial Revolution… More
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Viewed in Fast Company A voluminous number of studies have established fairly definitively that there is a clear correlation between an employee’s social skills and their success on the job, despite the fact that employees’ underdeveloped social skills continue to challenge many companies. There is, of course, the instinctual feel regarding an employee’s skills in… More
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Viewed in BCG On the whole, the global pandemic has already cost the global economy trillions—and that toll still mounts. Learning moments It also is proving a learning moment for most companies as they identify new opportunities and challenges. Like many business thought leaders, management consulting firms, especially the biggest ones, are tending to predict… More
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Viewed in Russell Reynolds Associates There seems a singular common denominator running through most business analysis and commentary these days: Business is changing rapidly and hugely, and it will never again be the same. For the most part, it is the global pandemic, which now has taken over four million lives, that is cited as… More
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Viewed in EgonZehnder Pretty quickly into the emergence of last year’s global pandemic, global management consulting and executive search firm EgonZehnder sensed some fairly seismic moves were underway in the direction of global business. They responded by doing what any exceptional management consulting firm would do; they sought out the facts related to these changes…. More
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Viewed in Spencer Stuart One of the many crucial roles of the corporate board is the successful management of CEO succession planning, and the task is becoming more complicated and more urgent in our evolving corporate world. Spencer Stuart, one of the world’s leading executive search firms, has long been a thought leader on this… More
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Viewed in Deloitte Insights As far as generational surveys go, this one by Deloitte Insights is impressively large and insightful. Deloitte Global assessed the perspectives and attitudes of 14,655 millennials (those born between 1981 and 1996) and 8,272 Generation Zs (those born between 1997 and the early 2010s). Pandemic: A defining life moment Likely similar… More
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Viewed in Fast Company When Harvard College career adviser Gorich Ng set about to author his book, The Unspoken Rules: Secrets to Starting Your Career Off Right, he did not assume to have all the answers. Instead, as a former Boston Consulting Group (BCG) employee, he did what any good management consultant would do: he… More
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