Trust Leadership Expert,Organizational Development Pro, Coach and Mentor. School of hard knocks taught me resilience and people in my life taught me love.
Dr. Deborah Nixon has researched trust and its impact on individuals and organizations for over 20 years. She is the Managing Director of Mandrake Human Capital and Founder of Trust Learning Solutions, a firm that specializes in Organizational Development, Change Management, Leadership Assessment and Development, HR Strategies, Career Transition and Program Evaluation. She has worked nationally and has a particular love for working in the Canada's Far North.
Dr. Nixon is the Founder of MyMoneyMindset, a firm that helps consumers and financial professionals understand an individual's emotional relationship with money
People are talking about the recent article claiming that the loss of a job is harder to bear than death of a spouse or divorce. When the loss of work means more than the death of a spouse, then I have to question what has happened to our values and the meaning of relationships.
How individuals face these tough situations depends on their character and personality. Some are stoic and recognize that they need to make major changes in their lives and their assumptions. They get down to work and rebuild, creating something new out of what remains.
How an organization exits its employees is a demonstration of whether it lives its values or not. Integrity is what you do when nobody is looking. Integrity is also how you treat employees who are no longer part of your organization. Providing career transition support demonstrates that you value the contribution employees made to your organization during their time with you.
In interviews conducted by DPRA with Northern professionals, there were four key issues that were common to all situations: housing, access to training and development opportunities, limited access to services (in smaller communities), and social and lifestyle issues. What are some practical solutions for government employers?
To wisely and effectively recruit and retain talented staff is always a pressing need at all levels of government. The issues and challenges that governments are dealing with are more complex than ever before.
Trust is a core value and one which requires reciprocity and leadership. As such, it's critical that to gain trust, you must first give trust. If a Board wants to build a high-trust organization, then Board members must first ensure that they interact in a trusting, and trustworthy way with one another.
My oldest friend and I met in kindergarten. We have gone through everything together -- death, marriage, divorce, job losses, and childbirth. Yet, the one thing we don't discuss is money. How did it get this way? Money is embedded in our culture and in our lives.
My son is 16 years old now and when I look at him, my heart is full of pride at the wonderful young man he is turning out to be. I'd like to share this story of Zachary, which was written about him in our local newspaper in Toronto about Zachary's first business venture.
If you find yourself overwhelmed or stuck in making a financial decision, look inwards. This hesitance is a sign that there is an underlying issue you're struggling with. It can also mean that you are not considering the proper context. Are you too focused on the future and forgetting about today? Are you living according to your value system? Or conversely, are you so fearful of the future that you won't look at it and you live only for today? Either way, you're avoiding the real issue.
We hold those in positions of power to a higher standard, as we should. These are people whose roles authorize them to act in our name and on our behalf. However, we also recognize their fallibility. When those in power fall, and do so publicly, we look to them to make it right. How should leaders right the wrongs?
I've been thinking about feedback lately. As long as the feedback is positive, leaders are open to providing it. The difficulty is the delivery of negative feedback. When leaders find themselves in this situation, they become uncomfortable.
How often have you been burned by a business or personal relationship? I'll bet it happens more often than you want to admit. Research says that you do, as our levels of trust have been on the decline since the 1960s. The 2013 Edelman Trust Barometer ranks trust in financial services at 46 per cent, with advisors ranking the lowest in this sector.
My son couldn't wait to turn 16 because it meant he could finally get a job. He has applied to McDonalds three times, Tim Hortons twice, KFC, Cineplex twice, No Frills, Loblaws, golf courses (to do anything), coffee shops, Canadian Tire, FreshCo, Pizza Pizza, Wonderland, and City of Toronto. What I keep hearing from people is that my son is lacking the most essential of life skills -- the powerful network.
From an early age, we've all been taught that learning to save is a good life skill. It seems, however, that once the kids grow up, they reject this practice and spend, spend, spend. When asked what they would prioritize if they could only save for one thing, 43 per cent of people would save for a vacation before retirement. What are the solutions?
As I've grown in my career and in myself, along with so many women around me, my appreciation for the sisterhood has grown. Where women were my rivals they are now my supporters; where they competed in a win/lose environment they now look for mutual success. When and how did this shift happen in my life?
Within a year, my husband was dead. Thirty-seven years old, father of a two-and-a-half year old. My world shattered. What made all the difference to me was that life insurance policy. When I received my check, I cried with relief. That money was my lifeline and I don't want to think about what would have happened without it. It's a frightening thought.
Antonio Damasio, (2003, Looking for Spinoza) the renowned neuroscientist, has demonstrated the important role of emotions in decision-making. When we insist on removing emotions from our decisions, we are ignoring the emotional part of our decision-making process. Why do we choose to avoid emotion, especially in a business or professional setting?
Women: pay attention to your disconnection from your money. The average age of widowhood is 56. Women, you need to take control. What is important to realize, as well, is that this isn't an all or nothing proposition. Many of the women who were direct investors also maintained a relationship with an advisor. You don't have to make an absolute choice to go it alone.
Many of us hate organizing our financial lives but love dreaming about our futures. That might be part of the reason that only a third of women have a financial plan. It comes down to the myths we have built up about financial planning.
It's a Wednesday afternoon, two weeks before Christmas. Sarah decides to pop into the mall. She wasn't enjoying this. This is what obligation shopping looks like but it's also what emotional debt shopping looks like. This time of year is ensnares us in an emotional trap. Remind yourself that stuff doesn't heal anything. If you manage your emotions, you manage your money.