More and more organizations hire entrepreneurs whose purpose it is to either create, build, innovate or restructure and ensure faster organizational development or growth. By using entrepreneurs to take control of and accelerate development, companies whose foundations are based on strong intrapreneurial values attract like magnets candidates with those same values.
Technology is not a nice-to-have for the millennial generation; it's a deal breaker. And considering that by 2030 75 per cent of the workforce will be millennials, it's something to take seriously. Millennials' technology expectations, coupled by their social media, mobile computing and app usage, are spreading into the workplace.
Although the Toronto Blue Jays didn't go all the way this year, they clearly didn't lack character. Character, of course, is a loaded word. Like competencies and commitment, we know it is essential for individual, team and organizational success. But what exactly is character? And what about it leads to success?
Every week there are hundreds of management books written and published. But do yourself a favour, and instead of buying another guru's latest book, revisit your child's bookshelf, or the children's section of your local library or bookstore. Many of the classic tales contain all of the management advice you'll ever need.
The organization, at large, will eventually need to wake up and realize the very structures that have lasted for decades are inhibiting them and stifling their ability to effectively understand and pay attention to their customers. This is what the market demands. Yet, companies continue to operate under the guise that what's worked for decades can and will subsist.
As a business owner, my employees' health and well-being is important to me. I know that a healthy workforce is a productive workforce. Here are a few suggestions on what we all can do to make our workplaces better for those who are living with mental health issues and in turn increase productivity.
It can be challenging to find the time to suggest to an employee that they either speak up or speak less. This individual approach can lead to resentment and further encourage behaviour that lies at opposite ends of the scale. A key thing to realize is that it would be uninspiring to lead a team where everyone was the same.
The only constraint when a corporation decides to work on its credibility is the time, and in business, time is cash. People do not realize how long it could be to build a credibility sound enough to help them to get out of a crisis situation or to build a relationship with stakeholders. We often say that it takes years to build credibility and it takes hours to lose, and it is so true.
These companies are going to have to counter a major disruption with a major disruption of their own. Most of the retailers who are in trouble are tinkering around the edges: a few more glitzy end aisle displays here, another rebrand there. Stripped down to its simplest form, these stores are glorified shelvers of stuff.
Business is global and more competitive than before and managers' loyalty is to the bottom line (and their bonuses). When spending 10 or more hours together in the workplace, relationships (romantic and otherwise) are bound to result. So, here are 10 reasons why a boss/employee relationship is not a good ide.