Someone once said that the prospect of a firing squad concentrates the mind considerably. Employers have discovered how true that statement can be as they have faced the alarming reality that over 33 million Americans quit their jobs in 2021...
Attracting talent is expensive; replacing talent costs far more. There are those who emphasize increasing pay and it’s true, people often leave for more money elsewhere. Nevertheless, people are often reluctant to move and only do so when their needs are not adequately met...
The Cost of Avoiding Loss at All Cost Loss aversion stymies progress in organizations. It acts as a drag on innovation, growth, retention, talent attraction and profitability. It stems from the notion that avoiding loss is more important than any of these qualities. Therefore, it suggests that the existing available outcomes can only be reduced by loss and no gain is possible...
Who is the least powerful person in an organization? Would you think me crazy to say the senior leader? Given most organizations’ complexity, would it be safe to say that…
A reporter asked me the other day about the impact of a growth vs fixed mindset at work. She wanted to know: What do you wish all teams knew about cultivating a growth mindset? What are some key differences between a growth and fixed mindset at work, and why are they important? ...
We have all heard the tales of awkward holiday dinners caused by bad feelings among family members. Still, people can usually hold their nose to endure one afternoon and evening. But what if those same family members had to meet again, day after day, running a business?...
The last time I looked for a job, it was in the 1990’s. In spite of that, LinkedIn pushes job openings at me at a furious clip. The fact that I am well over 50 doesn’t seem to matter at all even though for years, being an older worker received little consideration in the DEI mix...
The founder had worked tirelessly to get his “baby” to a point where it had finally broken into the black. Try as he and the other family members might, they struggled to get a handle on their expenses...
Reading the business blogs these days, it has been difficult to avoid the word burnout. Times of uncertainty tax our systems. It’s a little like being outside in the cold without a coat. As the temperature goes down, we must use more of our energy to maintain ourselves properly...
The plucky state bank had performed steadily over the years in its northern region. The founder saw the opportunity to grow and began making plans to expand the bank’s footprint. Competitors were wary of the little bank and opposed their effort...
