Creative Destruction

Creative destruction is a concept used for explaining change in market dynamics characterized by new products, services, and techniques displacing or replacing old ones. In the wake of globalization and the digital revolution, the modern economy has been defined by…

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Upward Feedback: What Is It & Examples

Asking for feedback from your team or boss is hard. You open yourself up to criticism and put yourself in a vulnerable position in the workplace. However, it’s arguably even more difficult to provide authentic upward feedback to your superiors.…

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Managing Remote Teams

You may be one of the many managers new to managing a remote team as a result of our new normal of social distancing. Whether this will be a permanent shift or not, it can be challenging to ensure your…

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How To Delegate Effectively

Knowing how to delegate and do it effectively is more than just simply passing along tasks. Delegating is an opportunity to empower employees. It allows them to take ownership of promoting the mission, values, and goals of the organization. It…

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Unemployment & Recession: Cause & Effect?

Recession and unemployment seem to go hand-in-hand. For many individuals, unemployment describes their primary experience of a recession, as they are laid off or unable to find work. The two concepts are so closely linked in people’s minds, that many…

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Microsoft Teams vs. Zoom vs. Cisco Webex

We’ve seen a huge uptick in the usage of video conference apps since the onset of COVID-19. “I’m hopping on another Zoom call…” has become the new buzz-phrase in households across the world as millions of people have transitioned to…

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How To Persuade People Through Story

Think back to a conversation where you tried to persuade someone to your point of view. You used every fact and figure you could think of. You created a logical argument based on solid data. You used numbers and statistics.…

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US Business Cycle: Expansion & Retraction

The concept of business cycles may not sound like the most reassuring thing in the world (unless you’re an economist). If you’re a small business owner, or the employee of a larger company, the economy may seem like a vast,…

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Leadership Styles

Leadership styles may differ, but the goal is the same: to inspire people to achieve and maintain forward progress – both for themselves personally and for your organization at large. True leadership is not about prestige or self-image. It’s the…

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