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…
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.…
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…
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…
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…
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…
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.…
For the first time in history, there are 4 generations of people working together in the marketplace. Working together is more challenging than ever with so many different generations at work at the same time. Working well together with fellow…
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,…
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…