Avoid the three key mistakes leaders make in a recession: don’t compete on price, don’t slash your marketing budget indiscriminately, and don’t jump on the bandwagon and align with majority opinions.
A flexible hybrid work model is the future of worker retention, and also benefits a company’s bottom line through increased productivity, employee engagement, and access to a wider talent pool with cost savings on talent.
Hybrid meetings can succeed with proper AV technology, a separate facilitator for remote attendees, and norms of behavior for in-person participants to engage with remote attendees, all of which requires effective training and feedback.
Companies that fail to invest in the work from home office of their hybrid employees will lose out on productivity, wellbeing, retention, collaboration, and communication, all of which will reflect poorly on their bottom lines.
Minimize hybrid employee time commuting by asking them to come in only for high-value face-to-face activities, such as intense collaboration, challenging conversations, cultivating belonging, and building weak connections.
Manager perceptions of hybrid work procrastination come from coordination problems. It’s the manager’s responsibility to fix them by learning the skills of managing an increasingly-hybrid workforce.
Remote workers are 9% more productive than office workers and willing to accept lower wages for the flexibility. To ensure remote work productivity, businesses should provide the necessary tools, training, and communication channels.
Intentionality, trust, autonomy, connection, and accountability represent the five keys to turning a traditional office-centric manager into an effective hybrid manager.
To optimize hybrid work arrangements, use the Big Five personality test to measure team member personality and have those high in Conscientiousness, Introversion, Openness to Experience, and Emotional Stability spend more time working remotely
The top leadership should establish clear success metrics for an organization’s hybrid work model, which need to be measured quarterly to ensure the model is effective and meets the organization’s needs
To maximize hybrid work productivity, any office-based activities must outweigh the burden of commuting. Hybrid employees should work mostly from home, especially on focused individual tasks, asynchronous communication, and video meetings.
Remote work innovation is fostered when companies establish techniques that support cross-functional connections, such as using collaboration software like Slack or Microsoft Teams to facilitate the exchange of new ideas.
We overestimate the extent to which others agree with us. That creates a sense of a false alignment with them in our heads. Behavioral scientists call this tendency the false consensus effect.
Work from home jobs for disabled people enabled by COVID resulted in employment rates for those wit disabilities rising to the highest level in a decade, and companies need to provide such jobs to take advantage of a diverse talent pool.
As the efficacy of older vaccines gradually fades, leaders should promote the newly-updated booster shots. This will aid companies in reducing sick days, minimizing PR fiascos, and facilitating stakeholder capitalism. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes why business leaders need to promote the new booster shots.
For investors, the collapse of FTX is a reminder to be wary of founders like SBF with an excessive risk appetite. For entrepreneurs, it is a lesson to implement oversight and risk management plans to avoid the fate of SBF and FTX. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes how Sam Bankman-Fried’s double-or-nothing philosophy caused the collapse of FTX.
Remote and hybrid worker wellbeing is better than for in-office employees. Employers should establish clear expectations and communication policies to foster a healthy work-life balance and mitigate burnout.
By retraining managers to rely on data and best practices for hybrid and remote work, companies can address productivity paranoia and build trust between managers and employees.
In this episode of the Wise Decision Maker Show, Dr. Gleb Tsipursky speaks to Cesar Carvalho, CEO at Gympass, about why wellbeing is key to retention of hybrid and remote workers.
For investors, the collapse of FTX is a reminder to be wary of founders like SBF with an excessive risk appetite. For entrepreneurs, it is a lesson to implement oversight and risk management plans to avoid the fate of SBF and FTX.
In this episode of the Wise Decision Maker Show, Dr. Gleb Tsipursky speaks to Simon Dudley, Head of Analyst Relations at Logitech, about the importance of IT, Facilities, and HR playing well together to support hybrid and remote workers.
Any procurement process that is not protected from bias risks a bid protest. To protect the procurement process, officials need to learn about and address common cognitive biases in procurement decision-making. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes the danger of bias in the procurement process.
BlackRock CEO Larry Fink is wrong about remote work and inflation. Remote work reduces inflation, because remote work productivity is higher, while other costs in remote work are lower. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes how remote work reduces inflation.
Armchair psychology often undermines safety campaigns and other marketing messages, due to psychological phenomena such as the boomerang effect. Overcoming these problems requires using best practices from behavioral science. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes how safety campaigns can lead to dangerous outcomes.
As the efficacy of older vaccines gradually fades, leaders should promote the newly-updated booster shots. This will aid companies in reducing sick days, minimizing PR fiascos, and facilitating stakeholder capitalism.
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