Keeping Workplace Competition Productive and Healthy by Developing the Balance

A bit of friendly workplace competition can energize an office and boost performance levels. But when office rivalries start mimicking the intensity of a heavyweight prizefight, managers need to take action before their business suffers casualties.

Keeping Workplace Competition Productive and Healthy by Developing the Balance. Source: Shutterstock
Keeping Workplace Competition Productive and Healthy by Developing the Balance. Source: Shutterstock

“The word ‘competition’ can be construed in a variety of ways—and it’s really how it’s interpreted that determines whether ‘competition’ is constructive or detrimental at work,” says Katherine Shao, executive creative director at Oxygen. “Ultimately, competition in the workplace can be incredibly motivating and great for productivity—as long as people can grow and develop without fear, and work within established boundaries that give individuals the responsibility to uphold a collective set of values.”

Here’s a look at competition from both angles and how managers can help ensure fair play.
Continue reading “Keeping Workplace Competition Productive and Healthy by Developing the Balance”

4 Daily Habits To Improve Your Communication Skill

We live in an amazingly connected world, which is why it is so weird and shocking that communication skills are slowly breaking down, generation by generation. It seems that every extra minute a day you spend communicating remotely and casually on social media represents a decline in your ability to communicate concisely and professionally in person.

4 Daily Habits To Improve Your Communication Skill. Source: Shutterstock
4 Daily Habits To Improve Your Communication Skill. Source: Shutterstock

Continue reading “4 Daily Habits To Improve Your Communication Skill”

5 HR Function Realities about Advanced Technologies and Future Workplace

You have probably heard the phrases “fourth industrial revolution” and the “future of work.” Both refer to coming changes in the way people live and perform their jobs.

5 HR Function Realities about Advanced Technologies and Future Workplace. Source: Shutterstock
5 HR Function Realities about Advanced Technologies and Future Workplace. Source: Shutterstock

Here are five things you should know about advanced technologies and the workplace. All have potentially significant effects on HR functions and the work HR professionals do.
Continue reading “5 HR Function Realities about Advanced Technologies and Future Workplace”

Against the Odds: Startups that Make It by Derek Lidow

It is one of our saddest economic statistics: More than half small businesses fail within a few years of startup.

Unlike the cheery pictures presented in advertising or the success stories showcased on Shark Tank, a significant percentage of fledgling enterprises sputter and eventually die. Only 1 in 43 has any employees after 10 years. These startups don’t create much economic value. The vast majority don’t even earn as much for their founders as those people could have earned working for someone else. Dreams die, jobs are lost, and communities lose their vitality.

Entrepreneurs should stop thinking so much about the idea behind the business and focus instead on how to lead it. Source: Derek Lidow
Entrepreneurs should stop thinking so much about the idea behind the business and focus instead on how to lead it. Source: Derek Lidow

It does not have to be this way. In fact, if we want a robust economy with job growth, we must do something about it. I think that the solution is deceptively simple: entrepreneurs should stop thinking so much about the idea behind the business and focus instead on how to lead it.

Simple, however, doesn’t make it easy.
Continue reading “Against the Odds: Startups that Make It by Derek Lidow”

Book Summary: Inside Knowledge – How Women Can Thrive in Professional Service Firms by Alison Temperley

In 2015, a man starting work at a law firm was three times more likely than a woman to make partner. The same held true for accounting and consulting firms. Women’s leadership coach Alison Temperley addresses unconscious bias and gender inequities in professional service firms. She has 30 years of experience working in and with such firms.

Summary of Inside Knowledge - How Women Can Thrive in Professional Service Firms by Alison Temperley
Summary of Inside Knowledge – How Women Can Thrive in Professional Service Firms by Alison Temperley

Even in firms that claim to be meritocracies, women don’t advance as quickly as their male counterparts. Temperley advises women to be more vocal, to express how their contributions matter and to advocate for promotion. Although the book’s subtitle positions her overview as niche advice for women in professional firms, women in many fields will find her counsel applicable.

In this summary, you will learn.

  • How women can actively manage their professional careers.
  • Why professional service firms need to fix internal inequities.
  • What women can do to succeed in this environment.

Continue reading “Book Summary: Inside Knowledge – How Women Can Thrive in Professional Service Firms by Alison Temperley”