News You Can Use: 8/10/2016

sn_turbo_Charlotte Coneybeer

  • The Scientific Reason Why Coworking May Be The Future Of Work

    It turns out that coworking spaces’ hallmarks—like funky design features—are far less important than their social structures, where workers feel a sense of individual autonomy that’s still linked to a sense of collaboration, the Michigan team told me in interviews. Most coworking spaces, for all their variation, tend to strike that careful balance between those crucial needs—in ways that neither solo freelancing nor the traditional office experience usually provide.

    http://www.fastcompany.com/3061515/the-scientific-reason-why-coworking-may-be-the-future-of-work

  • When You Fix Problems With Mid-Level Managers You Fix Everything

    But when executive leaders take the time to communicate with mid-level managers regularly, performance and satisfaction improve, a 2016 survey of millennials conducted by Gallup suggests. Among those who said their manager holds regular meetings with them, 44 percent said they are engaged, compared with just 20 percent of those who don’t meet with managers regularly.

    The solution is simple — facilitate consistent communication between mid-level and senior managers to keep middle leadership in the loop, consider their ideas, and listen to any problems or concerns they have.

    https://www.entrepreneur.com/article/279058
    sn_likeaboss

  • Most CEOs are planning to kill their companies

    Two thirds of CEOs don’t think their companies can keep up. The actual question focused on the fact that CEOs are focused on innovating through acquisition rather than organically. But the translation is they have no confidence in their organization’s ability to innovate. This is a significant problem for every employee because it implies the CEOs feel a large portion of their firms are unwilling or unable to perform. Acquisitions should be the exception not the rule, yet the opposite appears to be true. Now it is unlikely that 75 percent of firms can’t execute so this is likely a blend of CEOs not understanding what is being done and organizations that are being restricted by policy, culture, or practices (like Forced Ranking, which kills innovation). But it certainly doesn’t bode well for job security.

    http://www.cio.com/article/3096091/leadership-management/most-ceos-are-planning-to-kill-their-companies.html

  • On that note: Top-paid CEOs aren’t very good at their jobs

    The authors, who studied 429 large U.S. companies over a 10-year period, summarized their findings this way: “Has CEO pay reflected long-term stock performance? In a word, no.”

    The report found that average shareholder returns over the decade were 39% higher when a company’s CEO was in the bottom 20% of earners compared to a CEO in the top 20% of earners.

    The trend even holds across sectors.

    Companies where CEOs were paid above the average in their sector “significantly underperformed” companies where chief executives were paid below average, according to the researchers.

    http://money.cnn.com/2016/07/27/investing/ceo-pay-performance-msci/index.html?section=money_topstories

  • Fitbit data has been utilized for various clinical trials

    Fitabase has collected over 2 billion minutes of data from users who actively wear their Fitbit activity trackers to measure sleep, activity and more. Such data has been pulled for studies on spine surgeries like that of the Northwestern Medicine and the University of California San Francisco’s work.

    https://www.engadget.com/2016/07/28/fitbit-data-has-been-utilized-for-various-clinical-trials/

Photo: Charlotte Coneybeer

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