Career Archives - Page 6 of 22

November 21, 2018November 18, 2018

News You Can Use: 11/21/2018

When Acquiring a Company, Don’t Forget About the People

Goal setting is proven to have a positive impact; according to McKinsey, 91 percent of companies that have effective performance management systems say that employee goals are linked to business priorities. Goals have the power to encourage and motivate people, whether they’re employees, investors or the board of directors. Give your team challenging, yet achievable targets to help push them in the right direction and encourage them to continue performing even when they’re dealing with new people and initially unfamiliar technologies or processes.

https://www.entrepreneur.com/article/323050
3 Warning Signs Your Mentor Is Not Helping You

If your mentor doesn’t challenge you to tackle your weaknesses and overcome your fears, your mentor is satisfied with the status quo — which isn’t good enough for you! Building a company requires doing the stuff we love and the stuff we wish we could hire someone else to do. If your mentor is worth her salt, she will push you to grow into your weaknesses and throttle past the challenges that scare you.

Takeaway: I’ve often heard mentors working with startups in our accelerator respond to questions with questions. Mentors don’t have to have all of the answers — but they do need to know how to ask the right questions. This requires a mentor to slow down, listen and focus on you and your startup.

https://www.entrepreneur.com/article/322375
Why Facebook and news orgs are sworn frenemies
That ‘Bad’ Interviewee You Just Talked to May Be the Perfect Match for Your Job Opening

That afternoon, however, reality set in, in the form of close to ten disappointing phone calls.

Picking up my phone once more, I made my final call — to the most unlikely candidate of the bunch. And, within two minutes, I was floored: This guy was quizzing me on my knowledge of our business space. Not only that, but he was also asking about my personal relationships with competitors. Huh?

Calling around to other founders after the interview, I quickly uncovered a strong consensus based on those founders’ individual experiences: This candidate’s comments weren’t weird or unwelcome, they said. In fact, they considered the best salespeople to be the ones who quizzed them.

https://www.entrepreneur.com/article/322897
I want to work in these cubicles of the future

Rapt’s designers envisioned a concept in which everyone gets a private space to work when they want it. But there’s a catch: Each private cubicle sits on short legs, enabling small warehouse robots to scuttle around underneath them. Then, the robots can pick up the cubes and move them around the office based on what each person and team needs for the day. For instance, if you have a day of heads-down work, you’d get assigned a private cubicle so you can focus. If you have a day full of meetings, and you don’t need private space, your cube combines with other cubes to create a larger space in which to work with your colleagues. The robots shift the office in real time to make this happen.

https://www.fastcompany.com/90262512/i-want-to-work-in-these-cubicles-of-the-future

Photo by Wade Austin Ellis on Unsplash

October 17, 2018October 14, 2018

News You Can Use: 10/17/2018

GE: The lessons of a corporate giant’s decline

Ever since legendary GE chief Jack Welch retired in 2001, GE has been looking to find the right business mix to regain investor confidence, said Holman Jenkins at The Wall Street Journal. It’s been a “plodding, slow-motion hunt,” and GE’s mess of businesses — light bulbs, wind turbines, insurance, and more — means the company “is unlikely to register buried problems until they are well advanced.” And boy does GE have problems, said Jim Cramer at The Street. Immelt’s mistakes were so grave that GE needs “the financial equivalent of a Truth and Reconciliation Commission.” Its insurance division charged “a pittance” for long-term care policies. Immelt also doubled down on power plants when the sector was in decline. Same with oil and gas, when “oil ran to $100” a barrel and was bound to fall.

https://theweek.com/articles/801447/ge-lessons-corporate-giants-decline
How to deal when your boss plays favorites

One way to deal with this situation is to “deal with the little things instead of the big picture,” says Barbara Pachter, business etiquette expert and author of the book, The Communication Clinic: 99 Proven Cures for the Most Common Business Mistakes. So instead of focusing on the fact that your boss is playing favorites, turn your attention instead on what you want that you aren’t getting. If you want a special assignment, do your homework, go in, and ask for it.

If there’s a career goal you’re trying to reach, tell your boss about it, and then ask advice on how you can get there. The most important thing is to be straightforward. Otherwise, it might not be that your boss is playing favorites, but rather they just don’t know what you want.

https://www.fastcompany.com/90245852/4-ways-to-deal-with-not-being-your-boss-favorite
Why we choke under pressure — and how to avoid it
This Is How You Lead a Virtual Team Without Coming Across Like a Looming Sci-Fi Overlord

Lead with trust rather than fear. Micro-managers may feel a pang of discomfort from not being able to look over their remote team’s physical shoulders and may be tempted to resort to other forms of surveillance to keep them on track. This is both uncomfortable and demotivating for remote teams. The futuristic dictators portrayed in pop culture keep a close eye and ear on their subjects, ultimately disincentivizing communication as whole. Technology should be used to empower employees to communicate more effectively and efficiently, not to track or monitor performance. Trust is paramount.

https://www.entrepreneur.com/article/320995
Employee Perks Might Not Be As Effective As You Think They Are

I believe the best way to create a sense of purpose in employees is to continually offer them opportunities to use their unique skills. And along these lines, a Namely survey confirmed that the most important factor leading to workplace satisfaction isn’t perks at all; it is a sense of purpose. In fact, 57 percent of employees surveyed desired “meaningful work” above all else. So, remind employees that you hired them for a reason: Their particular skill set fills an existing hole in your team. Then, get out of their way. Doing so will allow these new employees to bring their whole selves to work and will inspire their self-confidence more than programs or benefits ever could.

https://www.entrepreneur.com/article/321320

Photo by Wyatt Ryan on Unsplash

October 10, 2018October 6, 2018

News You Can Use: 10/10/2018

How to Disconnect From ‘Always On’ Work Culture

According to a 2016 study by the Academy of Management, employees tally an average of 8 hours a week answering work-related emails after leaving the office. Echoing that, a 2015 Harris Poll for the American Psychological Association found that 30% of men and 23% of women regularly bring work home. Similar percentages admitted to working on vacation and to bringing “work materials” along on social outings (we hope they don’t mean accordion folders). All of this, many experts in psychology agree, causes stress, ruins sleep habits and cripples our ability to stay active and engaged during actual office hours.

https://www.wsj.com/articles/how-to-disconnect-from-always-on-work-culture-1538740171?ns=prod/accounts-wsj
Never, ever utter these phrases in a salary negotiation

I am currently making:
“I call this The Dreaded Salary Question and it’s tricky because it usually comes up early in the interview process, and most candidates don’t think of it as part of a salary negotiation even though it is,” says Doody. “Answering this question by disclosing numbers can make it very difficult to negotiate effectively later on because it can box the candidate in. Once they disclose current or desired salary, the offers they get are very likely to be tied to those numbers. That can be very expensive if the company might have offered them a much higher salary than they disclosed.”

https://www.fastcompany.com/90246630/what-not-to-say-in-a-salary-negotiation
How to be a better leader: Offer guidance, not instruction
The Rumors of Podcasting’s Death Have Been Greatly Exaggerated

In today’s “move fast and break things” digital media culture it isn’t surprising that companies and talent can find themselves off course, and need to back up and change tack. When you move quickly, you have to accept that the risk will increase and you’ll make some decisions that you will later wish you could change. Out of all the companies who have recognized the opportunity in digital audio and podcasting, it isn’t surprising that these pivots are happening. If anything, it would be weird and shocking if everyone made the correct maneuvers every time. It would be depressing if no one was willing to admit some things weren’t working.

https://medium.com/audio-insurgent/the-rumors-of-podcastings-death-have-been-greatly-exaggerated-a25d4066997c
Finish the Year Strong to Carry Momentum Into 2019

As entrepreneurs, we must watch the bottom line at all times. Every move we make has to bring us a return on our investment. Lately, I’ve seen a big shift in the market. The “cut through to the bottom line” mindset can only take you so far. I’ve been able to grow my business faster by focusing on the impact rather than the income. Don’t get me wrong. I charge for my services, and I’m not running a non-profit, but income is not my main focus.

I recently helped a client create a framework in his business that gave him a sense of purpose. He was ready to sell all his assets and move to an island with his wife and kids because his idea of success was being met by his expectations in his business. I helped him see that he simply needed to focus less on the transactions and more on the transcendence his business could provide. He owns multiple businesses, so it took him some time to figure out how he could help his clients have a better experience rather than treating them as singular transactions.

https://www.entrepreneur.com/article/319535