A company’s success or failure is ruled by many factors, not all of which are controllable. These include resource allocation, macroeconomic conditions, competitor behaviour, regulatory shifts, and technology advances. And when the chips are down, leaders are often faced with two basic choices: stick or twist. So what should you do? Twist Historical data and […]
The Curriculum Vitae, more commonly known as a CV, is a Latin term which translates as ‘the course of your life’. Some alternately refer to it as a resume, from the French resumer, or “to sum up.” We typically use CVs when applying for a new job in order to document our career, experience, and […]
Last week saw the 50th anniversary of the moon landing. On the 16th July 1969, Apollo 11 left the earth carrying Armstrong, Aldrin, and Collins on their historic journey to the moon. Four days later, the pioneers landed on the surface of the moon. Armstrong and Aldrin spent over 2 hours on the moon’s surface […]
Before calling or attending your next meeting, have a look at these 10 surprising facts. They can help make your meetings more productive (or less frequent)! 1. 15 mins is the optimal meeting time Longer meetings don’t get more done. The average person’s attention span is only 18 minutes, so keep things short. Source 1Source […]
We recently discussed how employees are increasingly experiencing burnout. When raising the topic in the workplace, the response is often ‘work smarter, not harder’. But how do you actually do that? 1) Put the comms away Data shows 70% of us have email and the like open all day burying ourselves in endless chains of […]
A recent survey showed that 70% of us have email and other messaging channels open all day. Receive, read, reply send, repeat. Add in time for meetings, and things get even worse, with only 1 hour and 12 minutes per day focused on actual work. We leave the office late, commute home and then continue […]
silo /ˈsʌɪləʊ/ verb verb: silo; 3rd person present: siloes; past tense: siloed; past participle: siloed; gerund or present participle: siloing isolate (one system, process, department, etc.) from others. Silos are a common problem for organisations. A PwC survey indicates that 55 percent of companies work in silos, with each function making its own decisions on […]
With artificial intelligence set to take over 50% of the functions in a company, discussions often turn to what technology companies must invest in to compete. But for businesses of the future, superior technology is not the deciding factor for success. Perhaps counterintuitively, it is an investment in human capital which will set companies apart […]
A recent Gallup study of nearly 7,500 full-time employees found that 67% feel burned out “sometimes, often or always” with 23% in the “often or always” categories. Almost all of us will experience this feeling at some point within our careers. Here are 10 ways to avoid or alleviate it: 1) Stay active Exercise is […]
Job stability is a very good thing. But job stagnation is very bad indeed. To prevent routine and boredom from affecting staff morale and productivity, employers should consider reframing work in terms of projects. Instead of seeing employment as a marathon without end, projects encourage employees to put in maximum effort for short sprints. This […]
With Gallup reporting that only 13% of employees worldwide are actively engaged at work, costing companies $450 – $550 billion in lost productivity in the US alone, employers are desperately seeking ways to improve employee morale. Work friendships, a sense of purpose, and an empathetic corporate environment can all significantly boost employee happiness and productivity. […]
With Millennials now comprising a quarter of the world’s population and 35% of the global workforce, this generation is fast overtaking Traditionalists, Baby Boomers, and Gen X put together. But though employers have an idea that these younger employees have different expectations about work and employment, it’s often hard to pin down exactly what Millenials […]
From the newest solo entrepreneur to the most established Fortune 500 company, one factor has proven critical for success – a solid purpose articulated through a well-written Vision Statement. Because without one, it’s all too easy to get bogged down in the minutiae of day-to-day business, putting out fires, and never taking a minute to […]
The perception that it’s a buyer’s market, with employers holding all the bargaining power, is quickly being overturned by the rise in freelancing and more vocal employees. According to Kalido’s own research, 50% of the UK workforce will be classified as freelance by 2020. This trend is mirrored in the US, where 40% of the […]
Shortly after CEO and Chairman of BlackRock, Larry Fink, published his 2019 Letter to CEOs, the internet and airwaves erupted with analyses on what exactly the legendary executive meant when he said ‘Purpose is not the sole pursuit of profits but the animating force for achieving them’. This seemed a direct contradiction of the Friedman […]
One of the most successful taxi companies in the world doesn’t own any cars. One of the most famous hotel chains in the world doesn’t own any hotels. And one of the most beloved retailers in the world doesn’t own any products. Companies like Uber, Airbnb, and Amazon have built powerful and profitable empires, while […]
The workforce of the future will operate in a significantly different environment from that of today. With the rise of artificial intelligence (AI), the shift in focus for business, and the increased importance of soft skills, many employees’ skills will become outdated. For the employer of the future, knowing what skills will be valuable and […]
The modern workforce is unique in history as it is the first time as many as 5 generations are represented. From Traditionalists, to Baby Boomers, Gen X, Millenials, and now Gen Z – how does a company integrate employees that span so many generations? And further, how does it satisfy each generation’s career aspirations? The […]
The psychological biases identified by cognitive psychology and behavioural economics are well known. Anchoring, overconfidence bias, and curse of knowledge are three important biases businesses must guard against to prevent irrational action. But acknowledging a problem is merely the first step towards solving it. To truly prevent heuristics from hampering a business, they must be […]
It’s not going to be business as usual for much longer. Research by global management consultant firm McKinsey estimates that more than half of the existing skills in the workforce will become obsolete in the next few decades. More employees than ever will leave their companies to pursue entrepreneurship. Companies will be increasingly judged, not […]