Disruptive forces are driving the future of work. By analyzing the leadership profiles of 150,000 leaders, this study underlines the five key qualities of effective, future-focused leadership—qualities which correlate with a country’s ability to innovate and which correlate with a company’s likelihood of being an acclaimed brand. ...
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A global talent crisis is looming. Leaders who do grasp the situation’s gravity still struggle to make talent a priority. Inaction is not an appropriate response to the talent crunch. While the new economy means markets move so quickly they are difficult to predict, organizations can survive by developing a vision and employing models and sce...
Organizations that want to develop or retain a competitive advantage should create a diverse and inclusive environment where all can thrive. This means addressing both the company-wide structural and behavioral issues that may be preventing people from achieving their full potential. It also means taking on an approach involving six choices and see...
In offices around the world Millennials are rapidly becoming managers and even senior executives. Some assistance from their employers could help, but at least right now, many organizations don’t prioritize grooming millennials as leaders. To some degree, the shift has caught many off guard. At the end of the day, the millions of millennials ...
High performing CFOs in financial services organizations integrate data-driven decision-making activities across the entire company, changing the role of finance from back-room financial reporters into forward-thinking analysts and trusted advisors. This infographic shows how they do it and how you can too.
Many organizations are realizing that HR executives’ mandate extends beyond figuring out the firm’s health insurance and writing the employee handbook. They are key to creating a positive work culture and attracting (and keeping) talented employees—all essential to the success of any enterprise. In the world of human resources, Mi...
Every year, shareholders vote to appoint or reappoint boards to act on their behalf to ensure the company maximizes shareholder value. And enlightened boards are not waiting for activists but instead are pushing the “reset” button and reflecting on questions like “What are the characteristics of a high-performing board”? and...
Illinois Governor J.B. Pritzker signed into law several amendments to the Illinois Equal Pay Act that are certain to have wide-ranging impacts. Most significantly, Illinois will join the growing number of states that prohibit employers from asking about or considering a job applicant’s prior salary history when making hiring decisions. The am...
On September 11, 2019, the California Senate passed Assembly Bill 5, which California Governor Gavin Newsom is expected to sign. The law will have major implications on the so-called “gig economy” workers, potentially leading to many being reclassified as employees rather than independent contractors. This article addresses questions bu...
There is a yawning gender gap in Corporate America. Studies show that companies with disproportionately low numbers of women in leadership do not perform as well as those with a more balanced gender ratio. For years, boards have vowed to change that formula, yet still it remains. To help spur changes, the Women CEOs Speak project was initiated and ...
It is often heard that 'good talent' is hard to find. But what constitutes a good talent? And where are companies going to find the talent they need when the gap between worker supply and demand continues to widen? This podcast with John Hilton, news editor of HRD magazine, Andrew Lafontaine, and Felicity O'Shannassy, organizational str...
As states continue to adopt shelter-in-place orders to stop the spread of COVID-19, many employers remain open for business and need employees to perform essential operations. To protect their workforce, employers should adhere to CDC and DOL guidance on implementing safety practices for employees. We share some tips for employers with essential em...
The Coronavirus Aid, Relief, and Economic Security (CARES) Act contains multiple tax-related provisions intended to offer relief to both businesses and individuals. We outline key provisions of which businesses and individuals should be aware, including those governing retention credits, payroll tax deferrals, recovery rebates, and modifications to...
The stimulus package provided from the Coronavirus Aid, Relief, and Economic Security (CARES) Act includes the Keeping American Workers Paid and Employed Act, which offers financial relief to help prevent workers from losing their jobs and aid businesses affected by the economic downturn. Here is a summary of the Act’s key sections that provi...
Family business leaders face unique challenges during this global pandemic. In addition to the health and economic factors facing all businesses today, many family business leaders have close personal ties to their employees and communities, some going back for generations. Family business leaders can use this time to enhance communication and educ...