There aren’t many happier moments for a person than when they score their first big job. The opportunity to use the skills they have learned, and to pay off some of the debt that knowledge set them back, are two activities most people who are in this position relish. However, you can’t expect these opportunities to keep your employees around forever... you need to meet (and sometimes manage) their other expectations of the workplace.
Productivity is one of the most vital parts of running a business, as without it no work can get done. Even if your employees look like they are keeping themselves busy, a study from the Harvard Business School suggests they may not be as busy as you think they are. How does this work, and what can you do to resolve this issue?
Despite what you may have heard, a bias is not an inherently bad thing. However, if not considered rationally, a bias can easily lead you to make a business decision that does more harm than good. Researchers have uncovered why we hold the biases we do, and how we might work to overcome them.
Entrepreneurs enjoy an almost mythical standing in the business world as visionary leaders risking everything on an idea that, if successful, pays off in a big way. Yet, few understand the role of the intrapreneur; those who have equally big ideas, but operate in the context of established companies. Your business likely has dynamic intrapreneurs in your midst, but how do you make sure their voices are heard?
Companies are always looking to improve their operations by eliminating unnecessary costs. It’s a part of business, no matter how you look at it. However, as automation technologies grow more advanced, some of the more mundane (and even some professional) positions are at risk of getting replaced by cheaper, more efficient robotic systems.
