Having a personal brand is more important than ever, but technology has made controlling the message behind that brand much more difficult. In today’s hyper-connected world, there is very little separation between the personal and public spheres. It’s not enough to wear a perfectly tailored suit to work; you also need to be presentable and likable outside the office.Read More
I often hear people lamenting that they would only be more successful if they could find the right mentor. And yet several successful people have questioned the actual value of having a mentor. Elon Musk and Sheryl Sandberg are among those titans who have noted that mentors might not be all that necessary to career success.
Debby Carreau, author of the recently released book The Mentor Myth: How to Take Control of Your Own Success (Bibliomotion 2016), agrees that mentors might not actually be necessary to help you achieve your dreams. Carreau argues that mentors are often overutilized, undertrained, and routinely underdeliver. "While I do acknowledge that mentors can be an effective tool and can provide excellent professional feedback, your career is not lost if you cannot find one," said Carreau.Read More
You don’t have to be a full-time entrepreneur to be entrepreneurial. Instead, you can invest, advise and dive into ventures without leaving your day job.
That’s from Patrick McGinnis, author of “The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job.”
McGinnis says the advantage is that you protect yourself from a career blowup. He found himself in exactly that spot after the 2008 financial crisis, as he worked at a private equity firm within AIG (AIG).
Also, you can learn to think like an entrepreneur while having the benefit of regular income.Read More
The way we present ourselves says something about us to the outside world. In a society where many of us will have ten jobs during our professional careers, our personal brand follows us throughout our lives, both on the job and off. It affects the way we are perceived by employers, colleagues, friends, and more.
New digital technologies have allowed unprecedented access into each other’s personal lives. Everyone from a prospective client to current employees has likely run a search for you on Google or checked if you have mutual friends through Facebook or LinkedIn. The question is: how do you create a personal brand that is consistent across channels and effective in marketing your best self?Read More
Companies in the ailing oilpatch are looking at ways to avoid layoffs — or at the very least to forestall or minimize them.
The majority of employees said they would rather ... keep the team together than to have people laid off- Murray Edwards, Canadian Natural Resources
Canadian Natural Resources has not had to trim its workforce of more than 7,600 as a result of the crude price collapse.
"In lieu of layoffs, we went to our staff and said 'we will do wage reductions.' And every employee who made more than $50,000 had a wage reduction," chairman Murray Edwards said to applause at a recent business forum in Lake Louise, Alta.Read More
Those seeking to break into an industry often receive this seemingly simple piece of advice as the one way to ensure success:
"Find a mentor."
The power of mentorship has become pervasive, taking on an almost mythical status.
There is indeed much to learn from the counsel of someone who has worked for many years in a field where you hope to distinguish yourself. However, as knowledgeable as a teacher can be, no one is omnipotent. Advice that worked in the past may have little value today as the world of business continues to evolve and the economy faces new challenges from unexpected sources.Read More
Around this time last year, Pew researchers asked more than 1,800 American adults, "What’s holding women back from top jobs?" The top three answers were the same for both business and political positions: That women are held to higher standards, that the country isn’t ready, and that family responsibilities don’t leave enough time.
Double standards of performance, public discomfort with women leaders—these are personal beliefs about gender and work, perceptions shaped by culture and society. They're harmful and need changing.
But the belief that family responsibilities hold women back from leadership roles is a material reality for many. Fortunately, the kinds of flexible and remote work made possible by technology are already offering some solutions.Read More
When a firm decides to undergo a merger or an acquisition it may seem black and white – you project the financials, preach the synergies, develop a build down schedule and share the vision for the future. However, in reality when it comes to mergers and acquisitions, there is much more grey area than one may think. In fact, it is estimated that roughly 80% of all mergers and acquisitions fail (https://hbr.org/2011/03/the-big-idea-the-new-ma-playbook). This is not due to poor financial projections or legal implications, rather it usually comes down to one single factor: people.
In most situations, organizations do a great job of figuring out the “obvious” risks of mergers, but do a poor job of calculating the “hidden” risks associated with the change. A merger or acquisition is like a marriage; you cannot force two people together and assume it will work. When acquisitions work, they are like a great marriage maintaining the best of both worlds. A successful integration is almost tangible and can be felt in the environment. Walking through the Facebook offices only to see all the employees taking selfies in Jessie the Instagram car, or Equinox employees never missing a SoulCycle class and wearing their “Soul Gear” around town are examples of how two cultures can successfully mesh together. These integrations of culture are key – they are where the value is captured or the transaction dies a slow expensive death.Read More
I am honored to have been selected as one of 10 YPO member social media influencers for the YPO GLC and EDGE in Melbourne Australia March 23-28th. During the 2015 GLC and Global EDGE, lets experience the incomparable energy that comes when 3,000 chief executives connect in a single place. Ignite your passions. Encourage greatness. Shape your chapter, your region, your network, your world.Read More
With the New Year well underway, it’s the perfect time to evaluate your organization’s work environment. In the digital age of hyper connectedness, employees can tell the world what is going on at your company with a few keystrokes thanks to the rise in popularity of websites like Glassdoor. This can be a great PR opportunity or destructive to your brand.
As the global economy improves and war for talent heats up again, top employers are garnering the attention of your employees. Some have created some great Disneyland-like campuses; others offer nap pods or free dry cleaning. It can be a challenge to stay competitive, and to keep employees productive and engaged.
Everyday we hear about new workplace trends but do they warrant incorporation into your HR strategy?Read More
I am a huge advocate for women in the workplace, however I am even more passionate about ensuring organizations are leveraging all of their talent: men and women.Read More
We have all been told how it is critical to hire superstars in our business, but are they worth it?
Walter Frick (HBR, The Magazine, 14 April 2014) tells us that the contribution of superstar employees extends beyond the work they actually do. Granted, every organization that can afford it would want to have A players in their midst for one major reason: they are productive and their contribution to the bottom-line. Other things being equal, they pay themselves and pay many others. However, like everything that is good, there is a big caution relating to superstar performers.Read More