Saturday, 29 January 2022
Employee-employer thoughts about salary interests of job seekers differ: Adecco survey
Thursday, 27 January 2022
Can AI Teach Us How to Become More Emotionally Intelligent?
Emotional intelligence matters more to one’s success as a manager than IQ or technical skill. The principal takeaway: emotional intelligence is just as important as any “hard skill” and investing in it helps individuals and teams succeed at work.
Companies are wise to explore AI solutions that can help make their teams more emotionally intelligent, and better communicators. Indeed, AI can enhance our emotional intelligence by making us more self-aware and helping us manage key work relationships. Enhancing our emotional intelligence and communication skills makes us more efficient, productive, and empathetic. Although the technology is far from perfect, it is becoming more intelligent every day as platforms increase in data, scale, and sophistication. The technology is in place to make our teams more emotionally intelligent and companies more successful and profitable.
The debate over whether AI will replace humans in the workforce often boils down to a handy, twofold explanation: AI will replace humans for most repetitive and manual labor tasks, while humans will excel at soft skills like creative communication and relationship-building. While some of this is true — humans and machines will each play to their strengths — it probably oversimplifies AI’s role in our professional lives. We believe AI will help humans do better human work, namely by helping us improve our emotional intelligence, soft skills, and interpersonal communication skills.
Complete Article at HBR
Tuesday, 25 January 2022
How Leaders Can Build Connection in a Disconnected Workplace
Summary.
For too long, workplace connection has been thought of as something that just happens during the workday, whether via hallway conversations, water-cooler moments, or grabbing coffee. With spontaneous moments of connection more challenging to recreate in a remote or hybrid environment, managers need to take a more proactive approach, especially given how important connection is to retention. Consider this: If employees don’t have a best friend at work, there’s only a 1 in 12 chance that they’ll be engaged. The author offers four practical ways to build stronger relationships on your team: 1) Make workplace connection a ritual; 2) Make it easier to ask for support; 3) Make onboarding more experiential; and 4) Make recharging a reality.
Another way to think of the Great Resignation is as the “Great Disconnection.” In the wake of the pandemic and the vast shift to flexible work from anywhere policies, 65% of workers say they feel less connected to their coworkers. Employee disconnection is one of the main drivers of voluntary turnover, with lonely employees costing U.S. companies up to $406 billion a year. Research by Cigna shows that lonely employees have a higher risk of turnover, lower productivity, more missed days at work, and lower quality of work. Meanwhile, BetterUp found that employees who experience high-levels of belonging have a drop in turnover risk, an increase in job performance, a reduction in sick days, and an increase in employer promoter score, which results in an annual savings of $52 million for a 10,000-person company.
Complete Article at HBR
Saturday, 22 January 2022
Communicating Authentically in a Virtual World
Summary.
Authenticity is important at work, but sometime’s it’s challenging to identify and maintain. Plus, what if the authentic emotions you’re feeling conflict with the message you’re trying to convey to colleagues or employees? When is it useful to lean into authenticity, and when is inauthenticity actually a better strategy? Research on how people perceive authenticity during in-person, email, and phone conversations sheds some light on how to navigate this issue, particularly amidst hybrid work. The short answer: if your communication is authentic, try to speak with someone in-person. If you need to suppress emotions, consider using the phone or another audio method. And if you need to use email, make sure it’s clear to the recipient that you chose that method because others weren’t available.
One of the most common leadership buzzwords amongst both executives and academics is “authenticity.” Meta COO Sheryl Sandberg emphasized that “leaders should strive for authenticity over perfection,” while Howard Schultz, former CEO of Starbucks, noted, “the companies that are lasting are those that are authentic.” Indeed, research studies have similarly affirmed the importance of authenticity as a key driver of overall work outcomes for everyone from frontline workers to leaders. Alternatively, being perceived as inauthentic has been shown to destroy trust and relationships, damage customer loyalty, worsen performance evaluations, and decrease organizational profits.
Yet, despite the importance of authenticity, it can be challenging to develop and maintain. Take communication: while being perceived as authentic is ideal, actually always behaving authentically can lead to disaster. Imagine a manager who, while laying off an employee, expresses underlying happiness because her soon-to-be spouse just accepted her marriage proposal that morning. Or an executive sending out a message about a new company diversity initiative, but doing so in a dour tone because his child just dropped out of college.
Complete Article at HBR
Friday, 21 January 2022
Convincing Your Company Leaders to Invest in New Technology
It’s no surprise that factors such as cost, and the availability of skilled workers, can stall the pursuit of digital strategies. More surprising, however, was the observed inertia around technology (especially at times that necessitate digitalization to remain agile), which can be explained by psychological factors holding business leaders back.
For business owners and leaders tasked with driving digital strategy, it is their perception of risk that is more impactful on success than anything else. Deciding to incorporate digital tools or infrastructure can be daunting because of the unknown it represents, but shying away from the process can be a far riskier path. By understanding the psychological barriers behind digital decision-making, industry stakeholders can and should encourage technology adoption in small and medium-sized businesses — in doing so, they will strengthen the backbone of the global economy.
Human decision making is a complicated phenomenon. Many studies on the topic highlight the parameters defining our mental processes, even if they can’t fully explain them. These studies often find that we can be guided towards an outcome that we know is against our best interests. And this is the case in business, too.
It’s easy to view corporate decision making as something steeped in careful consideration — a binary process led by data and best practice. However, businesses are ultimately run by humans. Commercial progress is determined by the choices that we make, either alone or as a group.
As a result, the unpredictability of the human brain can influence a range of business decisions. This is even more pronounced when processing the outcomes of technology-related decisions, which teases out every dimension of our psyche. This is because for lots of companies, especially small and mid-sized firms, new tech is still very much a leap into the unknown.
Complete Article at HBR
Tuesday, 18 January 2022
5 Ways Managers Can Support Pregnant Employees
Summary.
Pregnancy discrimination still occurs frequently in the U.S., and new research shows that it may be linked to poor health outcomes for mothers. There are actionable strategies employers can adopt to reduce detrimental health and well-being outcomes for pregnant employees. Specifically, the data suggests that supportive coworkers and supervisors act as stress-reducing resources for them, and employees who felt supported by both coworkers and supervisors benefitted from the largest reductions in prenatal stress. Furthermore, this reduction in stress was associated with long-term reductions in postpartum depression and quicker physical recovery following the birth of their child. Instead of turning a blind eye to pregnancy discrimination, leaders can promote a more positive organizational environment and offer support by engaging in the five practices discussed here.
Although there are laws against pregnancy discrimination in the workplace, discrimination still occurs frequently. In fact, statistics show that there have been almost 15,000 pregnancy discrimination claims filed in the United States in the past five years. While we know that discrimination can have real consequences for a pregnant employee’s career outcomes, including reduced salary, promotions, and social capital, an outstanding question is whether there are health consequences for pregnant employees or their babies.
To answer this question, we conducted two studies examining the workplace experiences and health outcomes of new mothers and their babies. We found that experiences of pregnancy discrimination linked to an uptick in moms’ stress, which raised their risk for postpartum depression. This stress also led to lower birth weights, lower gestational ages, and an increased number of doctors’ visits for the babies a few weeks after birth. While it may seem obvious that pregnancy discrimination negatively impacts pregnant employees, we were surprised to find that it indirectly impacted the babies they were carrying while they were experiencing the discrimination. This shows the far-reaching implications of workplace discrimination and highlights the importance of addressing it.
Complete Article at HBR
Friday, 14 January 2022
How to Find a New Job: An HBR Guide
Are you ready to look for a new job? This comprehensive article covers everything from how to update your resume and write a cover letter to how to ace your interview and follow up. The piece also includes sample language to try and links to resources in the HBR archive.
Looking for a new job is both exciting and daunting. On the one hand, you may be envisioning what your next opportunity will look like and dreaming about resigning from your current role. On the other hand, you may be overwhelmed with all of the job hunting-related tasks, and worried if — or when — you’ll actually land your next gig.
We know from research that breaking down big goals, like finding a new job, into smaller, concrete tasks helps because we’re able to see progress. You likely won’t secure your next role in one day, but you can take steps toward your ultimate objective — for example, by sending out your resume to two recruiters or having three networking calls.
Finding a job is a topic that HBR has hundreds of articles on, so I sorted through our archive to surface our best advice to help make the challenge feel a little more manageable.
Complete Article at HBR
Thursday, 13 January 2022
Finding the Right Balance — and Flexibility — in Your Leadership Style
Summary.
It’s an outdated idea that a leader should adopt a fixed leadership style that’s agnostic to the specific context in which he or she is operating. A single approach to leadership is not going to meet the myriad of challenges that today’s leaders face. Thus, rather than perfecting a “leadership sweet spot,” a leader needs to develop and broaden his or her “leadership sweet range.” The wider this range becomes, the more effective or versatile the leader will be. The authors identify seven core tensions between traditional and emerging leadership approaches and offer strategies for leaders looking to broaden their range.
There have been many calls for leadership approaches to shift to meet the demands of a fast-changing, unpredictable world. Traditional “command-and-control” styles are considered outdated, while newer, more agile, and collaborative approaches have become de rigueur.
However, the reality for today’s leaders is more complex than “out with the old, in with the new.” For example, we found that some aspects of leadership that seemed to be outdated, such as top-down decision-making and a focus on tactical execution, were extremely valuable to get through the uncertainty of the Covid-19 pandemic. Thus, rather than settling on a more static model of emerging behaviors, we found that “seven leadership tensions” between the traditional and emerging worlds were a much more accurate way to describe the current state of effective leadership.
Complete Article at HBR
Wednesday, 12 January 2022
When Being Indispensable Backfires
Summary.
If you’ve become so valuable to your manager that your career has stalled because they don’t want to let you go, it’s time to become dispensable. But how can you do it gracefully? The author presents four ways to keep your value as an employee from halting your career growth. While you show your value and expertise to your manager and team and make an impact in your current role, set boundaries, take on work you’re excited about, network within your organization, and set the person who comes after you up for success.
“The critical mistake you made is that you became indispensable,” a mentor once said to me. “That’s why you can’t get off his team and move on to your next assignment.”
After more than four years in the same role, I found that my career had stalled even though I had gone above and beyond my job description. My boss frequently volunteered my time to other leaders to build their strategy decks. He asked me to call vendors to get them to purchase annual gala tables for the nonprofit board he served on. He had me write his speeches for external events. He asked me to help manage his LinkedIn profile, and soon other leaders came to me with similar requests. Finally, he asked me to help the CEO and other executives prepare for interviews, because I was so good at crafting media briefs.
The observation from my mentor was a rude awakening. Because I had said yes to every assignment, in hopes that would help me move on to my next opportunity, I had become indispensable, and my manager wouldn’t let me go. Being indispensable had temporarily killed my career.
Complete Article at HBR
Monday, 10 January 2022
In the Hybrid Era, On-Sites Are the New Off-Sites
Summary.
If your goal is to bring people together in real life at work — sometimes, all the time, or anytime — you need to design a day employees won’t want to miss. At the very least, it’s critical to be intentional about how you plan your company’s days in the office, not only to add incentive, but also to make it worth your employees’ and your company’s time. The author recounts her experience working with a company to design in-person, monthly “Superdays” and presents three elements of a successful on-site.
Remember off-sites? Those once-a-year — maybe once-a-quarter — get togethers where we gathered for deep-dive strategy work, bonded on ropes courses, binged on professional development, and just hung out and got to know our colleagues and customers? While these gatherings used to be something to look forward to, these days, many employees don’t want to come into the office, let alone to an off-site.
If your goal is to bring people together in real life at work — sometimes, all the time, or anytime — you need to design a day employees won’t want to miss. At the very least, it’s critical to be intentional about how you plan your company’s days in the office, not only to add incentive, but also to make it worth your employees’ and your company’s time.
Since the early days of the pandemic, I’ve been partnering with CEOs and senior HR leaders to help them manage and even thrive during these turbulent times. As offices have slowly reopened, some leaders have asked me to help them design intentional “on-sites” (in-person days) to bring their teams together in new and impactful ways in a hybrid environment.
Reuben Daniels, managing partner of EA Markets, agreed to allow me to share the details of our work together when I was hired to help the company design their in-person, monthly “Superdays.” The details of this one case study can help guide leaders of companies of any industry or size to make the best use of their resources as they create in-person experiences with an ROE — return on engagement — in mind.
Complete Article at HBR
Wednesday, 5 January 2022
Have Remote Employees Lost Touch with Customers’ Needs?
Summary.
Before their companies went remote or hybrid, non-sales employees usually had some sight line to customers. However, as time marched on, non-customer-facing teams started to lose their connection to customers. They didn’t run into a sales rep in the elevator or sit next to a customer success agent in the cafeteria. The anecdotal, hallway conversations stopped. Losing sight of customers means internal teams are more likely to double down on their own metrics and agendas, putting the organization at risk for silos (in the short term) and at risk of being out-innovated and eventually becoming irrelevant (in the long term). Here are three ways leaders can bring your customers to life for teams who don’t interact with them.
After months of successfully working from home, the finance, HR, and legal teams of a mid-sized bank decided that they were going to adopt a hybrid model, permanently. Covid-induced remote work had proven that physical presence wasn’t a requirement for productivity.
Some employees elected to be 100% remote, others came in a few days a week, and those who wanted to work in the office were given safe spaces to do so. It all seemed fine at first; productivity stayed high. Yet after several months, they began to realize that something was missing from their daily conversations — or rather someone.
One operations leader put her finger on it when she said, “We used to start meetings talking about customers. Now we hardly mention them at all.”
They’re not alone.
While much has been written about the need to keep teams connected to each other in a virtual environment, losing your organizational tether to the customer is more insidious, and perhaps even more dangerous.
Here’s what we’ve observed in our clients: Before their companies went remote or hybrid, most employees throughout the organization had some sight line to customers. Even if they didn’t interface with them directly, they had regular conversations with customer-facing teammates, and when the organization talked about “customers,” everyone was clear on who they were and what they needed. And when the pandemic hit, people rallied. The top priority was keeping the business afloat, so teams leaned into taking care of customers.
Complete Article at HBR
Tuesday, 4 January 2022
How to Become a Master at Talking to Strangers
Entrepreneurs must become experts at connecting with anyone-and with a few simple strategies, you can. Here's what happened when I tried them myself.
A couple of years ago, I started to talk to strangers.
That’s not to say I hadn’t talked to strangers before that, because I had. I’m the son and brother of highly social small-business owners, and I’m a journalist, so talking to strangers has been both a way of life and a livelihood for me. And yet, a few years ago I noticed I wasn’t doing it much anymore — if at all. Between balancing a demanding job and a really demanding small child, I was often tired, distracted, and overscheduled. The prospect of striking up conversations with random strangers in coffee shops, or bars, or on the bus started to feel daunting. Eventually, I just stopped doing it.
This was a coping strategy, of course. I was overwhelmed, so something had to go. And talking to strangers can, as it turns out, be taxing. Psychologists have found that just making small talk with a stranger can be cognitively demanding, tiring, and even stressful. That makes sense. You don’t know the person, you don’t know where the conversation is going, so you must pay closer attention than you would if you were talking to someone you know well. But psychologists have found that talking to a stranger actually boosts your mental performance — for that same reason: It’s a workout. I was saving myself a bit of effort, but I also noticed that my life was becoming less interesting, less surprising, maybe even a little lonely.
After my epiphany, I got to wondering: Why don’t we talk to strangers more, what happens when we do, and how can we get better at it? It turns out, many researchers are asking the same questions. I started flying around the world to meet them: psychologists, evolutionary scientists, historians, urban planners, entrepreneurs, sociologists, and — you guessed it — a ton of fascinating strangers I met along the way. They all taught me that talking to strangers can not only be fun but also enhance our sense of well-being, make us smarter, expand our social and professional networks, and even help us overcome some of our most intractable social problems.
Complete Article at Entrepreneur India
Monday, 3 January 2022
Our Favorite Management Tips of 2021
Summary.
Our Management Tip of the Day newsletter continues to be one of HBR’s most popular newsletters. In this article, we list 10 of our favorites from the past year. Topics range from why you should use timeboxing to get a better handle of your to-do list to how to prepare for a tough conversation.
Another year, another set of challenges and responsibilities for managers to tackle. Hybrid work, the Great Resignation, mass burnout — on and on. Each weekday, in our Management Tip of the Day newsletter, HBR offers daily tips to help you better manage your teams — and yourselves — through this period of profound change and uncertainty. Here are 10 of our favorite tips from 2021.
Making the WFH Case to Leaders Who Want to Return to the Office
As companies start returning to the office, managers are finding themselves caught in the middle between employees who want to keep working from home and senior leaders who want everyone back at their desks. How can you navigate this tension? Start by finding out what’s driving leaders’ concerns. Do they doubt that people are taking work seriously? Are they worried that employees aren’t collaborating enough? Once you know what’s behind their push to return, find ways to address those concerns. Show that remote work is beneficial to the company, not just to individuals. For example, you can emphasize your ability to retain skilled employees who would otherwise leave. You might point out that remote work offers the ability to draw from a wider talent pool. Consider asking your HR department if they have data on how working from home is paying off for your company. Also, demonstrate that your team is engaged no matter where they’re located. For example, you might invite leaders to video meetings that include both in-person and remote workers so they can see that everyone is committed and participating regardless of where they’re calling in from. If leadership is applying pressure for employees to come back to the office, and you believe there’s a balance that could work better for everyone, try these strategies to make your case.
Adapted from “What to Do If Your Team Doesn’t Want to Go Back to the Office,” by Liz Kislik
How to Give Critical Feedback — Remotely
Giving critical feedback is one of your most challenging responsibilities as a manager — and if you’re working remotely, it’s even harder. How can you update your approach to giving feedback in a WFH world? Here are some key steps to keep in mind:
Start by asking questions. You need to understand your employee’s perception of their performance before expressing yours.
Complete Article at HBR