ByHBR.org
Posted on - HBR attempts to equate the firing process with a most appropriate metaphor: A no-fault divorce. This insert means that as painful as divorce may be at the time, it allows two people to correct a mistake and move on to a more satisfying future. And handled well, termination works the same way. Here’s how to do it right…
I would find it hard to believe that any successful person achieved that success without having at least one mentor along their journey – someone who was instrumental and influential in the life journey of the person being mentored (the mentee). But what is mentorship? Mentorship is a semi-formal relationship between someone who has wisdom…
As the UK economy continues to lick its wounds and works hard to rebuild a more rosy future, it is a useful time for reflection and improvement. Whilst very few industries emerged unscathed, in the construction industry there is no disputing the level of chaos and damage caused by half a decade of economic quagmire….
The biggest increase in company profit in the past decade is proving reason enough for investors to hold on tightly to their stocks. This, despite the fact that the Standard & Poor’s 500 Index has rallied 97 percent. Experts have indicated that consumer spending will sustain this financial recovery (post the 2008 financial crisis). This…
Possibility Deficit Disorder (PDD) is the pervasive and persistent experience of ‘no possibility’ now, and no attractive prospects in the future. PDD is widespread in modern times. At a national level, it is evidenced in the lack of ambitious ventures in technology development, industrial policy, educating necessary resources, infrastructure planning, national security, and transportation. PDD can be observed…
Germany is applying the pressure on its European counterparts to move toward fiscal integration. German Chancellor Angela Merkel is on a mission to implement some form of central authority to take charge of euro area finances, and numerous new powers for the European Commission, European Parliament and European Court of Justice. It has also been…
EnterpriseIn the January 1, 2009 edition of CFO Magazine , an article entitled Rethinking Riskreferenced a recent survey of 125 CFO’s. The survey reports that 62% of the respondents blame the financial crisis on “risk management‘s inability to understand complex financial instruments”. It states that nearly 75% of the executives rank risk management ahead of many key issues facing the…
