7 Management Lessons from Kickstarter
What can managers learn from a cooler? It turns out a lot! One of the most successful Kickstarter campaigns in history, "The Coolest" cooler, went viral this summer. Thousands of people invested in the success of the product by willingly pledging their money and support. Managers can learn 7 key lessons from The Coolest's success about how to gain employee loyalty and commitment. Read more.
Would You Risk Being Fired for Your CEO?
Over 2,500 employees from Market Basket, a local Boston grocery chain, recently protested the ousting of their CEO, Arthur T. Demoulas. Eight employees who participated in the rallies were fired. When only 43% of people trust their CEOs, active public support for them is unusual and employees risking their jobs out of loyalty to their leader is even more extraordinary. Read more.
Employee Engagement Starts with the Manager
Only 3 out of 10 of your employees are aligned with your company's goals and are actively working to execute them. Every company understands the benefits of engaged employees: higher productivity and reduced turnover. But not every company understands that the best way to increase motivation is by improving the relationship between managers and their staff. Read more.
Avoiding Discrimination Claims
In 2013, the EEOC estimated that it had 93,727 discrimination claims filed. Taking the case to a jury trial can cost employers up to $250,000 and does not include any costs to settle. The energy, time, and resources spent dealing with claims costs employers money, causes innumerable headaches, and can damage a company's reputation. Instead of crossing your fingers and hoping to be free from claims, employers can take proactive steps to reduce and prevents claims. Read more.
July 2014 Jobs Report
The U.S. economy added 209,000 jobs in July while the unemployment rate rose slightly to 6.2%. The major industries that had the most growth were business services, manufacturing, retail, and construction. Read more.
Make Team Building a Picnic
If you're tired of trust falls and worn-out team-building activities, your staff probably is too. Company events don't have to be a drag. Find new and interesting ways to promote a little friendly competition, build camaraderie, and encourage teamwork. Set yourself free to be creative and draw inspiration from television and pop culture. Read more.