Corporate Culture

The Power Behind Innovation: Creativity

Innovation is essential for business to succeed today. Creativity fuels innovation. The word “creative” sparks images of artists, writers, or even children at work on crafts, but without harnessing the imagination, we are unlikely to transcend traditional business practices, conceive new products, or obtain new customers. Today’s workplace unwittingly rewards “in the box” thinking and

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Talent Retention in the 21st Century

Talent acquisition and retention has changed markedly over the last 15 years due to globalization and technology. As both companies and employees emerge from the 2008 recession and the painful recovery, the changes are becoming more apparent, and workers may have the advantage due to smaller pools of candidates. Attracting and retaining high quality employees

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Sponsors, Not Mentors for Women in Business

We’ve talked before in the blog about ways women can advance in their careers. Some traditional advice has suggested finding a mentor. In recent years, there has been more advocacy for a sponsor either as an extension of the mentor relationship, or an entirely new one. While it seems like the two roles are the

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The Landscape of the Changing Workplace

Work in the 21st century is changing. Gone are the days of a 35-year tenure at one job with a retirement pension. Today’s workers are mobile, moving jobs on a more frequent basis. Layoffs and staff reductions are commonplace. Technology allows us to work anytime, anywhere. Even the concept of “retirement” is changing. We are

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Managing Flexible Working Arrangements

One of the best ways to help employees achieve work/life balance is through flexible working arrangements. And as technology has increased the possibility of working anywhere and whenever, flexible work has become common. There are significant benefits to the employer when flexible arrangements are offered such as lower turnover and employees feeling empowered and in

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Chief Operating Officers: The Unsung Heroes of the C-Suite?

The role of chief operating officer has typically been relegated to the background while the CEO takes front and center stage. Understandable, since the CEO is typically the face and voice of the company. The COO’s role is internal and much of the work is done behind the scenes. However, more attention is being paid

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High Frequency Trading: New Book Stirs Controversy

Michael Lewis, the author of books such as The Blind Side and Moneyball, has written another book, this time focusing on the world of high frequency electronic trading (HFT). In Flash Boys: A Wall Street Revolt, he tells the rather complex story behind HFT and how it may be costing investors millions – and not

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Is There a Pink Elephant in the Room?

Some believe that having made their way to top positions, senior women-executives might hire and encourage more women. But much of the time, it doesn’t play out that way. Research conducted by Michelle Duguid, PhD., is showing that often, women in top roles actually are not helping their qualified peers. Michelle is the assistant professor

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