By Victor Assad. Gallup reports that its global employee engagement measures have fallen during the last two years, after rising for all of the previous 12 years, except in 2020, during COVID-19. In 2024, it fell by two percentage points. Gallup estimates that the world economy suffered an estimated $438 billion in lost productivity. [...]
Our emotions are being significantly affected by the economy. It is currently facing significant challenges, including instability in international trade and market and manufacturing disruptions. As well, the confidence of Americans is declining. These macro disruptions affect all of us, executives and employees, every time we read or watch the news. They cause us [...]
By Victor Assad. Executives would sleep better if they knew their employees had their back and would raise significant issues and opportunities, not just brush major issues under the rug. As a C-suite executive, wouldn’t you want an organization like this? Today, I have a true story for you that illustrates how your employees [...]
By Victor Assad The business environment and workforce are undergoing significant transformation as organizations brace for change and the integration of artificial intelligence (AI). AI will also create new technical fields and eliminate many administrative roles. Changing workforce demographics and labor shortages in Western democracies and mature Asian economies will also impact the need [...]
Over a decade ago, Harvard Business School professor Gary Pisano famously wrote that companies should consider creating an innovation strategy. Today, an innovation strategy is not just an optional nice thing to have — it’s a requirement for companies that want to be successful. The business environment is volatile, with short-term and longstanding impacts from [...]
The pace of new tools for innovators, such as OpenAI, is exciting. However, research shows that without the right culture, digital transformation in organizations fails. Organizational Culture is key for executives to lead continual change, technology implementation, and to have business and financial success. Command-and control-leadership, and top-down autocratic culture, doesn’t work when implementing digital transformation. Faisal [...]
By Victor Assad. For decades, employees have preferred to have men as bosses, but new research shows that as many as two-thirds of workers now have no preference for the gender of their bosses. This is a significant gain for women, going from not preferred to no preference for the gender of their bosses. [...]
By Victor Assad We celebrate Thanksgiving in the US this week. It’s my favorite holiday of the year because of the family-and-friends gatherings, my favorite meal of the year, and the spirit of gratitude and giving without the hustle and bustle of the end-of-the-year holidays. Workers need gratification. Being grateful is an American tradition. [...]
By Victor Assad. Perhaps you missed it, as I almost did, but it was bosses’ day last week. There were plenty of articles on what gift to give your boss, and some of my clients asked me the same question. I found this amusing. In my days as a boss, I was frequently thought [...]
By Victor Assad Unfortunately, many employees do not feel valued at work. As reported by Forbes, a survey of more than 1,000 full-time employees in the US found that more than half of respondents felt only somewhat valued (46.6 percent) or not valued at all (10.7 percent) by their organization. And here’s the point [...]
