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1. Prioritize Employee Safety: Prepare and educate your team for extreme conditions. Example: Piece of Cake hosts pre-summer meetings to train movers on heat illness signs and hydration, ensuring regular breaks.
2. Invest in Practical Resources: Provide necessary tools to maintain comfort and efficiency. Example: Piece of Cake supplies fresh T-shirts and keeps refrigerators stocked with water and Gatorade for its crews.
By Nick Hawkins | JUL 31, 2024
Read the original article at INC
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1. Ensure AI Transparency and Ethics: Make sure your AI systems are clear and honest. For example, if using AI in customer service, inform customers they are speaking to an AI and explain data use. This builds trust and meets regulations.
2. Implement Robust Compliance Measures: Categorize AI systems by risk level. For instance, if using AI for recruitment, regularly test for fairness and provide clear decision-making info. This prevents bias and maintains trust.
By Benjamin Laker | AUG 1, 2024
Read the original article at FORBES
1. Form Strategic Partnerships: Collaborate with businesses offering complementary services. For example, a marketing agency partnering with a web development firm can provide clients with a full range of services, improving client retention and attracting new customers.
2. Leverage Technology Providers: Partner with leading tech providers to access advanced tools and early tech innovations. For instance, a marketing firm can use AI and analytics from a tech partner to enhance campaign effectiveness and stay competitive.
By Nicholas Leighton | JUL 31, 2024
Read the original article at ENTREPRENEUR
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1. Hire a Chief Velocity Officer (CVO): A CVO can streamline processes and remove bottlenecks to keep your company moving fast. For example, if your product launches are delayed, a CVO can implement tools to boost efficiency and reduce launch times.
2. Balance Speed with Quality: Ensure that the push for speed does not compromise quality. For instance, while accelerating decision-making, maintain standards to avoid mistakes and keep your team motivated and engaged.
By Roland Siebelink | JUL 31, 2024
Read the original article at FORBES
1. Encourage Loud Vacationing: Support employees taking guilt-free time off to recharge. For example, a manager should celebrate team members’ vacations and ensure they fully disconnect from work to boost their mental health and productivity.
2. Promote a Healthy Work-Life Balance: Avoid rewarding constant work without breaks. For instance, instead of praising employees who never take PTO, recognize and support those who use their vacation time to prevent burnout and maintain long-term engagement.
By Nora Redmond | JUL 31, 2024
Read the original article at BUSINESS INSIDER
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1. Strategically Raise Prices: Increase prices to cover rising costs, starting with loyal clients. For example, if energy costs rise, explain to long-term clients why their fees are increasing, showing how you continue to add value to their business.
2. Build Client Trust: Maintain transparency about price increases by communicating clearly and demonstrating the benefits. For instance, sending an email detailing the reasons behind a price hike can help clients understand and accept the change.
By Peter Boolkah | JUL 31, 2024
Read the original article at FORBES
1. Embrace Adaptive Leadership: Be flexible and ready to respond to changes quickly. For example, during a supply chain disruption, a manager should shift resources and reassign tasks promptly to keep operations smooth.
2. Lead with Empathy: Understand and address your employees’ needs and concerns. For instance, listening to team members’ feedback and personal struggles can boost morale and productivity.
By Martin Rust | JUL 30, 2024
Read the original article at ENTREPRENEUR
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1. Create a Safe Environment: Ensure employees feel safe to share concerns without fear of judgment. Focus on what they deliver, not how much time they’re logged on. For example, if an employee meets deadlines but works late at night, support their choice if it works for them.
2. Set Clear Expectations: Communicate goals and processes clearly. For instance, during team meetings, outline the purpose, expected outcomes, and how decisions will be made to avoid misunderstandings and ensure everyone is on the same page.
By Tess Brigham | JUL 30, 2024
Read the original article at FORBES
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1. Discuss Priorities: Identify and write down your top priorities with your managers to align goals. This helps in making informed decisions about meeting requests. For example, if a manager prioritizes completing a project, they can decline a non-essential meeting to focus on important tasks.
2. Protect Your Time: Set boundaries for focused work by blocking calendar time and updating your status on communication platforms. For instance, a manager can block time for deep work and set their Slack status to “In deep work mode from 2-4 PM, expect delays,” helping minimize interruptions and improve productivity.
By Stella Garber | JUL 29, 2024
Read the original article at FAST COMPANY
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1. Stick to Your Vision: Maintain the core elements of your product despite external pressures. For example, HYROX kept its workout format consistent, building a reliable brand and strong identity, similar to how marathon rules never change.
2. Innovate Within Constraints: Improve your product without altering its essence. HYROX introduced tech innovations like digital counting for wall balls while keeping the basic competition format unchanged, much like how new iPhone models evolve while maintaining the same basic look.
By Jon Bier | JUL 29, 2024
Read the original article at ENTREPRENEUR