HBR – Reflecting on personal goals, preferences, and past experiences can help employees identify the rewards and recognition that are most meaningful to them. By listing and ranking these preferences, observing workplace practices, communicating with managers, and providing constructive feedback, employees can guide their employers in offering more effective and personalized incentives. This approach enhances motivation, engagement, and job satisfaction, benefiting both employees and organizations.
Unlocking Success: Strategic Alliances and Technology for Professional Service Firms
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
Hybrid Work Reduces Employee Turnover Without Affecting Promotions
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FORTUNE – Stanford’s research by Nick Bloom demonstrates that hybrid work models can significantly reduce employee attrition without negatively impacting performance. Managers should consider adopting flexible work arrangements, allowing employees to balance remote and in-office work. This approach can enhance job satisfaction and retention while maintaining productivity and opportunities for promotion. Effective communication, clear expectations, and support for remote work are essential to successfully implement hybrid work models. By embracing this flexibility, companies can foster a more engaged and stable workforce.
By ORIANNA ROSA ROYLE | JUN 18, 2024
Innovative CEO Strategies: Brian Niccol’s Unique Approach to Fixing Everyday Challenges at Chipotle
1. Brian Niccol noticed that Chipotle restaurants were often running out of key items like chips and chicken after reopening from the pandemic. He addressed this by demanding a return to high standards, emphasizing that a Mexican restaurant should never run out of chips, and pushed his team to quickly fix the issue.
2. Niccol listened to feedback from Chipotle workers and discovered they were using a makeshift solution to offer larger portions of guacamole. He immediately added the right buttons to the cashier terminals and provided proper containers, making the process more efficient and satisfying customers’ needs.
By Theron Mohamed | AUG 17, 2024
Read the original article at BUSINESS INSIDER