Workplaces have undergone unprecedented rates of change in recent years, driving organizations to look at the most effective ways to manage change. At its core, change management is proactively managing change and minimizing resistance through structured processes and approaches to help transition... Continue Reading
New manager development is hard work. The benefits to organizations that get it right include strengthened performance, improved engagement and retention, meaningful collaboration, and increased innovation. Oh, and the strengthened leadership pipeline is alright, too. I checked, and new managers... Continue Reading
US companies scaled back hiring in November, with manufacturers reducing headcount to the lowest level since early 2022, adding to evidence of a cooling labor market. Private payrolls increased 103,000 last month and October’s reading was revised lower, according to figures published by the... Continue Reading
Your company’s video conferencing system probably uses rudimentary AI to record meetings and create transcripts. But over the next few months, thanks to generative AI, your software will gain capabilities that will completely upend how online meetings are conducted. Some of the newest... Continue Reading
Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported Wednesday in an upgrade from its previous estimate. The government had previously estimated that the economy grew... Continue Reading
How leaders, employees and organizations can better prepare themselves for the impact of AI. Offices devoid of human workers. Streets occupied entirely by driverless vehicles. Factories and restaurants running on automation alone. While these may be extreme scenarios, artificial intelligence (AI)... Continue Reading
Four consistent habits that effective leaders practice to foster greater engagement and problem-solving. Leaders want their organizations to stay relevant, survive and thrive and solve important problems for their customers, the organization, and work processes. From large corporations such... Continue Reading
Identifying opportunities in safety, sustaining 5s and quality should be part of leaders' daily routine. As a leader in the field of manufacturing, as soon as you step onto the shop floor you need to pay attention to your environment. This includes safety, 5s and quality with the process... Continue Reading
About the Leading Economic Index and the Coincident Economic Index: The Leading Economic Index provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. The Coincident Economic Index provides an indication of the current... Continue Reading
Weakness in China, Europe Continues to Challenge Global Manufacturers The J.P. Morgan Global Manufacturing PMI™ edged down to 48.8 in October, with activity in the sector contracting for the 14th consecutive month. New orders decreased at a slightly slower rate, but output,... Continue Reading
If you’re in business, you’ve likely encountered toxic people like these: The Unreasonable Demander. A small boutique clothing store had a customer who would come in regularly, try on numerous outfits and then demand special discounts for each item. She would threaten to leave... Continue Reading
U.S. wholesale prices fell sharply last month as inflationary pressure continued to ease after a year and a half of higher interest rates. The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — dropped 0.5% in... Continue Reading
