Tag: decision making process

JPMorgan CEO Jamie Dimon is wrong: remote work helps workforce diversity, while a forced return to office hurts it. Adopting best practices for workforce diversity in remote work will help firms exceed diversity targets and financial performance, as it helped Meta. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes how the CEO of JPMorgan got remote workforce diversity exactly wrong.

If there is a recession, having most employees working remotely will benefit the bottom line at many companies. Leaders who don't grasp this reality will fade into irrelevance as economic conditions worsen. That's the key take-away message of this episode of the Wise Decision Maker Show, which discusses whether a recession will increase remote work.

Despite opposition from families of crash victims, pilots' union, and a key congressman, Congress cleared the Boeing 737Max 10 jet for certification without added safety measures. The cause of the crash was a cognitive error known as normalcy bias.

Musk’s authoritarian stance on hybrid and remote work undermines Tesla’s future as employees want autonomy and flexibility. Companies embracing new work models will succeed, while traditionalists will be left floundering

Remote mentoring is a best practice that offers a solution to one of the biggest challenges for hybrid and remote work: on-the-job training and integration of recently-hired staff. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes mentoring for effective integration of junior employees in hybrid and remote teams.

Despite many traditionalist executives pushing for a return to the office, remote work will win this fall as the threat of new contagious COVID variants looms large. Companies that adopt a hybrid-first, team-led model will seize a competitive advantage

The pandemic has taken a toll on employees’ mental and physical health, so many organizations have started hiring a Chief Health Officer to oversee the prioritization of health in all policies. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes the new role of a CHO.

A common challenge for building a strong hybrid and remote work culture are tensions around differences in time spent in the office. To address this, leaders must create a work culture of “Excellence From Anywhere” that focuses on deliverables rather than where you work. That's the key take-away message of this episode of the Wise Decision Maker Show, which describes the most effective strategies for a hybrid and remote work culture.

The future of work will reward those who adopt best practices for an innovation advantage, and penalize those who do not. To seize a competitive advantage, you need to adopt virtual brainstorming for hybrid and remote teams.

For creating competitive advantage in the new normal, forward-looking leaders need to let go of their preferences for in-office work. They need to adopt a hybrid-first model for most staff, and support full-time remote work for a minority.