Tag: wise decision maker

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.

Hybrid work policies benefit companies by increasing employee engagement, productivity, retention, and diversity, but must be communicated clearly to employees. Failing to do so can harm employee retention & engagement.

Managers are recognizing the importance of the hybrid work model and organizations are becoming more open to the idea of flexible working as a long-term solution.

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.

For investors, the collapse of FTX is a reminder to be wary of founders like SBF with an excessive risk appetite. For entrepreneurs, it is a lesson to implement oversight and risk management plans to avoid the fate of SBF and FTX.

To achieve the promise of remote and hybrid diversity, equity, and inclusion, leaders need to address microaggressions in communication and the lack of sponsorship for minorities through training and mentoring programs

Work from home productivity is higher than in the office, especially on individual tasks. Since most employees prefer hybrid or remote work, a policy of flexibility helps companies maximize both retention and productivity.

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