Millennials Cite Stagnant Pay as Top Reason for Quitting
Minimal wage growth is the top reason why U.S. millennials quit their jobs, according to an Ernst & Young survey. Seventy-eight percent of millennials questioned as part of E&Y’s Global...
View ArticleNo End in Sight to the Clichéd Metaphor of the Corporate Journey
In my first job that did not involve beer or sliced ham, I worked in the corporate affairs department of a pharmaceutical company. One day some consultants came to pitch for the account to design our...
View ArticleLeading Questions: Four Reasons Why Asking is Better than Telling
Winners answer their own questions. WATOQ, as it’s known, is one of the sacred management tenets at Scroll, an ambitious service firm that wants to disrupt the book business. Employees are instructed...
View ArticleA Blast of Common Sense Frees Staff from Appraisals
Last week I did the most unexpectedly uplifting thing I’d done in ages. I was in need of cheering as I’d just sat through a documentary in which the brilliant, bulimic Amy Winehouse drinks herself to...
View ArticleDennis Arriola of SoCalGas: Inside the Mind of a CFO-turned-CEO
CFOs who aspire to their bosses’ job need to take an inventory of the useful traits they have already acquired—such as quick-fire analytical skills and leadership-strength formality—and those...
View ArticleThree Steps to Take You From CFO to CEO
This is part two of a two-part series. Click here to read the first part. It’s easy to imagine the traits that characterize successful financial executives at service firms—and why those same qualities...
View ArticleAmazon is at the Head of an Outbreak of Good Sense
Last week, after a long period of stupidity from the corporate world, three astonishingly sensible things passed over my screen all at once. Two of them came from small companies, but the third came...
View ArticleRoaring Ahead: Three Strategies That Kept a Car Dealership Ahead of...
Long before Google began separating cars from their drivers, the internet was paving the way for abolishing auto dealerships. Like other service-driven retailers—remember Borders and Circuit City? —...
View ArticleVoicemail’s Message for the Office Phone: ‘It’s Over’
A few weeks ago JPMorgan scrapped voicemail. Now anyone trying to attract the attention of its retail bankers has to email, text or call their mobiles instead. As practically no one leaves messages on...
View ArticleFiguring out the Rules of the Road for Incentive Compensation
It’s difficult to design an incentive compensation program that rewards employees for driving organizational success—rather than inspiring them to game the system. But for Erik Day, the dilemma is that...
View ArticleBox and Its Lessons for Ambitious Technology Start-Ups
What does the future hold for unicorns? There are now 131 private tech companies valued at $1bn or more – a threshold that has earned them the “unicorn” label – according to research provider CB...
View ArticleNon-Trivial Pursuits: How CFO Mark Bouckley Reignited his Passion for Business
In 2012, Mark Bouckley served as the CFO of a footwear company and earlier this year signed on as the CFO of a retail business. But much of what he did in-between those postings bore marginal...
View ArticleVolkswagen’s Deception Is a Warning to Every Company
The most dangerous three-word phrase in business is: “Everyone does it.” However conventional it is to bend the industry’s regulations, however great an advantage your rivals gain, however much...
View ArticleMulti-Tasking: How to Survive in the 21st Century
Forget invisibility or flight: the superpower we all want is the ability to do several things at once. Unlike other superpowers, however, being able to multitask is now widely regarded as a basic...
View ArticleNot So Secret Ingredient: Three Recipes that Boosted Sonic’s Brand
At first glimpse, it would be easy to mistake Sonic Corp. for a restaurant relic, a service business that drove right into a time warp. After all, drive-in restaurants—with carhops on roller skates...
View ArticleThe Pitfalls of the Microsoft and Apple ‘Frenemy’ Pact
If you were surprised when a senior Microsoft executive took the stage at Apple’s latest product launch last week, you need to brace yourself for more of the same. The spread of digital platforms, the...
View ArticleLeaders Who Want to Grow Need to Learn Benefits of Staying Small
Setting up a company is hard. You need to come up with a business plan, find investment, sort out legal and regulatory issues and then find enough customers or clients to pay the bills. And that is...
View ArticleTransformation Is Crucial When Digital Disruption Is the Norm
Memories of the last tech bubble, when big companies worried about being “dotcommed” by internet start-ups that wanted to take their trade, have faded. Instead businesses now fear being “Uber-ed”. From...
View ArticleThree Ways to Reduce Employee Turnover—Without Raising Pay
Unless a new hire’s long-term plans happen to include a career in Roller Derby, a job at one of Sonic’s drive-in restaurants—where carhops on roller skates race to deliver tater tots and limeades to...
View ArticleTo Catch a Spy: 3 Strategies to Unmask Snoops
You’d think the top executive at a marketing and design firm would be happy to receive calls from prospective customers—and at the rate of two a month. But he’s not. Quite the opposite, exactly. “This...
View ArticleAirlines Reach for WiFi in the Sky
Forget champagne, fully flat beds and onboard showers. For airlines’ business travelers, the must-have facility these days is WiFi. In the past few years, European airlines have been rushing to install...
View ArticleStart-ups aim at banks’ income streams
The aim seems to be to inflict death by a thousand cuts. Banks and financial institutions are huge whales – sprawling businesses built over decades that make them seemingly impenetrable to the...
View ArticleRalph Lauren on the importance of a name
When the FT first interviewed Ralph Lauren in 1989, he laid down a maxim that every designer who puts his or her name on a garment should commit to memory. “You have to be very, very careful with...
View ArticleA New Kind of Virtual Scam: Three Strategies to Fend Off Fraud
E-commerce companies no longer have to worry about battling traditional fraud —exclusively, that is. Now such service businesses also have to take up arms against “fast fraud.” That’s the phrase used...
View ArticleWhy Making Smaller Deals is an Acquired Taste
You may have missed the headlines about the latest deal involving Q2 Holdings. There’s a reason for that: there weren’t many. Big-money agglomerations involving brand-name companies like AB InBev (and...
View ArticleMarijn Dekkers, Bayer CEO: From GE to Germany
18 October 2015 As consolation prizes go, the career of Marijn Dekkers has been a good one. His teenage ambition was to make a living from tennis and he came close, reaching number two in the youth...
View ArticleLinkedIn is at the center of an ideological recruitment battle
18 November 2015 Eddie Vivas is in an odd position. His job is to apply mathematical formulas to LinkedIn’s millions of personal profiles to match the right potential job candidate with the right job...
View ArticleThe tech overload consultants advising on digital detox
08 October 2015 From first thing in the morning until last thing at night, Darren Fergus would check his email and social media accounts. Despite grumbles from his son, the entrepreneur thought he had...
View ArticleToday’s Lesson: Finding a Useful Definition for ‘Big Data’
Looking back, 2015 was finally the year that every professional service firm leveraged Big Data to drive remarkable results. OK, that’s an exaggeration. But could it be that 2015 was the year in which...
View ArticleRe-Organized Labor: The Changing Meaning of Being an ‘Employee’
As part of the management team at a labor-intensive service company, you undoubtedly know—at any given time—how many employees are working at the business. Or do you? Strictly speaking, it’s not...
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