Good companies offer outplacement services, counseling, and other assistance to the workers being let go. The best companies also take swift action following layoffs to reorganize, reassure, and engage those who remain.
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Welcome to the BEST blog, a collection of team building articles, industry insights, and news about our large collection of programs and events offered in locations across North America.
Every enterprise today has access to technology, information, capital, and even talent (though they may have trouble retaining it). So what is it that separates high-performing organizations—those able to retain and engage the best people, and operate at a consistently high level—from their struggling peers? Recent research studies from Harvard and the U.S. Surgeon General agree on the answers.
In business as in sports, high-performing teams aren’t built on talent alone. While a certain level of individual talent is an essential element, teams that ultimately win championships—or outperform the competition in business—have talented members who work together and collaborate as a cohesive group. And the key element in creating that collaboration is emotional intelligence, or EQ.
The ability to perform at a high level and achieve remarkable goals, whether in business or sports, doesn’t just happen. It’s a combination and culmination of many factors, built upon a foundation of these nine components.
Regardless of what the economy does in the near term, workforce retention and engagement challenges will be part of life for years to come. Fortunately, there are positive ways employers can respond to these issues that will benefit everyone involved.
How should you structure your organization for the future of work: everyone back in the office, fully remote, or a hybrid approach? The latest research suggests that for enterprises focused on optimizing operational performance (i.e., pretty much everyone)—that’s the wrong question to ask.
The bad news is the state of corporate training in the U.S. today is abysmal. The good news is, this is fixable. And companies that do it well will reap multiple benefits.
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