The World's Best Book Summaries
What does a managing director do? Who do they report to? Multi-company managers, also known as managing directors, are high-ranking corporate executives who oversee multiple company managers. They report directly to a conglomerate’s CEO, meaning they’re one of the highest-ranking leaders in a company. Discover more about the responsibilities of a managing director.
What does a good CEO do? How can CEOs help their companies succeed in the short and long term? The CEO role is the ultimate prize at the end of the rainbow for career-driven managers. CEOs are in charge of the bottom-line success of a global conglomerate and all its subsidiary companies. Find out how to be a good CEO who garners good results for companies.
What’s the importance of business administration? How can a strategic platform administration help your company? A strategic platform administration system can help you maintain control of your platform’s quality as it grows. To keep users happy, your administration must be straightforward, clear, judicious, and fair. Learn more about why a business administration is important.
Why is there a nurse shortage in the US? How can hospitals and the government address it? The US nurse shortage is predicted to reach up to 5.7 million by 2030. It’s caused not by a lack of registered nurses, but by high turnover. Causes of the shortage include COVID-19-induced departures, burnout, a dearth of nursing educators, and more. Continue reading to learn about the factors causing the nursing shortage.
Are you stuck in a rut? What are Adam Alter’s recommendations for pushing through the barriers of life? As anyone who feels like they’ve hit a wall knows, the hard part is picking yourself up and pushing on. Alter says that, when you feel like progress has ground to a halt, there are a variety of ways to kickstart it again. Check out how to get out of a slump with Alter’s recommendations.
Do you want everyone to win in a negotiation? Should compromises be allowed in a negotiation? Herb Cohen states that the first step in a win-win negotiation is to establish a common goal: Announce to the person you’re negotiating with that you want to find a solution that satisfies everyone’s desires. This way, once you get into negotiation, both parties will actively search for win-win solutions. Continue reading to learn why negotiation compromises fall short.
Do you know how to build an effective team? Is your current team failing to work cohesively? Claire Hughes Johnson recognizes that the work isn’t finished after you’ve hired the best candidates to round out your team. On the contrary, you must take active steps to integrate these new employees successfully into the team. Let’s examine three steps that Hughes Johnson recommends for building and sustaining effective teams.
Is it time for you to evaluate employees? What are the three parts of an employee review? Claire Hughes Johnson points out that managers should implement formal reviews that occur on a consistent basis. Such reviews have three parts: gathering feedback from various sources, adjusting that feedback to account for irregularities, and determining any changes to compensation. Discover how to write employee reviews that are thorough and helpful.
What is a business operating system? How does accountability improve a company? Claire Hughes Johnson notes that your operating system—the set of underlying norms that outline how your company functions—allows your company to function effectively. She discusses three subsystems that are essential to your operating system: constructing strategy, ensuring accountability, and fostering communication. Here’s more on the three subsystems of a business operating system.
Do you know how to mentor employees? What is inquisitive coaching? Claire Hughes Johnson recognizes that management’s work doesn’t end with the formation of a thriving team. On the contrary, she holds that managers should continue to develop the skills of their employees through active instruction. Let’s discuss Hughes Johnson’s informal approach to mentoring employees.