Business Archives

The Future of Movie Theaters After COVID-19

Are movie theaters going out of business? What does the future of movie theaters look like? In 2020, the COVID-19 pandemic caused mass panic and greatly impacted the entertainment business because of movie theater closings. As a result, streaming services saw an increase in popularity that permanently affected how film companies would distribute their films moving forward. Let’s break down what’s causing people to wonder about the future of movie theaters, and if theaters are actually dying.

How to Encourage Team Members to Perform Better

Is your team falling behind at work? What can you, as a leader, do to get your team to perform at their best? Your team reflects how good of a leader you are. If your team is lacking in performance or isn’t showing improvement, you need to give them better feedback. According to Buckingham and Goodall, the authors of Nine Lies About Work, most leaders give exclusively corrective feedback, which puts people on the defensive. Instead, leaders should focus on highlighting what people are doing well rather than what they should improve. Here’s how to encourage team members to perform

What Qualities Make a Good Leader?

Do you want your team to follow and respect you? What qualities make a good leader? In their book Nine Lies About Work, Marcus Buckingham and Ashley Goodall explain the traits that leaders should exhibit if they want to build a thriving organization. We’ve combined these traits into three core qualities that embody the freethinking leader, a person who values individuality and questions traditional systems. Keep reading to learn about the key qualities that make a good leader, according to Marcus Buckingham and Ashley Goodall.

Nine Lies About Work: Book Overview

What is Marcus Buckingham’s and Ashley Goodall’s Nine Lies About Work about? What are the main points you should take away from the book? In their book Nine Lies About Work, Marcus Buckingham and Ashley Goodall expose the flawed workplace norms that are often misconceived as the traits to success. They sum up these norms into nine lies and explained why they’re so damaging to businesses. Below is a brief overview of the key themes.

The Best Books on Leadership and Management

Do you want to level up your leadership game? What are the best books on leadership and management? With so many “best” books on leadership and management out there, it can be difficult to pick out the gems. The best books are the ones with authoritative resources written by successful leaders who don’t just preach theory but also offer actionable strategies to help you become a better leader. That’s why we’ve rounded up the following list of the absolute best books on leadership and management—written by leadership experts with decades of experience, featured on well-known bestsellers’ lists, and positively rated

The Importance of Empathy in the Workplace

Why is it important to foster empathy in the workplace? What are the consequences of a lack of empathy in an organization? According to management theorist Simon Sinek, empathy in the workplace fosters a supportive environment by combating abstraction through the release of oxytocin. When empathy is absent, people see each other as abstract concepts rather than people. As a result, they focus on their own benefits, rather than the common goal. Read about the importance of empathy in the workplace, according to Sinek.

Why You Should Prioritize Long-Term Business Goals

Why is it important to set long-term goals for your organization? How does focusing on short-term goals stifle your progress? Many leaders don’t even think about their long-term business goals, focusing on short-term profits instead. According to management theorist Simon Sinek, short-term focus impedes progress because it stifles oxytocin and empathy. Instead of focusing on your company’s profits for this year, plan how you’ll impact the market for the next five. This puts your decisions in the context of causing lasting positive change, rather than immediate, temporary success. Here’s how short-term focus stifles progress and why you should prioritize long-term

Simon Sinek’s Circle of Safety, Explained

What is a “circle of safety” in Sinek’s conceptualization? How do you develop a circle of safety in your organization? According to Simon Sinek, a “circle of safety” is a company culture where employees’ needs are prioritized above the company’s profits. By putting your employees’ needs first, you create an environment where they feel safe to collaborate and innovate. Here’s how prioritizing your subordinates’ needs drives collaboration and innovation, according to Sinek.

Thor Software: How It Changed the Stock Trading Game

How does the Thor software work? What was it originally created for? After discovering how high-frequency trading (HFT) was impacting Wall Street and the overall financial market, Canadian trader Brad Katsuyama developed the Thor software, which slows down a broker’s order so an HF trader can’t manipulate its latency time. Keep reading for a background on the Thor software and how it’s used against high-frequency trading.

What Does IEX Company Do? More Than You Think

Have you ever heard of Investors Exchange, better known as IEX? What does the IEX company do to make stock trading fair? IEX is a stock exchange based in the United States and was founded by Canadian stock trader Brad Katsuyama. Michael Lewis details the creation of IEX and what the company does in his book, Flash Boys. Keep reading to learn about what the IEX company does to improve the stock market’s standards in just five solutions.