The World's Best Book Summaries
Are you comfortable being yourself, even around people you lead? Do you stand up for others even when it costs you? According to Stephen M. R. Covey, an inspirational leader makes a commitment to be an upstanding person that others look up to. This requires you to be strong, be true to yourself, and understand others well. Continue reading to dig deep into each of these character qualities of a leader who inspires others.
Are self-checkout problems worth the rewards? What negative impacts do they have on customers and employees? How do they harm businesses’ bottom line? Following an expansion of self-checkout machines in stores during the Covid-19 pandemic, some retailers are reconsidering the kiosks. Many companies complain that they’re not getting the bigger profits the machines initially promised—but they are getting bigger problems. We’ll take a look at the downfalls of self-checkout kiosks below.
What’s steward leadership? What do you have to do to embrace this leadership style? Stephen M. R. Covey advocates for a steward leadership style in his book Trust and Inspire. He explains that trusting and inspirational leaders put their stewardship into practice through three primary commitments. Continue reading to learn what these commitments entail and why they’re important.
What are the benefits of behavior-based interviews? How do you get to know a candidate more in an interview? A behavior-based interview lets you identify a candidate’s behavioral tendencies. Understanding how a candidate has behaved in the past helps you predict how they may behave in the future at your company. Let’s look at how to conduct this type of interview to get all the information you need.
What does the future hold for you? Do you know how to plan for the future? The future is uncertain for all of us, but that doesn’t mean we can’t pave the path to it. From general life planning to business succession planning, there are several ways to prepare for what’s to come. Discover how to plan for the future in many areas of life and work.
What will the 2024 job market look like? Which industries will come out on top? What essential skills must job seekers develop to stay competitive in the evolving landscape? Despite predictions of a steady job market in 2024, economists predict significant growth in health care, utilities, and construction. The tech sector is bracing for a paradox in 2024, with artificial intelligence advances expected to trigger layoffs but also to spur the growth of specialized AI-related roles. Keep reading for a more in-depth look at the coming job market.
How will technology impact businesses in 2024? What trends should you expect to see? From rapid advances in biotechnology to quantum leaps in quantum computing processing, technological innovation is poised to transform nearly every industry in 2024. The future of business will look much different than it is now. Here are six key technology trends that experts say will shape and disrupt sectors in 2024 and beyond.
Have you noticed your cereal box getting lighter? Or that the cough syrup you regularly buy tastes watered down? What are shrinkflation and skimpflation? Companies use shrinkflation and skimpflation—reducing the volume and quality of goods and services—to protect their profits in the face of rising operational costs. These practices directly cut into consumers’ purchasing power, as they continue to pay the same amount of money for lower-value products. Here’s a look at how shrinkflation and skimpflation affect both customers and businesses.
Do you know how to set priorities? What basic human needs should every person fulfill for a satisfying life? Whether you’re running a business or simply navigating life, you might face a roadblock when every task appears to be important. Setting priorities can fix this because it ranks tasks by value, which helps you make progress day by day. Continue reading to learn how to set priorities in business and life.
What did Jordan Belfort do to become a financial criminal? What type of financial crimes did he commit? Though Belfort did many things that were against the law, it was his financial crimes that both enriched him and eventually sent him to prison. So many of Belfort’s business dealings were against federal and state regulations because he invented schemes to hide his transactions from regulatory institutions. Let’s look at the principles upon which Belfort’s firm, Stratton Oakmont, was founded and the crimes he committed under its name.