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Does success beget success? Not necessarily. In fact, success can hurt a winning team. In our research, we found that success comes with a trap: It can cause teams to rely more on their most influential members or stars—in other words, the hierarchy of the team becomes steeper. This makes the team less adaptable and more likely to get stuck in old ways of doing things. And, ultimately, it increases the chances of failure the next time around. Does success beget success? Not necessarily.…

Research finds managers are less likely to pursue viable ideas that come from internal versus external sources. But there are ways to minimize the bias. Research finds managers are less likely to pursue viable ideas that come from internal versus external sources. But there are ways to minimize the bias. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

For many companies, few topics are more unpleasant to think about than product returns. And few topics are more crucial to the bottom line. To understand why, consider this: From 2019 to last year, the rate of returns in the U.S. more than doubled to some 16.6% of retail sales—meaning $761 billion of goods were returned in 2021, according to the National Retail Federation and Appriss Retail. At the same time, returns are becoming more costly, with shipping and labor costs rising. For…

Medical wearables open a window into the human body and are revolutionizing personal health. At least for me, they are also transforming self-care in a way that is revelatory, maddening and indispensable. These tiny supercomputers attach to the body and generate health data for the user—a continuous stream of real-time information about one’s heart rate, blood oxygen level, blood pressure, skin temperature, respiratory rate, glucose level, body motion and, on the horizon, cancer, ketones, cholesterol…

Efforts to spur hiring of U.S. military veterans have ramped up in recent years. Many private-sector companies and nonprofits are introducing or expanding programs that help match veterans with civilian jobs. Some also are rolling out initiatives that aim to address specific pain points, such as military-spouse unemployment caused by frequent moves, and the inability of many veterans to advance in private-sector careers. Efforts to spur hiring of U.S. military veterans have ramped up in…

Executives at some major companies have delivered a clear message to managers this summer: Identify the underperformers and show them the exit. Companies took an approach of benign neglect to monitoring employee performance during Covid-19—such as dropping formal evaluations and goal-setting conversations. It hardly seemed fair, the thinking went, to grade someone who had to juggle work with increased responsibilities at home. Skipping reviews also gave managers time to devote to other crises, for…

What a difference a pandemic makes. More than two years after the coronavirus began to roil the world, leaders of the best-run companies are displaying new qualities that are essential to building a more caring and empathetic workplace and otherwise thriving in a topsy-turvy environment, according to a study conducted by the organizational-consulting firm Korn Ferry . What a difference a pandemic makes. More than two years after the coronavirus began to roil the world, leaders…

For all of the effort companies have poured into hiring and advancing people of color, those moves rarely benefit the biggest—and most diverse—pool of workers they employ: the millions of low-wage workers in America’s stores, warehouses, plants and other front-line workplaces. Companies have devoted no shortage of resources and rhetoric to making their corporate and management ranks more racially diverse in recent years—from recruiting more at historically Black universities and colleges to appointing…

The luxury sports-car company aims to start selling a fully electric vehicle in 2025. Can it do that and still be Ferrari? The luxury sports-car company aims to start selling a fully electric vehicle in 2025. Can it do that and still be Ferrari? FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

A little complexity helps companies raise prices without customers noticing. But at some point, it drives consumers away. A little complexity helps companies raise prices without customers noticing. But at some point, it drives consumers away. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…