Per capita GDP has grown 1% per year from 2007 to 2015
Recognizing good work is a powerful, cost-effective method of improving organizational performance -- yet it is underused.
Some of Chile's best opportunities to boost productivity may lie in maximizing the talents and skills of its existing workers.
35% of U.S. Managers Are Engaged in Their Jobs
Singapore's productivity continues to lag that of other developed economies. To close that gap, its leaders should look to behavioral economics.
Engaged companies outperform their competition, Gallup finds. And when it comes to assessing their workforces' engagement, those companies measure the right things in the right way.
A sense of hope can help companies prosper. Here's how executives can teach employees hope -- and build strategies that instill it in the organization.
A lack of clearly defined expectations can hurt an organization's productivity. It's better for managers to apply strengths-based goal setting, which clarifies what an organization means by success.
The recession has forced companies worldwide to cut staff significantly, never mind the consequences. But budget slashers, take note: There are effective ways to improve productivity and profitability, and they don't rely on reducing headcount.
Companies can't afford to wait around while Washington debates various plans to reduce healthcare costs. And they don't have to, according to two executives. Organizations have plenty of options at their disposal to stem rising costs and instill healthier employee lifestyles right now.
Contrary to their every instinct, managers should actually encourage their workers to chit-chat, to gather around the water cooler.
Two researchers say that your tribe is more important than anything else at work. Here’s how companies can harness the power of that insight to understand and influence team performance.
This element is measured by the statement “In the last six months, someone at work has talked to me about my progress.” Some people think a performance review will suffice. But it’s not nearly enough, write the authors of 12: The Elements of Great Managing.
Yes indeed, according to research. In fact, managers who demonstrate care for employees have more engaged staffs. So writes bestselling author Tom Rath in his latest book, Vital Friends: The People You Can't Afford to Live Without, which was released this month.
Some people excel in the art of time management, while others are never able to keep up. Whatever the case, we all could stand to improve in this area, and our odds of doing that are better if we make the most of our innate talents.
Research shows they are critical to increasing employee productivity and engagement, according to the authors of How Full Is Your Bucket? Positive Strategies for Work and Life. What's more, people who receive regular recognition and praise are more likely to stay with their organization, receive higher loyalty and satisfaction scores from customers, and have fewer accidents on the job.
Thailand's Prime Minister has urged his country's industrialists to improve productivity and quality amid increasingly tough global competition. This is a tough challenge for any company. The first solution that comes to mind -- investing in new technology and machinery -- is only open to financially strong firms. A better solution is to harness a company's human potential.
As the economy slows, managers may be forced to reduce their sales forces dramatically. When done right, downsizing can have a positive effect on sales productivity and growth. But when done poorly, it can result in prolonged and sustained damage to your sales organization. Here are smart strategies for approaching a manager's toughest challenge: choosing who stays, and who goes.