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Culture matters to employers and employees. Demographic shifts, diversity, talent shortages, automation and more play into what that culture looks like. And it’s only going to get more complicated. According to Fast Company, by 2030 teams will become more diverse and effective communication will be harder.
The July August 2020 President’s Letter borrowed original text, with permission, from a scientific article called “The Risks – Know Them – Avoid Them.” by Erin Bromage, Ph.D., associate professor of biology at the University of Massachusetts.
Managers make about three billion decisions each year, and almost all of them can be made better. In a three-month study of 100 managers, the Harvard Business Review found that managers who made decisions using best practices achieved their expected results 90 percent of the time, and 40 percent of them exceeded expectations. The good news is that there are ways to consistently make better decisions by using practices and technologies based on behavioral economics.
