Episodes

Sunday Nov 03, 2024
Sunday Nov 03, 2024
This practitioner-oriented research brief examines why and how companies can strategically track employee lifetime value (ELV) metrics. ELV refers to the total financial contributions and indirect cost savings an employee provides over their career both within and beyond their tenure at an organization. After outlining the scholarly foundation demonstrating ELV as a key driver of competitive advantage, productivity, revenue and firm performance, the brief delves into methods for quantifying ELV. Two primary components are contribution value from direct compensation and indirect support roles, as well as retention value from avoided replacement expenses and future referral potential. Examples are given of calculating ELV through estimating average tenure, forecasting contribution streams, incorporating various rates and modeling knowledge depreciation. The brief then analyzes how leveraging robust ELV insights supports strategic decisions around talent deployment, succession planning, training investments, and evaluating alignment of strategies to sustain ELV. Finally, real-world case studies from the technology and financial services industries demonstrate multi-billion dollar impacts achieved by companies that proactively track and maximize employee lifetime value through workforce planning and positive engagement of employee networks.

Sunday Nov 03, 2024
Sunday Nov 03, 2024
This article explores how organizations can design more meaningful feedback practices to boost employee engagement. Drawing on academic literature linking feedback and engagement, key drivers of the connection are identified, such as fulfilling psychological needs for competence and purpose. The brief then advocates shifting feedback focus from retrospective evaluations to forward-looking development centered on learning, growth opportunities, and stronger role alignment. Practical application examples across industries including healthcare, education, technology, and manufacturing demonstrate embedding feedback within organizational purpose and contextual priorities. Additional implementation strategies are offered, such as framing managers as coaches, emphasizing continual check-ins over annual reviews, rewarding continuous learning, and soliciting worker feedback. The conclusion asserts that by reframing routine feedback interactions to stimulate motivation, skills, and purpose-driven work, companies can transform this tool into a key lever for fostering enduring employee commitment, dedication, and fulfillment.

Saturday Nov 02, 2024
Saturday Nov 02, 2024
Abstract: Having a diverse, inclusive, and equitable workplace has become an important priority for many organizations today, however, diversity alone does not guarantee inclusion or equity as unconscious biases like affinity bias can undermine efforts if left unchecked. Affinity bias refers to the tendency to form stronger connections and have more positive feelings towards others similar in attributes, stemming from cognitive processes that view similarity as trustworthy, commonly impacting opportunities in organizations. It persists due to forces like homophily naturally gravitating towards similarity, unconscious biases operating below awareness, lack of diversity allowing similarity as default, conformity pressures, and more apprehension evaluating dissimilar others. If unaddressed, negative impacts include less diverse pipelines and leadership over time, inequitable experiences and outcomes, lower innovation and problem-solving, and loss of talent. Research shows affinity bias can be overcome through intentional efforts across organizational levels including designing fair structures and systems like instituting consistent talent criteria, unconscious bias training, diverse interview panels and anonymous screening, as well as enhancing diverse social networks through mentoring, sponsorship, and networking programs, providing ongoing DEI learning delivered to all employees on topics related to identity, privilege and inclusion, and modeling inclusive behaviors through KPIs and goals linked to diversity accountability in performance reviews, challenging exclusionary behaviors, and appointing C-level oversight. A case study demonstrates how one firm systematically addressed affinity bias threatening diversity goals through training, anonymous assessments, consultant evaluation, a new sponsorship program, and ongoing learning with leadership commitment and reporting that narrowed representation gaps and improved inclusion within two years. Leaders must recognize affinity bias and commit to fair processes and empowering connections to build truly inclusive cultures reflecting society.

Saturday Nov 02, 2024
Saturday Nov 02, 2024
Abstract: This practitioner-oriented research brief explores coaching as the aspect of leadership that brings the greatest personal satisfaction and joy. Through a review of relevant literature on coaching paradigms and their effectiveness compared to more traditional leadership approaches, the brief establishes coaching as a means of empowering individuals to maximize their performance through alignment of strengths, clear expectations, feedback, and collaborative problem-solving. Real-world consulting examples from the author's experience illustrate how coaching has fostered individual growth, cultural change, innovation and improved business outcomes across diverse organizational contexts and industries. The brief then discusses why the coach-based approach is more fulfilling, pointing to factors like flexibility, impactful relationships, continuous learning, and shared success. The conclusion reiterates how cultivating human potential through coaching gets to the heart of true leadership and yields the most impressive long-term results both personally for leaders and professionals, as well as organizationally.

Saturday Nov 02, 2024
Saturday Nov 02, 2024
Abstract: This article explores the importance of informal networks, or "hidden teams", that exist within organizations alongside formal hierarchical structures, as research has shown these organic relationship-based networks play a key role in knowledge sharing, innovation, and driving work forward through efficient exchange of ideas and solutions across boundaries in communities of practice and "invisible colleges", while teams that bridge different professional communities are better able to solve complex problems. The article provides recommendations for how leaders can identify, support, and leverage hidden teams to drive business success by mapping networks through analysis and employee surveys to uncover natural collaborations, supporting hidden teams through dedicating time and space for collaboration, cross-pollinating memberships, institutionalizing information flows, and recognizing contributions, as demonstrated through two case studies where a technology company and healthcare system identified existing hidden teams, formalized roles and support, and achieved rapid, grassroots change and meaningful business impacts, suggesting that viewing informal networks as assets that break down silos and strengthen connections across groups can empower change and improve organizational performance.

Saturday Nov 02, 2024
Saturday Nov 02, 2024
Abstract: It is inevitable that at some point in our careers, most professionals will experience feelings of being stuck, whether due to a lack of growth opportunities, unsupportive management, unclear responsibilities, or unfulfilling work that fails to engage talents and interests long-term. However, sticking with the status quo will only prolong negative feelings, so it is important to understand common reasons for getting stuck, like a lack of ongoing development limiting skills growth, ambiguity around career paths and advancement requirements, repetitive or unchallenging tasks lacking meaning, unsupportive managers who do not provide feedback, coaching or sponsorship, and rigid organizational structures and policies that hinder agility and autonomy. Research has shown taking ownership through proactive strategies can overcome even deeply entrenched sticking points. To address a lack of growth, prioritizing continuous self-directed learning through establishing annual skill-building goals and volunteering for special assignments expands competencies and pathways. Clarity on career direction comes from creating a professional development plan outlining short and long-term SMART goals, required skills, and action items to attain the next level. For unchallenging work, employees should advocate for job enrichment through leveraging strengths in more stimulating, complex and impactful tasks. An unsupportive manager can be offset by developing alternative mentor and sponsor relationships within the organization and externally. When faced with bureaucracy, cultivating an entrepreneurial mindset focused on self-generated projects, autonomy, initiative, and collaboration keeps professionals solution-oriented. Overall, continuous learning, deliberate career management, leveraging strengths, building support systems, and resourceful entrepreneurialism empower stuck individuals to identify fulfillment and advancement opportunities regardless of external constraints. Maintaining a growth mindset focused on solutions rather than complaints ensures no career need remain permanently stalled.

Friday Nov 01, 2024
Friday Nov 01, 2024
Abstract: This article explores the research behind effective coaching methods and provides examples for how leaders can apply these techniques to better develop others. It examines the key tools of great coaches: asking thoughtful open-ended questions, actively listening without judgment, and connecting through empathy. The piece outlines research demonstrating how open questions promote deeper reflection compared to closed ones. Coaches strategically use inquiry to help coachees gain self-awareness and new perspectives. Examples of powerful questions are provided. Additionally, the article discusses how active listening, such as paraphrasing and mirroring, builds rapport and surfaces insights. Empathy is identified as the top competency of elite coaches, as it validates emotions and fosters intrinsic motivation. Specific leadership applications are given for healthcare, technology, and education to illustrate how questioning, listening, and empathy can accelerate growth across industries when developing employees.

Friday Nov 01, 2024
Friday Nov 01, 2024
Abstract: This article provides a step-by-step guide for holding people accountable in the workplace in a meaningful way that supports performance improvement and builds trust between managers and direct reports. Drawing from scholarly literature and the author's 15+ years of management consulting experience, key best practices are outlined for establishing clear performance expectations, monitoring progress through ongoing feedback, addressing performance gaps respectfully, and leading accountability discussions with empathy. Specific strategies are presented for setting behaviorally-specific goals jointly with employees, tracking metrics over time, providing balanced constructive feedback regularly, diagnosing root causes of issues versus blame, and focusing on solutions rather than past mistakes. Empirical research is cited throughout demonstrating the interpersonal and business benefits of accountability when applied judiciously through transparency, mutual understanding and genuine care for individuals' development. The article aims to help managers successfully navigate this important yet delicate aspect of people leadership.

Friday Nov 01, 2024
Friday Nov 01, 2024
Abstract: This article discusses the unique challenges faced by women of color in the workplace and provides recommendations for organizations to address barriers they face. Research shows women of color report higher rates of feeling excluded and experiencing subtle discrimination. Key barriers include a lack of role models, feelings of isolation and tokenism, and unconscious biases. While diversity of women and minorities has increased individually, intersectional challenges for women of color persist. The article argues organizations must implement inclusive policies, such as hiring and promotion goals for women of color, unconscious bias training, and employee resource groups. Leadership must play a role through advocacy, sponsorship programs, and accountability. Case studies at Intel, Boston Consulting Group, and Citigroup that focused on developing women of color into leadership roles show promising results, such as increased representation. While more data is still needed, these initial efforts demonstrate that purposefully confronting intersectional barriers through targeted initiatives can generate real progress toward genuine workplace inclusion.

Friday Nov 01, 2024
Friday Nov 01, 2024
Abstract: This paper explores the cognitive, creative and well-being benefits of incorporating more silence into daily life and work. Drawing from over a decade of consulting experience and a comprehensive review of neuroscientific and psychological literature, the brief makes the case that silence enhances key functions like problem-solving, focus, memory formation and divergent thinking. Studies demonstrate how even brief periods without external stimulation lower stress levels and improve mood. Intermixed periods of silence allow for mental incubation that sparks insight and the "Aha!" moments of creativity. Examples are then provided of how high-performing organizations across industries like IDEO, Atlassian, Ernst & Young and Google have maximized productivity, innovation and collaboration simply by strategically protecting pockets of quiet time. The research synthesis and case examples collectively argue that leadership which champions mindful moments of stillness will see transformative communication quality and long-term success.







