Succession Planning: Preparing Future Leaders
In any organization, leadership is the backbone that steers the ship, but what happens when a key leader steps down? Whether it’s a planned retirement or an unexpected departure, the transition of leadership can leave a company in limbo—unless there’s a solid succession plan in place. Succession planning is the strategy of identifying and preparing…
Servant Leadership: Secret Behind Thriving Businesses
Leadership styles come in all shapes and sizes. Some leaders charge ahead, blazing a trail for others to follow. Others lead from the top down, keeping a watchful eye on every detail. But there’s another style that’s gaining momentum in today’s workplace—one that flips traditional leadership on its head. This style is called servant leadership….
Time For Apple To Rethink Its Movie Business Strategy
Recently, Apple leaned heavily on its movie business and started producing films with some of Hollywood’s top actors, such as Joaquin Phoenix, Scarlett Johansson, Matt Damon, and many more. Similarly, Apple announced its latest movie, “Wolfs,” starring veteran actors like Brad Pitt and George Clooney. Apple had to fight a bidding war in 2021 to…
USPS’ Plans To Reduce Loss By Cutting Operation Costs
The US Postal Service said on Thursday that it needs to reduce costs more to make its operations and business profitable and improve its overall financial condition. To do that, the postal agency is looking to overhaul its delivery logistics. This might result in a delay in mail delivery for some people. Three years ago,…
Remote Leadership: Challenges, Skills, And Tips To Excel
“Leadership cannot just go along to get along. Leadership must meet the moral challenge of the day.” – Jesse Jackson Since 2020, remote work has undergone a significant transformation. Considering several factors, most companies have opted for remote working, full or hybrid, which has also challenged leadership. Leading a team itself is a resilient job,…
A Survival Guide For New CEOs Who Aren’t Experts
Being the CEO of a company is not easy. A recent study by McKinsey & Company and HBR (Havard Business Review) reveals that in America, the turnover of CEOs is around 50%, and around 75% of the CEOs are considered failing within 18 months of their joining. They further added that more than 90% of…
A Comprehensive Guide On Micromanagement
At least once in your life, you might have experienced micromanagement at your workplace, and there is almost a 100% chance that it robbed you of your motivation and inspiration and left you devastated. But have you ever witnessed under which boss you learned the most, the one who constantly pushed you to be better,…