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Tag: Company Culture

  • Is Your Workplace Toxic? It Could Cost You Millions of Dollars | Entrepreneur

    Is Your Workplace Toxic? It Could Cost You Millions of Dollars | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    We have all heard the jokes online that if someone puts in their job listing that “we will treat you like family,” you should run away — that is the last thing that a company will actually do. To be completely transparent, I once consulted with a friend who worked with a company that said this, and they had an extremely high turnover rate.

    Employees at this company called and sent Slack messages at every hour of the day. The manager expected the employees to be available 24/7 even though the company itself operated with normal 9 to 5 hours. The manager would host a team meeting every month where they called out every single person on the team to tell them what they did wrong throughout the month — in front of everyone else. Achievements were never acknowledged in these team meetings.

    On the other hand, my friend also worked with a different company whose employees absolutely adored the work culture. If you made a mistake, the business owner acknowledged it and helped you understand ways you could improve in the future. There was never a punishment or scolding involved. She encouraged everyone to use it as a learning experience.

    She also recognized people’s strengths and would actively approach them about other opportunities. For example, she noticed one employee who was originally hired to answer the phone had an affinity for numbers and enjoyed budgeting. With a lot of encouragement from the team and a little training, that receptionist moved up to inventory management.

    All jokes and internet memes aside, the culture at your company can make or break your business.

    Related: How to Create a Workplace Culture Where Everyone Feels Like They Belong

    The cost of bad company culture

    According to the Society for Human Resource Management, it can take up to 6-9 months worth of an employee’s salary to find their replacement. That means losing a $60,000 employee can cost you up to $45,000 trying to find their replacement. Just to put this into perspective, that aforementioned company with the horrible work culture had an average six-month turnover rate for a team of 15 people. Let’s say they were all salaried at $60,000. That means every six months the company was essentially burning $675,000 — which adds up to $1.35 million per year. As you might have guessed, that company went out of business.

    Of course, company culture is far more than money. Morale, performance and finding top talent all take a hit with a lackluster workplace atmosphere. Without positivity and recognition of successes, employees feel as though they can never do anything correct, which leads to low morale and, in turn, low innovation and enthusiasm for the job. If someone does not care about their job, they will not do it well, leading to external issues for the company such as poor customer service and missed deadlines. And if the company is not able to innovate in our fast-paced ever-evolving world, the business will not survive.

    This then leads to employment issues. Companies with a negative reputation will find it difficult to hire top talent because no one wants to work in a place where they are not valued. According to an estimate published by Gettysburg College, the average person will spend 90,000 hours of their lifetime at work — that’s about one-third of a person’s life. People do not want to spend that time in a place that causes them stress or pushes them to the brink. This includes current employees too; people do not want to work at a place where they constantly fear losing their job; so, many people (once they realize the toxicity of the workplace culture) will quit. This leads to a never-ending, vicious cycle of talent coming and going, leaving the business without a way to grow.

    Related: 10 Excellent Company Culture Examples For Inspiration

    Create a culture that retains talent

    There has been a shift recently where people are not staying at jobs as long as they used to. You’ve most likely heard of people who worked at the same company for 50 years or more. Nowadays, it’s more common than not to hear of someone who has worked for multiple businesses over a span of just a few years. This is due to the kind of work, benefits included and — you guessed it — company culture. Having worked for almost two decades in the hiring industry, here are ways to create a company culture that will retain your top talent, save you money and help your business grow:

    1. Be present. Too many people want to own companies without having to be present to run them. If you do not want to work there, why would your employees want to work there?
    2. Lead by example. Everyone is human, and even artificial intelligence tools make mistakes. Use a mistake or problem as a learning example, and you might even be able to turn it into a marketing opportunity.
    3. Empower employees. Give your employees the opportunities to go further in their careers with training, certifications, etc. If someone wants to improve, help them!
    4. Celebrate achievements. Recognize successes and create goals that lead your team to receive rewards.
    5. Communicate openly. If something is going wrong, it needs to be pointed out. Do so in a professional manner so that the team can address the problem.
    6. Promote a work-life balance. Especially in a remote workforce, people are tied to their devices. Make them take breaks and vacations and set a range of working hours that encourage this balance.
    7. Offer incentives as part of the job package. Benefits play a big role too for potential incoming talent. Look at what your company can offer to entice employees to join your workforce.

    Related: How to Create a Work Culture That Can Survive Anything

    If you are not sure what to change with your workplace culture, go to the source and ask your employees. Their invaluable feedback will help you create a culture that encourages employees to stay and fosters top talent to grow with the business.

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    Lesley Pyle

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  • Why Your Company Needs to Rethink Its Purpose to Acquire Loyal Customers — And Drive More Sales. | Entrepreneur

    Why Your Company Needs to Rethink Its Purpose to Acquire Loyal Customers — And Drive More Sales. | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Becoming an entrepreneur and creating a company that creates positive change is a dream that has driven ambitious people since the beginning of the modern economy.

    But where do you start? How will you create a meaningful product or service that stands out amid the noise of today’s highly competitive and saturated marketplace? The traditional path of finding a niche and competing on quality or price is no longer enough.

    Today, if you want truly enduring and evangelical customer loyalty, you must deliver an authentic product or service that resonates with customers on an emotional level. It is important to connect them to other people, making them sincerely feel like they are part of something bigger than themselves. In short, you need to start a movement.

    For hundreds of years, social movements have been catalysts for transformative, impactful and historic change.

    Throughout history, they have served as catalysts for profound and transformative change. Dr. Martin Luther King marched on Washington with tens of thousands of supporters as part of the Civil Rights movement. Nelson Mandela’s raised fist upon being released from prison after 27 years became a powerful symbol in the movement that crushed apartheid in South Africa. The women’s suffrage movement fought for a century to get voting rights for women in America. Each one of those historic, world-changing movements was anchored in one unifying and all-encompassing force: purpose.

    Related: Looking For A Business Idea? Start With Your Purpose

    You may be thinking that those historic movements were important, but what does that have to do with business success? What does purpose have to do with business? Study after study shows that you can’t even think about starting a business in today’s economy unless it is driven by a clearly defined, tangible and unique purpose. In doing so, you and your team members will be much happier in the process, as supported by Harvard Business Review and other reporting.

    Purpose is the equivalent of “why”? The “why” encompasses a company’s contributions and impact on the world. It is the company’s reason for existing and the reason they are in business in the first place. Purpose is an enabler, a conduit and a vehicle, fueling the innovation of the world’s economy. Blackrock’s CEO, Larry Fink, says, “Without a sense of purpose, no company, either public or private, can achieve its full potential.”

    Some of the most successful companies have embraced this ethos and are fully rooted in purpose. When we look at Tesla, we may think its purpose is to sell cars, which is part of it. But its stated true purpose “is to accelerate the world’s transition to sustainable energy.” That purpose is what drove the EV car revolution — a global movement that powered EV car sales from 0.4% of the light-duty vehicle marketplace in 2004 to 15.8% in 2023. And while it sparked the EV movement, Tesla continues to be its leader. In 2023, it held 19.9% of the global EV market and is the most valuable car company in the world.

    The highly profitable clothing company Patagonia is another example of a company that started a movement based on its purpose. In 2022, the company, long known for its environmental activism, doubled down on its purpose, which is updated to “In business to save the planet.”

    But it was more than just a statement. With its purpose well defined, Patagonia founder Yvon Chouinard announced the transfer of company ownership ($3 billion in global assets and $100 million in annual profits) to a trust fund, with its dividends going to environmental advocacy organizations. With this bold support of her own movement, Chouinard declared, “Earth is our only shareholder.”

    In today’s purpose-driven economy, identifying that unifying purpose for your company — your north star — is the most critical aspect of starting any business or social enterprise. Purpose-driven companies make more money, have more engaged employees and more loyal customers and are even better at innovation and transformational change.

    Consumers are increasingly supporting businesses that stand on principle. According to Accenture, 62% of consumers want companies to take a stand on important societal issues such as sustainability, transparency and fair employment practices. The demand for authentic and purpose-driven companies is strongest among the younger generations. According to Deloitte, “millennials are driving this societal trend, with 40% of those polled believing the goal of businesses should be to ‘improve society.’” Those who ignore the intersection of business and purpose do so at their own peril, as millennials (those aged 28-43) account for $15 trillion in global purchasing power.

    Related: This CEO Says Prioritizing Purpose Over Profit Is Key to Consistent Growth and Sustainable Profit — Here’s Why.

    As a powerhouse financial company, Deloitte is probably not the first company that comes to mind in thinking of a firm driven by purpose. Yet, it is a strong proponent of the belief that exceptional organizations are led by a purpose. To amplify and advance Deloitte’s purpose, it named its first-ever chief purpose officer and established a Purpose Office. Its goals are to consistently embed purpose in the organization’s strategy and deepen the impact and positive change they are making for clients, people, and communities.

    Trust in a company has long-term benefits by creating brand loyalty and turning customers into advocates for your product. According to Edelman, “trust drives growth. When consumers trust a brand, they are more likely to purchase its products (59%) and stay loyal to and advocate for the brand (67%).”

    A company’s purpose must start at the top. Whether it’s a small business run by a sole proprietor or a major corporation led by a CEO, the leader sets the tone and must lead by example. Employees need to see the commitment to purpose reflected in the actions of leadership; otherwise, the stated purpose becomes nothing more than a catchy slogan that fails to resonate with consumers.

    Infusing purpose into your new venture is not merely a trend but a necessity to compete and thrive in the modern economy. To stand out, foster trust and create lasting connections with consumers — in other words, to build a movement — today’s companies and organizations need to find their purpose and adopt it fully until it permeates every part of their operation.

    By defining and articulating your purpose, you are laying the groundwork to start a business and, perhaps, even a movement. If you do it right, both can build value and help change the world.

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    Marc Kielburger

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  • 4 Common Blunders Companies Make When Creating Culture | Entrepreneur

    4 Common Blunders Companies Make When Creating Culture | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    It’s no secret that every successful company needs a solid, identifiable corporate culture. Statistics show that 88% of job seekers believe a healthy work culture is essential for success, and the younger generations now prioritize “culture fit” above all else when job hunting. Unsurprisingly, a strong corporate culture that keeps employees engaged directly translates to as much as a 202% performance increase.

    With such compelling data, it’s shocking how often startups fail in this regard. As a successful CEO and cofounder, here are four common mistakes I’ve seen and how to avoid them in your startup journey.

    Related: Lack of Trust — What Does It Do to Your Company?

    1. Not knowing when to transition from the “tribe” stage and into more structured processes

    My company, Flowwow, is currently in that awkward “preteen” phase where we’re no longer a startup “tribe” but not yet a large corporation. This creates tension because those who have been around since the beginning often romanticize “the good old days” and resist implementing more structured processes.

    Because this is often a challenging phase for brands, many cling to the “startup family” model of everyone doing everything for too long. This can hurt morale, motivation and long-term growth and heighten the risk of a brand stalling out at a critical stage. We tried to avoid this mistake by ensuring our overall mission was tightly aligned with the values shared by every person we hire.

    We ensure everyone feels supported and heard, confirming that everyone understands our flexible and adaptable processes. We also help place each person into a team that best suits their skills and personality so they feel useful, fulfilled and engaged. Remember that the data shows 85% of employees feel disengaged, yet 69% say all they need to feel happier and engaged is acknowledgment and recognition.

    2. Not allowing your culture to evolve with the brand

    Some camps believe brands should stay consistent over time, but we think that evolution according to the market and trends is far better for overall longevity.

    Remember: as your brand grows and matures, so should your corporate culture. As a founder, it’s your job to shift internal and external perceptions about your brand during these transitional times. Your core values should remain the same, but how you act on them makes the difference.

    For instance, when Flowwow shifted from a flower service to a gifting marketplace model, the founder’s job was to not only reframe public messaging but ensure we were highlighting the things most important to us as a brand: openness, transparency and quality.

    By making this our focus, we didn’t need to do anything specific to steer our culture; it naturally evolved from authentically shared values. These principles have remained steady over time, but our “value-driven” actions are more tangible: We provide resources like language learning, mental health assistance and medical insurance to show the team that our values are more than words.

    Related: How to Lead With Transparency In Times of Uncertainty

    3. Neglecting to establish top-down communication

    I’ve heard of many startups that have failed or floundered because the founding team felt they needed to hide hardships or only tell employees what they felt was “necessary.” Often, this is done with good intentions. They mistakenly think it will demotivate or alarm employees to hear about a crisis or difficult road ahead. Don’t fall into this trap! You hired these people because you trust and believe in them, so prove it by being transparent and allowing them to support you and each other.

    When management offers open communication lines, employees feel empowered to take responsibility, bring fresh ideas and make decisions in the brand’s best interests. HBR notes that good communication from senior leadership is a top driver for employee engagement.

    4. Forgetting that the founder is the heart and soul of the brand

    Founders often fall into the trap of playing Superman (or woman): They feel like they need to be involved in everything all the time, usually at the expense of their well-being. Initially, this might be necessary, but a founder’s top goal should be to find and cultivate a core team that can be trusted to take over most of the daily tasks.

    A strong, compelling corporate culture needs an axis on which to turn, and that axis should be the founder. Instill your values into every person you hire, and then let all the things that made you want to hire them shine through. Use your influence and passion to improve, amplify and direct the company. By acting as your team’s safe, trusted harbor, you allow your corporate culture to blossom organically, resonating with both employees and customers.

    It’s vital to avoid letting yourself burn out. You are an example for everyone, so it’s your job to pay attention to your mental well-being and continually work on understanding and managing your emotional impulses. Acknowledge your limits, act within them and let your team see that you’re human. This sets the foundation for a healthy, honest atmosphere.

    Related: How Being Transparent Helps Scale Your Company

    The future of work is now, so don’t let your culture lag behind

    Corporate culture is essential to present and future organizational health and longevity. Watch factors like absenteeism, participation and even body language to get a complete picture of whether your brand’s atmosphere needs work. Remember, a healthy organization balances stability and growth, and lasting improvements must always be top-down.

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    Slava Bogdan

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  • 3 Ways to Build a Company Culture Based on Your Purpose | Entrepreneur

    3 Ways to Build a Company Culture Based on Your Purpose | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    In the flow of a workday, it’s easy to spend your time putting out fires — we’ve all been there. This reactionary brand of management results in a disconnected, chaotic feeling for everyone from the workforce to the customers. Focusing on your original vision for your company can create a synergy that connects your staff, your clients and the community you serve.

    It’s possible to create a culture of purpose in your workforce and keep a positive, engaging reputation in the marketplace, but this will require that your executive team stays true to the original motivation you had in your mind and heart when you began your journey in business.

    Related: Embrace Your Purpose As a Path to Success

    1. Capture standout employees in the interview

    Leadership and staff can work together to discover common ground and agree on goals, but this process begins in the interview. One of the best predictors of loyalty is a candidate’s desire to focus on meaningful work.

    I run my company as a blind CEO. When I interview a candidate, I mostly want to learn why they want to work for me. I’m always shocked when job seekers reveal they have never been to the website as opposed to those who are excited to share why they feel connected to our mission. When I interview a candidate, it’s often the vulnerability in their answers that speaks to me. Sometimes the person I’m interviewing tells me of a personal disability or limitation, which to me is an act of openness and transparency. I love to hear people say they are passionate about working in an inspirational environment. When our conversation begins, I’m listening for a story.

    What many candidates don’t know is the interviewer is waiting for them to have their breakout moment. This departure from the usual Q&A often reveals their passion for the work or vulnerability.

    It’s important to make sure your interview questions allow you to see a prospective employee’s connection to your mission. You can start by asking candidates what measurable impact they would like to make in the position offered. You can also find out how they envision their work life five years from now.

    2. Create a culture of engagement

    Doing purposeful work means the executive team must create educational opportunities for staff as well as clients, extending engagement with the company beyond “business hours.” This is a chance to show your team and your customers that their needs matter beyond the job description or the product or service you offer.

    Having a corporate reputation as a company that births new leaders and supports hard work and ambition will go a long way toward retaining good team members with the savvy to innovate, create and energize your workforce. Whether it is a group meeting or a corporate retreat, it’s important to mix staff together, allowing employees from across departments and positions to collaborate, exchange ideas, rise as leaders and support each other.

    This kind of shift can start by simply reassigning tasks or creating challenges that give employees a chance to spread their wings. You can take some projects off the administrative assistant’s plate or reassign some items on the to-do list to a staff member who has shown initiative. A team member could send out invitations to meetings or reminders to committee members taken from a list of goals. A staffer could also create a committee to help plan a corporate event and see it through.

    Keep a watchful eye on employees who stand out and give them the opportunity to be seen as experts. Let some be advisors, coaches or provide support to other team members. This will make the staff feel recognized and encourage others to rise to that purposeful level. This kind of support will give you a “pool” of potential leaders, helping your team members feel that their contributions are noticed and rewarded.

    Related: 3 Reasons Why a Strong Purpose Is a Good Business Idea

    3. Build a positive online reputation for your business

    Although you can never eliminate negative reviews, the best approach to a positive corporate reputation is actively implementing a variety of ways to get reviews from employees and customers alike. While it’s estimated that 99% of customers read reviews from time to time, only 13% would choose a product or service from a company with a two-star rating.

    There are several proven ways to generate positive reviews. The process can be as simple as using comment cards. You can also ask for an email address from the customer. Some businesses have a physical “register;” others have an email link where people can sign in and provide this information. From there, it’s easy to follow up and ask for a rating or comment. Other stores offer rewards in exchange for reviews. This offer is usually seen on banners or signs within the physical store, on the receipt (physical or via email) or on the company’s homepage. Some businesses use a QR code leading directly to the online review spot; you have likely seen a kiosk within the store allowing immediate feedback.

    Another way to generate rave reviews is to get endorsements or recommendations from businesses you have partnered with over the years. These allies can speak of important attributes of your company that go beyond a rating system or short comment and may attract traffic to your website and new clients responding to the positive vibes.

    The mantra “If you don’t ask, you don’t get” works well here. There are more ways to get positive feedback for your business than ever before thanks to evolving technology. Rather than running from a corporate fear of bad reviews, make it your business to seek and obtain the best reviews by engaging the community in the process.

    You can direct your company’s reputation by finding new ways to engage your workforce and the people you serve. By promoting outstanding employees, offering training and opportunities for leadership and by making positive feedback a priority, your company can stop putting out fires and start basking in the culture of purpose you always intended.

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    Nancy Solari

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  • How to Build a Culture of Radical Honesty (and Why You Should) | Entrepreneur

    How to Build a Culture of Radical Honesty (and Why You Should) | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    What keeps me up at night? Watermelons.

    As a CEO, my biggest fear is that the digital dashboards capturing my company’s vital signs are the business equivalent of that tropical fruit — green and firm on the outside, but red and mushy underneath. At first glance, everything looks solid. Then one morning, I get a call from a client asking, “What the hell is going on with A, B or C?”

    This concern isn’t fair to my team, who consistently exceed my expectations. But the reality is that for many leaders, such nagging fears can persist. When there’s a problem, the last thing you want is for people to give you the impression — intentionally or not — that things are better than they truly are. So, how do you avoid this?

    For the past few years, I’ve led a company in an industry facing astronomical demand. One of the biggest lessons: The agility, operational excellence and innovation required to meet this challenge requires building a culture of radical honesty.

    Here are three ways that leaders and their teams can embrace radical honesty — and reap the benefits of better decision-making and a true picture of where the business stands.

    Related: How to Employ Radical Candor in the Workplace With 5 Simple Steps

    Encourage your people to admit their weaknesses — and play to their strengths

    A simple formula for business success: Do things consistently better than the competition, and those wins will compound over time. The key to pulling it off? Let people focus on their strengths and delegate everything else.

    That calls for honesty and transparency. “Fake it till you make it” doesn’t always work in business, where pretending can have disastrous consequences. As a leader, I want people to do the opposite — by asking for help and saying, “I don’t know.”

    One way to do this is by empowering and trusting team members to be rock stars in their domain. That makes our company better at creating innovative technologies, tackling new markets and responding nimbly to changing conditions.

    But at the same time, as I urge people to lean into their strengths, I give them permission to be less adept at other things. For example, if a member of my leadership team is no good at financial underwriting, I tell them to own it like a badge of honor.

    After all, that’s what hiring is for. To make up for their lack of knowledge and expertise in a particular area, we can bring on someone to fill the gap. It’s my job as CEO to explain that the goal isn’t to undermine or replace them, but to help them focus on what they do best.

    There’s a direct line between that mindset and business results. In one study, companies whose CEOs excelled at delegating grew more than twice as fast as those with a less skilled delegator at the helm.

    Don’t default to the rulebook

    For leaders, honesty is nearly always the best policy, even if it means ruffling a few feathers or going against convention.

    Sometimes this requires poking holes in well-intentioned ideas that also happen to be intellectually lazy. This came up recently in a chat with my team about how we plan to meet the demand that AI is creating in our industry. While some of the ideas presented were sound, others needed more probing.

    Take the argument for keeping someone in a management role because they’ve done the job forever. Many companies default to this way of thinking, but what if they’re overlooking a newer hire with a fresh perspective and a natural ability to inspire the team? To me, sticking with option A isn’t an intellectually honest approach.

    As hard as it is, leaders can’t escape making these kinds of tough decisions. Without abandoning all loyalty to people, they should consider what’s best for the business and make pragmatic rather than emotional choices. Even if those decisions aren’t always popular.

    In a broader sense, being intellectually honest means knowing when adhering to the rulebook is hurting the company, not helping it. For example, I’m a big believer in hiring top talent, telling them where our True North is, and then letting them figure out the best way forward. If somebody needs a course correction, that can be addressed. But expecting the entire team to follow every company rule to the letter? That will only slow us down.

    Related: Stop Lying to Your Team — And Yourself. Try Radical Honesty Instead.

    Give the team a license to speed without getting a ticket

    Leading with radical honesty also requires getting real with yourself and your team about how willing you are to embrace failure.

    At our latest companywide offsite, I told people I want them to fail more. For a business, that isn’t as risky as it might sound. Companies that are serious about innovation should be willing to try new things and pivot fast if they don’t work.

    Take Airbnb, which didn’t begin by building an elaborate home rental website. Instead, the founders tested the waters by renting out their own loft online. Google Glass — released by a company famous for its “moonshots” — is a good example of a failed experiment. When its smart glasses didn’t catch fire with consumers, Google moved on.

    Encouraging creative destruction means removing the fear of failure, a major cause of inaction. Within reason, people should be able to fail out loud without worrying they’ll get fired.

    For me as a leader, there’s little risk because I’ve hired talented people who are laser-focused on executing well. All they really need is a license to speed without getting a ticket.

    Unfortunately, many business leaders don’t see things that way. Despite all the rhetoric around moving fast and breaking things, less than half of companies have a leadership team that regularly tolerates small-scale failures, according to a recent global survey of CEOs.

    Someone should explain to them that the rewards of letting people fail can be substantial. In a study of 120 tech startups, those committed to learning from failure produced greater scientific output, raised more capital and innovated more.

    Of course, businesses must also know when to play it safe. For Amazon founder Jeff Bezos, there’s a big difference between “experimental failure” (good) and “operational failure” (bad). It’s the same at my company, where the mission-critical computer and electrical systems that power our facilities don’t leave much room for error. But even there we get creative — for example, by finding innovative ways to keep the lights on during a blackout.

    Related: How to Allow Room for Failure and Create a Successful Work Environment

    For leaders and their teams, the biggest benefit of a culture of radical honesty is the elimination of fear: that employees will get into trouble for taking risks, that folks aren’t good enough at their jobs or that the company is actually on shaky ground.

    Ultimately, ensuring that everyone knows where they and the organization stand is a competitive advantage, thanks to a more engaged workforce, a clear view of where the business needs to grow and iterate, and a culture where people feel as emboldened to innovate as they do to ask for help. When it comes to performance, what you see is what you get. So, here’s to keeping watermelons where they belong — at the company picnic.

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    Andrew Schaap

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  • How to Avoid the Pitfalls of Toxic Positivity in the Workplace | Entrepreneur

    How to Avoid the Pitfalls of Toxic Positivity in the Workplace | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    In the modern workplace, the concept of “toxic positivity” has become a subject of increasing concern. This term, trendy yet often misunderstood, refers to an overemphasis on positive outcomes and attitudes, to the extent that it becomes detrimental. It’s a phenomenon akin to the character Stuart Smalley from “Saturday Night Live,” who symbolizes the new age optimist, constantly affirming positivity, regardless of the underlying truth.

    We all know someone like this whose overwhelming positivity slowly withers the soul from within. While seemingly harmless, such behavior can mask deeper insecurities and disconnect us from our authentic selves.

    Eastern philosophies and warrior sage traditions teach us about the delicate balance between positive and negative forces. They assert that an environment — be it a world, company or organization — can never be wholly positive or negative. This natural balance is dynamic, ever-shifting and essential for genuine human interaction and growth. Recognizing this balance is crucial in avoiding the extremes of both toxic negativity and toxic positivity.

    Related: How to Avoid Toxic Positivity

    Toxic positivity: A workplace dilemma

    In the corporate world, toxic positivity often manifests as a facade of relentless optimism. This facade is characterized by superficial interactions where authentic feelings are suppressed in favor of a constantly upbeat demeanor. This creates a workplace culture where genuine communication is replaced by shallow exchanges and real issues are glossed over.

    The illusion of constant positivity:

    The illusion of constant positivity in the workplace can lead to significant problems. It creates an environment where employees feel pressured to mask their true feelings, leading to a lack of genuine human connection and understanding. This pressure to maintain a positive front at all times can result in repressing negative but necessary emotions, culminating in unexpected emotional outbursts.

    The power of authenticity:

    The solution to toxic positivity is not a swing to relentless negativity but a balanced approach that values authenticity. Authenticity, being true to oneself and others, resonates more deeply than forced positivity. It fosters an environment of trust, respect and genuine connection. In an authentic culture, people are encouraged to express their true feelings, experiences and perspectives, leading to more meaningful and constructive interactions.

    Related: What Is ‘Toxic Positivity’ and Why Is It Bad for the Workplace?

    Shifting from positivity to authenticity

    The shift from a culture of toxic positivity to one of authenticity requires a conscious effort from organizational leaders. It involves acknowledging and embracing the full spectrum of human emotions, not just the positive ones. Leaders must create a space where employees feel safe to express their genuine feelings, whether they are positive or negative.

    To cultivate an authentic workplace culture, leaders must first recognize the signs of toxic positivity. These signs include a lack of genuine communication, a culture of forced niceness and an avoidance of addressing real issues. Once identified, leaders can implement strategies that foster authenticity, such as encouraging open and honest communication, creating forums for sharing diverse perspectives and recognizing and addressing the challenges employees face.

    Training for authentic leadership:

    Leadership development, in its essence, is about equipping leaders with the tools necessary to build a culture of authenticity within their organizations. Such training focuses on nurturing leadership skills that are pivotal in facilitating honest and empathetic communication, creating a supportive team environment and encouraging team members to embrace and express their true selves.

    This approach to leadership development emphasizes the importance of understanding and empathy in fostering a genuine connection within the team, which in turn cultivates a more dynamic and authentic workplace culture.

    The role of empathy and understanding:

    A critical aspect of cultivating an authentic culture is empathy. Leaders must strive to understand the experiences and perspectives of their team members. This understanding helps in creating a supportive environment where employees feel valued and heard. Empathetic leadership fosters a sense of belonging and can significantly enhance team dynamics and productivity.

    Embracing the full spectrum of human experience:

    To build a healthy, authentic workplace culture, it’s essential to embrace the full spectrum of human experiences. This means celebrating successes and joys, as well as being open to hearing and understanding the challenges and struggles. It involves shifting focus from external roles, often associated with a facade of positivity, to a more profound connection with our authentic selves. When we operate from a place of authenticity, the dichotomy of toxic positivity and negativity naturally dissolves.

    Related: How to Create a Thriving Workplace by Leading With Authenticity

    Fostering authenticity for a healthier workplace

    The challenge in contemporary workplaces is to move beyond the superficial layer of forced positivity to foster a culture of authenticity and truth. By understanding and addressing the nuances of toxic positivity, organizations can create a more balanced, empathetic and effective work environment. This shift is not just about avoiding the pitfalls of excessive optimism but about embracing the complexity and richness of human experiences in their entirety.

    A workplace grounded in authenticity is one where every individual feels valued, heard and understood. It is an environment where the full range of human emotions is acknowledged and respected, fostering genuine connections and a sense of community. In such a setting, employees are not just workers but human beings with a diverse array of experiences and perspectives.

    Ultimately, the goal is to create a workplace culture that values honesty, integrity and authenticity above all else. This culture should be one where leaders are open to receiving and understanding their team members in all aspects of their lives — personal and professional. By prioritizing authenticity over superficial positivity, organizations can cultivate a truly healthy, dynamic and thriving workplace.

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    Satyen Raja

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  • How to Use Rejection as a Tool For Success | Entrepreneur

    How to Use Rejection as a Tool For Success | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    When I was 22, I had a boss who taught me to crave rejection. At that time, I was in a sales role and had shared with her that I felt all I ever heard was the word “no.”

    The following month, she ran a competition to see who could hear “no” the most. And yes indeed, I was the victor. So much good came from that experience. I realized that rejection is a part of sales, and it’s also a part of life. I learned that highly successful people know this and aren’t miffed when they’re told no. In fact, they embrace rejection and even learn from it.

    Successful people use rejection to get stronger. However, many people don’t feel this way about rejection. If you’re struggling to feel good about being rejected, here are four steps you can take to completely rewire your brain.

    Related: 5 Ways to Turn Rejection Into Resilience

    1. Don’t take it personally

    Often, we struggle with rejection because we feel it’s personal. But rejection usually isn’t personal.

    When rejected, it’s easy to wonder what the rejection says about us. But often, rejection doesn’t say anything about us. Instead, it says something about the other person. Frequently, we ignore or discount the reasons we’re given for the rejection. Instead, we look for another reason (the real reason). Usually, another reason doesn’t exist.

    If someone says they don’t want the product or service we’re selling because they can’t afford it at that time, they usually mean it. If someone says they can’t attend the event we invited them to because they’re too busy, they usually mean it. Spending time beating ourselves up and wondering what the rejection really says about us and how likable we are is often a tremendous waste of time. When we trust the reasons we’re given for the rejection, we can move on and strike out again much faster.

    2. Get excited about being rejected

    Rejection usually doesn’t feel good. For many, that’s why it’s hard to imagine what (if any) good can (and will) come from it.

    Remember: Pain is inevitable, but suffering is optional. Recognize that you have a choice in how you feel about rejection. Whatever story you tell yourself about rejection comes from you. It’s up to you to interpret the information that exists in your world. You have the power to flip the script, change the narrative and tell yourself a different story.

    You can choose to view rejection as a good thing — it means you put yourself out there, asked a tough question and exuded courage. It means you got out of your comfort zone, which always helps us grow and evolve. It means you got to practice a skill (the skill of asking, influencing or selling). That practice will help you grow thicker skin and hone your craft, making you stronger and tougher. With that in mind, you can choose to view rejection as a good thing.

    Related: How to Overcome Rejection and Move Forward With Your Big Goals

    3. Ask why — and learn from it

    Most people feel pain when rejected. When we experience any kind of pain, our first reaction is often flight or fight. We either walk away, as quickly as we can, or we double down and argue. When it comes to rejection, neither approach works well.

    Here’s what does: Engaging the person who rejected you from a place of true curiosity. Questions such as: “What was the biggest factor in your decision?” or “What, if anything, would’ve made you say yes?” or “What could I offer or do next time that would excite or interest you more?”

    These questions are great tools to help you learn from rejection. Perhaps you can give feedback to your boss that your product’s price point isn’t appealing or the benefits aren’t meeting market demand. You might learn that a slightly altered product or service would’ve garnered a yes, and perhaps you can negotiate an exception from your company that allows you to go back and offer the client what they really want.

    Every so often, there is something you could’ve done or said differently that would’ve been persuasive. Getting information about how to proceed more effectively next time is a win. With that mindset in mind, rejection is actually a good thing — it helps you improve.

    4. Know that things can change

    Remember that most things in life aren’t permanent and people’s situations can change dramatically from one year to the next (or even one month to the next). Just because someone turned you down once doesn’t mean they’ll turn you down every time.

    Ask permission to reconnect or touch base again later. Maybe your friend can’t make time to see you this month, but they’ll be able to next month. Perhaps the client you’ve been trying to sign all year will be in a different financial situation next year. Recognize now simply might not be the right time for whatever you’re proposing, and while that’s okay, it may not always be the case.

    Related: 4 Ways to Handle and Overcome Your Fear of Rejection

    5. Adjust your strategy

    After you get enough information to learn following a rejection, you get to employ what I call PDCA — plan, do, check and adjust.

    Once you’ve been rejected and know why, you can adjust your strategy. You might learn that making calls at lunch time isn’t effective because no one answers the phone. You might learn you’ve been targeting the wrong demographic and need to pick different prospects. You might learn prospecting on the weekdays isn’t as effective as prospecting on weekends.

    Rejection, if used correctly, can be an excellent teacher because it can guide us to make changes to what we do and how we do it. You might decide to start frequenting community events or join a networking group to be more successful. In the end, if being rejected causes you to do something new and different, that’s another win.

    Having a healthy, strong relationship with rejection is a true game changer. If you adopt these five philosophies on rejection, you’ll find rejection isn’t nearly as painful as it once was. You might even begin to look forward to rejection.

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    Amy M Chambers

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  • Creating This Type of Culture Helped Our Company Triple in Size | Entrepreneur

    Creating This Type of Culture Helped Our Company Triple in Size | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    When I joined my company in a leadership role nine years ago, I had an outsider’s lens in more ways than one.

    Not only was I new to the organization and the people who ran it, but the industry of in-home healthcare was a big pivot from retail, where I had spent most of my corporate career.

    What struck me the most as I embarked on new terrain, was the genuine kindness I witnessed from our people who were servicing our clients with great compassion. Our business isn’t built on transactions — it’s built on trust. Our clients have to feel confident in our ability to support and care for their loved ones.

    As genuine as our approach was, it was also clear there were areas where our corporate culture needed reshaping. For example, I recall walking into our shared kitchen daily, only to find the sink overflowing with dirty dishes. In meetings, I would hear people blame other team members for performance issues — signs that discipline and self-responsibility weren’t being prioritized.

    At the time, we had roughly 40 franchise locations, primarily in Canada. It was a healthy achievement, but I knew if we wanted to grow and expand internationally, we had to transform our culture and people practices.

    Today, we have more than 300 franchise locations in four countries and have grown our revenue by more than 200%. We’ve also developed a culture where 60% of our people have grown into different roles, allowing them to build new skills and challenge themselves. Here’s how we’ve accelerated the growth of our company and developed our people by creating a culture of bold kindness.

    Related: Why Patience And Kindness Need To Be At The Center Of How You Run Your Business

    Defining a culture of bold kindness

    Bold kindness is more than exercising empathy on a client phone call — it’s about shifting from a culture of “nice” to one of accountability while creating an environment where people feel their personal wellbeing matters.

    Creating a culture of self-discipline and accountability doesn’t require instilling fear or pulling corporate rank — in fact, it’s quite the opposite. We’ve found when you empower your team at every level to play a significant role in decision-making, you can exercise kindness and care for their wellbeing. This inadvertently helps build intrinsic motivation where teammates are driven to take ownership over their own work.

    According to data from McKinsey employees who are intrinsically motivated are 32% more committed to their job, have nearly 50% higher job satisfaction and perform 16% better than other employees.

    Today, everyone in our company works towards the same vision — we call it our “painted picture.” We set bold goals, and each one of us is accountable for helping achieve them, but we also respect that every team member has their own process for getting there.

    This intentional shift towards balancing a culture of self-responsibility with care for our people shows up in every aspect of our teams’ performance. From putting their own dishes away in our now well-maintained shared kitchen to the increase in our Net Promoter Score from the low 50s to the high 70s — bold kindness has motivated our team to achieve exceptional results and to be proud of the work the team has done.

    Related: Compassion Will Boost Your Business: Making The Case For Showing More Kindness At Work

    Knowing the people behind your performance

    We recently had two people within our company become first-time dog owners. We celebrated these milestones similarly to how we would if a team member had a baby. We were flexible in allowing our new dog owners to work from home and allowed them to transition back to in-office hours on a schedule that worked for their unique situation.

    In both circumstances, we wanted the underlying message to be clear: We value you, and what you’re going through matters. Operating from a lens of bold kindness means taking the time to understand your talent as people first. By celebrating and supporting each team member’s journey, both personal and professional, you foster a sense of belonging and care within your workplace.

    New research shows that when employees feel a sense of belonging at work, they are five times more likely to want to stay at their company. On the other hand, employees who feel insecure about their place within an organization are less likely to collaborate, share their creativity or perform to their highest potential.

    In contrast to traditional corporate environments, when our people come to work, they aren’t expected to leave personal matters at the door. If we ask someone how their day is going and they sound off — we stop to check in. We want to know what is really going on with our teammates, whether it’s personal or professional.

    Encouraging people to show up as their whole selves to work isn’t a license to forgo professional duties when a personal matter arises; it’s acknowledging the circumstances they are facing and supporting them through it so that they can do their best despite the distraction.

    Related: How Your Company Culture Can Be a Force Multiplier (For the Good and the Bad)

    Showing up as a human-first leader

    As CEO, I’m not immune to personal challenges. Just as I encourage my people to show up as their authentic selves at work, I’m transparent about my life with my team. As a leader, I’m aware that how I show up at work sets a tone, and it’s my responsibility to shape an environment where everyone can thrive.

    When I walk in on a Monday, I take time to greet everyone and listen with genuine interest as I hear about their weekends. These personal connections have been essential to our team’s success.

    A global study by the International Social Survey Program, published by the Harvard Business Review, showed workplace relationships have a significant impact on job satisfaction. Not only that, but researchers at the Universities of Pennsylvania and Minnesota have confirmed close relationships at work increase productivity and result in higher levels of commitment, better communication and morale.

    I’ve worked in traditional business environments where orders are expected to be followed without question and where parts of my identity weren’t welcomed. I’ve experienced firsthand how that kind of culture kills morale and innovation, and it always comes from the top.

    Bold kindness isn’t taught in traditional business schools yet, but for us, it’s been a game changer. Not only has the shift in our culture helped us triple our company’s size and expand internationally, but it’s also created a work environment where I and everyone around me feels supported and inspired.

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    Cathy Thorpe

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  • Want Employees Back in the Office? What Leaders Are (Still!) Getting Wrong About This Ask | Entrepreneur

    Want Employees Back in the Office? What Leaders Are (Still!) Getting Wrong About This Ask | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    For all the reports of loneliness and isolation experienced during the pandemic, it’s no secret that a significant portion of the workforce became habituated to working from home. Many found the increased time autonomy, the lack of commute and the flexibility refreshing, if not freeing.

    Well, the party’s over.

    Last year, people began returning to the office en masse. According to Build Remote, in 2022 approximately 34% — twice that of the previous year — of all Fortune 100 companies requested their employees return to the office. For those still working at home, the news gets worse; Resume Builder reports that 90% of companies plan to be back at the office by the end of 2024.

    This presents its own set of problems. For business leaders, one of these is the question of how to ask employees to come back. But armed with the knowledge of what others have done right (or drastically wrong), it would behoove them to think about how they approach communications on this.

    As a business leader who supports other business leaders with how they communicate with stakeholders, I’ve seen firsthand how taking a compassionate approach to communicating policy changes can further the employer-employee bond, energize a workforce and take the edge off challenging conversations. Yes, including the RTO ask.

    Here are some tips to get it right.

    Related: 3 Mistakes You May Not Realize You’re Making When Bringing Employees Back to the Office

    Dig deep

    It sounds simple, but before asking their employees to return to the office, leaders should ask themselves: Why do I really want this?

    Is it because returning to a work environment is what everyone else is doing? Or because it seems like the correct course to take? Or is it even due to control issues? If your motivations are rooted in a scarcity rather than an abundance mindset or impulsive feelings, it’s worth taking a second look and ensuring they aren’t informing strategy that could do more damage in the long term.

    One of many dangers of not thinking through your own motivations is coming across as unclear and out of touch. In a virtual town hall recorded in April, Clearlink CEO James Clarke awkwardly praised an employee for selling the family dog after hearing about the company’s RTO policy and questioned whether single mothers or primary caregivers could really work full-time jobs.

    This was a textbook example of somebody who was making an ask from a lens of control and operational scarcity, who was not clear on the data, and who was throwing out confusing and alienating concepts to justify the return to work. Not only was this ineffective, but his communication blunder led to widespread negative coverage for his organization and his leadership.

    Look to the data

    While personal reflection is a good starting point, one of the benefits of no longer being in the immediate post-pandemic period is that leaders now have access to some telling numbers around barriers and motivations for returning to a physical workplace.

    According to a 2022 Microsoft Work Trend Index, the main attraction of coming back is the social aspect: 85% of employees say they would be motivated to go into the office to rebuild team bonds, while 84% indicated they would return to work for the chance to socialize with coworkers.

    This is gold for business leaders. CEOs and company heads who emphasize human connection and collaboration in the workplace are more likely to receive buy-in. No matter how comfortable and convenient your employees’ home offices might be, they may still miss the water-cooler chitchat about the latest hit streaming show and the sense of mission that comes from being around like-minded people. Simply put: Framing an office come-back of any duration as an aspirational opportunity for collaboration and connectedness vs. a punitive measure rooted in control is a great place to start.

    Related: We Know Return to Office Mandates Backfire — So Why Are Tech Giants Like Amazon, IBM and Zoom Reinstating This Outdated Policy?

    Use humility and empathy as a North Star

    Words like empathy and humility get thrown around a lot, but they do matter here. If you want people to show up for you, show up for them.

    Put yourself in your employees’ shoes. What kind of challenges do they face? Arm yourself with the information before you make that choice and that call. If you have a people team or access to HR data, leverage those things to get more insight into what is keeping employees at home and what would incentivize them to come back. Figure out their barriers to entry. Do they need childcare options? A less costly commute?

    Also keep in mind that the blending of home and work life during the pandemic fundamentally may have changed things for people, particularly for caregivers. Acknowledging and accounting for the added stress that a return to the office may bring reassures them that the reality of their experience isn’t being erased by the renewed physical barrier between home and work.

    Commit to being present, too

    Finally, business leaders have to walk the walk as well as talk the talk. I’ve heard many stories of CEOs asking employees to come back, while rarely coming in themselves. Not a good look.

    Obviously, as a leader with travel and business obligations, you’re not going to be able to be in the office 24/7 — and you wouldn’t have been before this situation, either. But it is important that, especially in those early days of asking people to come back in, you are intentional about being present, making your face known (and seen) and demonstrating that enthusiasm that you’re asking others to bring.

    Related: 3 Simple Ways to Motivate a Remote Workforce

    That means everything from welcoming people back personally to showing your face around the office to, when possible, attending town halls and meetings in person. And it means continuing to ensure that whatever policy you have instituted is still working. Keeping those lines of communication open and responding to changes as they come up are ways that leaders can continue to show that this is a journey for them, too.

    Growing pains — or in this case, returning pains — are inevitable after a paradigm-shifting event like the pandemic. But by being clear and intentional in your communications, embracing empathy and leveraging data, your RTO ask might actually energize and inspire your workers.

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    Caroline Carter-Smith

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  • An Expert Explains Why You Need a Personal Board of Advisors | Entrepreneur

    An Expert Explains Why You Need a Personal Board of Advisors | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    By the early 2000s, working for a single company for your entire career was rare. The new normal was fluid. Employees became more likely to move between organizations, or even switch industries entirely. Job mobility offers flexibility, but it also leaves many of us feeling overwhelmed and looking for guidance.

    How can we best draw on others’ support as we forge our own careers? I’m a professor of management at Babson College who has spent decades studying how mentors boost individual development and organizational success. After teaching thousands of students and executives, there’s one piece of advice I give everyone:

    You need to build a personal board of advisors to help guide your career.

    A personal board of advisors is a small part of your overall network: It’s a group of people invested in your success who you can turn to for advice and support. Here are five of the most important things to know about building your board of mentors.

    Related: What You Need to Know About Building a Small Business Advisory Board (and Why You Need One)

    Quality is more important than quantity

    A personal board of advisors falls between the solo guru you turn to for every question, and your 500-plus LinkedIn connections. It’s a smaller network of people who care and provide support for you throughout your career, including peers and role models. This network changes over time to reflect what you need at different career stages, as you will rely on them for everything from providing practical advice to advocating on your behalf.

    An extensive contact list does not translate to a better network. Prioritize high-quality connections over high-quantity networks. Try making a list of how many people you actually discuss your career with. You’ll notice it’s smaller than you may have thought.

    Here are the three characteristics to look for in a high-quality relationship:

    1. Positive intent — You and your mentor are both entering with good intentions and assume the best of each other.
    2. Mutuality — You’re both present and engaged when you’re speaking. You have a genuine connection and aren’t just trying to get something out of each other.
    3. Vitality — You leave the conversation feeling energized rather than drained.

    Don’t put all your eggs in one basket

    Everyone benefits from mentoring relationships. My research shows that mentees are happier, more satisfied in their careers, get promoted faster and learn new skills. Mentors get many of the same benefits, plus loyalty among their team and a reputation for supporting others.

    However, a common mistake people make when seeking mentorship (and that companies make when setting up mentorship programs) is relying on one person. More than 92% of Fortune 500 companies have mentoring programs in place. But many of these are 1:1 models, where an employee is matched with a single mentor. That’s a lot of pressure on a single relationship and whether you hit it off.

    More importantly, you need multiple perspectives on your personal board of advisors. Sometimes, you need support from within your organization. Other times, you need an external eye. Sometimes, you want a person who shares your existing interests. Other times, you want someone who shares new interests you’re looking to explore.

    Related: 8 Steps to Creating an Effective Advisory Board

    People are more willing to help than you think

    Reaching out can feel daunting. Everyone’s busy, and it can feel like you’re asking a lot. But research on reciprocity shows that when someone asks for help, our immediate instinct is to offer it. People are flattered to be asked for their advice and mentorship. That doesn’t mean you’ll always get a “yes,” but it should make you feel more confident asking.

    When you reach out or first meet a mentor, think through how you present your story. This is an introduction, not a sales pitch for why this person should mentor. Be honest; if you’re editing your story to strengthen a relationship with a mentor, it might be a sign to seek someone else.

    Take advantage of the moment when you’re new at an organization to reach out to people. There’s never an expiration date on seeking mentorship. But the first few months of a new job offer a natural alignment: It’s when you most need support and when other people are most inclined to give it.

    Your peers are some of your best mentors

    The most underrecognized and underutilized mentors are your peers. As you progress through the ranks into more senior positions, the pool of available mentors above you shrinks. By the time you get to CEOs, who don’t have a boss, peers are the main option to receive mentorship.

    Adding peers to your personal board of advisors is helpful at every career stage. A lot of peer mentorship is informal and spontaneous. Structure, however, can also be helpful. Set up a recurring time to meet, whether it’s once a week or once a year. And, as with other mentors, it’s best to have a diverse group of people with different perspectives.

    Peer mentoring allows us to grow through the advice we receive as mentees, but also as the mentor who’s offering said advice.

    Related: Randi Zuckerberg: Don’t Search for That ‘Pie-in-the-Sky Mentor’

    It’s on you to develop your personal board of advisors

    With the shift toward greater job mobility, companies stopped taking responsibility for cultivating employees’ entire career trajectories. The formal mentoring programs large companies have in place are aimed at developing employees in their role within the organization, not looking out for your career as a whole. You now need to be intentional about building your own career networks. No one will do it for you.

    Many executives I work with feel lonely in their professional journey. Oftentimes, the only person they’ll discuss their career with is their spouse or partner. They come to understand that they haven’t paid enough attention to their own growth and development.

    Even as an expert who teaches about building networks, I sometimes forget to focus on my own. But I remind myself that creating and maintaining quality relationships with multiple mentors is good for me, good for my advisors and good for my employer.

    It’s a win-win-win worth investing in.

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    Wendy Murphy

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  • 77 Percent of Employees Want a 4-Day Workweek | Entrepreneur

    77 Percent of Employees Want a 4-Day Workweek | Entrepreneur

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    The five-day workweek has been the U.S. law for 80 years, but a majority of Americans want to switch over to a four-day workweek, according to a new Bentley-Gallup Business in Society Report.

    Seventy-seven percent of U.S. workers surveyed say a four-day, 40-hour workweek would have an extremely or somewhat positive effect on their well-being. Employees also said they wanted their companies to offer mental health days (74%) and limit the work they’re expected to perform outside of work hours (73%).

    Some companies, including Amazon, Basecamp, Microsoft, and Panasonic, offer four-day workweek options, but most businesses are sticking with the tried-and-true five-day model. Why? Experts say it’s a combination of lower productivity (although studies show this not to be the case), staffing issues, increased costs, and complex changes to operations.

    Plus, there’s just an overall resistance to change.

    “It’s been almost 100 years we’ve operated with the current workweek,” Juliet Schor, an economist and sociologist at Boston College who has researched the four-day workweek, told The Washington Post. “I don’t think we can expect it [to change] overnight.”

    A brief history of the five-day workweek

    Responding to pressure from labor unions, Henry Ford was one of the first employers to standardize a five-day, 40-hour workweek in 1926. Ford also saw that minimizing hours would lead to a prosperous middle class, the backbone of his factory workers. In the early days of the Industrial Revolution, Americans worked like dogs, averaging 100 hours per week, six-days a week—something needed to change. In 1938, President Franklin D. Roosevelt passed the Fair Labor Standards Act, which made the 40-hour workweek the law of the land.

    How a 4-day workweek works

    But in recent years, many companies have adopted a four-day workweek in which employees are allowed to work 10-hour workdays, four days a week, instead of eight-hour workdays, five days a week. The pay remains the same, but the schedule changes, allowing workers to enjoy an extra free day each week.

    Four-day workweeks are popular among millennials and Gen Z, who put a strong value on work-life balance. In fact, 92% of young people say that they would work longer hours in exchange for a four-day workweek, according to a Bankrate survey.

    Last year, more than 33 companies in the UK did a four-day workweek trial run for six months. Afterward, most of the companies said they would not go back to the five-day workweek, reporting that productivity and employee happiness were up.

    Slow to adopt

    Despite the enthusiasm many employees have for a four-day workweek, their employers are not as jazzed. Only 15% of U.S. workers say their companies offer four-day weekweeks, according to a 2023 survey by ADP.

    Change is hard, especially in a volatile economy where businesses don’t want to take chances. But industry analysts say that ultimately, the more workers demand four-day workweeks the more their bosses will bend to their will. It’s all a matter of supply and demand, something companies know all about.

    “Once some companies start offering [four-day workweeks] and once many workers start to apply for those positions … it might actually end up putting more pressure on companies to introduce this non-traditional perk,” Sarah Foster, a Bankrate analyst, told CNBC.

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    Jonathan Small

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  • 3 Ways to Foster a Culture of Curiosity | Entrepreneur

    3 Ways to Foster a Culture of Curiosity | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    I believe that a culture of curiosity pays dividends to not only any organization but also any relationship. In my work with my clients, especially when coaching co-founders and leadership teams, I see that nothing creates disconnection faster than an attachment to being right. There’s nothing wrong with pursuing the right answer or having conviction in a point of view, but the danger is when a point of view becomes connected to our own egos and identities. This is not the search for what is right, but rather an individual righteousness that flies in the face of truth.

    Curiosity, on the other hand, fosters connection and builds up relationships. It creates space for innovation and creativity. It allows, still, for strong perspectives, but it creates the openness to evolve. It is the lifeblood of healthy, adaptable organizations.

    So how, then, can we each take the responsibility to be curious, role modeling that for our teams and our peers? Three things have come into focus time and time again, three ways of helping to invite more curiosity into the workplace: staying present in the here and now, separating observation from imagination and letting go of binary thinking.

    Related: A Culture of Curiosity Is the Key to Building a Company That Learns to Improve

    Staying present in the here and now

    I often say that “the past tense is the language of blame.” It’s incredibly hard to have a grounded, curious conversation when we’re pulling in stories and arguments from the past. The same goes for spending too much time in the future tense. Sure, we need to learn from past mistakes and plan for future considerations, but these conversations should be grounded in the present around what we can learn or what we can do now.

    The risk of being too past-focused is that we end up arguing about our own versions of history and the he-said-she-said. The risk of being too future-focused is that we speak in hypotheticals, usually focused on our own supporting facts and data. Again, there’s nothing inherently wrong with looking to the past or future, but to foster curiosity, try staying in the here and now. Lean into your own present-focused statements around your beliefs and feelings.

    Separating observation from imagination

    An observation is anything that could be played back on a video recording. It doesn’t mean it’s 100% correct, as a lot of research into the accuracy of memory shows, but it is objective in nature. An imagination is any story or judgment that we make up about our observations. It’s inherently subjective in nature and grounded in our own assumptions.

    It’s helpful to keep the distinction in mind and to categorize our thoughts into one of the two camps. The implication here is that, while we can be reasonably confident in our observations, we must create some space for curiosity when our imaginations make up a story. Even more powerful is to use this language in practice. Call out your observations and imaginations out loud — for example, “I saw your eyebrows raise when I shared my quarterly results, and I’m guessing that you’re surprised.”

    Related: Cultivating Curiosity Is What Drives Innovation

    Letting go of binary thinking

    The risk of binary thinking, or thinking in black-and-white, absolute terms, is that we might oversimplify a complicated idea and miss other perspectives. I see this most often when it comes to receiving feedback. The natural human response, when we get a piece of feedback, is to ask “Is it true or not?” Implicitly, we’re putting the feedback into either the “true” bucket or the “false” bucket. In doing so, we’re missing out on the precision of asking “Which parts of this are true?”

    The latter approach invites openness and learning, while the former does not. It can be difficult to spot binary thinking, as it’s an easy default for our thought processes. But anytime we can spot it, we create an opportunity to expand the conversation away from either/or and into curiosity.

    There are many ways to foster more curiosity in our organizations and relationships, but start with trying to stay present in the here and now, separate observation from imagination, and let go of binary thinking. Importantly, these are all things that we can do ourselves. We can take ownership of creating the culture we want and invite others into it as a result. Start by choosing just one of these three ideas and, with it, one commitment or action that you can do each day for the next few weeks. See what happens, and build on what works.

    Good luck on your journey.

    Related: Passionate Curiosity Is the Game Changer You Seek

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    Jason R. Waller

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  • Free Webinar: How Company Wikis Facilitate Growth and Expansion | Entrepreneur

    Free Webinar: How Company Wikis Facilitate Growth and Expansion | Entrepreneur

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    In this session, we will explore how a well-structured and organized company wiki can be a crucial asset for your business’s scalability and adaptability. Learn how to alleviate growing pains by implementing knowledge structures that can evolve along with your organization.

    By the end of the webinar, you’ll have a solid understanding of how to use a company wiki as a tool for growth and expansion, allowing you to make informed decisions for your organization.

    Register Now

    Key Takeaways:

    • Importance of Scalability: Understand why a scalable knowledge base is vital for a growing business.
    • Organizational Structure: Learn how a well-organized wiki can streamline internal communication and facilitate information sharing.
    • Adaptability: Discover how wikis can be easily updated and adapted to meet the changing needs of your organization.
    • Knowledge Management: Gain insights into how a wiki can serve as a centralized repository for crucial company information, saving time and reducing redundancy.
    • Case Studies: Get real-world examples of companies that have successfully integrated wikis to facilitate growth and expansion.
    • Best Practices: Learn actionable tips for setting up and maintaining an effective company wiki.

    Register Now

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    Entrepreneur Staff

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  • Young Workers Don’t Want to Become Managers — and This Study Uncovers the Reason Why. | Entrepreneur

    Young Workers Don’t Want to Become Managers — and This Study Uncovers the Reason Why. | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    As a young computer developer, I never had any aspirations of being a manager, let alone a CEO.

    When I started my career some 30 years ago, everybody in my field seemed to be following the so-called IBM model of climbing the corporate ladder — starting at the entry level for a few years and then hopping from rung to rung into more senior managerial roles. It wasn’t for me.

    Luckily for me, I worked for a progressive company that understood the need to create dual career paths. You could remain an individual contributor, sometimes leading technical projects, or you could be a manager. I chose the technical track, rising through my field until there was nowhere left to go but the C-suite. Now that I’m here, I see a huge problem.

    The average person has no interest in being a manager anymore.

    My company recently ran a survey of 1,000 full-time employees across the U.S. who are not already in a managerial position. A meager 38% said they were interested in becoming a people manager at their current company. This problem crosses industries and borders. We’re seeing clients in all lines of work struggling to fill frontline management positions.

    It’s becoming clear that companies have to adapt to fill these gaping voids, and the stakes couldn’t be higher. Picture a Jenga tower — there are only so many blocks you can remove from the middle before the top comes crashing down.

    Related: Some People Aren’t Cut Out to Be Managers — And That’s Okay. Here’s What You Can Do Instead.

    Why management roles have grown less attractive

    There was a time when the title manager meant prestige, respect, maybe even admiration — a chance to lead, a pathway to the top. But that dynamic has been shifting for decades and can now feel out-of-touch and out-of-date.

    This management backlash has roots in several places. For one, trust in leadership has eroded sharply. Only 21% of workers strongly agree that they trust the leadership in their company, and the number has been on the decline since the pandemic.

    At the same time, the “individual contributor” has enjoyed increasing status in many circles, especially in the tech community. A talented developer, for instance, can rise through the ranks of a company without managing people. Ultimately, their pay and perks may end up being comparable with senior people leaders, without ever having to wrestle with the challenges that go along with management.

    Meanwhile, the pressures on managers are only growing. Familiar challenges with delivering results and bottom-line value have been augmented in recent decades with mounting HR responsibilities. For many, the stress and time commitment of management simply outweigh any added benefits.

    Indeed, of all the insights gleaned from this survey, one stood out to me more than any other — people see managerial responsibilities as a non-starter for work-life balance. Among those we surveyed, 40% said their biggest worry with becoming a manager was increased stress, pressure and hours. When we asked people to identify their top ambition, 67% said spending more time with their friends and families and 64% said being more physically and mentally. The lowest priorities were becoming a C-suite executive (4%) and becoming a people manager (9%).

    Related: 10 Myths About Work-Life Balance and What to Do Instead

    How to fill the ‘missing middle’

    This management gap couldn’t come at a worse time. As companies struggle with disruptions from AI, increasing automation and a tight labor market, clear leadership is needed more than ever, but it’s getting hard to find.

    So how can companies fill the “missing middle” — and make management aspirational again?

    One important step is to redefine the meaning of manager. Partly, this is about reconceptualizing the role. The tech industry, for instance, has popularized “player-coaches:” employees who continue to contribute as individuals, while also leading small teams of trusted colleagues. While this balance can be challenging to strike, the upside is sustained engagement with your field and growth of new management skills.

    At the same time, companies are finding new ways to valorize management. When McKinsey asked middle managers what they wanted more of, the obvious answer was bonuses. In a competitive market, many companies are dishing out signing bonuses to attract talent into the pipeline. According to a 2021 survey, 43% of hiring managers were offering more paid time off and 40% were offering better job titles to win the war for talent. It’s not all about perks, however. Middle managers also said they wanted to be rewarded with increased autonomy and more responsibility.

    An equally critical step is to help managers handle those increased responsibilities with better technology — enabling them to extend spans of control while diminishing toil and grunt work. Take the challenge of handing out raises. Traditionally, this process required a manager to manually evaluate every employee and come up with a number and a rationale for each one. But new tools are taking the guesswork and paperwork out of the equation. We use a smart compensation tool to evaluate performance metrics and create a clear picture of what a person is paid relative to their peers, and relative to industry standards. This not only removes risk of bias but also cuts down on time. There are similar tools for goal-setting and skills-mapping, lessening the burden of regular performance reviews while making them more meaningful.

    Related: Here’s How Managers Can Role Model A Good Work-Life Balance For Their Teams

    Behind all these efforts lie advances in collecting and sharing people data. The better we can arm frontline managers with insights about their teams, the faster they can make the right decisions.

    In a world with fewer managers, these steps mean companies can increase spans of control while maintaining productivity, reducing stress and saving people time. In the end, it’s not just for retaining current managers, but recruiting new ones. Consider this: Deloitte found 73% of managers said they should be a model of well-being for their employees, but only 35% of employees could see that in their manager. Until we give them the time and resources to do their jobs effectively and happily, people will continue to have reservations about moving up in the ranks. The Jenga tower will continue to sway — if not collapse.

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    Ryan Wong

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  • If You Cancel a Meeting With the Boss At This Company, Something Odd Happens | Entrepreneur

    If You Cancel a Meeting With the Boss At This Company, Something Odd Happens | Entrepreneur

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    At the company I lead, anyone can opt out of any meeting, at any time, for any reason — even if it’s with me. Zero judgment. Zero repercussions.

    The way I see it, meetings are more than just gatherings of people; they are structures to build healthy respect for people’s time and talents. I want those ideals to be core to my company.

    Also, let’s face it: Most meetings suck.

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    Sarah Kellogg Neff

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  • How Complacency Kills Your Business (and How to Foster Innovation) | Entrepreneur

    How Complacency Kills Your Business (and How to Foster Innovation) | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Howdy, entrepreneurs! If you’re all cozy in your comfort zone, relishing past successes, here’s a wake-up call: Extinction could be looming. Time to shake things up! You heard that right. Complacency, that wicked wolf in sheep’s clothing, can slaughter your business faster than you can say “Netflix.”

    Now, pull up a chair, grab a mug of your strongest Joe, and prepare to learn how innovation is your only lifeline in this bloodthirsty, ever-evolving business arena.

    Because this is what you need to survive.

    Related: Complacency Kills Your Business. Here’s How to Fight It.

    Comfort zone: Your business’s deathbed

    Got a well-oiled business machine running smoothly? Congrats! Now, forget about resting on those laurels. The comfort zone, my friends, is where innovation goes to die, dreams get strangled, and businesses bite the dust.

    Why so? Because the market doesn’t care about your past glories. Customers always look for the next big thing — faster, better, cooler. If you don’t keep up, you’ll end up like Blockbuster — a relic in the entrepreneurial graveyard, remembered only as a cautionary tale.

    Remember, your competition isn’t sleeping. They’re plotting, scheming and innovating. While you’re cruising on autopilot, they’re out there hustling. So, dust off those cobwebs of complacency, and rev up your innovation engines.

    The “innovate or die” business mantra

    Innovation isn’t a fancy buzzword to throw around in board meetings. It’s the lifeblood of modern businesses. To illustrate, let’s rewind to the glorious ’90s. Remember Kodak? It was the darling of the photography industry. But when digital came knocking, Kodak clung to its film empire. Result? A swift and embarrassing downfall.

    Fast-forward to today. Look at the tech titans — Apple, Amazon, Tesla. They’re always pushing boundaries, forever in beta mode. That’s why they’re the apex predators in the business jungle. The message is crystal clear: To thrive, you must, I repeat, disrupt or risk being disrupted.

    So, how do you avoid the fate of the dinosaurs? You innovate. You experiment. You take risks — and most importantly, you never, ever get too comfortable.

    Related: Why Innovation Is Increasingly Becoming Critical to Entrepreneurship

    Nurturing an innovative culture: A practical guide

    Now, let’s dig into the nitty-gritty of fostering innovation. How does one cultivate this elusive beast? Buckle up, because we’ll embark on a no-nonsense, down-to-earth, practical guide.

    1. Embrace failure as a stepping stone

    That’s right. Failure isn’t the enemy; it’s a critical part of the innovation process. Ever heard of WD-40? That “40” stands for the 40 attempts it took to get the formula right. Embrace failure, learn from it, and charge ahead.

    2. Foster diversity and inclusion

    Do you want fresh ideas? Start by getting fresh perspectives. Foster a culture that embraces diversity and inclusion. Hire people who look, think and experience life differently from you. Their unique perspectives can lead to breakthrough innovations.

    3. Encourage curiosity and questioning

    Create an environment where every question is welcome and curiosity is cherished. Remember, every innovation starts with a question. So, encourage your team to ask questions without any fear.

    4. Promote a risk-taking culture

    Innovation thrives on risks. When teams fear consequences, bold ideas fade. Dare to venture for success! You must cultivate an atmosphere where calculated risk-taking is encouraged and rewarded. The next groundbreaking idea might just be lurking in one of those risks!

    5. Invest in continuous learning and development

    Innovation thrives in an environment where learning is continuous. Equip your team with the latest skills and knowledge related to your industry. Get them excited about workshops, seminars and courses. Create a supportive space for growth, learning and personal development.

    6. Collaborate beyond your walls

    Innovation doesn’t happen in silos. Collaborate with other businesses, universities or research institutions. You never know where the next big idea might come. These partnerships can bring fresh insights and invigorate your team with renewed enthusiasm.

    7. Provide time for creative thinking

    The daily grind can often stifle creativity. Encourage your team to take time off their routine tasks for creative thinking. This “innovation time” can be used to brainstorm new ideas, explore new technologies or simply think about better ways to perform their duties.

    8. Implement a good idea management system

    To nurture innovation, you need a system to collect, analyze and implement ideas from your team. An efficient idea management system ensures that no good idea goes unnoticed. It also encourages your team to contribute their ideas, knowing they will be considered seriously.

    9. Celebrate success, learn from failures

    When an innovative idea works, celebrate it. If it doesn’t work out, embrace the lesson. Acknowledge and celebrate your team’s innovative ideas, regardless of the result. This not only motivates them but also signals that you value innovation.

    10. Lead by example

    As a leader, you influence your organization’s atmosphere. To encourage innovation:

    1. Lead through action

    2. Be the inspiration you seek

    3. Demonstrate your commitment to innovation through your actions

    4. Be open to new ideas, encourage healthy debates, take calculated risks, and continuously learn and adapt

    Related: 9 Ways Your Company Can Encourage Innovation

    Innovation is a journey, not a destination

    Hey, fellow trailblazers! Innovation is no one-time gig; it’s a journey of constant improvement. Keep pushing boundaries, challenging norms and staying curious.

    Remember: Stop innovating, and you risk fading away. No room for complacency! Let’s shake things up, reinvent and leave a lasting legacy.

    As Steve Jobs said, “Innovation distinguishes leaders from followers.” Ready to lead?

    Keep those creative juices flowing, stay hungry, and stay foolish. Happy innovating! Until next time, stay innovative and keep your businesses alive and kicking.

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    Chris Kille

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  • Self-Care Isn’t Selfish — It’s Essential. Here’s Why. | Entrepreneur

    Self-Care Isn’t Selfish — It’s Essential. Here’s Why. | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    What’s your first instinct when you feel the mounting pressures of running a business?

    If you’re like many leaders, you double down on your workload. That means spending more time at the office and less time on your personal health, hobbies and relationships — and that might work sometimes. You may even attribute your business’s success to that instinct.

    The problem is that humans aren’t designed to function at maximum capacity 24/7. Working twice as hard doesn’t necessarily result in getting twice as much work done. Instead, pushing yourself past the point of exhaustion has been shown to lead to less creativity, reduced working memory and capacity for problem-solving and worse business outcomes.

    Unfortunately, “self-care” has become so overused as a buzzword that it has become meaningless other than as a way to sell bath bombs and expensive retreats. But self-care isn’t a self-indulgent luxury for people with more time than you; it’s an essential tool for high-performing leaders who want to excel in their business.

    If you want to maintain high performance and effectively navigate the challenges of leading people and leading a business, it’s time to shift your perspective.

    Related:

    The rise of burnout in leadership

    We heard a lot about burnout during the pandemic and its aftermath. Reporting from Gallup showed that the burnout rate among managers increased significantly between 2020 and 2021, leading to increased quit rates among managers and leaders and unmanageable workloads for those who stayed.

    But, burnout among leaders is a perennial problem — one that existed long before the pandemic, and one that will persist in the future. For instance, Gallup polling from 2018 showed that more than two-thirds of workers were burned out, with managers reporting more stress and burnout, worse work-life balance and worse physical health than members of their teams. And, a recent survey found that even though life outside the workplace has returned to normal for most people, 70% of C-level executives are considering leaving their company and taking a new role in an organization that supports their well-being.

    Self-care: Beyond the bubble bath

    Of course, as an entrepreneur running two companies, I know that understanding the importance of self-care and making time for self-care aren’t the same thing. Here are some practical methods for incorporating self-care into your routine and infusing it into your organization.

    1. Small acts of self-kindness

    Self-care doesn’t require grand gestures. Instead, small investments can have an outsized effect. It can be as simple as slowing down to taste your coffee in the morning or taking a short walk in the fresh air before heading into the office.

    To carry self-care through your workday, you could build a playlist of your favorite songs that plays in the background as you work. Or get a vase of fresh flowers once a week to place on your desk. If you find yourself fading around mid-afternoon, take a walk, take a few deep breaths and reset yourself for the rest of the day.

    There’s no limit to the amount or types of things you can do to take care of yourself at home and work. Finding ways to add elements of self-care to your daily routine is a great way to ensure your mind and body are getting the rest and nourishment they need to fuel the rest of your day.

    Related:

    2. Take extended breaks, too

    Vacation time should be viewed as mandatory, not optional. Completely unplugging from work is linked with increased well-being, engagement and creativity. Going on vacation can also lower stress and reduce your risk of developing heart disease. Don’t believe it? Consider that Lin-Manuel Miranda credits his idea for the award-winning musical Hamilton with taking a vacation.

    But, so many of the entrepreneurs and executives I work with are reluctant to take a vacation. This mindset is not only bad for you — it’s bad for your employees. According to the Pew Research Center, 46% of employees in the U.S. take less time off than their company offers. Many of them don’t want to burden their co-workers with extra work. Some fear they will miss out on career advancement opportunities or possibly lose their jobs if they take time off.

    3. Make yourself less essential

    We all know that entrepreneurs wear many hats, especially in the early days of their business. But if your company comes to a standstill the moment you step away, you’re doing something wrong.

    It can feel gratifying to be integral to your business’s functioning, but ultimately, you’re shooting yourself (and your business) in the foot. A Gallup survey found that companies run by CEOs who delegate have a three-year growth rate that is 112 percentage points higher than companies with CEOs who do not delegate.

    Leadership is the act of setting a vision and then accomplishing that vision through others. Surround yourself with people that you trust and then empower them to do their jobs. That way, you can take a break without feeling the burden of your business crumbling behind you as you walk away.

    4. Lead by example

    As leaders, we need to remember that our employees are watching us and taking their cues from our behavior. When you ignore your own well-being, you send the message that your employees should ignore their well-being, too.

    As a leader, it’s on you to create a permission structure and culture of self-care at your organization. Talk about the importance of self-care at work openly and frequently, especially with your leaders. Encourage employees to set (and keep) boundaries, especially when they are working remotely and the lines between when their workday begins and ends are blurred. When leaders practice self-care, the rest of the organization is more likely to follow.

    Related:

    5. Build self-awareness

    Once you’ve created permission for you and your employees to take care of yourselves, you have to build the self-awareness to know when you’re showing up in an unproductive way and the self-efficacy to take some time when you are.

    For example, I recently had a day that found me spiraling into a ball of stress and burnout. So, I decided to take the next morning a little slower than usual. Instead of rushing to the office, I spent a few extra minutes outdoors, picked a few fresh tomatoes from my garden and made an omelet.

    I knew I wasn’t going to show up in a productive way if I just barrelled into the office all stressed out.

    You need to expect the same from your employees. Forcing your employees to take care of themselves is infantilizing. They’re adults. Set an example and then trust them to follow it.

    Build your surge capacity

    In an interview with the American Psychological Association, Dr. Ann Masten, a psychologist and expert on resilience, talked about the importance of protecting what she called surge capacity — the mental and physical resources we use to survive the stressful situations that are so common to life as an entrepreneur.

    Unfortunately, she said, that capacity can get depleted. Faced with continuous challenges, we get exhausted and overwhelmed. When it does, we need to step back and try to replenish and restore our capacity through self-care.

    As a leader, there will always be days when walking away from work feels challenging or even impossible. The key to taking care of yourself on the days you can is to remember that acts of self-care now will enable high-performance in the moments that matter.

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    Jonathan Kirschner

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  • 5 Small Gestures To Make Your Employees Feel Appreciated | Entrepreneur

    5 Small Gestures To Make Your Employees Feel Appreciated | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    As a business owner, you’re probably wondering what you can be doing to retain your best people, particularly in today’s tight labor market.

    Having a happy workforce is a surefire way to avoid employee turnover and produce a team that is highly productive. Positive relationships at work between the employee and employer are well worth the time and effort.

    Here are five ways you can make your employees feel valued and respected.

    1. Say happy birthday with a gift

    More than nine out of 10 workers surveyed in a new study said that receiving birthday gifts makes them feel valued and loved; employers who give birthday gifts to workers have higher company morale and employee retention rates.

    Acknowledging an employee’s birthday with an announcement, email or a card is appreciated, but let’s not deceive ourselves — people like gifts. So much so that, according to the survey, workers prefer that either their company or their boss spend an average of around $60 on a gift for them.

    Related: Tele-Mental Health in the Workplace is Crucial to Employee Morale

    2. Acknowledge milestones

    Remembering an employee’s milestone – such as their work anniversary – is also very important. Payroll company ADP reports that people switching jobs currently receive about a 10% pay bump, which is almost twice the typical salary increase offered to employees who remain at their jobs.

    Of course, you should be paying your employees enough to keep up with inflation. But almost as important is recognizing loyalty. Sticking at a job for two, three or even five years is a big deal nowadays. Make sure everyone knows how much you care about that.

    3. Offer regular rewards

    Good management regularly rewards their people for doing a good job. Rewards platforms like Bonusly, Awardco, Worktango and Motivosity have all proven to be effective, and all of these applications work in a similar manner.

    Employees start a period with a points balance and are required to award these points to their colleagues based on a job well done. This way, not only managers participate; others on a team can show their appreciation to their coworkers. The points can then be exchanged at the end of a period for a myriad of benefits, including cash, paid time off, gift cards, company bling or a charitable contribution.

    Acknowledging your staff’s accomplishments with a small reward can go a long way and help improve morale and retention.

    Related: 5 Easy Things You Can Do to Boost Company Morale

    4. Make a contribution to their favorite charity

    Americans are among the most charitable people in the world, and I’m betting that most of your employees are involved in some sort of charity or non-profit organization.

    Showing your generosity is a great way to tell your employees that you care about the things that they care about. Offer a matching program or volunteer your staff and resources to support charities and nonprofits. Management can also set up a system where they exchange vacation with their employees for a charitable contribution.

    Related: Your Company’s Biggest Threat Is Already Infiltrating Your Team

    5. Spend time with your team

    Making charitable contributions and giving out cash, gifts and other perks is certainly appreciated, but there’s one thing that I’ve found is appreciated the most by employees – the boss’s time.

    One of the biggest advantages of working for a small business is that employees can really feel like they’re making a difference. Unlike being at a large corporation, people at smaller companies can be part of a team where their opinions and their actions have a much greater impact on the overall success of an organization. And because there are fewer layers to the organization, they also have better access to the boss. That’s a huge perk that we often don’t appreciate.

    If you’re not a big fan of celebrating birthdays and anniversaries or implementing a rewards system, try this: Spend more time with your people. Walk around the office. Chat. Invite people to lunch. Show up at a happy hour. Take an interest in their families. Talk about sports, television, Barbie or their last vacation.

    Above all, engage. You don’t have to get too personal or look within the soul of a person. You don’t have to be their mom or dad. But you can be a positive role model and a supporter. People appreciate a good boss. We look for mentors. We are humans and want to connect. We feel more loyalty and a greater connection to those that we spend time with, and the better and more positive your personal relationship is with your workers, the harder you’ll make it for them to leave you.

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    Gene Marks

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  • How Leaders Can Foster a Sense of Belonging in the Workplace | Entrepreneur

    How Leaders Can Foster a Sense of Belonging in the Workplace | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    When employees feel a sense of belonging in the workplace, they’re free to be their authentic, true selves, which makes it easier to show up, engage with others, create solutions and perform well. People who don’t feel workplace belonging experience anxiety, (dis)stress and mistrust that ultimately hampers their performance and creativity. That’s why entrepreneurs and leaders should design organizational policies and practices to encourage it.

    Well-known, but nonetheless important, examples include knowing a team member’s name, welcoming them into the company through appropriate onboarding procedures and traditions, and regularly checking in to see how things are going through staff meetings, one-on-one huddles and feedback-based performance evaluations.

    In this article, I draw upon an impressive array of data from our recent studies with corporate, non-profit and legal consulting clients to put forth fresh ideas for boosting workplace belonging. Fresh ideas lead to specific solutions and useful examples from companies witnessing solid results.

    Related: Employees Want to Feel a Sense of Belonging at Work. Here’s How Leaders Can Make That Possible.

    Fresh ideas

    It’s no secret that workplace belonging is an essential component of employee engagement. When employees feel like they belong, it results in positive work-life balance, better relationships, low(er) stress levels, greater productivity, low staff turnover, higher job satisfaction ratings and better performance metrics.

    For example, in one study, high sense of belonging among employees was strongly linked with a 56% increase in job performance, 50% decrease in risk of leaving and 75% reduction in sick days. For a company of 10,000 people, this could mean annual savings of more than $52 million. Figure 1 presents a summary.

    The benefits of workplace belonging are indisputable. But how can entrepreneurs and leaders foster a sense of belonging within their organization? Belonging must be more than a buzzword. It refers to a feeling, a perception or an emotional connection that makes people feel accepted, respected, safe, secure, valued and understood at work, just as they are. One way to do this is by listening to and sharing team members’ stories about who they are, what they value, where they are from and what they love to do, both inside and outside of work. This is a great opportunity for humanizing the workplace — showing that the organization cares about its people and their well-being.

    Another way to promote workplace belonging is to provide meaningful opportunities for connection, collaboration and social interaction amongst your team members. These vary in form and fashion, but our work with dozens of companies shows several fresh approaches to book clubs, employee resource groups (ERGs) and other affinity groups. Business leaders can also encourage employees to interact and share their fresh ideas and perspectives through staff pulse polls, feedback channels or team meetings by providing special breakout rooms or skipping-level meetings.

    Specific solutions

    To build a culture of belonging, managers must strive to make all employees — whether in-person, remote or hybrid — feel like they belong by caring for their colleagues, advocating for each person’s needs, making or holding space for all voices to be heard and investing in their professional success. Additionally, leaders should be mindful of the impact of isolation in the workplace and take measures to prevent it, such as implementing formal staff mentoring programs or planning regular check-ins with individual staff members and teams. This will ensure that all employees have the resources they need to do their jobs well, thrive professionally and feel like they belong in their organization.

    Business owners and leaders should also foster a culture of trust by encouraging honest dialogue, promoting anti-racist and non-judgmental practices, praising vulnerability and being mindful of power dynamics, especially in difficult situations.

    A good place to start is fostering employee advisory groups, championing diversity, equity and inclusion (DEI) promising practices and ensuring that everyone has a safe, brave space to share their doubts, concerns, complaints and fears through electronic channels, climate surveys, feedback loops and one-on-one meetings with mentors, liaisons or managers.

    Remember, the evidence is clear. A strong sense of belonging can bolster an organization’s bottom line, with research showing that it leads to a 56% increase in performance, a 50% decrease in turnover risk and a 75% reduction in sick days. It can also lead to a 167% increase in employer net promoter score, two times more employee raises and 18 times more employee promotions — the latter being person-level gains associated with performance metrics in studies.

    Belonging is an essential building block of a successful workplace and an essential element of entrepreneurial success. While some companies overemphasize profits and gains — though dollars make sense in business (and cents make dollars) — belonging calls much-needed attention to the important role that emotions, feelings and perceptions play in business. How people feel can make or break a business; unlike widgets and contracts, feelings can’t be forced, fabricated, easily fixed or forgotten.

    Our work with leading companies reveals several useful examples — what I refer to as promising practices — from businesses seeing solid results after prioritizing such feelings.

    Related: 3 Simple Ways to Help Your Employees Feel They Belong

    Promising practices

    As a leader, you can take several actions to promote belonging in the workplace. For example, one Chicago-based tech firm invites staff to share their personal stories in team meetings, on social media and through the company’s podcast. This is an opportunity for everyone to get to know one another better, which contributes to a sense of community. It’s also a great way to discover commonalities and connections across departments, divisions and teams.

    In addition, if business leaders encourage employees to express their opinions at work, they will feel like their ideas are valued and respected. A workplace that prioritizes belonging is one where all voices can be heard, celebrated and respected, regardless of the messenger, the message and its contents (within reasonable limits).

    One Virginia-based non-profit takes several steps to create space for 360-feedback loops, including “Feedback Fridays,” where employees are rewarded (financially and otherwise) for identifying bottlenecks that threaten organizational excellence.

    Remember, asking employees to air their perspectives is one step. An important action for leadership, however, is to listen to what their people need — and then act on it. When you do, don’t forget to circle back and share the solution while tracking its impact on fixing the problem.

    It bears repeating: A sense of belonging is important for all employees, especially women and minorities who often feel isolated in male-dominated, predominantly white fields. By encouraging all employees to express their authentic selves, businesses can foster a more trusting and empowering culture that boosts employee performance, fuels innovation and hits the bottom line, all part of the connection equation.

    To encourage a sense of belonging, leaders should consider the solutions and promising practices described in this article. Demonstrate that employees’ unique contributions are valued, and make an effort to understand their backgrounds. Promote a culture of belonging by creating opportunities for workers to collaborate with their peers in a supportive environment. All of this will help to build relationships and trust, which are crucial in fostering a sense of belonging. Indeed, work relationships move at the speed of trust.

    Related: The 3 Pillars Your Company Needs to Cultivate a Culture of Belonging

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    Terrell Strayhorn, PhD

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  • Why ‘Quiet Fridays’ Are the First Step Towards a 4-Day Workweek | Entrepreneur

    Why ‘Quiet Fridays’ Are the First Step Towards a 4-Day Workweek | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    When I first read Tim Ferriss’ 4-Hour Workweek a decade ago, it planted a bug in my brain to always look for ways to balance productivity with sustainable life rhythms. I didn’t know if living like that was even possible, but I was intrigued. As a former pastor turned entrepreneur who values both healthy work culture and optimal performance, I was fascinated by the notion of shorter workweeks from the get-go. The statistics around 4-day workweeks were compelling.

    Related: The Case for a 4-Day Work Week

    But as the founder of a brand consultancy with limited cash reserves, I knew I couldn’t immediately offer everyone a 4-day workweek and expect cash flow to stay healthy in the short term. I quickly classified the 4-day workweek as something only big corporations could afford to do. With their exorbitant bottom lines, surely they could take the risk, “But not a sub-$1m revenue company like ours!” I’d mutter to myself, alone in my shed-office. Fortunately, I stayed haunted by the idea for long enough to press through my cynicism and find something intriguing to try.

    I want to share a concept we implemented at our brand consultancy a few years ago that continues to reap rewards for everyone involved — we call it “Quiet Fridays.”

    Imagine this: a bustling office (or burbling Slack channels) from Monday through Thursday, with teams collaborating, innovating and driving the company forward. You’re proud of the pace and productivity. They’re meeting with clients, pitching new ideas, selling future work… And then comes Friday — and all of a sudden — crickets. Slack is a ghost town. You check your calendar, and it’s wide open. Everything has slowed down by design. Fridays are set aside for uninterrupted deep work, reflection and rejuvenation. This is the essence of our Quiet Fridays.

    We simply decided to stop scheduling client-facing meetings on Fridays to create a margin for ourselves. What a novel idea!

    And the remarkable thing was — clients didn’t mind. They’re typically inspired by it. They respect the intentionality we have around creating (and protecting) margins. If they’ve trusted us to rework their brand strategies or articulate some new expression of their company, they want us to have uninterrupted time to dedicate to it. It’s for everyone’s benefit.

    Related: Why Combining Company Culture with Strategy is Necessary for Lasting Business Success

    What does “quiet” mean for you?

    You might be saying to yourself, “Cool. Glad that worked for you, but there’s no way I could implement this at my ______ company.” Which is precisely why I’m writing this article. This concept is implementable across the board. All you have to do is define what “quiet” means for you.

    With our brand consultancy, one of the most important things we do is meet with our clients. It’s essential to our success. Clients hire us to spend time with them. Apart from that, we’re out of business. But meeting with clients can be draining, especially if you’re giving them your best attention. It’s exhausting to sell ideas and inspire other leaders to dream of their brands in fresh ways. That is why I knew “quiet” meant no client-facing meetings. When I first shared the idea with my team on a Zoom call, I could see little pixelated tears of joy forming in the corners of their eyes.

    One of the companies I’ve invested in is a cannabis farm in Maine. We breed, cultivate, and package products to distribute around the state. Those employees don’t meet with clients or sit around all day at desks talking on Slack. So, what does “quiet” mean for them? How can we implement Quiet Fridays for them? Ask them!

    Maybe we plan Friday’s goals earlier in the week, and people can enjoy a self-guided day — productive yet paced a bit slower. Maybe Fridays become a time to focus on genetic hunting or rainy day projects that always seem to be pushed off to another day.

    Our employees at the brand consultancy will sometimes use the time to work on internal marketing ideas — either content or updating our website. (Guess when I’m writing this article? A Friday morning.) And if people find themselves with very little to do, they quietly take the rest of the day off. They’ve clearly earned it if they’ve tackled everything on their lists.

    Related: 100 UK Businesses Go All In On 4-Day Workweek

    If you’re in the startup world, there’s a good chance you have other stakeholders watching what you’re doing (or breathing down your neck), and if you proposed a 4-day workweek, your investors would lose their marbles. Quiet Fridays are a great way to invest in your internal culture without being too disruptive of others’ expectations of you. It’s a subtle enough tweak that hopefully doesn’t require anyone’s approval other than yours.

    So, if you find yourself in a leadership position or leading a team within a larger company, I dare you to exercise that bit of autonomy and consider Quiet Fridays for your team. If you’re already scheduled for the next month or so, pick a Friday next month and ask everyone to begin guarding that day. Put a recurring event on the calendar called Quiet Friday and invite your whole team to it. Try it. Test it. Tweak it. And see what Quiet Fridays might add to the efficacy and joy of those around you.

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    John Emery

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