Many high-level executives surround themselves with people who have a similar background, education, and outlook on business. When it comes to making decisions, this group of people think in the same way, leading to unchallenged decisions. Known as ‘groupthink’, this phenomena has been proven to lead to poor decisions.
In the latest in our series of essential reads ahead of the Women in Leadership Forum and the Pharma Insight Briefing on Diversity & Innovation, which will take place this October 5th and 6th during the CPhI Congress in Barcelona, Janice Reals Ellig argues that adding women and people from ethnic backgrounds to these groups can lead to better decision making. And there is sound evidence to show that putting more women at the top has a positive impact on the bottom line.
Does the presence of women in decision making bodies in your organisation lead to better business? Borderless Consultants Rosalie Harrison, June Nilsson and Niels-Peter van Doorn will present at the Women in Leadership Forum and Pharma Insight Briefing, and would love to hear your thoughts via Twitter @borderlessexec #WomeninLeadership or LinkedIn http://bit.ly/2aAevd8
The author surveyed 5,600 workers from various industries from January 2019 to December 2021, finding that worker dissatisfaction not only starts as early as age 25 — it’s been here since before the pandemic started. Her advice: aim for work-life alignment, not work-life balance. Find out what drives them as an individual — and reshape their jobs together. Engage them in the recruiting process.
There’s been a lot of buzz about a 4-day workweek. But it will be the ‘4 + 1’ workweek that ultimately wins out: 4 days of “work” and 1 day of “learning.” Several forces are converging in a way that point toward the inevitability of this workplace future.
How can leaders help their teams combat change exhaustion — or step out of its clutches? Too often, organizations simply encourage their employees to be resilient, placing the burden of finding ways to feel better solely on individuals. Leaders need to recognize that change exhaustion is not an individual issue, but a collective one that needs to be addressed at the team or organization level.