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 vast majority of business leaders responding to a recent survey said they’re concerned they can’t train employees quickly enough to keep up with AI and tech developments in the next three years. A similar amount said AI and other tech disruptions will require companies to rethink skills, resources and new ways of doing work.
If you were to ask a random person on the street what an HR professional does, their answer would probably be conflict resolution, or that HR folks deal with employee salaries and benefits. And while that is part of an HR professional’s responsibilities — to ensure employee safety, respect and accountability — that doesn’t even scratch the surface.
With remote work destined for good to be a fixture of the modern workplace, almost half of companies are monitoring remote employees’ online activities. Monitored activity can include active work hours, websites visited, chats, and messaging logs. Almost a third (31%) of respondents said their employers are monitoring their computer screens in real-time.
