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What Companies Can Learn from the Southwest Airlines Crisis

Success

Now Southwest faces the uphill task of repairing its reputation and restoring the collective faith fliers have in the company. But it neglected to pursue long-term resiliency by investing in, for example, a systems upgrade, which is expensive and only provides “unmeasurable future benefits.” Normal operations have since resumed.

Learning 279
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Layoffs Grab Headlines, But This Is Where Companies Are Really Trimming Their Expenses

Allwork

Companies are at an intersection where a recession, remote working and returning to the office all converge. . Although tech layoffs have claimed the majority of workplace headlines recently, this trend is still largely industry-specific and isn’t necessarily applicable to all companies.

Expenses 130
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Why Company Retreats are Worth Every Penny

Allwork

Company retreats can demonstrate a company’s commitment to its staff’s well being, showing that it values them beyond their professional contributions. Company retreats serve as a fertile ground for creativity and innovation, allowing ideas to flourish outside the confines of cubicles and conference rooms.

Cubicle 296
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9 Tough (and Necessary) Lessons Entrepreneurs Must Learn

Success

I learned that you have to trust yourself , rely on your instincts, and believe in yourself, regardless of others’ resistance, doubts or negativity. The toughest lesson I’ve learned has been to handle this constant rejection and continue to have conviction in the things I believe in. Learn true communication. Be patient.

Learning 300
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When It Come to Employee Mental Health, These 10 Companies Are Setting the Example

Success

But some companies are continuing to push to improve the lives of their employees or their clients as innovators in the future of mental health. They don’t all look the same—some companies that support mental health have the next generation in mind, and some have workplace environment improvement at the heart of their mission statements.

Health 278
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Some Companies Are Asking Employees to Pay for Training to Increase Buy-in. But Does It Work?

Success

Before you know it, you find yourself on the hook, either right away or when you try to switch jobs , for thousands of dollars of repayment for training your company asked you to do—all in an effort to secure employee buy-in. Required corporate or professional training: “It is only sensible that the company carries the total cost.”

Training 246
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Could Artificial Intelligence Eliminate Internships?

Allwork

From a strict cost-benefit analysis, training a revolving door of new employees who may or may not work out is exponentially more expensive than training a localized AI system that continues learning as it handles tasks. Doing so helps workers stand out, learn specialized skills, and further their careers.