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Why (and How) to Help Your Team Self-Manage in the Future of Work

Success

A 2020 study of 28 companies revealed that 100% of organizations with decentralized management structures experienced positive market-cap growth, while only 33% of companies with traditional structures could say the same. Self-management in the workplace is often seen as operating with no formal hierarchy, which is true to a certain degree.

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4 Challenges in Navigating Remote Work Layoffs

Allwork

The four key challenges of remote work layoffs are impersonal emails, legal requirements, returning equipment, and difficulties assessing performance. Managers need to be trained to overcome the proximity bias, and the consequent confirmation bias and empathy gap that undermine effective remote work layoffs.

Legal 246
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Women in Wine: 4 Sommeliers Shaping the Future of Mexico’s Wine Industry

Success

There, I met Gina Estrada, a sommelier and deputy general manager of the vineyard and powerhouse wine brand’s labels that include G&G by Ginasommelier. She credits Mexico’s geographic diversity and more than 9 million people becoming of legal drinking age every year as part of what makes the country’s wine industry so attractive.

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Accenture Announces $3 Billion Investment into AI

Allwork

What’s going on: Accenture, a global professional services company, is planning to invest $3 billion in its Data & AI practice over the course of three years. The relatively young technology is being utilized in a growing number of fields including in human resources, financial and legal departments.

Legal 236
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Rounding employee’s time may present legal risks

BMT Office Administration

Of course, those added “on the clock” minutes could lead to confusion as to whether they should have been paid and, in turn, lawsuits. The post Rounding employee’s time may present legal risks appeared first on Business Management Daily. Is that extra five minutes “on the clock” considered working time that must be paid?

Legal 52
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3 Smart Money Moves to Make Before Starting a Business

Success

Of course, much like with a vacation, there will always be moments that don’t go as planned with a new business. Financial considerations for setting up your business—such as cash flow management and forecasting—should always be your baseline before going any further. Consider cash flow management and forecasting.

Finance 345
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Lawsuits, Lost Expertise And Bad Morale: The Steep Risks Of Ignoring Older Employees

Allwork

Age discrimination occurs when a manager or boss treats an applicant or employee less favorably due to their age, which applies to younger people with less experience as well as older people who are close to retirement age. More than 80% of hiring managers say that they are concerned about taking on employees 60+, or younger than 25.