When people fear recession, they reduce spending. They decrease growth-related budgets in their business, and they sell their homes for fear of not having enough.

The “new economy” is changing the way we think about business and its evolving relationships. Kouze and Posner state that the abilities of today’s leaders to stay on top of these factors are increasingly challenged by:

For centuries we’ve known that the human mind has three parts, unfortunately most recruiting and hiring processes forget this. Often personality assessments are misused as screening tools, resumes are overused, and interviews are only utilized for assessing whether employers “like” a candidate.

Making the switch to “performance planning” is more than semantics. It’s a shift in mindset that signals a commitment to developing your employees and supporting their career goals.

4 reasons why it’s lonely at the top. A variety of unique factors contribute to a CEOs’ isolation from employees, organizations, and their own emotional needs and desires:

Bringing in HR specialists enables you to focus on your core business while ensuring that a keen eye is on talent and human resource management. There are a number of benefits to an outsourcing arrangement:

In his November 2009 article “The use and abuse of scenarios,” Charles Roxburgh discusses the ways that scenario planning helps leaders to identify extreme events and their potential outcomes and responses. He notes four features that lead to understanding uncertainty and developing strategy:

The most cut-and-dry identifier of someone in the Millennial generation is that they were born between 1978 and 2002. Attitudinal and behavioral tendencies generally observed in this generation include:

True change takes a lot of effort by a lot of people. If you don’t have buy-in and support from at least 25% of your workforce then road is going to be even more perilous.

To achieve a true mindset of innovation takes commitment. Kuczmarski submits that eight building blocks that rest on three interconnected platforms:

Although the idea is not completely new, Netflix approach is easy to understand. They outline these seven aspects of their corporate culture:

There is no sure-fire way to plan for the unknown, but let’s be clear: risk is not the unknown. Risk is calculated by identifying known contributors and variables; uncertainty is the space outside of risk.