Human Behavior and Business Human behavior plays a bigger role in business than you might think. Behavioral economics is the study founded and pioneered by Richard Thaler, who observed the influences of human psychology in economics. At times, humans make decisions that are irrational speaking from a strictly economic perspective. So, Thaler decided that the… Read more
Human nature has a massive impact on all businesses, whether it is apparent or not. At times, human beings make irrational economic decisions. The study of human behavior and its influence on economics is called behavioral economics. Many behavioral economic phenomena can make an appearance in your workplace– and it’s up to you to know… Read more
The success of an organization is largely dependent on its employees’ happiness, and how engaged they are at the workplace. Which is why it is very important to have clearly defined employee engagement strategies. Well defined employee engagement strategies will help create a good work environment which will boost employee productivity and performance; and as… Read more
Employees are the most important components of the organization. Employees working and merely completing the daily routine at workplace is not enough for the organization to be able to retain them and keep them working to their highest potential. Keeping them happy and engaged is crucial for improving productivity in the workplace and retaining employees…. Read more
The most productive organizations are always the ones with happy employees. Imagine a world where people get up early and get ready to work with enthusiasm and confidence, aiming to achieve something significant. That is ideally the result of happiness at workplace, and that is how the happy and satisfied employees of an organization are… Read more
If you’re a parent, think back to the days when you cheered your baby on as they took their first steps. Those who don’t have kids can go back in time and try to remember the most influential people in your life. How did they talk to you? Communication is a skill that you can… Read more
Communication is essential in any workplace. Great feedback in the workplace is a key component of any professional relationship. However, giving feedback is a delicate art. Used appropriately, feedback can boost employee morale, productivity, and engagement. But if feedback is delivered poorly, it’s a recipe for disaster. We want to transform workplace communication one step… Read more
You may not be aware of it, but most employees are happy to be at work. According to a recent survey, 85% of survey participants indicated they felt satisfied with their jobs. That said, only 9% of the respondents gave high ratings in every survey category. What can employers do to make the grade with… Read more
One of the main challenges facing today’s workforce is time management. Practicing time management tips are absolutely vital for employee success, and utilizing time management apps can be extremely beneficial for individuals who feel like they are too busy at work to ever check off all of their to-do list items. Busyness is just a… Read more
Many people who work in larger organizations or corporate entities don’t really understand the importance of corporate culture for their continued success. In fact, when the phrase “corporate culture” comes to mind, most people think about company pool parties or team-building events. However, company culture represents something far more important than how much fun employees… Read more
Setting your OKRs on a quarterly basis gives you a lot of advantages when it comes to continuous improvement. Teams that use the OKR framework have the opportunity to take what they have learned from one quarter– recording what worked, identifying what didn’t serve them– and use that knowledge to write stronger OKRs and execute… Read more
Supply Chain Operations Supply chain operations is the process of acquiring the raw materials you need to produce the goods or services your business offers. While this may sound simple, supply chain operations involve a whole range of processes that need to be fine-tuned for organizational success. These include: Figuring out what you need, when… Read more