Change Management: You’ve Got This

They say the only constant in life is change. And like most clever sayings, this one is also very true. Especially when it comes to your business.Today’s pace of change is faster than it’s ever been before. But here’s the kicker. It’s also the slowest it will ever be again. Just think about that for a second.

When it comes to change, you have three basic choices:

  1. Bury your head in the sand
  2. Wait for it to find you, and then react
  3. Get out in front of it and take control

Chances are we all know people and companies who have gone with option one— and how well that went. And yet plenty of people and organizations are all too willing to ignore impending change, or to embrace a strategy that is purely reactionary.

If you run a business, this strategy isn’t going to help you achieve your goals. You need a better plan. Here are some key ways to help you deal with the organizational change that will inevitably come your way. Continue reading

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Why You Want Your Employees to Take Vacation

vacationToday’s employees aren’t just mindlessly punching the clock. They’re looking for work that has meaning and purpose. They want to be in organizations whose values are in alignment, and where they are able to grow, both personally and professionally.

When they find that perfect fit, they’re often willing to put more time, energy, and effort into their work— including after hours. But this isn’t necessarily a good thing.

Over time, working non-stop will cause even the most enthusiastic employees to experience decreased job performance and, ironically, decreased satisfaction. If you let your best team members burn themselves out, you’ll soon be watching them walk out the door for the next “perfect” opportunity. Continue reading

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Executive Fitness: Try Mountain Biking!

Are you a busy executive trying to maintain some work/life balance? Is it a struggle to keep in shape, relieve stress, and exercise in a way that is enjoyable? Are you finding that running and other workouts you used to do are getting harder, boring, or are putting strain on your knees, hips, or your entire body?

I experienced all of the above. And then one day, I started riding a mountain bike.

Mountain bikes are a wide-ranging and versatile class of bicycles that all have one thing in common—knobby tires for off-road riding. A road bike is built only for the road, but a mountain bike can go anywhere. You can ride a mountain bike on paved trails, canal paths, fire roads, hiking trails, and even up and down ski hills.

Mountain bike specific trails are being built in record numbers all across the country, and tons of people are jumping on board. Including lots of busy professionals. Here are some reasons why: Continue reading

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Financial News and Portfolio Management Discussion through August 4th

All the news you need to stay informed about what’s currently driving the market — courtesy of Raffa Wealth Management, LLC.

US stocks posted their fifth consecutive weekly gain on solid earnings and economic news.  The S&P 500 gained 0.8% and the Dow ticked up 0.1% for the week. Abroad, Japan dropped 0.8% and Europe was down 0.7% for the week. The yield on the 10-year Treasury finished the week at 2.95% down slightly from the previous week.

US employers added 157,000 new hires in July falling short of the 190,000 expected.  However, May and June were revised higher by 59,000 jobs. The unemployment rate ticked down to 3.9% from 4.0% and the labor participation rate remained steady. Hourly earnings gains also were unchanged at 2.7%. Continue reading

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Designing a remote work strategy that works

Workplace flexibility isn’t going anywhere. Employees want it and employers who get it right are seeing some serious benefits.

If you’re thinking about offering telecommuting benefits to your team, you’re in good company. Employers with remote work policies in place have reported lower levels of absenteeism, fewer employee sick days, increased hiring flexibility, lower turnover, and reduced overhead costs.

Meanwhile, employees with remote working options say they feel more productive and more valued. They also report higher levels of job satisfaction, and are more likely to say they would remain with their current employer than those who did not have the ability to work remotely. Continue reading

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Is Fear Running Your Organization?

Having a little fear in your life isn’t necessarily a bad thing. It can inspire you to do things like wear sunscreen, obey the speed limit, and “Sit up straight!” when your grandma tells you to.But too much fear can stop you from doing important things that move you forward, like learning new skills, asking for help, or telling the truth.

When organizational leaders start basing their actions, behaviors, and decisions on fear, your business can quickly go from successful to stuck. Continue reading

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Clamping Down on Wage and Hour Claims

With sexual harassment cases getting lots of media coverage right now, it might seem like that’s your company’s biggest liability risk. And depending on where you work, you might be right.Of course you need to invest time and energy into preventing this kind of harassment from happening. But there are other risks you need to invest time and energy into as well. Wage and hour violations.

These risks may be getting far less attention, but they could be just as damaging and disruptive to your business. Continue reading

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