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It's not bold to say the COVID-19 crisis has affected every aspect of how companies do business. In these trying times, many people are finding that technology is an absolutely invaluable tool in the effort to make swift, drastic adjustments to the way we run our companies. As a result, technology is likely to play an even larger role in everyday work, even once the quarantines have ended. From the sudden shift to completely remote work to establishing new ways to ...
By the end of Q3 2019, Netflix had 158.3 million paying subscribers worldwide, about 62 percent of whom lived outside the US. After expanding into Amsterdam, Paris, Sydney, and Berlin over the last year, the company now has 19 office locations across 14 countries. Meanwhile, Spotify has successfully optimized local music preferences and personalized features to
The pandemic has devastated huge swaths of American business, from retail to restaurants, airlines to advertising. The thought that companies should now begin to implement rehiring strategies might seem wildly counterintuitive. Actually, this is exactly the time to start if you want to maintain a competitive advantage in the talent market. When we emerge on the other side of the COVID crisis, it will be a company's hiring brand — not ...
Every step in the employee journey has its own unique challenges and opportunities. Onboarding, however, occupies a uniquely critical position in that journey. Consider that nearly half of all senior outside hires fail within their first 18 months on the job. Consider, too, that the cost of replacing one of those failed employees
Never before have we seen such a sudden and complete shift to remote work. Of course, people have been working remotely for years now. But, traditionally, remote teams have been co-located at least part of the time. Fully distributed teams existed, but they were in the minority. Then, COVID-19 arrived. In the blink of an eye, teams became fully distributed, and business operations moved to fully virtual environments. Even though most business continuity plans include remote work as a planned emergency ...
Over the last few months, the business community has been hit hard by the coronavirus outbreak. While many companies have instituted hiring freezes as part of their crisis management plans, this isn't a viable option for every organization. According to a recent CNBC article, hiring can't and won't stop for companies like Amazon, Home Depot, Wells Fargo, and Walgreens Boots Alliance, all of which have hundreds (and in ...
I've spent nearly four decades in management roles, which means I've had thousands of coaching conversations throughout my career. Now that many employees' working conditions have been upended by the novel coronavirus, such coaching conversations are more crucial than ever. As the stock market makes historical changes almost daily, layoffs continue in hard-hit industries, and people around the globe are concerned for the health of themselves and their loved ones, employees need
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