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In times of low unemployment, employers are especially wary of losing good employees to other opportunities. Almost as risky is facing a situation in which the best employees lose their motivation and, thus, become less productive; eventually, they may also look for other jobs.
In part one of this article, we discussed the Enron and Theranos debacles with Scott Young, Managing Director of CultureIQ Solutions. Here, we will conclude that discussion and learn how competitiveness, forced results, and a lack of transparency all played a role in these disasters.
As someone who has worked continuously since I was legally able, I’ve had my fair share of terrible bosses—and I’m sure that you have, too. I struggled with the worst one long before I had ever heard of the concept of a hostile work environment or the damaging effects of bad company culture.
There’s a certain image that probably comes to mind for many of us when we think of Wall Street bankers: expensive suits and well-groomed people.
May 25 marked 13 years since Enron’s CEO and founder were convicted on fraud and conspiracy charges after the Texas energy giant imploded, wiping out $1.2 billion in shareholder equity. And June 15 will mark 1 year since Theranos’s CEO and COO were indicted in a scheme that defrauded investors to the tune of hundreds […]
continued is a company with a unique setup. A leading provider of online continuing education and career opportunities for health professionals in audiology, speech-language pathology, occupational therapy, and physical therapy, the company does not have a central office. All employees work remotely.
It’s easy to forget that every employee hired into your organization was once a candidate applying for a new job opportunity. These applicants chose your company over hundreds of others in the hopes of starting a new career journey. And it’s a jobseeker’s market today.
After years of discussion and research, one thing is clear about workplace culture: Getting it right is very important. Like employer branding, culture exists in every organization, whether everyone is aware of it or not. Also as with employer branding, it is very important that leaders in organizations take the reins of their culture; otherwise, […]
Job videos are supposed to tell a story about the role you’re hiring for and what it’s like to work at your company. However, if your videos are an absolute snooze-fest, then obviously jobseekers will pass over your company. Sure, video is great at showing what can’t be easily communicated to candidates, but they’re only […]
If you’re hiring talent based on cultural fit, you may be doing more harm than good. Some experts say that cultural fit does nothing to improve diversity and inclusion (D&I) and, in fact, just creates an echo chamber for like-minded individuals. If you want to create a diverse workforce, you must challenge the status quo.