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We’ve all felt overwhelmed during a hectic workday, particularly in our age of constant connectivity. When we contend with high demand and tight dead-lines, quality can be sacrificed for efficiency, creating a lose-lose situation for businesses and employees. Active mindfulness may be the solution to work-related anxieties and higher quality output that many seek. Mindfulness
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In the many conversations I’ve had with CEOs over the last month-plus, most have expressed a concern about their teams. Chief executives I know in healthcare are simply doing everything they can to provide resources, guidance and emotional support to their staffs. In other industries, as organizations have pivoted to remote operations, the lack of
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Editor’s Note: On a recent webinar hosted by Chief Executive Group, AlixPartners’ Ted Bililies answered questions from the audience about leading organizations through the Covid crisis—or any crisis, for that matter. In times of stress, “leaders often unconsciously respond with behaviors that act counterintuitively to the necessary actions that need to be taken,” says Bililies,
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We’ve all felt overwhelmed during a hectic workday, particularly in our age of constant connectivity. In fact, 40% of workers report their job is “very” or “extremely” stressful. During moments when we must contend with high demand and tight deadlines, quality can be sacrificed in the name of efficiency, creating a lose-lose situation for businesses
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The COVID-19 pandemic, though devastating, is a surprisingly useful lever for improving a company’s resilience in the face not only of infectious disease, but also of other more common shocks, including cyberattacks, floods, fires, hurricanes, earthquakes, economic downturns and climate change. For CEOs, the deadly coronavirus has instilled valuable lessons in risk management and continuity
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Supply chains throughout our economy will experience volatile shock waves of product supply and demand over the next year or more. Most companies’ automated supply chain systems are incapable of handling this level of volatility. This will create chaos in both customer fulfillment and supplier replenishment unless managers adopt a completely different way of managing
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CEOs have been prominent amid the pandemic, huddling with President Trump, protecting their employees from harm if possible, conferring with industry colleagues about collective responses and, in many cases, sharing glimpses of their home life with colleagues via Zoom meetings. One big thing CEOs haven’t been doing: Objecting vociferously to the government-ordered shutdowns of their
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A recent Forrester report laid bare some harsh realities IT teams face across organizations: Legacy tools are paralyzing digital transformation, thwarting businesses’ abilities to meet the growing demand for always-on services. While old technologies hamstring the ability to scale services to meet the pandemic-era needs of businesses and consumers, there’s also questions as to whether
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Signed into law on March 27, 2020, the Coronavirus Aide, Relief, and Economic Security Act (the “CARES Act”) provides access to loans and loan guarantees from the United States Treasury to various businesses. Not surprisingly, such financial support comes with strings, some of which impact executive compensation and careers. The Paycheck Protection Program (“PPP”) •
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