People in every workplace talk about building the team, working as a team, and my team, but few understand how to create the experience of team work or how to develop an effective team. Belonging to a team, in the broadest sense, is a result of feeling part of something larger than yourself. It has a lot to do with your understanding of the mission or objectives of your organization. To accomplish these objectives, you need to differentiate an overall sense of teamwork from the task of developing an effective intact team that is formed to accomplish a specific goal. People confuse the two team building objectives. This is why so many team building seminars, meetings, retreats and activities are deemed failures by their participants. Leaders failed to define the team they wanted to build. Find out more about building the two kinds of teamwork. Have a happy Friday.
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Harvey Mackay, well-known, irreverent speaker and author of Dig Your Well Before You're Thirsty, tells you that networking is a full time job no matter your career or business. And, you want to have a professional network established long before you need a network. Don't wait until a layoff looms, or you hate your job, or you just need a change, network now. Read more...
Developing your managers is truly your most critical talent task. Most management development does not involve outside classes. Management development is the overall concept that describes the many ways that organizations help employees develop their personal and organizational skills, either as managers in a management job or with an eventual management job in mind. Read more...
Job rotation is a method used for employee development. Job rotation gives the employee the opportunity to develop skills in a variety of changing jobs. In job rotation, employees will make lateral moves the majority of the time, but job rotation can also involve a promotion. Here are the keys to successful job rotation.
Wondering how the stock market can remain near its highs, even as the economy sputters?
Here's part of the mystery. The relative performance of cyclical stocks (stocks that do well when the economy is booming) has collapsed compared to defensive stocks (companies, like drug makers, that can do well at any point in the cycle).
Cyclicals vs. Defensives has now fallen to lows seen last summer, and not surprisingly, the collapse corresponds nicely with the falling MAP -- Deutsche Bank's own index for measuring economic surprises. Read »