February 5, 2020
Businesses can fail if employees are over-confident
Senior employees being too confident about the value of their ideas could be one reason businesses are failing, according to research by the University of Cologne. The study, conducted by Professor Fabian Sting and a team of interdisciplinary co-authors, highlights how choosing the wrong ideas to pursue can lead businesses to make unwise investments and miss out on opportunities, which could threaten their survival. A large part of the problem, it says, is that the person who comes up with the idea overestimates how successful their innovation will be and views their skill or performance as better than it actually is. More →
February 13, 2020
What performance culture can teach us about motivating employees in the workplace
by Diane Strohfus • Comment, Workplace
From start-ups to well-established companies, organisations thrive or fail on motivating employees. It’s mission-critical. Motivated employees are easy to spot – they tend to align their purpose to that of the company, are more innovative with their problem-solving and have a greater impact. Organisations must actively work to motivate and engage employees, giving them a sense of purpose. Otherwise, there’s a real risk of the company falling behind the competition and staying there. More →