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Mastering Change and Complexity: Strategic Leadership in an Uncertain Business World
https://steeringpoint.ie/worklife/mastering-change-and-complexity-strategic-leadership-in-an-uncertain-business-world/“In the fast-paced, high-stakes world of contemporary business, understanding VUCA – Volatility, Uncertainty, Complexity, and Ambiguity – is crucial for any organisation aspiring to survive and thrive. This section delves into these elements, weaving together real-world examples and strategic insights.”
Juggling Act: How to Work While Caregiving and/or Grieving
https://steeringpoint.ie/worklife/juggling-act-how-to-work-while-caregiving-and-or-grieving/“There’s an endless stream of talk around the subject of work-life balance. Employees want to enjoy their work while not giving themselves over to it entirely, leaving space both mentally and in the actual diary for personal activities. But what about those struggling with the opposite?”
The Importance of Trust
https://steeringpoint.ie/worklife/the-importance-of-trust/“Research published by Harvard Business Review found that workers at companies where trust is high report 106% greater energy in the office, 74% lower stress levels, 76% greater engagement, and 50% more productivity than their peers at low-trust businesses. Meanwhile PwC reports that 91% of business executives say their ability to build and maintain trust improves the bottom line (including 50% who strongly agree), 58% of consumers say they have recommended a company they trust to friends and family, and 64% of employees say they recommended a company as a place to work because they trusted it.”
The Future of Fund Distribution: Fintech and the Democratisation of Investment Solutions
https://steeringpoint.ie/worklife/the-future-of-fund-distribution-fintech-and-the-democratisation-of-investment-solutions/“The traditional landscape of investment management, dominated by high minimums, opaque fees, and limited access, is undergoing a seismic shift. Fueled by the relentless march of technology, financial technology (Fintech) is revolutionising the way investment products are distributed, ushering in an era of democratisation.”
How to Start Over
https://steeringpoint.ie/worklife/how-to-start-over/“In December 2022, LinkedIn and CensusWide asked more than 2,000 U.S. workers about their professional plans for the coming year. It found that 72% of Gen Zers and 66% of millennials were considering changing careers. For Gen X and baby boomers the numbers were 55% and 30% respectively. Meanwhile, a Microsoft survey from 2021 found that over 41% of workers were considering quitting or changing professions that year.”
Crafting Success: Strategic Management in Small and Medium-sized Enterprises
https://steeringpoint.ie/worklife/crafting-success-strategic-management-in-small-and-medium-sized-enterprises/“SMEs rely on strategy to survive and grow the business whilst larger corporations draw on their strategies to maintain market dominance and enhance operations. SME’s account for 99% of active enterprises and 70% of employment in Ireland. The external environment for SMEs is rapidly evolving due to globalisation and technological changes. This advancement is intensifying competition among SMEs. Given these changes, a critical question emerges: what is the significance of strategy for SMEs in this competitive landscape?”
You’re Not Perfect, So Stop Trying To Be
https://steeringpoint.ie/worklife/youre-not-perfect-so-stop-trying-to-be/“It becomes an endless loop. Perfectionism brings a person dissatisfaction – maybe even depression or suicidal ideation – so they go to a therapist to fix the problem. They want to get rid of the depression, they say, but they don’t want to lose the perfectionism that contributes to it as they believe it offers them something essential. It’s like going to a personal trainer and demanding they help you lose weight while telling them you have no intention of cutting the daily fast food, sugary drinks and excessive alcohol from your diet. Something’s gotta give.”
The Burnout Epidemic
https://steeringpoint.ie/worklife/the-burnout-epidemic/“Working a job that we feel offers value to the world or that we feel we offer value to is key to avoiding burnout and having a healthy relationship with our work more generally. A 2015 study published in the Journal of Managerial Psychology found that when employees feel like they fit well with their organisation and their specific role, they’re less likely to experience burnout.”
Juggling a Full-time Job and a Side Hustle
https://steeringpoint.ie/worklife/juggling-a-full-time-job-and-a-side-hustle/“For many, balancing a full-time job while pursuing a side hustle is not just a means of boosting income but also a way to fulfill entrepreneurial aspirations, hone new skills, and achieve personal growth. However, managing both can be a challenging endeavour, demanding careful planning, time management, and strategic decision-making.”
Are Humanities Subjects – And Humanities Students – Doomed?
https://steeringpoint.ie/worklife/are-humanities-subjects-and-humanities-students-doomed/“In direct contrast to the many arguments that humanities are a one-way ticket to poverty, studies have shown that, due to their superior soft-skills, including diplomacy and people-management, humanities graduates often go on to find themselves in positions of leadership. 15% of all humanities graduates in the US go on to management positions (more than go into any other role)”
Management in Times of Global Conflict
https://steeringpoint.ie/worklife/management-in-times-of-global-conflict/“Leaders – even experienced leaders – have not had to deal with the level (and variety) of problems currently facing the world. On top of the conflicts and political unrest, which impact everything from supply chains to employee morale, there have been shifts in the level of engagement businesses are expected to make regarding social issues. Not engaging, or engaging in the wrong way, can quickly prove damaging, maybe even fatal, as many businesses have found out the hard way.”
What Can a Dying Uruguayan Teach You About Life? Hint: it’s More than You Think
https://steeringpoint.ie/worklife/what-can-a-dying-uruguayan-teach-you-about-life-hint-its-more-than-you-think/“Pepe Mujica is dying. Pepe Mujica has lived. The 89 year-old former “philosopher president” of Uruguay is a pivotal figure in his country’s history, having helped lead the transformation of his small South American nation into one of the world’s healthiest and most socially liberal democracies. He also used to rob banks as a Robin Hood-esque leftist urban guerrilla, tunnelled his way out of two prisons, endured 13 years of captivity, including two in solitary confinement in a hole in the ground, and survived six gunshot wounds during a 1970 confrontation with the police.”