Category: How we work
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?”
The Ethical Minefield of Artificial Intelligence
“Put simply, how to implement artificial intelligence in an ethical manner currently poses more questions than answers, with disagreements over the necessary direction of travel growing increasingly heated. How to handle data privacy, discrimination, deepfake technology, job losses and the environmental impact are all problems in need of solutions.”
Banduras Social Cognitive Theory
“Businesses can leverage the elements of Banduras Social Cognitive Theory by fostering a culture of mentorship and encouraging employees to use their initiative. This creates a healthy environment for employees to observe and improve skill acquisition and knowledge transfer.”
Surrounding Yourself with the Right People
“Mentors are the ultimate method of surrounding yourselves with the right people. Mentors can provide motivation, direction, coaching, training and advice. Are there people you admire in your chosen field? Reach out to them. It may be bold but boldness is often rewarded.”
Employee Retention: the Hows and Whys
“Managers need help with three things. First, in helping shift the focus of career conversation from promotion to progression, including allowing employees to develop in different directions. Two, in creating a culture and structure that supports career experiments. Three, in shifting the focus from retaining employees in their specific team, to retaining employees in their entire organisation.”
How to Argue and Why we Should
“Though with the advent of social media and an increased sense of polarisation and venom to debates, it’s possible we’re losing our ability to argue, to consider all other viewpoints, to assess the shortcomings of our own beliefs. Arguing well takes empathy, patience and practice. We could all do with a better understanding of how to do it properly.”