A third of staff think their employer is “stuck in its ways” and will not consider how to improve its culture—which could lead to increased staff turnover. To read the full article in Personnel Today, click: One in Three Say Their Employer Won’t Consider Culture Improvements.
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When attempting to quantify the return on investment of diversity programs, companies should start by monitoring metrics such as employee engagement scores. Once this process is complete, companies should focus on improving problem areas with incremental, quantifiable goals. To read the full article in Forbes, click: Tips for Evaluating the ROI of Diversity Programs.
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Deloitte and Accenture were among the top large companies for women in a ranking by Comparably that accounted for factors such as workplace culture and compensation. To read the full article in Women Entrepreneur, click: Ranking Highlights Top Companies for Women, Diversity.
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With Generation Z coming into the workforce, employers will need to create development programs that cater to the needs of this demographic group. These programs may involve self-directed learning and a focus on soft skills. To read the full article in Chief Learning Officer, click: Designing Development Programs that Work for Gen Z.
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Knowing the Business is Critical to Effective Risk Oversight In this article, the author shares excerpts of a speech he presented to board members regarding the importance of managing risk and sources of risk.
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Global companies have long expected talent from all over the world to work together, whether remotely or in the same location. McKinsey research has shown that a diverse workforce is in the best interest of businesses. The varied approaches workers with different characteristics and backgrounds bring to creativity, problem-solving, and leadership drive innovation and growth more effectively. To read the full article in Financial Management, click: How to Avoid Misunderstandings in Multicultural Workplaces.
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When a male co-worker got too close for comfort, he drove a financial advisor to leave a regional brokerage firm where she had been working for years. He gave other female colleagues shoulder rubs that they “did not want, nor ask for,” said the advisor, who requested anonymity to share her story. To read the full article in FinancialPlanning, click: Wealth Management Fares Worst in Broad Study of Sexual Harassment.
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Book Review by Michael D. Pakter, CPA, CFF, CGMA, CFE, CVA, MAFF, CA, CIRA, CDBV In this article, Michael D. Pakter, writes a brief review of Michael Gregory’s latest book, Business Valuations and the IRS: Five Books in One.
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For outsiders observing a scandal at a company or organization, the situation often seems implausible or incomprehensible. How did leaders let it happen? Why did so many people go along with the wrongdoing? And for so long? The bigger the fallout, the more we shake our heads in disbelief. Kellogg’s Maryam Kouchaki on understanding—and avoiding—ethical breakdowns. To read the full article in strategy+business, click: Why Good Employees do Bad Things.
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A Meaningful New Year’s Resolution Why is compliance so important to business? What are the reasons and consequences for failing to have a compliance program? In this article, Peter J. Comodeca, Esq. with the law firm of Calfee, Halter & Griswold, LLP discusses the legal reasons to comply and costs of failing to comply.