Just because a business practice is legal doesn’t mean it’s ethical. But does that mean it’s okay for CEOs to maximize profits by following perfectly legal business practices that cross the line into unethical waters? Some business executives would say, “yes.” Their stance is that a CEO’s main responsibility is to maximize profits and shareholder value within legal parameters—even if that means having low ethical standards. Others would argue that CEOs have a social responsibility to conduct business in an ethical manner even if that means securing a slightly lower return on investment. Who’s right? Does it depend on the industry?
It’s summertime and that means summer vacations are in full swing. Yet many Americans are choosing not to use all of their vacation time and the No. 1 reason why is because they would return to a mountain of work, according to a survey by Project: Time Off conducted in January 2016. Here are five strategies to help you conquer that mountain of work quickly and reclaim your unused vacation days.
Meditation isn’t about sitting down and emptying your mind. That’s one of the biggest misconceptions. It’s about self-care and learning how to focus the mind—something that business leaders need in today’s hectic work environment. Incorporating meditation into your life can help reduce stress, improve decision-making, enhance creativity and increase emotional resilience.
Communication is a vital component to the success of any merger and acquisition. It’s not enough to hold a company wide meeting announcing the deal and crafting your Day One message. As soon as an M&A is announced, people have questions and concerns. Employees worry how the merger will affect their job and benefits plan, customers wonder how it will affect the services or products they use and business partners question how it will impact future contracts. Continue reading
The idea to use a three-day holiday weekend like Memorial Day to catch up on work is often too tempting for American workers to pass up. However, you will be better served in the long run to step away from the daily grind. Here are three reasons why business leaders should resist the temptation to work during their time off.
Having a close-knit family and a successful career is easier than people might think. The trick is finding a delicate balance between the two. Learn how three business owners are incorporating their children into their work life and are not only spending more time with family, but elevating their businesses as well.
The last decade has seen an incredible shift in the way companies market their products. Quaintise shares five steps on how companies can build a strong brand identity.