The Soho Loft

06/19/2020

Decisive Managers Make Better Leaders

#Business #leaders who have developed a cooperative approach to decision-making understand that people need to be valued, respected, listened to and involved. This approach translates into better performance for their #companies. It also yields more streamlined results as the inability to make sound decisions means your company could suffer greatly, as nothing will ever get done.
https://www.businessnewsdaily.com/4332-decision-making-leadership.html

Management who can make decisions while involving employees build confidence and improve the bottom line.

06/17/2020

Jobs of the future: Expert shares 3 steps to futureproof your career

“No one really has job security.” – Amy Smith
Doing things the way they’ve always been done doesn’t cut it in the #workplace anymore. In a world completely disrupted by the novel #coronavirus, there is no better time to think about #jobs of the future.
From our #offices and our kitchens to our local cafes and schools, there is no hiding from technology and its inevitable force shaping every aspect of our lives.
Whether you’re a top CEO of a multinational or an #entrepreneur with the next billion-dollar idea, #AI is prevalent to differing degrees in all careers.
There is no value in ignoring the world of tech, it’s here to stay. But we can embrace it by futureproofing ourselves.
https://www.theceomagazine.com/business/management-leadership/jobs-of-the-future/

Whether you’re a top CEO of a multinational or an entrepreneur with the next billion-dollar idea, Aligned Tribe Founder and Director Amy Smith reveals how to futureproof your career and what the jobs of the future will be.

06/17/2020

Meet Danielle Geathers, MIT's first Black woman student body president in the school's 159-year history

Meet Danielle Geathers, MIT’s first #Black woman student body president in the school’s 159-year history
Danielle Geathers is a rising college junior majoring in mechanical engineering with a concentration in product design, or at they say at MIT, Course 2-A.
She is also the first Black #woman elected to serve as MIT’s student body president in the school’s 159 years — a fact she has researched extensively.
https://www.cnbc.com/2020/06/16/meet-danielle-geathers-mits-first-black-woman-student-body-president.html

CNBC Make It spoke with Geathers to hear about her plans for MIT, her advice to students right now and what it took to get where she is today.

06/15/2020

15 Things Effective Leaders Do With Extreme Consistency

We all have a different definition of #success. But when we think of the more notable “successful” #leaders out there, the narrative of their journey to the top can get clouded by the glossy exterior of their current existence. But in reality, people who find the greatest success in any endeavour do so through extreme discipline and consistency. #leadership #businessleaders
https://www.forbes.com/sites/brentgleeson/2020/06/15/15-things-effective-leaders-do-with-extreme-consistency/#c67c1ad17791

We all have a different definition of success. But when we think of the more notable “successful” people out there, the narrative of their journey to the top can get clouded by the glossy exterior or their current existence. Behind the scenes, resides consistent and disciplined action.

06/13/2020

Feeling Uncomfortable with Reentry? You’re on the Right Track.

As #Covid’s dizzying spin starts to slow, #leaders are steeling themselves for the long road to recovery. An essential early step will be effectively addressing the anxieties of millions of workers who are worried about the future of their work and their health. Given the pain of this moment, there are plenty of “tips,” urging leaders to handle the journey’s challenges with resilience, authenticity, and connection. While these things have tremendous value in stabilizing human behavior at an emotionally volatile time, they are not enough.
https://hbr.org/2020/06/feeling-uncomfortable-with-reentry-youre-on-the-right-track

06/12/2020

How Companies Are Leading With Empathy

It is not often that #business #leaders are heard talking about empathy, but then it is not often that the entire world shuts down, so we are in grey areas everywhere anyway.
While some brands have simply shut down and ceased communication, some others have continued their usual #marketing campaigns with an aim to meet their 2020 projections. Neither approach is the best way to present your brand in these uncertain times and to ensure that after this wave has passed you will emerge in the best light possible.
https://www.entrepreneur.com/article/348357

It is time to stand up and use your brand to show concern and empathy for employees and customers.

06/10/2020

Council Post: 16 Growth Marketing Trends Every Business Leader Should Watch

#Growth #marketing has seen a significant rise over the last few years, especially in the era of social media where audience reach is wider than ever. Rather than focusing on short-term #success, growth marketing works across the entire #customer life cycle, from engaged follower to customer to brand champion. #businessleaders #trends #TheSohoLoft
https://www.forbes.com/sites/forbesbusinesscouncil/2020/06/10/16-growth-marketing-trends-every-business-leader-should-watch/#1eb3219a73f7

Staying informed on the latest trends in marketing will allow business leaders to keep up in a changing business world.

06/10/2020

A marketing expert says fashion brands with a strong social reach have a chance to 'win support for life' from Gen Z

* During the #coronavirus #pandemic, fashion brands' main exposure to #customers has been through the internet — and a rise in #ecommerce could remain as part of any “#newnormal."
* The #marketing expert Sarah Weise says brands have an opportunity to endear themselves to young people who make up Generation Z during a tough time — but can easily get it wrong.
* Some fashion brands are trying to appeal to Gen Zers' interest in causes like #sustainability, with the French company Ba&sh even encouraging resale of its products.

https://www.businessinsider.com/marketing-expert-social-presence-key-for-brands-courting-generation-z-2020-6

COVID-19 forced fashion brands in particular to make their website and social channels the shop window.

06/09/2020

These millennials are reinventing the multibillion-dollar education industry during coronavirus

The #coronavirus #pandemic has sparked the world’s largest-ever remote learning experiment. At its peak in mid-April, the virus caused nationwide school closures in 190 countries, impacting 90% of total enrolled learners, or almost 1.6 billion people globally.
That’s been a major learning curve for students, parents and educators moving their teaching online. But it’s also been a boon for one of the world’s fastest-growing industries: education technology.
CNBC Make It spoke to three founders tapping into the multibillion-dollar business opportunity to learn more. #leadership #startups
https://www.cnbc.com/2020/06/08/edtech-how-schools-education-industry-is-changing-under-coronavirus.html

The coronavirus pandemic has been a major learning curve for students and educators. But it's also been a boon for one of the world's fastest-growing industries: education technology. CNBC Make It spoke to three founders tapping into the multibillion-dollar business opportunity to learn more.

06/06/2020

The Importance of Seeing the Big Picture

Today, the velocity of change is continually increasing. Anyone in #business today — from senior #leadership to the frontline workers — feels immense pressure to deliver on accountabilities while juggling the realities of today’s world. The trouble is when we constantly operate in this state, it can become too easy to lose sight of the big picture.
#businessleaders
https://www.entrepreneur.com/article/349368

Big-picture thinking is critical to understanding what is possible in the present and in the future.

06/04/2020

How 3 Small Businesses Are Navigating Covid-19 In The Marketing Industry

When Jay Wilkinson, founder and #CEO of #marketing, printing and website-development company Firespring, was 15 years old, he attended a #leadership summer camp with his high school’s student council. While there, he learned about Stephen Grellet, a Quaker missionary whose words would change his life forever: “I expect to pass through this world but once. Any good, therefore, that I can do or any kindness I can show, let me do it now. Let me not defer or neglect it, for I shall not pass this way again.” It was this quote that motivated him to become an #entrepreneur. #businessleaders #TheSohoLoft
https://www.forbes.com/sites/samanthatodd/2020/05/31/how-3-small-businesses-are-navigating-covid-19-in-the-marketing-industry/#35f2fb273c16

Here's how three Forbes Small Giants are navigating Covid-19 in the marketing industry.

06/04/2020

How CHROs Have Met the Moment

In the past, at big company moments, it was often the #CEO and #CFO breaking the news to employees, shareholders, and other stakeholders. A distinctive feature of the #coronavirus pandemic has been to elevate the role of the CHRO, who is often visibly helping CEOs manage the present and lead their companies into the future.
At Verizon, for example, since March 11, CEO Hans Vestberg and CHRO Christy Pambianchi have led a daily all-hands for the company’s 135,000 employees. At Accenture, Chief #Leadership and Human Resources Officer Ellyn Shook now meets virtually with company leaders twice a week — instead of in-person once a quarter — to discuss key people and operations issues. And at Cisco, Chief People Officer Fran Katsoudas is leading, along with CEO Chuck Robbins, a weekly meeting for all 75,900 employees. : How CHROs Have Met the Moment
https://hbr.org/2020/06/how-chros-have-met-the-moment

06/03/2020

Heroic Leadership Is The Key Ingredient For Our Infrastructure Revival

#Leadership is like infrastructure, without it nothing can happen, and with it everything is possible. Great infrastructure - efficient, productive, aesthetically inspiring - is critical to how we live; leadership is essential to how we get there. So who is going to emerge to lead our infrastructure renaissance, and how is that going to be made to happen?
#businessleaders #businessleadership #leaders #TheSohoLoft
https://www.forbes.com/sites/normananderson/2020/06/02/heroic-leadership-is-the-key-ingredient-for-our-infrastructure-revival/#fbbb6b43ad3c

Leadership is like infrastructure, without it nothing can happen, and with it everything is possible. Great infrastructure - efficient, productive, aesthetically inspiring - is critical to how we live; leadership is essential to how we get there.

06/01/2020

From the 'perfect' salary to keeping up with the Joneses, here's how money really affects your happiness

With record unemployment, pay cuts, a turbulent #market and an ever-widening gap between the haves and the have nots, #money is at the forefront of people’s minds more than ever.
But how important is money to #happiness?
The answer is complicated. Research has long looked at how money affects happiness, which in psychology is defined as both emotional well-being, and how satisfied you are with the way your life is going.
Studies have pinpointed the 3salary that people need for happiness, looked at why money doesn’t make us as happy as we expect and posited the ideal ways to spend your money to be happy. Here’s what you need to know, no matter what you make:

https://www.cnbc.com/2020/05/26/how-your-salary-and-the-way-you-spend-money-affect-your-happiness.html
#businessleadership #leadership #TheSohoLoft

"The data really suggests that money doesn't work in the way we think," Laurie Santos, a psychology professor who teaches the science of happiness at Yale University and hosts the podcast "The Happiness Lab" tells CNBC Make It.

05/31/2020

5 Mental Exercises to Strengthen Your Emotional Fitness

Achieve the #mindset that allows you to not just endure chaos, but to thrive in it.
In times of #crisis, there are those who become overwhelmed by fear and those who rise to the occasion. They know that they have the mindset to not just endure but to thrive in the middle of chaos. They understand that what they do right now is going to determine what kind of life they will have ten years from now.
What separates these individuals from the vast majority? It’s not necessarily money or past success. There are plenty of people who have money but they are living in fear. And there are people who thought they had their #business figured out, and now they are forced to reinvent themselves because everything has changed. Here are 5 Mental Exercises to Strengthen Your Emotional Fitness:
https://www.entrepreneur.com/article/349466
#crisismanagement #leadership #coronavirus

Achieve the mindset that allows you to not just endure chaos, but to thrive in it.

05/29/2020

How leadership in various countries has affected COVID-19 response effectiveness

“#COVID-19 has put political leaders and health care systems worldwide to the test. Although lockdowns are the common approach, some countries have opted for less stringent measures.
As scientists and public policy experts, we have spent years analyzing how countries prepare and respond to #pandemics. We believe this is certain: The policy and communication choices that national #leaders make has a measurable impact on the effectiveness of pandemic response.”
READ more:
https://theconversation.com/how-leadership-in-various-countries-has-affected-covid-19-response-effectiveness-138692

Countries across the globe responded differently to the pandemic, and results show a difference in effectiveness as well.

05/28/2020

Lead Your Team Into a Post-Pandemic World

Many #CEOs have begun thinking about this crisis in three phases. They may assign different names or specific lengths to these phases, but they all roughly map to three distinct time horizons: the shelter-in-place phase, the re-opening phase, and the post Covid-19 phase.When these two ideas are combined, #leaders can operate and #lead more effectively by dynamically adjusting how they take care of their #employees through the unique challenges of each phase. What follows is a discussion of how #companies are and could be addressing workers’ needs in each phase. #businessleaders #leadership #coronavirus

https://hbr.org/2020/05/lead-your-team-into-a-post-pandemic-world

f

05/28/2020

thesoholoft.com

News Flash:

05/27/2020

Can We Just Work From Home Forever?

It’s obvious that this would be a pretty bad time to be in the #commercial #realestate industry. Right now, over 14 percent of Americans are #unemployed. That’s more than 30 million people. Big name brands have been filing for bankruptcy on a daily basis, so far including J.Crew, Pier 1, Avianca, Neiman Marcus, True Religion and Virgin Australia, among others. Over the past few months, 62 percent of employed Americans have been working from home and three out of five surveyed said they would prefer to continue working from home. So the question has been circling: when and why would we ever return to working at a physical office? #workfromhome #coronavirus #businessleaders #businesleadership

https://www.forbes.com/sites/nathanpettijohn/2020/05/20/can-we-just-work-from-home-forever/#52a8613d3d95

We don’t really ever have to go back to “normal.” At the end of the day, more companies ought to follow Twitter’s lead, and allow their employees at least the option to continue working from home for the foreseeable future, if not forever.

05/26/2020

Global political and business leaders on the economic impact of COVID-19

Global political and #business #leaders on the #economic impact of COVID-19
“Unless we open up our #economy, we have millions facing starvation."
That was the straightforward assessment of Pakistani Prime Minister Imran Khan on the impact of #COVID-19 during a virtual meeting of the Forum's COVID Action Platform on 20 May.
Khan explained: "In Pakistan, we have 25 million workers who are either [on] daily wages or get paid weekly or are self-employed. When we locked down, like the whole of the world, to stop the spread of the virus, all these people became unemployed. When we're talking about 25 million workers, you're talking about 25 million families and it has affected almost 120-150 million people...unless the men and women work, they cannot feed their families."
https://www.weforum.org/agenda/2020/05/millions-facing-starvation-global-political-and-business-leaders-on-the-economic-impact-of-covid-19/

The economic impact of COVID-19 on developing economies like Pakistan could ignite a severe humanitarian crisis if the international community does not step up support, the country's Prime Minister said.

05/23/2020

Leadership styles in the time of COVID-19 - The Business Journals

It's one thing to keep #employees focused and engaged when times are normal; try doing it during a global #pandemic.
Not only are people isolated — which cuts them off from the usual channels of stimulation and connection — but the uncertainty of the future takes a drastic toll on every employee.
The current crisis calls for specific types of #leadership, but not just one approach will work. Ironically, one style of leadership that has been under attack for years is just the kind needed right now: #command and #control. #businessleaders #leaders #TheSohoLoft

https://www.bizjournals.com/bizjournals/how-to/growth-strategies/2020/04/leadership-styles-in-the-time-of-covid-19.html

The best way to relieve your own sadness is to force yourself to help someone relieve theirs.