Monday Mornings with Madison

Monthly Archives:
July 2018

10 Ways for Companies to Help Staff Grow and Develop – Part 1

Employees are the most important resource of any company. Employee turnover is expensive and strong employee retention of top talent is a competitive advantage in what is now the tightest job market of the 21st century. Companies are doing all they can to keep employees happy…. and employees want to work for companies that invest in their growth and development. For employers, that is a smart investment since it is a fringe benefit that directly benefits employer and employee…. while helping grow employee loyalty. So what steps are top companies taking to helping their staff grow and develop?
Here are the top 10 strategies to grow and develop staff!
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It’s A Matter of Time

Life is short and the average person has about 50 productive years. So how well are you managing that time? Are you highly focused and productive every single day? Or are some days uber productive and other days wasteful and inefficient? Or worse still, do weeks come and go without focus or purpose, filled with countless wasteful tasks?
Given how precious time is, it’s a shame to waste any of it. Here are some quick tips on how to amp up your time management! The five minutes you spend reading this now will save you tons of time long-term. Continue reading

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Thinking Errors and Business: Confirmation Bias, Part 2

Some of the biggest business catastrophes were caused – in part — by Confirmation Bias. The Great Depression. The Bernie Madoff Ponzi Scheme. The Real Estate Crash of 2008.
Our desire to be ‘right’ is so strong that we are ALL swayed by info that validates what we already think and believe and ignore anything that contradicts that. The problem is that any decision based on such information is likely to be flawed. For business, that spells Trouble.
So how has this common thinking error affected business in the past and how can leaders avoid it? Continue reading

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Thinking Errors and Business: Confirmation Bias, Part 1

Are you a rational decision-maker? Do you behave in ways that maximize your company’s advantage? Do you strive to minimize costs and risks? If you think so, you are likely mistaken. Every person’s thought process is fraught with over 180 different thinking errors that drive behavior.

One common thinking error is Confirmation Bias, and it’s a doozy!
Just what is Confirmation Bias and how does it affect business?
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Thinking Errors and Business: Negativity Bias – Part 2

One thinking error that deeply affects every person’s perceptions and behavior is Negativity Bias. Last week, we looked at what Negativity Bias is and how it affects business. While Negativity Bias profoundly affects business in the areas of strategic planning, employee satisfaction, retention and productivity and customer behavior, the good news is that it can be overcome.
Here are 5 ways to mitigate the effect of Negativity Bias on yourself, your staff and your customers. Continue reading

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