What Sports Can Teach Us About Building Better Teams

What Sports Can Teach Us About Building Better Teams

According to the Corporate Learning Factbook 2015, U.S. corporations reported a 10% increase in training expenditures last year, to $1,004 per employee. Included in this expenditure number is training in team building.

Given these huge sums of money that companies sink into team building exercises every year, why do these trainings have such difficulty sustaining effective outcomes? The answer may lie in the fact that team building and team training cannot be seen as a one-size-fits-all proposition. They must be specially tailored to fit the kind of team you are a part of. Instead of simply throwing money at more training, leaders of these organizations should be asking, “how can I tell what kind of team I’m on?” and “how can I build my team accordingly?”

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What I’ve Learned In Ten Years as a Bootstrapped Entrepreneur

What I've Learned In Ten Years as a Bootstrapped Entrepreneur

2006 was a memorable year for a lot of reasons. Facebook opened its doors to the general public. Zinedine Zidane headbutted Marco Materazzi during the World Cup Final. And for some reason, Americans paid a total of $62 million to watch Snakes on a Plane.

But the most important event for me in 2006 was founding my company, gothamCulture.

Last month marked my company’s ten-year anniversary. And as I reflect upon my journey of bootstrapping and growing a professional services firm, I came to the conclusion that what I’ve learned might benefit other entrepreneurs out there who may be growing their own businesses.

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What Are The Greatest Priorities For Rapidly Growing Companies?

What Are The Greatest Priorities For Rapidly Growing Companies?

Leading a successful, rapidly growing organization can be one of the most thrilling, liberating and stressful things a person can do. Those of us who have taken the plunge into the world of entrepreneurship know, firsthand, that this life is anything but boring.

As I’ve watched my business grow over the years, I’ve often reflected on the sheer number of decisions I made each day and the priorities that had to be juggled in order to stay nimble in the face of tremendous competition. And I’m not alone.

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3 Simple Ways to Improve Your Recruiting Process

simple ways to improve recruiting process

Recruiting new employees should feel like a relief. Fresh perspectives, new possibilities, and more balanced workloads. Although, if you’ve ever done recruiting, you probably know that it rarely works out that way.

What begins as an exciting endeavor to seek out that person whose presence will restore order to your over-encumbered and frantically busy team becomes a long, draining, slog of an effort.

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Managing, Mentoring & Working with Millennials

managing, mentoring & working with millennials

Guest article written by Deidre Paknad

Two-thirds of corporate recruiters say their organization has a difficult time managing millennials and a similar number of executives give millennials low grades for work preparedness according to Deloitte – alarming because they comprise a third of the workforce. While it’s common to call them out as “different” or “difficult,” they may not be either of those things.

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The Future of Performance Management is Not One-Size-Fits-All

The Future of Performance Management is Not One-Size-Fits-All

In 2013, CEB research found that 86% of organizations had recently made significant changes to their performance management system, or were planning to. In 2014, a Deloitte survey found that 58% percent of companies surveyed did not think performance management was an effective use of time, and many media outlets jumped on the opportunity to air their grievances.

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Finding Authentic Community Through Your Company Values

finding-authentic-community-through-your-company-values

At gothamCulture, authentic community is one of our five core values. As you may have read on our website, “We connect with each other in authentic ways because we know that together we can do more than any of us could alone. Each of us plays a unique part in fostering a community of involvement and inclusion.”

This sounds nice, but what does it mean? And more importantly, what does it look like in action?

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The Surprising Power of Appreciation at Work

The Surprising Power of Appreciation at Work

Remember when your mom told you, “If you can’t say something nice, don’t say anything at all?” Turns out, there’s a lot of merit to that advice.

No one likes a complainer. When you show up to work and try your best to add value while being as positive as possible, the resident Debby Downer of the workplace can instantly turn your best intentions into another bad day.

Having to tolerate a perpetual complainer in the workplace has many downsides, not only for you but for the rest of the team. Here’s how.

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Measuring Performance: Are You Collecting the Right Data?

measuring performance data

We live in an age of data. Big data. The ability to collect and use data to make business decisions has become table stakes for any organization looking to gain operational efficiencies, drive innovation, obtain market share, and manage targeted and timely development of human capital. Looking back even five years, a McKinsey Global Institute report communicated the value of big data.

“We estimate that a retailer using big data to the fullest has the potential to increase its operating margin by more than 60 percent. Harnessing big data in the public sector has enormous potential, too. If US healthcare were to use big data creatively and effectively to drive efficiency and quality, the sector could create more than $300 billion in value every year. Two-thirds of that would be in the form of reducing US healthcare expenditure by about 8 percent.” (MGI, 2011)

Over the course of these past five years, we have gained a lot of capability and capacity to help us manage all of this data. And yet, many organizations still feel as though they’re falling behind.

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