Business Brief

With the world in disarray – the COVIC pandemic coming under control and the European theater NOT … there’s concern everywhere about gas prices, inflation, the Great Resignation, child care … and the list goes on.

This week, there is a wide array of relevant articles from many diverse sources you don’t want to miss.

Communication Mistakes (just below)

No reduction in office space?

Here’s a strange Great Resignation strategy.

Understand worker types to beat the Great Resignation.

The Daycare Crisis continues unabated.

Dick’s Sporting Goods forges ahead

Employees Not Meeting Your Expectations? Blame These 3 Common Communication Mistakes.

You’re likely making these three communication mistakes when guiding your team toward a vision, outcome or performance goal. Here’s how to do better. (Inc.)

No reduction in office space?

I must admit that I, and most others, figured there would be a massive reduction in office space and being a landlord in the wake of the COVIC pandemic and remote work, would be a losing hand.

 

Alas, not so fast.

This insightful article poses an entirely different interpretation worth a careful reading. (Harvard Business Review.)

The Great Resignation – Another Viewpoint

In another counter-intuitive article, learn about the strangest great resignation strategy that also appears to be the most effective. 

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Here’s the heart of it … so I know you’ll have to read the full article because you’ll find this premise hard to believe:

The most effective strategy to retain staff is getting them to work more.”

Learn the 6 Types of Workers

Here’s a little more intel on how you can better understand the 6 types of workers to help you beat the Great Resignation.

The Daycare Crisis continues ….

A new report by Wells Fargo analyzes how the reduction of child daycare services affects working parents and, more broadly, businesses.

Here are a couple of telling points from that article:”

“While daycare services haven’t been immune to widespread staffing shortages, the pandemic has laid bare the industry’s importance to the U.S. workforce, particularly in facilitating employment among women.

“Parents are being forced to find alternative arrangements and, for many, that means they’re not coming back into the job market,” Sarah House, senior economist at Wells Fargo, tells Fortune. “Of course, that’s coming at a time when employers are struggling like never before to find workers.”

More Innovation from Dick’s Sporting Goods

Yup. There’s a new woman in town. Well, not exactly new, but with only 1 year in her CEO role, Lauren Hobart rallied the troops with some innovative ideas to combat the COVID pandemic restrictions.

Business is booming, up 41% to $12.3 billion since 2019 riding on the pandemic picot as shoppers built home gyms, adopted athletic wear and spent more time outdoors. There’s more to the story as you’ll see when you read Fortune’s, How Dick’s CEO went from psych major to Fortune 500 retail boss.

Read more articles from the Sword Tips Newsletter – March 10, 2022 – Edition