Loneliness is one of the most underrated problems in the US, hurting productivity and retention efforts, studies have found. Researchers with BetterUp found that when people experience "shared meaning" at work and have more social support, employee turnover slows by 24%.
LegiStorm has released weighted data on federal lawmakers with the highest staff turnover. Rep. Sheila Jackson Lee, D-Texas, had the House's biggest annual turnover, on average, between 2001 and 2016, while Sen. Amy Klobuchar, D-Minn., led the Senate.
Entrepreneurs seeking capital for their businesses can tap their home equity but should keep certain factors in mind. These loans can put your home at risk, and the new tax law has changed deduction rules, Gerri Detweiler writes.
The entertainment industry is at a watershed moment "that will create some lasting change," says Academy Award-winning actor Geena Davis, who recently spoke with Kat Mustatea for Forbes. Davis talked about the need to see different types of female characters on screen and her focus on inclusion. "It's making content that reflects the world as it is, which is half female and diverse. With every sort of sexual identity, and different abilities."
Director Miranda Bailey announced plans to launch CherryPicks, a review platform written by women to rival Rotten Tomatoes and highlight women-centric projects throughout media. Bailey says the site will launch in the fall and allow studios to access data to boost female representation in the industry.
Actor and activist Cynthia Nixon announced her candidacy for governor of New York with her first ad on YouTube this week. Nixon will challenge incumbent Gov. Andrew Cuomo in the Democratic primary. "This is a time to be visible," Nixon said. "This is a time to fight."
Leaders with grit pivot to new solutions instead of giving up in the face of adversity, writes LaRae Quy. These leaders don't try to improve weaknesses but do leave their comfort zone to explore their strengths, she writes.
Displaying key metrics, inviting feedback from employees and documenting lessons learned can help you to develop a culture of transparency, entrepreneurs say. "[W]hether it's in weekly stand-ups or town halls, find opportunities to share those lessons openly with the team," advises Jonathan Gass of Nomad Financial.
Executives should consider outcomes such as the customer experience when deciding what drives their organization, writes Rob Pace. "Leaders will face organizational rejection if they fail to clearly connect outcomes to profits and don't listen to the people closest to the customer," he writes.
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