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Articles by Tracy Garley
Why Inflation Needs to be Factored Into Your Business
What is Inflation? So what exactly is inflation, and how did we rise to such an astronomical rate so quickly? At the time of writing this article, inflation is at 7.9%, the highest that it has hit in the last 40 years. It is based on the consumer price index, which measures a basket of industries that includes housing, food and beverage, clothing, medicine, recreation, transportation, education, and other miscellaneous “basket of goods.” Why is inflation so high?
Five signs you’re leading with confidence in 2022
Let’s face it, leadership in 2022 looks a lot different than in years gone-by. The modern world has transformed over the past 2 years. “The Great Resignation” wages on, marked by unprecedented numbers of people leaving their jobs, while tensions stemming from a global pandemic linger. Leaders must now bring more to the table than just rules and new policies for team members to show up as their best selves. It is my belief leaders must inspire their teams to greatness, rather than push them.
Maximizing Value from AI Deployments Requires Rethinking Storage Strategy
For artificial intelligence and machine learning technologies to do their important work, they need data – a lot of data. The same holds true for big data analytics. The amount of data generated and replicated was expected to hit over 70 zettabytes (for context, that’s 21 zeroes after the number) last year – and that number continues to soar. The information and insights within this data can be incredibly valuable, sometimes representing once-in-a-lifetime events and often irreplaceable.
What To Do When People Doubt You
For many people, what other people think about them is really important – especially those that they love. Getting support and approval from the people we care about the most can be hugely important and for many people, the ultimate deciding factor about whether they go ahead with what they were thinking about doing or not. It’s totally normal. I often tell the story of how I first started out in business.
Three Things CEO’s Need to do to Start Measuring Innovation
In a volatile world where the only certainty is the uncertainty, companies can no longer view innovation as a ‘nice to have’, but as a business imperative. A go-to vehicle for sustainable growth. For so long, innovation was seen more as an art form than a science yet, there is a common tendency to conflate creativity with innovation.
Everything You Need to Know to Start Your Own Business
There is a lot you need to know and prepare in order to start a business that can thrive and stand on its own two feet. Going in too fast without having an accurate idea of what running a business means and what it will look like can spell disaster. You don’t need to be putting out fires and struggling to keep up with the tide of things to do while letting important aspects to any business fall apart before you even knew they were important. That is the fastest way to fail.
The future of work: What workplace trends are on the rise?
As we’re approaching better times ahead, employers are planning for the future of work. There are a lot of questions and conversations surrounding workplace trends and how organizations plan to move forward. Prior to the pandemic, there may have been employers who were reluctant to initiate a work-from-home culture/policy for several reasons.
The 4 elements that make up the ecosystem of a team
When talking about the ecosystem of a team, it’s important to understand the context of how teams come into existence. All teams operate in an organizational context: an ecosystem of interdependent elements which, when in sync, combine to benefit all stakeholders. It’s a broader system that brings relevance to why the team exists. There are four interdependent elements to a team’s context: Outside Outside refers to the external stakeholders (those whom the team exists to serve).
5 Steps to optimise your energy
Arianna Huffington was at her work desk checking email and making calls when she collapsed. She passed out and woke up with a broken cheekbone in a pool of blood. Her belief that led to this event was that burnout was the price for success. It wasn’t until she quit her working around-the-clock habit and prioritised daily self-care that Thrive Global and success followed.
Building Workplace Resilience
In our work with organizations across Canada, we are seeing higher levels of anxiety in the workforce than ever before. This is impacting individual well-being and corporate performance. The CEOs we advise have been asking what they can do to enhance individual resilience – the ability to respond to adverse conditions – in their organizations. There are ways to do this, but first, we need to understand the problem.
Bottom-Up? Top-Down? Is There No Better Way to Lead Change?
Regardless of your organization’s size or sector, one thing is certain. The future is unlikely to mirror the past. To remain relevant and thrive, change will be necessary. By the nature of their positions, leaders often maintain a fairly broad view of challenges and opportunities, trends and threats, assets and liabilities. They also have authority, providing a unique platform for driving innovation. But harvesting meaningful change is no easy proposition.
Dr. Joe Nyangon: A True Technology Leader Influencing Clean Energy Innovation While Staging Industry and Research Experiences
We are witnessing profound shifts in every industry, marked by emerging frontier technologies like artificial intelligence (AI), robotics, the Internet of Things (IoT), autonomous vehicles, and nanotechnology. Klaus Schwab, the founder of the World Economic Forum, has referred to these shifts as the ‘fourth industrial revolution.’ But as he says, “the fourth industrial revolution is not only about smart and connected machines and systems. Its scope is much wider.
How CEO leadership style can change a company
Extensive research has shown that the characteristics of CEOs can have a large impact on the life and performance of an organization. For better or worse, an organization eventually starts to resemble the leader at the top and adopt their leadership style. While all CEOs are very successful and experienced individuals, the way they reached the top, the experience they accumulated, and their preferences tend to be very diverse.
Working time is a strategic asset. How is your organisation investing it?
It’s understandable if business leaders feel ready for some respite from the turmoil and challenges of leading organisations during the past few years; first Brexit caused untold headaches, then COVID-19 struck, now we are facing the disruption of global supply chains and the threat of a new war across Europe. Many executives can look back at the last few tumultuous years and rightly feel proud of all they have achieved in this challenging context.
12 Practical tips to manage your fear of public speaking
There is so much information and misinformation out there that promises to help you get over your fear of public speaking. But what your colleague might find life-changing leaves you severely underwhelmed. Whilst public speaking is a commonly held fear, we are each afraid for different reasons so the techniques to manage fear should be tailored to your style. Begin with finding your style, then try out some of these techniques to gain confidence.
5 things Entrepreneurs should look for in a potential business partner
Choosing a business partner is always challenging, as history shows us that many partnerships end in dispute. When considering the personal qualities of a potential business partner the old axiom, “Successful people surround themselves with those smarter than themselves” is worth bearing in mind. Smarter people in this case should offer value in a field different or complimentary to the team leading entrepreneur.
CEOs Need to Stop Pushing People Back Into the Office
As we have all endured the collective experience of a global pandemic, it has been a challenge to say the least in keeping up with work life balance, productivity, loneliness, and the possibility of burnout. Now, we may be rounding the corner as pandemic cases are receding from their highs, and with this, many are making their way back to work in a physical office for the first time in quite a while.
The Off-Site Retreat Is More Important Now Than Pre-Pandemic
In the post-pandemic world, everyone is on Zoom. So how do you reap the benefits of in-person interactions when people no longer need to travel? By planning engaging off-site excursions that are the best part of an employee’s job. It’s a known fact that face-to-face interactions are beneficial. In-person interactions build “social capital,” which helps support a thriving workplace. It improves the spread of knowledge, fuels new ideas, and promotes collaboration.
Traditional Leadership is Outdated. Three Ways to Become a More Service-Centered leader
Service-centered leaders put the needs of their people before profits by placing an emphasis on their teams’ wellbeing and personal and professional growth. We’ve seen more traditional leadership models accumulate authority at the top and deploy orders downwards throughout the organization. To some extent, this still holds true in servant leadership.
Improving Women’s Economic Participation with New Crowdsourcing Models
The pandemic pushed many people away from fulfilling their dreams, either because they lost their job, or the market conditions were terrible for starting a new venture. People turned to crowdfunding outlets for financial support to help them through these tough times. As the pandemic fades, some people are also leveraging these platforms to forge ahead with their ambitious plans for a recovery that will hopefully pick up steam in the spring and summer of 2022.
Learning How To Dream Big And Encouraging Others To Do The Same
My name is Tracy Garley, I was born in the West African country of Liberia, and moved to the US at the age of eleven. I attended Western International High School in Detroit and graduated from Michigan State University with a Bachelor's Degree in Food Industry Management. I'm the owner of West African lifestyle brand Zarkpa's, founder of West African catering company Culture in a Bowl, founder of City Girl Big Dreams, and CEO of its sister brand, GoFundHer.com.
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