Categories
Leadership

Lead Management: Fostering Good Habits in the Workplace

In the previous article, I introduced the concepts of boss and lead management, and it seems clear-cut that the latter is superior and preferable. In this article, I explore why managers might struggle to implement lead management and fall back into the bad habits of boss management. Scenario – The Tardy Employee Consider a classic […]

Categories
Leadership

Boss vs Leader: Two Distinct Management Approaches

No one likes a tyrannical, controlling, and disempowering boss. A heavily top-down approach might have worked in the past but this style of boss management is increasingly ineffective and alienating to employees. In the modern workplace, the best managers have instead embraced a more empowering and collaborative method known as lead management. While most companies […]

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Economics

Inflation: Understanding its Impact on the Economy

Understanding inflation is essential for comprehending the global economy and predicting how changes in inflation are likely to impact economic activity, employment, and asset prices. Inflation, which refers to a general increase in the price of goods and services, results in a reduction in the purchasing power of money over time. Since 2008, the rate […]