Didn’t get that promotion? Study on rejected CEO candidates gives reason to hold your head up

Recently missed out on a big promotion opportunity? Don’t sweat it. New research from The University of Texas at Austin reports that as long as you’re talented and qualified, a similar outside opportunity will find its way to you soon enough.

Whenever a CEO position becomes available, it’s common for companies to encourage senior executives to apply for the promotion. These internal CEO contestants can only have one winner, though, so what happens to the rejected internal applicants? Study authors investigated this topic, and find that in the vast majority of cases it doesn’t take long for similar opportunities to arise from outside the organization. READ MORE

The 25 Sales Tools Your Team Should be Using Right Now

Whether your company is a three-person endeavor or a large enterprise, you need tools to help sell products and services. Tools for sales reps can keep data on your customers readily available so your company can make decisions based on facts, not hopes or guesses. An educated sales department is a successful sales department. However, there are so many sales tools out there it can be tough to narrow down which ones are right for your company. READ MORE

The Great Resignation has no end date

Job turnover is 20% higher in our new remote and hybrid working world — and it's going to stay that way, new research from Gartner, a technology research firm, shows.

Why it matters: Companies should brace for a lasting culture of quitting.

By the numbers: Some 37 million people will leave their jobs in the U.S. this year, Gartner projects. That's a 20% jump from pre-pandemic levels. READ MORE

How to Be a Compassionate Manager in a Heartless Organization

Research shows that employees who work for compassionate managers are 25% more engaged in their jobs, 20% more committed to the organization, and 11% less likely to burn out. But too many organizations seem not to have gotten the memo yet. They still have rigid hierarchies and treat their employees more like resources than humans, requiring excessively long hours, pressuring people for unrealistic results, and treating them as if they were all exactly the same, without regard for their individuality. READ MORE

The Senate just passed the next Apollo program

It’s one small step for Congress, one huge leap for American competitiveness. By passing the U.S. Innovation and Competition Act (USICA) with strong bipartisan support, the Senate went a long way in countering what Secretary of State Antony Blinken called “the biggest geopolitical test of the 21st century” — China’s growing military, geopolitical, and economic aggression under the leadership of General Secretary Xi Jinping. READ MORE

How To Fix Meeting Sprawl and Transform Your Work

If we want to truly transform work for the better, meetings are a very good place to start. They’re often run poorly, and crowd our days, leading us to spend nights and weekends working to compensate.

And it’s gotten worse by most measures over the past two years. Microsoft found that workers it tracks now spend 252% more time in meetings each week on average than they did in February 2020. The meetings are often low quality, with people doing other work during them some 30% of the time or more. And meeting sprawl is costly for organizations, making it harder for people to do what they were actually hired to do. READ MORE