Best Practices & Firm Management

Meet the Co-chairs - TIAG

Baker, Kurt
ESV Business advice and accounting

Goodman-Stephens, Rebecca
Berdon LLP

Meet the Co-chairs - TAGLAW

Levy, Robert
Kuit Steinart Levy LLP

MacNeil, James D.

With presidential primaries fighting for news coverage during the rapidly evolving coronavirus pandemic, it feels like we are at a transitional moment for society and business. Public gatherings are being cancelled, schools are switching to online curriculums and the impact to political voting turnout is substantial. As business leaders, we are faced with market uncertainty, disrupted supply chains and a sudden and immediate need for an effective work from home policy.

Read more: COVID-19, Pandemics and the Accelerated Need for Digital Business Transformation

Attracting and retaining quality millennial talent is something businesses who want to remain competitive can’t ignore. Why? Millennials, born between 1980 to the early 2000s, are the largest generation in the workforce, will lead businesses in the future and can bring enthusiasm, innovation and fresh perspectives to the workplace. However, this generation has earned a reputation for breaking conventions, meaning those who fail to innovate and tap into the millennial zeitgeist, may be left behind in the race for talent.

Read more: Mind the (Generation) Gap

Author: Cameron Brinn

Why is automation such a buzzword these days? It all comes down to the fact that the way we work is changing. In fact, the nature of work itself is changing. Old jobs are disappearing, and new ones are constantly being created. Two major drivers of this seismic shift in the employment landscape are unavoidable demographic changes and our ever-increasing ability to automate tasks.

Read more: Digital Automation Deployment Strategies

Effectiveness is becoming more critical than ever to individual and organisational success, and the good news is that this can be learned. As business owners and senior leaders there is never enough time in the day to get everything done, and we have competing priorities which pull us in all directions. The concept of being an effective leader is nothing new, and some of the practices behind it are obvious, but it is worth thinking about how, where and when we can be more effective in our businesses.

Read more: Creating Effectiveness in the Workplace

With the ever-increasing number of tests, surveys, self-help books, articles and motivational speeches on leadership, it can be difficult to ascertain what qualities make a great leader. Firstly, it is important to determine why effective leadership is important and what are its benefits. Leadership is an essential function of management which helps maximise efficiency and achieve goals with impact. These benefits include; retaining top talent, nurturing future leaders, a positive workplace culture, increased employee engagement and improved creativity and innovation. However, the traditional “command and control” management tactic is no longer having its desired effect, and those failing to adapt are being left behind. To future-proof your leadership and business, try incorporating the below suggestions.

Read more: Future-Proof Your Leadership Skills!