The summer of 2020 has thrown us all for a loop. What were once short-term crisis solutions – virtual and socially distant work environments – look like they are here to stay for a while. In late March, companies reported excitedly that, by and large, employees embraced the sudden shift and engagement and productivity did not seem to suffer. That was five months ago. Fatigue is setting in and, in many companies, employee engagement is waning. It is time, for companies to move out of crisis mode and get on with executing their strategic plans. To do that, they’ll contend with several challenges to employee engagement. Continue reading “Challenges to Employee Engagement: Summer 2020 Edition”
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I count 24 weeks since the music stopped. March 5th turned out to be my son’s last in-person day of 6th grade and the beginning of this never-ending summer. Since then, it seems like every facet of our lives has been impacted in ways large and small. As we emerge from the initial crisis and into a new – and potentially long lasting – reality, it’s clear that some of the changes will be permanent.
This week I spent some time with 20 or so business leaders who reflected on this question of “What’s changed permanently?” Here are some of the themes that emerged: Continue reading “What’s Changed Permanently?”
As leaders face an overwhelming number of challenges and opportunities – two of the most common frustrations are the uncertainty and lack of control. Leaders want to know when this is going to end and what the world is going to look like on the other side. In many ways, both the present and the future seem out of their control. Continue reading “PeopleCap helps organizations move forward with purpose.”
Co-Authored by Katie Spencer & Meg Crosby
We have all been swept up in a tsunami of change that hit us hard and fast and has left us disoriented, exhausted, and with miles and miles to swim before we’re back on dry land. As we look to the horizon and plot our course, we can expect to navigate this crisis in three phases:
1. Manage Risk & Adapt
2. Stabilize & Adjust
3. Grow & Innovate Continue reading “The Crisis in 3 Phases”
Please join PeopleCap for a free webinar on Thursday, April 2 at noon featuring our guest, Jennifer Hagerman, attorney with Burch, Porter & Johnson. Jennifer’s practice focuses on employment litigation. She has represented clients in cases involving employment discrimination, retaliation, restrictive covenants, wage and hour class actions, civil rights, healthcare, education and numerous areas of commercial law. She also conducts internal investigations and advises clients on a variety of employment matters including non-solicitation and non-competition agreements, employee handbooks, and employee classification under the FLSA.
We’ll ask Jennifer to opine on the following top-of-mind issues facing employers during this crisis:
- What does the new stimulus bill mean for my small business/nonprofit?
- How should I think about the decision to layoff employees?
- How can I continue hiring in this climate when we cannot meet people in person?
Like each of you, our minds are on the safety and future of everyone around us. We need your help updating and evaluating volunteer information so we can connect volunteers to you. As you know, things are changing quickly – sometimes by the hour. We’re including the most up-to-date information on our COVID-19 page, which also includes additional resources.
First and foremost, our focus is health and safety for you, your volunteers, and our community. To do that, we’re asking for your help. Here’s what you need to know and here’s what we’re asking of you: Continue reading “A Message from Our Friends at Volunteer Odyssey”
These are unprecedented times for businesses to be sure. Many of us have worked remotely on occasion, but few have worked entirely remotely – let alone managed a remote work force. I’ve had the pleasure of working with and learning from some successful virtual organizations. Here are 3 tips to keep your team inspired, productive and accountable while working from home. Continue reading “Keep Calm and Stay Connected”
PeopleCap is pleased to announce that Co-Founder & Principal Meg Crosby has been asked to serve as an Operating Partner of Memphis-based SSM Partners, a growth equity investment firm focused exclusively on software, services and healthcare. Adding Meg’s experience and expertise to the advisory council reflects the significant value SSM and its portfolio companies place on their people, leaders, and culture.
Meg is excited for PeopleCap to be an official partner of SSM, and is proud to work with both SSM and their portfolio companies. Continue reading “Meg Crosby excited to partner with SSM”
I have worked with many companies who have described their culture first and foremost as “a family.” What they generally mean is that they greatly value the relationships that they have with their colleagues at work. Though there is nothing wrong with building strong relationships with your colleagues, I have found over the years that the “family” culture has a dark side – a lack of accountability. Continue reading “The Dark Side of the “Family” Culture”
Innovate or die. The accelerated pace of technology disruption is putting companies under increasing pressure to innovate. But many companies miss the fact that there are two kinds of innovation and to win, you need to be good at both. Continue reading “Innovation vs. innovation”
On a recent trip, I flew Southwest Airlines and read a great article by Matt Crossman in the in-flight magazine eulogizing Herb Kelleher, Southwest’s long tenured and beloved CEO who passed away in January. The article describes Herb’s leadership style and the legendary culture he created at Southwest.
If you follow our blog regularly, you’ll be familiar with our description of culture: “Culture is the boss when the boss is not around.” Herb Kelleher embodied this saying. Continue reading “Herb Kelleher is the Boss.”
Do you have a heart for service? Are you thinking about joining the board of a non-profit but aren’t sure if you have the time, treasure or talent necessary to be a valuable member? Maybe you’ve already joined a board but aren’t quite sure of the full scope of your responsibilities. No matter what your situation, cityCURRENT and the Center for Nonprofit Management will help guide you through “what to know before you serve” at their inaugural Get on Board Luncheon in Nashville! Continue reading “Get on Board | “What To Know Before You Serve””
If your company is growing rapidly, then this book is for you!
Blitzscaling is loosely defined as the playbook for “building a dominant world leading business in record time.” Most importantly, Blitzscaling requires prioritizing “speed over efficiency in the face of uncertainty.”
Blitzscaling is not for everyone. We’re talking hypergrowth and first mover advantage here. It’s not for those who crave work life balance or modest market share. This is the winner-take-all model that companies like Amazon, Google, Facebook, and Apple have built. Continue reading “What We’re Reading: Blitzscaling”
I have been working for months on the content for a 4-hour workshop to help executives lead effectively in a talent-driven economy. This past week, I had the opportunity to conduct the workshop with three consecutive groups of key leaders – totaling about 55 people. At the end of the workshop, the group leader asked each member to provide feedback on what went well and what I could improve. So, by the end of the week, I had stood in front of 55 people each of whom told me something negative about my presentation or my delivery. My self-esteem was in the toilet. Continue reading “Receiving Feedback is Humbling”
Recently I attended my first wedding as a “friend of the Groom’s parents.” I’m happy to report the wedding circuit redux is as much fun as the first time around but with less responsibility. (I didn’t have to wear a bridesmaid’s dress or write a toast!) In between the first dance, the cutting of the cake and the dance floor favorite, “Twist and Shout,” the conversation among the parents of 20-somethings turned to child’s career plans.
One common theme from this group of highly accomplished professional parents was this: Our kids from the on-demand generation may not fully understand that the road to success is long. Continue reading “No Short Cuts on a Ladder”
Evaluating the Executive Director doesn’t have to be painful, overly time consuming or complicated, but it does need to happen.
Evaluating the ED is about three things: goal setting, alignment, and accountability. An ED’s evaluation actually begins 12 months out when the Board and ED work together to establish and agree upon goals for the following year. The process helps to align the Board and ED around those goals and set expectations for how they will work together to achieve them. At the end of the 12 months, the evaluation becomes largely about accountability. Were the goals met? Why or why not? Continue reading “Good Governance: Evaluating the Executive Director”
Meg enjoyed being part of NACD’s Nashville Panel on Tuesday, October 16, 2018, to discuss the expanded role of Compensation Committees in managing culture and talent.
NACD and Lipscomb University’s Dean Institute for Corporate Governance & Integrity in Nashville, TN had an interactive discussion on the board’s evolving role in compensation oversight, including:
- The latest in compensation trends from Deloitte’s recent latest report
- How compensation can drive both short – and long – term value creation
- Compensation’s role in cultivating a vibrant corporate culture
- Risks of various compensation approaches
For more information about NACD, click here.
In this short video, Co-Founder Meg Crosby gives an overview of her Vistage Workshop: People Strategy in a Talent-Driven Economy. PeopleCap looks forward to participating in the 2018 Memphis Vistage Executive Summit on Thursday, October 25th, 2018.
The National Association of Corporate Directors held its annual Summit in DC this week. The largest gathering of public, private, and nonprofit governing board members never disappoints. Continue reading “10 Takeaways from the 2018 NACD Summit”
Featuring Meg Crosby & Katie Spencer
When: Friday, October 26, 2018 from 12-1:30PM. Lunch included, and free to attend.
Where: Lipscomb & Pitts Building (2670 Union Avenue Ext), Memphis, TN 38112
Overseeing ED Performance Doesn’t Have to Be Painful: Let’s face it, it’s tough to effectively oversee the performance of the Executive Director. And yet, it’s a vital function of the board to ensure successful leadership of the organization. Don’t wait until problems arise. Join PeopleCap to learn how to establish a proactive system for performance oversight based on partnership, trust, and feedback that will help your ED and organization reach their full potential.
The Board’s Role in Talent Development: Great talent is hard to come by and non-profits find themselves with the added disadvantage of limited budgets. How can the board help grow the team’s skills to increase impact, develop future leaders, and support the retention of key talent without stepping on the toes of the ED’s daily management responsibilities? PeopleCap will walk you through strategies to develop your organization’s talent without breaking the bank and in support of the leadership.