With predictions that Canada might be headed for a ‘moderate’ but short-lived recession, Canadian P&C insurance professionals will understandably be concerned about their own job prospects. Living in fear of a layoff can be crippling. Proactively confronting this layoff anxiety…
Managers are in the best position to help their employees’ social and emotional needs in the hybrid workplace, but managers themselves need more support, too, said a recent blog from Harvard Business Review. In this hybrid work world, it can…
Focusing career conversations on progression, not promotion, may be one way to convince your top producers to stick around. Spotting employees’ strengths and then creating connections for them within the organization to have ‘curious career conversations’ is one solution to…
To successfully lead a company through an era of constant change, a CEO should consider simplifying the company’s portfolio and prepare for shareholder activism, a Harvard Business Review blog says. Inflation, geopolitics, supply chain issues, labour costs, divisiveness, unsettled equity…
If you’re considering implementing a four-day work week at your P&C workplace, it’s important to realize the potential drawbacks of this approach, as laid out in a blog from Harvard Business Review. “Before trying a four-day workweek, employers need to…
Aiming for work-life alignment and not work-life balance can help re-engage dissatisfied mid-career employees, a Washington Post best-selling author says in a recent blog for Harvard Business Review. “It’s not just about the time they spend at work, but about…
As more employees in the Canadian P&C industry retire and the industry continues to face a talent crunch, some are looking to young workers to fill the gap. New research from the University of Massachusetts Amherst shows that the social…
One underrated way to keep employees on board is to give them the flexibility and resources they need to pursue their out-of-work passions, says a Harvard Business Review blog. Besides important considerations such as remote work and autonomy, better pay…
Canada’s P&C insurance industry has been undertaking digital transformation initiatives for a while now, some of which have been accelerated by the ongoing COVID-19 pandemic. But how does a brokerage or carrier know where to focus their investment, and understand…
Company leaders should constantly identify recurring themes in employee feedback and surveys, congregate that data, and then determine upskilling options for talent development, a recent blog from Harvard Business Review says. Upskilling is a longer-term investment in augmenting the knowledge,…
A few relatively simple changes can make a big difference in recruiting efforts for mid-size firms, two workforce management firms said in a recent blog. First, rewrite job postings and descriptions to emphasize the benefits of working for you instead of your specs…
Enlisting digital transformation enthusiasts and starting with a keystone change are key to successfully implementing a digital transformation strategy, according to a new blog from Harvard Business Review. “The first thing that every transformation must confront is resistance,” said the…