Mental and physical challenges can make us feel like victims, and Kristin Hendrix tries to move past that feeling by reassessing goals, finding a small way to get started on the new path and asking for support. "No journey worth taking is smooth and risk free," Hendrix writes.
Fifteen leaders from a variety of sectors share the best lessons they have learned upon overcoming a challenge. "By taking the time to learn regularly, combined with an open mind to re-learn as needed, I am more likely to stay ahead and thrive in the ever-changing world," says Fehzan Ali of Adscend Media LLC.
Delegation is more than a simple shuffling of tasks, says a career coach and speaker. Read the advice on why some upfront thinking about tasks, training and expectations will make delegation more effective.
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Managers are often good at the upfront parts of employee communication but forget to "close the loop" on what was decided and why, writes John Baldoni. "Closing the loop makes employees feel included, valued and crucial to the team," Baldoni writes.
As more Americans leave their jobs in search of better pay and benefits, wage growth has become a source of inflationary pressure. A recent ZipRecruiter survey found 64% of job-switchers are making more than they did at their previous job, and more than a quarter of economists surveyed by The Wall Street Journal said wage growth poses the biggest inflationary risk in the current year. "It's great to get wage gains but not if it's pushing up inflation further," said Grant Thornton's Diane Swonk.
Michael Shaulov, co-founder of Fireblocks (Bloomberg/Getty Images)
Last year a "staggering" 355 startups reached unicorn status, momentum that has continued into this year as well, PitchBook writes. "As of March 31, we have seen the debut of 75 unicorn companies, with standouts such as Datavant, Fireblocks, Fanatics Trading Cards and Black Unicorn Factory," PitchBook writes.
The Biden administration wants to build a nationwide network of electric vehicle chargers as part of its plan to get more EVs on the road, but as this map based on Energy Department data shows, it's going to be a long road. California, New York and Texas lead the way on EV chargers, yet every state has "dead zones" that make cross-country EV travel nearly impossible.
