New research from Glassdoor published by HR Grapevine found that over half (53%) of employees are afraid of losing their jobs in the near future due to Covid-19. According to the research, 56% would rather take a lower salary, 68% would rather forgo a pay rise, and 71% would rather skip a bonus compared to … Read More
2020 (And the Death of Organizational Goal Setting)
Believe it or not, there was a time when the economy was predictable. Now it’s more of a distant relic than a familiar memory. Market crashes and corrections were the exception at the time, while repetition of tried-and-true business theories were the norm (think Malcolm Gladwell’s 10,000 hour rule). As a result, strategic planning became … Read More
Imposter Syndrome Doesn’t Have to Kill Your Career
(Lesson 5 From 1,000 Assessments) –I sat across from one of the most successful people I have ever met and watched his eyes well up with tears. I had just told him that his assessment revealed that he perceived himself as an imposter. After a few moments of silence, he revealed that he’s been waiting … Read More
The Real Life “Wendys”: Our Experience with Coaching and Finance (Part 2)
In part one we responded to the HFMWeek statements on the prevalence of coaches in the financial service industry and their take on the unique traits of financial service professionals. This section we will talk about why financial services can be such a difficult career despite the high salaries. Downside of the Profession HFMWeek Expert … Read More
The Real Life “Wendys”: Our Experience with Coaching and Finance (Part 1)
Approximately 5 years ago, Psynet Group started working with financial service companies including private equity, banks, and hedge funds. We continue to get an education from these clients as we add value, and find them to be as interesting and fun as they are challenging. When we began this work, we had no idea that … Read More
Elliott Jaques Was an “Envisionary”
(Lesson 4 From 1,000 Assessments) Dr. Jaques was a Canadian thinker, psychoanalyst, and management consultant who is best known for developing many of the original ideas used in the classification of corporate culture. One major concept centers on his belief that individuals reach a certain professional level based almost exclusively on their ability to cognitively … Read More
The Unconventional Wisdom of Doing Nothing
(Lesson 3 From 1,000 Assessments) The Ultimate Dilemma– Imagine a burning building. As the flames climb, three individuals stand in the street wondering if everyone inside made it out safely, but with all the smoke it’s impossible to tell. The first person, unable to stand idly, rushes into the building looking for potential survivors. The … Read More