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Due to the current economic slowdown, many companies are finding themselves unable to afford large annual bonuses. What can organizations do to reward top performers and keep morale high while limiting spending? The author, a CEO with one the largest housing specialty lenders in the U.S., discusses the advantage of smaller-scale, more frequent spot bonuses…

August 06, 2020 Do you have what it takes to be a manager? In this episode of HBR’s advice podcast, Dear HBR:, cohosts Alison Beard and Dan McGinn answer your questions with the help of Ellen Van Oosten, a professor at the Weatherhead School of Management at Case Western Reserve University and coauthor of the book…

By Eli Lilly and Company Covid-19 continues to pressure many U.S. employers. Layoffs have caused an estimated 27 million Americans to lose employer-sponsored health insurance. And with 80% of CFOs expecting revenue and profit declines, they likely will look to trim benefits, including health benefits. Employer premiums for family health coverage topped $14,500 last year,…

August 06, 2020 In the last episode of the season, author and global affairs expert Christian Busch argues that what we tend to call luck is simply opportunity that we don’t recognize at first. Busch has spent 10 years researching the art and science of “luck” – or serendipity, as he prefers to refer to…

SpiffyJ/Getty Images An earlier version of this article attributed urgency and importance to Dwight Eisenhower. This version has been updated to reflect both Eisenhower and Stephen Covey’s popularization of the matrix. The coronavirus pandemic has forced many of us into constant and relentless triage of tasks and assignments. It could be shifting to a remote…

Kmatta/Getty Images In these difficult times, we’ve made a number of our coronavirus articles free for all readers. To get all of HBR’s content delivered to your inbox, sign up for the Daily Alert newsletter. High-profile bankruptcies, refinancing deals, and drastic cost-cutting involving the likes of Brooks Brothers, JCPenney, Hertz, Neiman Marcus, Ford, and GM…

Any organization can write a check or mobilize resources when confronted with a crisis such as the Covid-19 pandemic or a social movement such as Black Lives Matter. But corporate crisis response becomes much more meaningful when stakeholders know that the organization has been applying itself in similar ways and as part of its primary…

As Covid turns even the most benign of social activities into risky propositions, many of us find ourselves in the uncomfortable position of rejecting our friends’ and family’s invitations to non-socially-distant activities. It can be particularly challenging to explain our Covid-related concerns when saying no to these events, as we may worry about coming across…

The benefits and pitfalls of networking have never been quantified. A team of researchers examined the meeting schedules and emails of Microsoft employees to find the employees with the most and least amount of connectedness. Well-connected employees were more engaged and more likely to speak up about issues at work. But the researchers were surprised…

Liyao Xie/Getty Images This is a time of the year often marked by personal and professional transitions, a time of graduations, weddings, first-days-at-the-new-job, and strategic planning for the next fiscal year. These transitions often bring a mix of anticipation and excitement — a sense of not knowing exactly what lies ahead but an eagerness to…