Mark Anderson

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Implement these strategies to build stronger team morale and loyalty in 2024. In today's marketplace, when it comes to attracting and retaining staff members who want to invest their time and services for the long term, trust and transparency are required every step of the way. In addition, it's even more important to ensure that potential employees and employers are in alignment during the hiring process to begin with. Fostering a workplace culture that encourages regular team communication empowers staff members to voice any concerns as needed and feel recognized when they make a valuable contribution to help their department or company move forward. Below, experts fromFast Company Executive Board share 16 strategies to help employers improve employee retention rates in the coming new year.

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Many CEOs and business owners are feeling pressure to incorporate generative AI into their plans. Here are three steps as you put together your generative AI strategy. 

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Implement these tips to quiet the noisy holiday promo rush and bring attention back to your company.  “Keeping up with the Joneses” seems synonymous with the ability to maintain a successful brand among some of your biggest competitors in a tight economy. Pulling out all the stops, especially during the busy season of holiday advertising campaigns, company leaders are striving to compel consumers to pay closer attention to their business' latest products and services. Based on their own experiences, the experts from Fast Company Executive Board realize that if you're trying to build long-term customer loyalty and strengthen positive brand recognition, sometimes it's not about following the latest holiday trends at all. Instead, it's about understanding what your clients and potential customers need right now and how remaining authentic as a brand can better demonstrate a company's ability to deliver satisfying results that urge people to return throughout the year. Here are 18 suggestions they highly recommend other leaders to explore.

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Key steps business leaders can take to help their teams rack up small wins, gain confidence, and make better business decisions.

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Here's why humility and active listening skills are key to effective leadership. Behind every great leader is a great team. The continued success of that team and its ability to thrive, however,  also depends on the manager's ability and willingness to hear their employees out about the challenges they may be facing in the trenches or new ideas they want to bring to the table.  Developing an ego or coming across, more often than not, as a "know-it-all" in one-on-ones or team meetings may be a tell-tale sign that you have a superiority complex, which can ultimately lead your team to failure. The good news is that once you're able to identify your own behavior patterns and recognize you're not the only voice in the room, you'll be able to nip it in the bud quickly and effectively—once and for all. Here, 13 experts from Fast Company Executive Board share how and why it's so important for leaders to avoid a superiority complex no matter where they work. 

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Industry experts weigh in on the tips that keep their companies (and mindsets) growing successfully.  As a business owner or manager, who is responsible for leading a team to successful bottom-line results, quarter over quarter, it's easy to get stuck in a silo mindset or let fear and anxiety take over—having you falsely assume that every other company or leader has the secret to business growth and high-performance teams all figured out. On the contrary, you are not alone in your ability to face and overcome various obstacles head-on. And you'll be grateful for it along the way. To prove the point, a panel of experts from Fast Company Executive Board admits to having their fair share of ups and downs throughout their career journey to leadership. In this topic of discussion, they share one personal life lesson and what it has taught them most about how to become a better leader for the staff members and companies that they represent.