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The economic crisis could be lengthy. Here’s how to keep teams engaged until things get better (whenever that is).
April 02, 2009
Despite small signs that the economy is improving, executives and managers are hunkering down for what could still be a long economic downturn. Here’s how to keep teams engaged until the economy improves -- whenever that is.
Like many Asian banks, Siam Commercial Bank suffered tremendously during the 1997-98 financial crisis. But it managed not only to pick up the pieces and regroup -- it moved to the front of the pack. Here's that company's success story, which offers a model for any business going through wrenching, and possibly fatal, change.
Employees may be motivated by many different things, but they all strive for recognition and praise. And they need that positive feedback at least every seven days, according to the authors of 12: The Elements of Great Managing -- a New York Times bestseller that draws on 10 million workplace interviews.
Do teams perform better for managers who apply positive leadership practices? Are they more engaged than those led by less-positive supervisors? Two researchers set out to tackle these questions. Here's what they discovered.
