Top 5 Mistakes to Avoid when Taking Over the Family Business

by Angela Civitella

Passing on the family business to the up-and-coming generation is one of the greatest joys when a founding businessowner steps down. But when the next generation steps in and takes over, this new leadership tends to make some big mistakes, despite the fact that things are staying in the family. What are these big mistakes and how can they be avoided? Lack of leadership and … [More]

Leveling Off: Mortgage Delinquencies Continue to Rise but Pace Moderating in October

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for October 2020. On a national level, 6.1% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 2.4-percentage point increase in the overall … [More]

Survey: America’s CEOs Start 2021 Concerned about Taxes, Optimistic about Trade, & Eager to Return to the Office

The Conference Board

As 2021 begins, a new survey from The Conference Board reveals the biggest issues that will keep business leaders up at night in the new year. CEOs in the United States are more worried about higher corporate taxes and increased regulation, but less worried about global political instability and disruptions to global trade. And compared to their global peers, U.S. CEOs are more … [More]

Survey Reveals 68% of Surveyed Workers Do Not Feel Completely Safe in Their Buildings

Honeywell

Honeywell released the results of a comprehensive study on workers' perceptions and feelings on the health and safety of their workplace. Conducted by Wakefield Research, the study surveyed 2,000 workers that typically work in buildings with 500 or more employees across the United States, United Kingdom, Germany and the Middle East. The findings show that a staggering … [More]

7 Great Ways to Create a Really Inclusive Workplace

by Andi Simon, Ph.D.

In a recent article in Harvard Business Review, Elisabeth Kelan writes about “gender fatigue,” which she describes as the phenomenon of people acknowledging that gender inequality exists in general, but not in their workplace. Lots of people, it seems, are all for gender equity, inclusion and a diverse workforce. Yet, it is just not happening. It reminded me about the … [More]

Despite New Stimulus, More Than 3 Million Renters Facing COVID-19 Unemployment Bear Extreme Housing Cost Burden

Zillow

For millions of renters who remain unemployed during the COVID-19 pandemic, the recently finalized fiscal stimulus package is desperately needed relief. The additional payments will bring their typical rent burdens from more than 80% of their income to less than half, a new Zillow® analysis shows. While the extra assistance helps on a monthly basis, millions behind on their … [More]

Content is Critical for 2021 and Beyond: How to Activate Engagement in Today’s Video Marketing

Source Digital

We’ve all heard the saying that when it comes to online marketing, content is king. Going into the new year, that holds true, but there’s one caveat that marketing managers must grasp if they want their efforts to be effective. It’s not that content is king when it comes to video marketing – it’s content that actively engages viewers. Those companies that tap into the power of … [More]

Clean Data Key to Maximizing 5G’s Potential to Augment Marketing

inbusinessPHX.com

When it comes to 5G—the fifth generation of cellular wireless technology helping us navigate the online world—most businesses are focused on speed. The key to progress is processing the data. Connection is one thing; giving context to the vast amounts of information coming is an unprecedented challenge, according to Sky Cassidy, CEO of MountainTop Data. “How marketing … [More]

Talent Engagement will be Critical to Building Business Resiliency as Market Evolves in 2021

The Execu|Search Group

The Execu|Search Group released its 2021 Hiring Outlook titled, 3 Strategies For Building A Resilient Workforce During Uncertain Times. The report, which provides insight into the factors that most impact employee engagement, aims to help employers navigate their talent pool in an evolving market. This is critical as COVID-19 continues to run its course in 2021, and companies … [More]

5 Ways Small Businesses Can Grow after Emerging from Disruption

inbusinessPHX.com

The pandemic made 2020 a difficult year for many small businesses, as many closed permanently. But other small companies had success despite the surge in outbreaks and are hoping to build on those achievements in 2021. How can they keep their momentum going, and what can other companies learn from their struggles to navigate the challenges of the new year? “To stay … [More]

Pandemic Year Brought Incredible Surge in ‘Million-Dollar Cities’

Zillow

Although the typical value of a home in the United States is about $263,000, the number of "million-dollar cities" spiked sharply last year,  according to a new Zillow analysis.  There are 45 more U.S. cities1 with a typical home value of at least $1 million than there were a year ago -- the largest increase in at least a decade.  There are now 312 million-dollar cities, up … [More]

2020: What Did We Learn & What Is Here to Stay?

by Karen Stafford, MHRM, SPHR, SHRM-SCP

Remote Work Is Here to Stay! While a small number of workplaces offered working from home at least one day a week before the pandemic hit in March (36%, according to a Price Water House survey), when COVID hit that number spiked to 77%. During this time, we learned that remote work can and really does work! Yes, job roles are important, as many “essential worker” … [More]

Flow over Force: Essential Existential Advice to Overcome Paltry Productivity

by Neha O’Rourke

For the woman who’s utterly frustrated by what she perceives to be her paltry productivity (or so it feels that way) in these duck-and-cover days of COVID-19: I see you. I hear you. And, I would like to introduce you to a concept that I turn to regularly to reset the day or when motivation or productivity becomes stagnant. It’s called “flow-over-force⁣.” This process is … [More]

Why You Should Consider a Digital Transformation for Your Company in 2021

by Joel Patterson

As with every new year, it’s important to formulate, plan, and set your business goals. Have you considered how revamping your software solutions could help you achieve those goals? Here are just a few of the reasons to consider a digital transformation for your business in 2021. Keeping Up with Yourself. Your goals most likely include some form of growth—more customers, … [More]

Planning amid Uncertainty: Tax Considerations Business Owners Should Keep in Mind as 2021 Begins

by Kris Yamano

Businesses, no doubt, are eager to leave behind the uncertainty of 2020 for a much more stable 2021. But the truth is that many of 2020’s uncertainties will hang over into the new year. That is why now is the right time to get a jumpstart on 2021 tax planning. Here are several key considerations businesses should weigh as they prepare their 2020 taxes and plot out their tax … [More]

Home Value Disparities Between Races Are Still Pronounced, but Shrinking

Zillow

Typical values for Black- and Latinx-owned homes still lag behind overall U.S. home values, but the gap is narrowing. A new Zillow® analysis shows homes owned by Black and Latinx households are worth 16.2% and 10.2% less, respectively, than the typical U.S. home -- gaps that have closed by about 4 percentage points from their widest points following the Great … [More]

5 Ways HR Can Make Diversity and Equality Central to Succession Planning

inbusinessPHX.com

Women are making progress in corporate leadership. A record 41 female CEOs are scheduled to run Fortune 500 companies in 2021. Along with this positive news about diversity and equality in the workplace, business observers think another good example was set by a male CEO deciding to step down in 2021. Zalando’s Rubin Ritter said he is leaving his position so he can put his … [More]

Change Is Just Beginning: How Leaders Can Focus on Meeting 2021’s Challenges

inbusinessPHX.com

Business leaders dealt with massive and rapid change in 2020 due to the COVID-19 pandemic, but many small businesses and chain stores didn’t survive. As a new year begins amid much economic uncertainty, companies that successfully navigated 2020’s turbulence can’t rest, and they need engaged, forward-thinking leaders who can keep adjusting and focusing on the right factors … [More]

Amid Economic Uncertainty, Businesses Embrace Change, Strengthen Resolve, Survey Finds

JPMorgan Chase & Co.

In a year filled with unforeseen and unparalleled challenges, small and midsize U.S. business leaders are showing resilience by remaining nimble, accelerating digital adoption and using lessons learned to plan for continued economic uncertainty, according to the annual JPMorgan Chase Business Leaders Outlook survey released today. While the majority of businesses surveyed … [More]

10 Fast-Growing Careers for Remote Jobs in 2021

FlexJobs

The pandemic has disrupted the workplace and broadened access to remote jobs across most career fields. In fact, more than half of companies have hired new staff remotely during the pandemic. U.S. Census data also found that in major metro areas such as San Francisco, Washington DC, Boston, and Seattle, more than half of the labor force is working from home. That said, … [More]