3 min readI hope this newsletter finds you well. As you know, Asia is facing a demographic crisis. The region's birthrates are declining, and this is having a major impact on businesses. In this newsletter, I will discuss the implications of declining birth rates for businesses in Asia. I will also share some tips on how businesses […]
3 min readIf you are a reader of our friends at Erudite Risk’s daily reports on Northeast Asia, you’ll recognize the theme of today’s newsletter: geopolitical tensions are driving a reshaping of capital flows, goods trade, and sentiment regarding Asia—and not in a good way. You’ll recognize it because Rodney Johnson, the president of Erudite Risk, has […]
3 min readLast week, there was a tragic stabbing incident in South Korea. A man crashed his car onto the sidewalk outside a busy shopping mall and then began slashing at people with a knife, injuring at least 14 individuals. The suspect was detained by police. Some of the victims are in critical condition, and an investigation […]
3 min readFor those in Korea, perhaps especially for those in HR-related roles in Korea, there is an obsession with demographics. And if there isn’t an obsession, there should be. That’s because as demographics go, so goes everything else. It is said that a country gets the systems—political, economic, healthcare, labor, etc.—that demographics allows it to have. […]
2 min readGreetings, a solid understanding of the direction the company is heading is crucial to making good HR decisions. Rightsizing—hiring and firing—and adjusting the mix of skills and capabilities of the workforce rely on a good understanding of the target market and the general direction that the market is moving. Now, more than any time in […]
4 min readNew technology is transforming the way we work, bringing with it unprecedented levels of efficiency, productivity, and collaboration. Advancements in artificial intelligence (AI), analytics, and the Internet of Things (IoT) are changing the business landscape. Companies that quickly innovate and adapt will gain a significant competitive advantage. In this article, we'll explore how new technology […]
5 min readBryan recently asked me about our company’s purpose statement. Unfortunately, "Peace of Mind" is a tagline, not a purpose statement. The formula for a purpose statement is the values. These values are in the fine print, not necessarily on the marketing brochure. We are expanding our product offering to our clients. Over the past three […]
5 min readResearch shows that people's networks shrank by nearly 16% during the recent pandemic. Employers practically all shut down in-person meetings and conferences. So, many organizational leaders replaced those meetings with video conference calls. This change had a dramatic effect on how we communicate and stay connected. Some may think we were more connected, but the […]
3 min readThere are multiple reasons why perfect leaders make imperfect hiring decisions. I will identify the top three hiring decision mistakes and some professionally proven strategies to improve the process. These strategies implemented correctly are guaranteed to improve your performance. I am not suggesting that I am perfect in recruiting and that you are not. However, I […]
7 min readRecently, much has been written about corporate culture, hybrid workforce, and flexible work hours. Changes in the workplace and how we physically are here to stay. A combination of sitting, standing, and walking effectively improves health. Salary Increases Predicted to Double in 2022 For example, some companies will increase salaries to win the war for […]