- Uneven Recovery And Uncertainty
How might election-year policy unknowns affect the economy’s early-cycle recovery?
Global stocks rebounded for the second quarter in a row, extending a broad-based recovery from steep Q1 declines. Commodities and riskier fixed income categories, including high-yield bonds, posted solid returns amid extraordinary monetary support and continued economic progress. US large-cap stocks moved into positive territory for 2020, but gold and higher-quality bonds remain the year-to-date…
read more - Seven Trends For A Human-Centered Return To Normalcy
Informing the C-Suite as to what customers are seeking as they rebuild their lives
Customers have made it clear they have high expectations for brands, and amid the current pandemic those expectations are heightened. Both consumers and companies are confronted with a global disruption that touches on every aspect of their day-to-day lives. Companies that are succeeding are typically those acting with transparency and clear intention, rooted in trust…
read more - All in the Dysfunctional Family
Generational business fails and what to do about them
by Kate Zabriskie
Anyone in a family business knows that according to many statistics, the chance of the business surviving declines with each handoff to the next generation. What causes the drop off? Among the myriad of reasons, times change, dedication levels vary, and talent isn’t always genetic.
read more - Second Wave of COVID-19 Infections Continues To Be Top Risk Among Senior Executives
Pandemic has either exacerbated existing risks or created entirely new sets of operational risk areas
Gartner surveyed 119 senior executives across most industries and geographies on the top concerns facing their businesses during the third quarter of 2020. The “second wave” of COVID-19 topped executives’ concerns for a second consecutive quarter, with the majority of the top 10 emerging risks having a direct connection to the pandemic and the response…
read more - What Do Millennials Want In The Workplace?
How their priorities and expectations have changed the equation
Millennials are no longer the youngest workers in the office. In fact, the oldest Millennials are nearly 40. Many are now balancing work with the demands of a growing family. In 2020, Millennials make up an estimated 50% of the workforce. As Millennials age and advance in their careers, how have their priorities and expectations…
read more - Employee’s Capacity To Undertake Change In The Workplace Has Plummeted
During a time when change is the antidote organizations need to reset and rebuild
The amount of change that the average employee can absorb without becoming fatigued in 2020 has been cut in half compared to 2019, according to Gartner, Inc. Amid worries about the economy, job security, their health and the health of their loved ones, employees’ capacity to take on change in the workplace has plunged significantly.
read more - A Difficult Week for Stocks
Stocks treaded water last week amid fading prospects for a stimulus bill, fears of a second wave of COVID-19 cases, and increasing political and regulatory pressures on Big Tech companies.
The Dow Jones Industrial Average added just 0.07% while the Standard & Poor's 500 eked out a gain of 0.19%. The Nasdaq Composite index picked up 0.79% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slid 2.08%
read more - Most Believe the 2020 COVID-19 Economy is Worse than the 2008 Great Recession
Whether its forced withdrawals from savings/retirement accounts, supporting family/friends, or simply paying bills, many are feeling the harrowing sting of the pandemic
More than half of U.S. adults (51%) believe the COVID-19 economy is worse than the 2008 Great Recession, according to a study released today by Edelman Financial Engines, the nation’s largest independent financial planning and investment advisor.
read more - Americans Are Maintaining Healthy Credit Profiles During COVID-19
Latest State of Credit report highlights less credit card debt, lower utilization rates and fewer missed payments year-over-year
In a continued effort to educate consumers about factors influencing their financial health, Experian® today released key findings from its 11th annual State of Credit report, which examined how consumers are managing their credit histories against the backdrop of the COVID-19 pandemic.
read more - Employees With Company Stock Plans Seek More Advice
Uncertainty of the times driving participants to reprioritize short, long term goals
New research from Schwab Stock Plan Services shows the impact of the COVID-19 pandemic on equity compensation plan participants’ decisions. The survey finds that of those who recently exercised or sold equity compensation, two-thirds (67%) were influenced by the market volatility and economic downturn related to the pandemic.
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