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Dr. Holly Latty-Mann's Blog

Archive for February 2009

Mistakes Managers Make During Tough Economic Times

  Posted by Dr. Holly Latty-Mann on February 26th, 2009    No Comments

Withholding Information

Often managers are skeptical in revealing bad news regarding budget cuts, layoffs or changes they are forced to make in hard times.  This is a fatal mistake and an easy one to avoid.  There are three specific groups that management needs to address during recessionary conditions: employees, customers and vendors.

The Wall Street Journal promotes sharing important business decisions with all employees. 

An Open Book: When companies share their financial data with employees, the results can be dramatic

Read more…

Are you Full of Happiness?

  Posted by Dr. Holly Latty-Mann on February 19th, 2009    No Comments

The Pursuit of Happiness

BusinessWeek SmallBiz just published an article about the effects of positive psychology on business and how happiness helps business thrive.

Our program helps people in many ways to improve their life.  Happiness is something we all strive to achieve and can all beneift from, personally and professionally.  Don’t you want to be able to say you have achieved the ultimate goal…true happiness?

It allowed me to face my fears, understand them, and change my behaviors. Excellent Program! If you want to improve your business and personal happiness and well being – come open minded!

Darryl Threadgill, Manufacturing Manager
Abbott Laboratories

 

Wall Street Journal Exhalts Leadership Training

  Posted by Dr. Holly Latty-Mann on February 12th, 2009    No Comments

Despite Cutbacks, Firms Invest in Developing Leaders: Companies Renew Focus on Employee Training, Betting That Strong Managers Will Help Through the Recovery

By Dana Mattioli

Despite layoffs and recession-starved budgets, many employers are investing in leadership-development programs, hoping not to be caught short of strong managers when the economy recovers.

Identifying and grooming leaders is important in good times, says Bret Furio, senior vice president of consumer lifestyle for Philips Electronics North America. “In times of crisis when the economy is struggling,” he adds, “it’s imperative.”

Like many companies, Philips Electronics NV is trimming its training budget this year. A December survey of 117 large U.S. companies by Watson Wyatt Worldwide Inc. found 23% of respondents had recently cut training programs, and another 18% planned to do so this year.

Click here to read the article in full