Managers are always looking for cost-effective ways to improved productivity, performance, and office morale, yet genuine praise—one of the easiest, cheapest, and best ways to do both—is woefully underutilized.
The Harvard Business Review surveyed more than 7,500 people, and 37 percent admitted they don’t give positive reinforcement. The survey also found a correlation between people who believe they give honest feedback and those who give negative feedback.
The researchers noted: “Leaders obviously carry some incorrect beliefs about the value and benefits of different forms of feedback. Read More...
In one of the largest fair-lending payouts in history, Wells Fargo agreed on Thursday to spend at least $175 million to settle federal accusations that it steered black and Latino borrowers into high-cost loans and charged them excessive fees.
The settlement with the nation's largest home mortgage lender is rooted in a lawsuit filed four years ago by Baltimore over fair-lending violations. It culminated Thursday in what federal officials called " Read More...
By Mayeni JonesBBC West Africa correspondent
EPAAn armed soldier patrols the streets of Freetown following a series of attacksFreetown, the capital city of Sierra Leone, was jolted awake by gunshots on Sunday morning.
It was not clear at the time, but the government now says that this was a coup attempt.
Armed men had tried to break into an armoury at a military base near the president's home, then attacked two of the city's main prisons, releasing some of the inmates. Read More...
